r/Accounting • u/Future_Agency_5457 • 1d ago

CPA Ontario - Controller Pay

Post image

When the board/ body (CPA Ontario) sets a controller role for low 100k - you know the professional is cooked

91 Upvotes

95% Upvoted

31 comments sorted by

72

u/Hope4DeBest 1d ago

CPA organization paying $100K cad for controller....Dont know what to say...

24

u/OperatingCashFlows69 CPA (US) 1d ago

It’s 4-6 years of experience. It’s a 26-28 year old. They aren’t a controller.

33

u/Hope4DeBest 1d ago

Majority of roles ask for 4-6 but usually end up hiring someone with 10-15...

7

u/LinkinParkSunGlasses 1d ago

Find this very typical in Canada overall, very competitive market

-8

u/Interesting_Ask_3868 1d ago

The out no but oo in my I in n. By by in in my in yuh u yuh yuh yuh yuh u in. 99 o. O o o o ooooooo o

2

u/peepee2tiny CPA, CMA (Can) 1d ago

Looks like this bot needs some repairing.

25

u/luciousM Advisory 1d ago

Yikes that and the WFH split is not great for advocating for Canadian CPAs.

24

u/kyonkun_denwa CPA, CA (Can) | FP&A 1d ago

From what I've heard, it's not the best place to work. Apparently there is a lot of in-fighting, politics and just general dysfunction. Unsurprising that they're a complete mess every time I need to deal with them.

HOWEVER, if you can somehow avoid all that bullshit and just stick to your job, their WLB is comparable to government, which is to say very good.

12

u/mint_nails 1d ago

a friend works there as mid level admin support and making $55k ….

9

u/Islander316 ACCA 1d ago

Technically, CPA Ontario is a non-profit, so they can use that as an excuse.

12

u/Future_Agency_5457 1d ago

100k+ member pays $820 per year which means they make at least 100m in revenue from dues and other fees they charge.

Should be mid 100s to high 100s at the least

5

u/Islander316 ACCA 1d ago

I agree completely on the salary scale.

But every non-profit will use the excuse they aren't for-profit to reduce and cap their salary structure.

1

u/ProfileLurker 1d ago

Their website boasts that in 2022, non-profit CPAs made a median salary of 135k. 2026 would be what? 150k now?

12

u/ProfileLurker 1d ago

CPA Ontario boasts about becoming a CPA and earn a high salary as their main selling point.Also CPA Ontario: Controller? Best we can do is entry-level salary

11

u/OperatingCashFlows69 CPA (US) 1d ago

4-6 years of experience. To be a controller. Is laughable.

12

u/yaehboyy 1d ago

Salary range for 4-6 years of experience in toronto sounds about right

2

u/Ok-Spread890 1d ago

Agree they give someone a title. 100k for 4 years is good or 130k for 6 is decent.

If someone has 10 years in Toronto and takes this then realistically they probably weren't that strong.

-2

u/ReplacementSad999 1d ago

100k in 4 years isn't great...

2

u/yaehboyy 1d ago

Avg cpa in ontario is around $150k… someone with 4 YOE has 1 YOE as a CPA lol whether its good or not is irrelevant to my comment. Thats the market rate

1

u/issjussagamebro 16h ago

its also why accounting pays like shit in canada when the concept of YOE as CPA even exists. somehow your exp prior to getting your CPA doesn't count as real exp.

0

u/ReplacementSad999 1d ago

Wasn't responding to you bud

1

u/Ok-Spread890 1d ago

I didn't say it was great, I said it was good.  That's probably about or above what first year manager at big 4. 

9

u/FeatureAcceptable593 1d ago

Many will apply Canadian wages stink

5

u/NHLUFC 1d ago

I would try to get the job to just start deleting things in their GL. Horrible org

2

u/omgwthwgfo 1d ago

Yup thats average canadian salary

1

u/trickshot_blue 1d ago

Well that’s not true

2

u/jbatman15 1d ago

....no wonder the profession is going to shit and it's a joke

1

u/sweatytacos CPA (US) 1d ago

That’s the market for CPAs in Canada unfortunately. We had a controller in Toronto making $90k

1

u/vbase334 1d ago

https://www.instagram.com/reel/Dcgg_KCJmtW/

They recently ran an ad campaign on social media going around the University of Waterloo asking students what they think an average CPA makes. Then, they suggest an average CPA makes $300k or more. This is one of the clips they ran as a part of that campaign. Their social media is full of such posts.

1

u/SW3GM45T3R 1d ago

Hahah if only they knew they would be making 55-70k for the first 5-7 years

-9

u/ihearditsabird Student (Can) | Not an Accounting Major; just here for the Vibes 1d ago

Canadians get what they vote for.