10010 - Financial Managers

Financial Managers are in high demand across Canada due to the country’s rapidly growing financial and accounting departments. The demand for skilled workers under this TEER has been rapidly expanding post the pandemic, and this trend is expected to continue over the coming years. There will be many job opportunities available for Financial Managers in Canada.

The high demand for skilled workers in this field has resulted in competitive salaries and excellent benefits for Financial Managers can range from $60,200 to $153,900 per year, depending on experience, location, and specialization, but they tend to be higher than average in this industry.

Financial Manager Jobs in Canada also offer many opportunities for career advancement in some of Canada’s popular employment areas including banks, investment firms, and insurance companies. Professionals have numerous opportunities to expand their skills and take on new challenges as Financial Managers in Canada.

Financial Managers in Canada can avail of a wide range of benefits, from strong job security to high compensation, a supportive work environment, a direct Canada PR for Financial Managers pathway, and free healthcare. Canada is known for its welcoming and diverse culture, making it a great place for individuals under this TEER to live and work.

Let us help you Apply for Canada PR as a Financial Managers

Example Titles

• Controller - financial services
• Director - financial services
• Director of Accounting
• Finance director
• Financial Administrator
• Financial control manager
• Financial planning and analysis manager
• Internal audit services manager
• Treasurer

Main Duties

This group performs some or all of the following duties:

• Plan, organize, direct, control, and evaluate the operation of an accounting, audit, or other financial department.
• Develop and implement an establishment's financial policies, systems, and procedures.
• Prepare or coordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports.
• Coordinate the financial planning and budget process, and analyze and correct estimates.
• Supervise the development and implementation of financial simulation models.
• Evaluate financial reporting systems, accounting procedures, and investment activities and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions to senior managers and other department or regional managers.
• Recruit, organize, train, and manage staff.
• Act as liaison between the organization and its shareholders, the investing public, and external financial analysts.
• Establish profitability standards for investment activities and handle mergers and/or acquisitions.
• Notify and report to senior management concerning any trends that are critical to the organization's financial performance.

Employment Requirements

• A bachelor's degree in business administration, economics, commerce, or a related field is required.
• A master's degree in business administration (concentration in finance), or another master's level management program may be required.
• Several years of experience in accounting, auditing, budgeting, financial planning, and analysis or other financial activities are required.
• Accounting and audit managers may require a recognized accounting designation (CPA, CA, CPA, CMA, or CGA).
• Investment, treasury, or corporate finance managers may require a recognized financial designation (CFA, CFP, CIM, or others).

Salary Prospects

Job Openings - TEER 10010

Over the period 2022-2031, new job openings for Financial Managers are expected to total 33,700, while 29,800 new job seekers are expected to be available to fill them. Immigrants learning how to get Financial Manager jobs in Canada from India can find it relatively easier to land a job under TEER 10010.