Senior managers - financial, communications and related services

Senior managers - financial, communications and related services

NOC
0013

- Senior managers - financial, communications and other business services

Develop and establish objectives, policies and programs for business service companies, and oversee the operations of the organization in relation to established objectives.

Quick facts

3 Year Outlook

Good
Good

3 Year Job Openings

92
 

Median Hourly Wage

N/A

Median Salary

$90,442
 

Typically Required

University

Employed

648
 

% Working Full Time

92%
 

% Working Full Year

78%
 
Job details

Full NOC Description

Senior managers in this unit group are usually appointed by a board of directors, to which they report. They work either alone or in conjunction with the board of directors to develop and establish objectives for the company, and to develop or approve policies and programs. They plan, organize, direct, control and evaluate, through middle managers, the operations of their organization in relation to established objectives.

Main Duties

Senior managers in this unit group perform some or all of the following duties:

  • Determine the company's mission and strategic direction as conveyed through policies and concrete objectives which are met through the effective management of human, financial and material resources
  • Authorize and organize the establishment of major departments and associated senior staff positions
  • Allocate material, human and financial resources to implement organizational policies and programs; establish financial and administrative controls; formulate and approve promotional campaigns; and approve overall human resources planning
  • Select middle managers, directors or other executive staff; delegate the necessary authority to them and create optimum working conditions
  • Represent the organization, or delegate representatives to act on behalf of the organization, in negotiations or other official functions.

Senior managers in this unit group may specialize in areas such as finance, marketing or human resources or in a particular service area.

Also Known As

  • advertising agency president
  • bank president
  • chief executive officer (CEO) - telephone company
  • chief financial officer (CFO) - advertising agency
  • chief operating officer - engineering firm
  • computing services company president
  • credit union executive director
  • executive vice-president - real estate agency
  • general manager - real estate management company
  • human resources vice-president - bank
  • marketing vice-president - clerical staff services
  • president and chief executive officer - financial, communications and other business services
  • trust company regional vice-president
Requirements

Employment Requirements

  • A university degree in business administration, commerce, computer science or other discipline related to the service provided is usually required.
  • Several years of experience as a middle manager in financial, communications or other business services are usually required.
  • Specialization in a particular functional area or service is possible through specific university training in that area or through previous experience.
  • Senior managers in finance usually require a professional accounting designation.

Provincial Regulation

Not Provincially Regulated

Employment by Sex

The following graph shows the percentage of men and women working in this occupation in New Brunswick.

Data legend

23.0%
Female
77.0%
Male
Employment by age

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.

Data legend

1.6%
15-24
8.6%
25-34
25.8%
35-44
40.6%
45-54
15.6%
55-64
7.8%
65+
Employment by highest level of education

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.

Data legend

0.0%
No Certificate, Diploma or Degree
12.7%
High School, Diploma or Equivalent
1.6%
Apprenticeship or Trades Certificate or Diploma
18.3%
College or University Below Bachelor Level
67.5%
University - Bachelor Level or Above
Employment by Industry

The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.

Data legend

50.8%
Professional, scientific and technical services
27.8%
Finance and insurance
10.3%
Real estate and rental and leasing
11.1%
All Other Industries
Employment by Economic Regions

The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.

Data legend

8.50%
Northeast
39.50%
Southeast
17.10%
Southwest
27.90%
Central
7.00%
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Annual Median Salary by Economic Regions

The following graph shows the median salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Data legend

$90,235
Northeast
$105,342
Southeast
$106,536
Southwest
$86,457
Central
N/A
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Hourly Median Wages by Economic Regions

The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.

No Data Available
Salary

This following represents the median salary of all persons employed in this occupation compared to the median salary of workers employed in this occupation that work full-time year-round.

All Workers Employed in this Occupation

$90,442

Workers Employed Full-time, Full-year

$95,341

This following represents the median salary of persons employed in this occupation across each of the Atlantic Provinces and nationally.

New Brunswick

$90,442

Newfoundland

$118,479

Prince Edward Island

$84,156

Nova Scotia

$117,377

Canada

$115,341
Employment Outlook

The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).

Three Year Outlook

Total Openings: 3 Year

92
 

New Jobs: 3 Year

3
 

Retirements/Deaths: 3 Year

89
 

Ten Year Outlook

Total Openings: 10 Year

314
 

New Jobs: 10 Year

7
 

Retirements/Deaths: 10 Year

307