Financial managers
manage, evaluate and report on the operation of financial and accounting departments. They develop and implement the financial policies and systems of establishments.
On This Page
Full NOC Description
Financial managers plan, organize, direct, control and evaluate the operation of financial and accounting departments. They develop and implement the financial policies and systems of establishments. Financial managers establish performance standards and prepare various financial reports for senior management. They are employed in financial and accounting departments in companies throughout the public and private sectors and in government.
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 the financial policies, systems and procedures of an establishment
- Prepare or coordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports
- Co-ordinate 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.
Also Known As
- controller - financial services
- director - financial services
- director of accounting
- finance director
- financial administrator
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 CPA, CGA).
- Investment, treasury, or corporate finance managers may require a recognized financial designation (CFA, CFP, CIM or others).
Provincial Regulation
Not Provincially Regulated
The following graph shows the percentage of men and women working in this occupation in New Brunswick.
Data legend
The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.
Data legend
The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.
Data legend
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
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
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.
The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.
Data legend
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.
The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.
The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.
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).
Share this page
No endorsement of any products or services is expressed or implied.