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The financial wellbeing of an organization is vital. Financial managers play a large role in ensuring the organization is in good financial shape. You must have a strong analytical mind, be able to identify trends and accurately forecast results, and provide strong strategic guidance to the executive branch of the organization.
If you have a strong track record of success in finance management and believe you can help company leaders make strong strategic decisions based on finance data and information, we want to hear from you. Contact Randstad Canada today to explore finance manager jobs and career options.
Finance managers work in an office setting. You will typically oversee finance operations, manage a team of finance department employees, and consult with the executive management team. You will spend your time working on a computer, conducting meetings and providing support to employees, and reporting to a senior financial manager. You can expect to work a normal work week, with some evening and weekends being required occasionally. Some travel may be required as part of the role.
The average annual salary for a finance manager in Canada is just shy of $80,000 per year. On the low end of the salary scale, you can expect a starting salary of $50,000 for this role. At the top end of the scale, you can make up to $110,000 per year. Commission, bonuses, profit sharing and other incentives can help increase your earning potential even higher. Strong financial modeling and forecasting skills are also associated with a higher average salary.
Some tasks finance managers will handle on a day-to-day basi include:
Finance managers typically work within a corporate environment for companies in many industries such as finance, retail, manufacturing, and government agencies. However, finance managers are also needed by companies of all sizes as well as in finance consulting agencies. Finance manager positions are available in cities across Canada with more opportunities being available in cities such as Toronto, Vancouver and Montreal.
A combination of finance acumen, business intelligence, and leadership skills are important. Above all else, companies are looking for candidates with a proven track record of success. Here are some of the skills companies require for finance manager candidates:
Finance managers are required to have a bachelor’s degree in finance, accounting, economics or business administration. Obtaining finance and accounting certifications is an asset. Candidates with a master’s degree in finance will get preference over other candidates.
Working in a middle management role, finance managers have a number of career options available to them. If they are in a corporate role, they make the switch to working with a finance agency. Many also move into more senior roles such as financial controller, finance director, corporate controller, or director of finance and administration.
Are you looking to take the next step in your finance career? Seeking a finance manager position? Randstad Canada can help you with all your career aspirations. Contact us today to launch your job search.