Financial Managers

(NOC 111)
+15.72%
 

What do Financial Managers do?

Financial managers develop and implement financial policies, systems, and procedures, prepare or co-ordinate and evaluate the preparation of financial statements, budgets, summaries, analyses, simulations, and management reports, establish profitability standards for investment activities, handle mergers / acquisitions, notify / report to senior managers about trends affecting financial performance, and evaluate financial reporting, accounting, and investing systems as well as recommend changes to senior managers.

How to become: Financial Managers

You usually need a university degree in business administration, commerce, economics or a related field. You may also need a master's degree in business administration (concentration in finance) or management. You may need a recognized accounting designation such as CGA (Certified General Accountant), CA (Chartered Accountant) or CMA (Certified Management Accountant). With several years' experience in accounting, auditing, budgeting, financial planning / analysis or another financial activity, you may move up the ranks to become a senior financial manager. Most recent entrants have an undergraduate university degree, and about 1 in 5 has a graduate degree.

Where to study for a career as: Financial Managers

IE University
Madrid, ES

Related Program(s):
Economics Bachelor; Honours
Dual Degree in Business Administration and Data & Business Analytics Bachelor; Honours
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University of Northern British Columbia
Prince George, British Columbia, CA

Related Program(s):
Economics Bachelor
Economics/Mathematics and Statistics Joint Major Bachelor
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Cape Breton University
Sydney, Nova Scotia, CA

Related Program(s):
Economics BBA (Concentration) Bachelor
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Ontario Tech University
Oshawa, Ontario, CA

Related Program(s):
Commerce - Bridge Bachelor; Honours
Commerce - Advanced Entry Bachelor; Honours
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York University - Glendon Campus
Toronto, Ontario, CA

Related Program(s):
Business Economics (BA) Bachelor; Honours; Online
Economics Bachelor
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RMIT University
Melbourne CBD, AU

Related Program(s):
Business: Entrepreneurship Bachelor
Business: Financial Planning Bachelor
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Modified on January 26, 2022

How much do Financial Managers make?

Low:
$62,400
Average:
$104,000
High:
$159,994

Job openings for Financial Managers

Job Seekers:
33,300
Job Openings:
30,800