10010

Financial managers

TEER 0 — Management occupations

Express Entry skill level: Yes
Regulated in Québec: Yes
In demand in Manitoba: Yes

Classification

Business, finance & administration

1 › 10 › 100 › 1001

Definition

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.

Example job 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

Overview

Under the Canadian National Occupational Classification (NOC) 2021 system, Financial Managers are classified under NOC code 10010. This occupation belongs to TEER 0, which represents management-level roles. Financial managers plan, organize, direct, control, and evaluate the operations of financial and accounting departments in private and public sector establishments. They are responsible for developing financial policies, managing budgets, and coordinating financial reporting and auditing procedures to ensure fiscal health.

To qualify for Canadian immigration under NOC 10010, candidates must satisfy the criteria established by Employment and Social Development Canada (ESDC). This typically requires a bachelor's degree in business administration, economics, commerce, or a related discipline, alongside several years of experience in financial analysis, auditing, or accounting. Because NOC 10010 is a TEER 0 management occupation, skilled foreign workers may eligible for key economic pathways, including the Express Entry Federal Skilled Worker Program (FSWP) and various Provincial Nominee Programs (PNPs).

Disclaimer: This information is provided for educational and informational purposes only and does not constitute legal or professional immigration advice. For official and updated program requirements, please refer to Immigration, Refugees and Citizenship Canada (IRCC).

Educational overview summarizing this occupation. Always confirm against the official NOC profile and IRCC before relying on it.

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Occupation data: Statistics Canada / ESDC — National Occupational Classification (NOC) 2021.