Explore Careers - Job Market Report

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Financial Managers  (NOC 0111)
Northeast Region
Description |  Titles |  Duties |   Related Occupations

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 private sector and in government.

controller, director – financial services, director of accounting, finance director, financial administrator, manager, financial control, manager, financial planning and analysis, manager, internal audit services, treasurer.

Financial managers perform 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 co-ordinate 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.
Included Cities in Region | Service Canada Offices

Sudbury, Elliot Lake, North Bay, Sault Ste. Marie, Timmins, Algo, Blind River, Capreol, Cobalt, Englehart, Espanola, Garson Junction, Haileybury, Hearst, Iroquois Falls, Kapuskasing, Kirkland Lake, Mattawa, New Liskeard, Nickel Centre, Parry Sound, Powassan, Temiskaming Shores, Thessalon, Valley East, Blezard Valley, Carol Richard Park, Connaught Hill, Dowling, Elmview, Finntown, Flake, Guilletville, Hanmer, Laurentien, Levack, Lively, McCrea Heights, Naughton, Parkwood, Pinecrest, Porcupine, Pottsville, South Porcupine, Val Caron, Val Therese

View a list of Service Canada offices in this area.

Wages for Financial Managers in Northeast Region

Wages depend on job requirements and work conditions. They also vary between regions, for reasons such as location, labour agreements, and the availability of workers. The wages below are estimated before taxes.

Wage Estimates

Table of wage levels for your chosen occupation in your region as well as in the rest of the province or territory.
Location Wage ($/hr) Note
Low Median High
Canada 19.62 36.06 58.17 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Alberta 21.63 43.59 72.12 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
British Columbia 19.62 38.46 56.41 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Manitoba 20.43 35.00 61.54 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
New Brunswick 16.00 31.25 48.72 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Newfoundland and Labrador 20.51 33.33 56.59 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Northwest Territories 21.83 34.57 55.50 Note
Reference Period: 2006
Source: 2006 Census - Statistics Canada
Nova Scotia 17.43 28.57 57.69 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Nunavut 26.19 40.12 55.25 Note
Reference Period: 2006
Source: 2006 Census - Statistics Canada
Ontario 19.71 36.06 58.82 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Prince Edward Island 17.67 30.77 51.28 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Québec 19.23 33.33 57.69 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Saskatchewan 20.00 38.46 54.81 Note
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
Yukon 21.02 29.12 41.60 Note
Reference Period: 2006
Source: 2006 Census - Statistics Canada
Please consult the Northeast Region and Ontario tabs for more useful information related to wages.