A skilled and efficient Financial Manager can make a huge difference in the success of a company, especially for startups. Thus the Demand in Canada for Financial Managers is increasing every year. So if you plan to Apply for Canada PR from India as a Financial Manager, you have a good chance of success.
The Government of Canada has launched several immigration pathways for skilled overseas workers including Financial Managers. The chief among them is the Express Entry System.
Usually, the Financial Managers are involved in planning, establishing, directing, controlling, and assessing the operations of the Accounting Department. Plus, they are involved in developing and implementing fiscal policies and set systems. Financial Managers are required to fix standards for performance and make innumerable economic reports for senior management.
Key Functions of Financial Managers
Financial Managers in Canada are required to perform all or some of the below functions:
- Planning, establishing, directing, controlling, and estimating the operations of accounting, scrutiny, or other financial divisions
- Developing and executing the fiscal systems, policies, and established procedures
- Formulating or coordinating the financial summaries, reports, and preparation of cost-benefit evaluation and fiscal organization statements
- Coordinating the budget procedure, economic planning, and analysis of accurate estimations
- Managing the fiscal simulation implementation, development, and representations
- Estimating investment activities, accounting processes, and reporting systems and making references for alterations to procedures, budgets, functioning systems, and other fiscal control functions to Provincial Managers, other Divisions, or Senior Managers
- Acting as a connection between the organization and its stakeholders, external financial specialists, and investing public
- Establishing standards of productivity for investment activities and managing acquisitions and/or mergers
- Informing and reporting to Senior Management regarding any trends that are crucial for the financial performance of the administration
Employment Requirements in Canada for the Financial Manager Jobs
- A Graduate Degree in Business, Finances, Business Management, or an allied field is necessary
- A Post-graduate Degree in Business Management (Economics Major) or other Administration Program at the Post-graduate level can be compulsory
- Several years of experience in Budgeting, Auditing, Accounting, Economic Development, and evaluation, or other monetary actions are crucial
- Audit and Accounting Managers can require a recognized title in Accounting like CGA, CPA, CMA, or CA
Canada offers competitive salaries to Financial Managers and experienced professionals can get an annual income from $71,600 to $114,900.
The Financial Manager’s NOC code is 10010.
Title Examples
Positions / Job roles within the term of a financial manager include:
- Financial Control and Accounting Chief
- Financial Control and Accounting Director
- Manager – Accounting Department
- Director – Accounting
- Manager – Accounting
- Financial Services Department – Accounting Manager
- Office Manager – Accounting
- Chief – Assigned Public Accountants
- Assistant Manager – Accounting
- Assistant Treasurer – Finances
- Audit and Compliance – Director
- Auditing Department Manager
- Profitability Director – Budget and sector-wise
- Manager Collections Department
- Comptroller
- Controller – Financial Services
- Manager – Corporate Budgeting and Analysis
- Corporate Controller
- Manager – Corporate Financing
- Manager – Corporate Risk Department
- Director – Financial Services
- Director of Accounting
- Treasurer / Director – Financial Services
- Manager – Finance and Control
- Chief – Finance
- Director – Finance
- Manager – Finance
- Financial Administrator
- Financial Audit Manager
- Financial Control Manager
- Financial Controller
- Financial Director
- Financial Evaluations Director
- Financial Manager
- Manager – Advisory Service and Financial Planning
- Manager – Financial Analysis and Planning
- Director – Financial Reporting and Planning
- Manager – Financial Reporting and Planning
How to Move to Canada as a Financial Manager?
Step 1: Verify your eligibility for immigration
Canada offers 100 plus immigration pathways and thus it is crucial to assess your eligibility for a specific program for Visa application.
Step 2: Obtain Accreditation in Canada for your Qualifications
You will have to obtain accreditation for your overseas qualifications for living and working in Canada as a Financial Manager. It is for making sure that these are accepted in Canada and on par with its education standards.
You will have to obtain an ECA – Educational Credential Assessment for this purpose.
Step 3: Begin the Process for Migration, apply for Canada Visa
As already specified, there are innumerable pathways to choose from to file an application for immigration to Canada as a Financial Manager. However, we have here chosen the 4 programs that offer optimum success prospects in the application process:
- Federal Skilled Worker Program
- PNP – Provincial Nominee Program
- The Atlantic Immigration Pilot
- The Rural and Northern Immigration Program
Connect with ICCRC-accredited Immigration Experts at the Best Immigration Consultants in Delhi Nationwide Visas to apply for Canada PR from India.
