Examples of
management job titles:
-
Chief
financial officer (CFO)
-
Vice-president finance
-
Financial
manager
-
Accounting
manager
-
Corporate
controller
Typical
tasks:
-
Chief
financial officer (CFO):
- Guide the strategy, policies, processes and accounting and financial
controls
- Guarantee the integrity of financial results
- Optimize financial resources and see to the control of risk
- Guide business relations with external associations and stakeholders:
external analysts, audit firms, shareholders, investors, investment
institutions, etc.
- Supervise financial systems
- Lead financing, treasury and merger and acquisitions activities
- Act as an expert for general management
- Responsible for recruiting, training and team management for accounting
and financial staff
- May sit on the board of directors
- In charge of strategic financial planning (e.g. taxation, financing) and
internal control
- Optimize financial resources and see to the control of risk
- Prepare budgets
- Take part in
decisions related to corporate financing
- Develop financial models and analyses
- Act as an expert for general management
- Responsible for recruiting, training and team management for financial
staff
- In charge of developing and implementing accounting policies and
procedures
- Identify and resolve accounting issues
- Supervise controls for accounting procedures and systems
- Manage tax returns, financial statements and period closings
- Budget for and approve major expenses
- Act as an expert for general management
- Responsible for recruiting, training and team management for accounting
staff
- Supervise operations accounting activities
- Produce, collect and analyze management information
- Prepare verification audits and coordinate auditor activities
- Prepare financial reports
- Supervise regulatory operations reports
- Carry out budget planning
- Responsible for recruiting, training and team management for accounting
staff
Education and
skills
-
Several
years of experience in accounting or finance and personnel
management
-
Accounting
firm
experience is an asset
-
University degree in finance, accounting
or
in a related field; a Master’s degree may be required
-
Certification from a recognized professional accounting association
e.g. CA, CMA or CGA
may be required
Qualities
-
Excellent
analytical skills and insight
-
Good human
resource management skills
-
Planning
and organizational skills
-
Initiative
-
Good
communicator
Typical
career path
-
Controller
/ Accounting manager / Financial manager
- Vice-president finance
- Chief
financial officer (CFO)
A
professional designation (e.g.
CFA,
CA,
CMA, CGA)
facilitates moving up the ladder.
Salary
According to
company sales, in millions of $, not including bonuses and stock options:
- Over $250: $152,500 - $257,000
- $100 to $250: $116,250 - $163,500
- $50 to $100: $94,000 - $133,250
- Over $250: $124,000 - $204,000
- $100 to $250: $104,000 - $149,750
- $50 to $100: $92,500 - $135,250
- Up to $50: $84,250 - $117,500
- Over $250: $99,000 - $148,750
- $100 to $250: $85,000 - $125,750
- $50 to $100: $71,500 - $100,000
- Up to $50: $70,000 - $90,750
- Over $250:
$82,500 - $111,750
- $100 to $250: $70,250 - $93,750
- $50 to $100: $64 000 $ - $8,750
- Up to $50: $57,000 $ - $74,000
(Source:
2006 Salary Guide / Robert Half International)
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