Unit Group
0111 Financial Managers
Financial managers plan, organize, direct, control and evaluate the operation of financial and accounting departments. They developand implement the financial policies and systems of establishments. Financial managers establish performance standards and prepare various financial reportsfor senior management. They are employed in financial and accounting departments in companies throughout the private sector and in government.
Example Titles
controller – financial services
director – financial services
director of accounting
finance director
financial administrator
manager, financial control
manager, financial planning and analysis
manager, internal audit services
treasurer
accounting and financial control chief
accounting and financial control director
accounting department manager
accounting director
accounting manager
accounting manager – financial services department
accounting office manager
administrator, pension plans
assigned public accountants chief
assistant accounting manager
assistant treasurer – finances
audit and compliance director
auditing department manager
chief, accounting and financial control
collections department manager
controller – financial services
corporate budgeting and analysis manager
corporate financing manager
corporate risk department manager
department manager, collections
director – financial services
director of accounting
director, accounting and financial control
director, audit and compliance
director, budget and sectoral profitability
director, finance
director, financial evaluations
director, financial planning and reporting
director, financing and administration
director-treasurer – financial services
finance and control manager
finance chief
finance director
finance manager
financial administrator
financial audit manager
financial control manager
financial controller
financial director
financial evaluations director
financial manager
financial planning and advisory service manager
financial planning and analysis manager
financial planning and reporting director
financial planning and reporting manager
financial resources service co-ordinator
financing and administration director
group accounting manager
independent public accountants chief
internal audit manager
internal audit services manager
investments research director
manager of accounting department
manager of auditing department
manager, accounting
manager, auditing department
manager, collection
manager, corporate budgeting and analysis
manager, corporate financing
manager, corporate risk department
manager, finance
manager, financial control
manager, financial planning and analysis
manager, financial planning and reporting
manager, internal audit services
manager, internal audits
manager, pension services
pension plans administrator
pension services manager
regional controller – financial services
research director, investments
revenue accounting and controls section chief
treasurer
treasurer and controller – finances
Main duties
Financial managers perform some or all of the followingduties:
Plan, organize, direct, control and evaluate the operationof an accounting, audit or other financial department
Develop and implement the financial policies, systems andprocedures of an establishment
Prepare or co-ordinate the preparation of financialstatements, summaries, and other cost-benefit analyses and financial managementreports
Co-ordinate the financial planning and budget process, andanalyze and correct estimates
Supervise the development and implementation of financialsimulation models
Evaluate financial reporting systems, accounting proceduresand investment activities and make recommendations for changes to procedures,operating systems, budgets and other financial control functions to seniormanagers and other department or regional managers
Recruit, organize, train and manage staff
Act as liaison between the organization and itsshareholders, the investing public and external financial analysts
Establish profitability standards for investment activitiesand handle mergers and/or acquisitions
Notify and report to senior management concerning any trendsthat are critical to the organization’s financial performance.
Employmentrequirements
A bachelor’s degree in business administration, economics,commerce or a related field is required.
A master’s degree in business administration (concentrationin finance), or another master’s level management program may be required.
Several years of experience in accounting, auditing,budgeting, financial planning and analysis or other financial activities arerequired.
Accounting and audit managers may require a recognizedaccounting designation (CA, CMA or CGA).
Additionalinformation
Progression to senior management positions, such asvice-president of finance, is possible with experience.
Classified elsewhere
Banking, credit and other investment managers (0122)
Managers of accounting and auditing firms (in 0125 Otherbusiness services managers )
Senior managers – financial, communications and otherbusiness services (0013)
ClassificationStructure – 0
