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National Occupational Classification (NOC) 0111 – Chief Requirements for the Occupation of Financial Managers
To ensure that skilled migrants who enter Canada on permanent resident visa make essential contribution to the development of the Canadian economy, the Canadian government has identified 38 qualifying occupations that make you an eligible applicant under the federal skilled worker Migrant program for Canada.
These occupations are decided based on labor market trends in the Canadian economy. However, this is not as easy as it sounds. The complication arises when qualifying occupation may match your job title in your home country but still your application stands rejected. That is because duties and responsibilities performed by you in the home country do not match with job descriptions under the said job title in the NOC. It especially hurts when your job duties might have permitted you to file under another qualified NOC/Occupation title. This is quite a common predicament that annoys many immigrants and may even make them feel that the Canadian High Commission has treated them unjustly.
The reality is that job titles may vary from one country to another and also among different industries. This is why it is important to know the inside story of the occupations that are listed in NOCL as you read through job descriptions and everyday duties that a professional of that occupation is expected to fulfill.
Primary duties
This article elaborates job descriptions, job titles and everyday duties that form a part of the occupation of Financial Managers, listed in NOCL. Financial Managers perform a majority or all of the duties given below:
Planning, direction, control and evaluation of the ways of working of financial and accounting departments
It further engulfs development and implementation of the financial systems and policies of business establishments
Preparation and presentation of financial reports, cost-benefit analysis and financial summaries to the senior management
Establishing profitability standards to handle mergers, acquisitions and investment activities
Coordinating budget process, financial planning as well as correction and analysis of estimates
Supervising implementation and development of financial models
Evaluation of investment activities, accounting procedures and financial reporting systems along with providing suggestions to enhance operating systems, budget management and procedures
Recruitment, training and management of staff
Act as a liaison between the investing public, financial analysts from outside the company, shareholders and the company
Notify about immediate concerns related to financial performance of the company to the senior management
Job titles to qualify
Employed in accounting and financial departments of companies, you can see them working in both government and private sector. Some of the primary job titles that stand good chances of qualifying under this occupation are – financial director, controller, treasurer, financial administrator, accounting director, director of financial services, manager of financial control, internal audit services, financial analysis et al.
Educational requirements
Besides the checklist for job duties and job titles, a check of the employment requirements is also mandatory. You can review the employment requirements for the occupation of Financial Managers below:
A bachelor’s degree in economics, commerce, business administration or any other related field
A recognized designation, like CGA, CA or CMA, may be necessary for audit and accounting managers
A Master’s degree or its equivalent in administration (with finance as the specialized subject)
Extensive experience in auditing, financial analysis, financial planning, auditing, budgeting and accounting
Hence, it is important that you comply by these requirements generated by NOCL, in order to qualify under the occupation of Financial Managers. In addition, keeping in mind that identification of correct qualifying occupation forms the very basis of acceptance of your immigration application under the federal skilled worker category; you will do well to take assistance of a seasoned and experienced immigration consultant and advisor while filing your permanent resident visa application.
noneTo ensure that skilled migrants who enter Canada on permanent resident visa make essential contribution to the development of the Canadian economy, the Canadian government has identified 38 qualifying occupations that make you an eligible applicant under the federal skilled worker Migrant program for Canada.
These occupations are decided based on labor market trends in the Canadian economy. However, this is not as easy as it sounds. The complication arises when qualifying occupation may match your job title in your home country but still your application stands rejected. That is because duties and responsibilities performed by you in the home country do not match with job descriptions under the said job title in the NOC. It especially hurts when your job duties might have permitted you to file under another qualified NOC/Occupation title. This is quite a common predicament that annoys many immigrants and may even make them feel that the Canadian High Commission has treated them unjustly.
The reality is that job titles may vary from one country to another and also among different industries. This is why it is important to know the inside story of the occupations that are listed in NOCL as you read through job descriptions and everyday duties that a professional of that occupation is expected to fulfill.
Primary duties
This article elaborates job descriptions, job titles and everyday duties that form a part of the occupation of Financial Managers, listed in NOCL. Financial Managers perform a majority or all of the duties given below:
Planning, direction, control and evaluation of the ways of working of financial and accounting departments
It further engulfs development and implementation of the financial systems and policies of business establishments
Preparation and presentation of financial reports, cost-benefit analysis and financial summaries to the senior management
Establishing profitability standards to handle mergers, acquisitions and investment activities
Coordinating budget process, financial planning as well as correction and analysis of estimates
Supervising implementation and development of financial models
Evaluation of investment activities, accounting procedures and financial reporting systems along with providing suggestions to enhance operating systems, budget management and procedures
Recruitment, training and management of staff
Act as a liaison between the investing public, financial analysts from outside the company, shareholders and the company
Notify about immediate concerns related to financial performance of the company to the senior management
Job titles to qualify
Employed in accounting and financial departments of companies, you can see them working in both government and private sector. Some of the primary job titles that stand good chances of qualifying under this occupation are – financial director, controller, treasurer, financial administrator, accounting director, director of financial services, manager of financial control, internal audit services, financial analysis et al.
Educational requirements
Besides the checklist for job duties and job titles, a check of the employment requirements is also mandatory. You can review the employment requirements for the occupation of Financial Managers below:
A bachelor’s degree in economics, commerce, business administration or any other related field
A recognized designation, like CGA, CA or CMA, may be necessary for audit and accounting managers
A Master’s degree or its equivalent in administration (with finance as the specialized subject)
Extensive experience in auditing, financial analysis, financial planning, auditing, budgeting and accounting
Hence, it is important that you comply by these requirements generated by NOCL, in order to qualify under the occupation of Financial Managers. In addition, keeping in mind that identification of correct qualifying occupation forms the very basis of acceptance of your immigration application under the federal skilled worker category.
To ensure that skilled migrants who enter Canada on permanent resident visa make essential contribution to the development of the Canadian economy, the Canadian government has identified 38 qualifying occupations that make you an eligible applicant under the federal skilled worker Migrant program for Canada.
These occupations are decided based on labor market trends in the Canadian economy. However, this is not as easy as it sounds. The complication arises when qualifying occupation may match your job title in your home country but still your application stands rejected. That is because duties and responsibilities performed by you in the home country do not match with job descriptions under the said job title in the NOC. It especially hurts when your job duties might have permitted you to file under another qualified NOC/Occupation title. This is quite a common predicament that annoys many immigrants and may even make them feel that the Canadian High Commission has treated them unjustly.
The reality is that job titles may vary from one country to another and also among different industries. This is why it is important to know the inside story of the occupations that are listed in NOCL as you read through job descriptions and everyday duties that a professional of that occupation is expected to fulfill.
Primary duties
This article elaborates job descriptions, job titles and everyday duties that form a part of the occupation of Financial Managers, listed in NOCL. Financial Managers perform a majority or all of the duties given below:
Planning, direction, control and evaluation of the ways of working of financial and accounting departments
It further engulfs development and implementation of the financial systems and policies of business establishments
Preparation and presentation of financial reports, cost-benefit analysis and financial summaries to the senior management
Establishing profitability standards to handle mergers, acquisitions and investment activities
Coordinating budget process, financial planning as well as correction and analysis of estimates
Supervising implementation and development of financial models
Evaluation of investment activities, accounting procedures and financial reporting systems along with providing suggestions to enhance operating systems, budget management and procedures
Recruitment, training and management of staff
Act as a liaison between the investing public, financial analysts from outside the company, shareholders and the company
Notify about immediate concerns related to financial performance of the company to the senior management
Job titles to qualify
Employed in accounting and financial departments of companies, you can see them working in both government and private sector. Some of the primary job titles that stand good chances of qualifying under this occupation are – financial director, controller, treasurer, financial administrator, accounting director, director of financial services, manager of financial control, internal audit services, financial analysis et al.
Educational requirements
Besides the checklist for job duties and job titles, a check of the employment requirements is also mandatory. You can review the employment requirements for the occupation of Financial Managers below:
A bachelor’s degree in economics, commerce, business administration or any other related field
A recognized designation, like CGA, CA or CMA, may be necessary for audit and accounting managers
A Master’s degree or its equivalent in administration (with finance as the specialized subject)
Extensive experience in auditing, financial analysis, financial planning, auditing, budgeting and accounting
Hence, it is important that you comply by these requirements generated by NOCL, in order to qualify under the occupation of Financial Managers. In addition, keeping in mind that identification of correct qualifying occupation forms the very basis of acceptance of your immigration application under the federal skilled worker category; you will do well to take assistance of a seasoned and experienced immigration consultant and advisor while filing your permanent resident visa application.
noneTo ensure that skilled migrants who enter Canada on permanent resident visa make essential contribution to the development of the Canadian economy, the Canadian government has identified 38 qualifying occupations that make you an eligible applicant under the federal skilled worker Migrant program for Canada.
These occupations are decided based on labor market trends in the Canadian economy. However, this is not as easy as it sounds. The complication arises when qualifying occupation may match your job title in your home country but still your application stands rejected. That is because duties and responsibilities performed by you in the home country do not match with job descriptions under the said job title in the NOC. It especially hurts when your job duties might have permitted you to file under another qualified NOC/Occupation title. This is quite a common predicament that annoys many immigrants and may even make them feel that the Canadian High Commission has treated them unjustly.
The reality is that job titles may vary from one country to another and also among different industries. This is why it is important to know the inside story of the occupations that are listed in NOCL as you read through job descriptions and everyday duties that a professional of that occupation is expected to fulfill.
Primary duties
This article elaborates job descriptions, job titles and everyday duties that form a part of the occupation of Financial Managers, listed in NOCL. Financial Managers perform a majority or all of the duties given below:
Planning, direction, control and evaluation of the ways of working of financial and accounting departments
It further engulfs development and implementation of the financial systems and policies of business establishments
Preparation and presentation of financial reports, cost-benefit analysis and financial summaries to the senior management
Establishing profitability standards to handle mergers, acquisitions and investment activities
Coordinating budget process, financial planning as well as correction and analysis of estimates
Supervising implementation and development of financial models
Evaluation of investment activities, accounting procedures and financial reporting systems along with providing suggestions to enhance operating systems, budget management and procedures
Recruitment, training and management of staff
Act as a liaison between the investing public, financial analysts from outside the company, shareholders and the company
Notify about immediate concerns related to financial performance of the company to the senior management
Job titles to qualify
Employed in accounting and financial departments of companies, you can see them working in both government and private sector. Some of the primary job titles that stand good chances of qualifying under this occupation are – financial director, controller, treasurer, financial administrator, accounting director, director of financial services, manager of financial control, internal audit services, financial analysis et al.
Educational requirements
Besides the checklist for job duties and job titles, a check of the employment requirements is also mandatory. You can review the employment requirements for the occupation of Financial Managers below:
A bachelor’s degree in economics, commerce, business administration or any other related field
A recognized designation, like CGA, CA or CMA, may be necessary for audit and accounting managers
A Master’s degree or its equivalent in administration (with finance as the specialized subject)
Extensive experience in auditing, financial analysis, financial planning, auditing, budgeting and accounting
Hence, it is important that you comply by these requirements generated by NOCL, in order to qualify under the occupation of Financial Managers. In addition, keeping in mind that identification of correct qualifying occupation forms the very basis of acceptance of your immigration application under the federal skilled worker category.