Job description Director, Financial Planning And Reporting in Ontario

Find out what work is like for a director, financial planning and reporting in Canada. This work description is applicable to all Financial managers (NOC 10010).

Financial managers

Description

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.

Work week duration

Financial managers usually work more than 40 hours per week.
More than 40 hours

Job duties

Here are some of the main activities and tasks that Financial managers have to perform, and some of the physical demands they involve:

  • 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 coordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports
  • Coordinate 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.

Physical demands Help - Physical Demands

  • Sitting

Workplaces and employers

Here are the typical workplaces where Financial managers are employed and some of their main characteristics:

  • Financial and accounting departments in companies throughout the private sector
  • Financial and accounting units throughout the public sector

Work environment Help - Physical Work Environment

  • Indoors, environmentally controlled

Physical proximity from others Help - Physical proximity from others

  • Somewhat close (e.g. share office)

Related job titles

Here are some other related job titles that are found in the same occupational category (NOC 10010), and a list of similar occupations:

  • controller - financial services
  • director - financial services
  • director of accounting
  • finance director
  • financial administrator
  • financial control manager
  • financial planning and analysis manager
  • internal audit services manager
  • treasurer

Similar occupations Help - Similar occupations

Sources Occupational and Skills Information System & National Occupational Classification

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