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Finance officer Job Trends in Canada; 2024-25
- New Brunswick offers the highest pay of CAD 102,929 per year for Finance officers
- The average salary for a Finance officers is CAD 66,734 per year
- Finance officers can migrate to Canada through 15 pathways
- Work 35 – 40 hours a week
*Check your eligibility to Canada with Y-Axis Canada CRS Points Calculator for free.
Why apply for Finance officer jobs in Canada?
The demand for skilled financial officers in Canada is high and is rapidly expanding, with many opportunities for career advancement and to enhance their skills. The job outlook for finance officers has always been positive and will continue to be positive in the future as well. The future of finance sector and finance officers is going to be influenced by increase in digital transformation, leveraging technologies like AI, and machine learning. This shift will enhance efficiency, reduce costs, and improve customer experiences. Increased reliance on data analytics and artificial intelligence will enable more sophisticated risk management, fraud detection, and personalized financial services.
There will be more and more demand in the coming days and a total of 116,700 new job vacancies are expected in this sector which is a total of 6% in increase by 2031, where, 108,000 new job seekers will be available to fill them.
Finance officers are employed in:
- Banking and Financial Services
- Corporate Sector (across various industries)
- Government and Public Sector
- Non-profit Organizations
- Consulting Firms
- Insurance Industry
- Real Estate
- Healthcare
- Technology and Fintech
- Manufacturing and Industry
- Retail
- Energy and Utilities
- Telecommunications
- Hospitality and Tourism
- Education
- Agriculture and Agribusiness
- Transportation and Logistics
- Legal Services
- Media and Entertainment
- Pharmaceutical and Life Sciences
*Looking for finance officer jobs in Canada? Y-Axis will guide you in step by step process.
Finance officer job vacancies in Canada
List of locations in Canada having job vacancies for finance officers:
|
Location |
Available jobs |
|
Alberta |
1264 |
|
British Columbia |
1047 |
|
Canada |
4193 |
|
Manitoba |
144 |
|
New Brunswick |
31 |
|
Nova Scotia |
45 |
|
Ontario |
1333 |
|
Québec |
146 |
|
Saskatchewan |
104 |
|
Yukon |
5 |
*Willing to migrate to Canada through Provincial Nominee Program? Y-Axis is here to help you.
Current State of Finance officer Jobs in Canada
Finance officers continue to be in demand across various industries as there is a need for financial expertise that is essential for businesses to make strategic financial decisions, manage their budgets, and ensure compliance. The versatility of finance roles allows professionals to have opportunities in different areas. The sector's digital transformation contributes to increased efficiency and innovation, and the economic growth, international trade, and industry-specific factors play a role in shaping the job market. The sector is expected to grow by 6% by 2031.
Finance officers TEER code
|
TEER Code |
Job positions |
|
11102 |
Finance officers |
|
11109 |
Other finance officers |
Also read
New NOC TEER codes released for FSTP and FSWP, 2022-23
Finance officers Salary in Canada
Finance officers in Canada earn an average salary ranging between CAD 52,706 and CAD 102,929. The salaries for finance officers in different provinces are given below:
|
Community/Area |
Median average salary per annum in CAD |
|
Canada |
CAD 66,734 |
|
Alberta |
CAD 62,400 |
|
British Columbia |
CAD 71,221 |
|
Manitoba |
CAD 52,706 |
|
New Brunswick |
CAD 102,929 |
|
Nova Scotia |
CAD 59,890 |
|
Ontario |
CAD 69,973 |
|
Quebec |
CAD 85,512 |
|
Saskatchewan |
CAD 64,000 |
*Want to know more details about Salaries abroad? Check the Y-Axis salaries page.
Canada Visas for Finance officers
Canada offers various pathways and visas for people looking to live and work in Canada, below are the visas and ways for finance officers to move to Canada:
Express Entry Program
Express Entry is a popular pathway for immigrants looking to work and settle in Canada permanently. It point based system with factors such as age, work experience, education, and language proficiency.
To immigrate to Canada through Express Entry system, you will first need to submit an online profile. The profile will be created with all the information including your credentials and qualifications. The CRS will assign scores for your credentials. If you have a good or high CRS score then you will likely receive an invitation to apply for a permanent residence in Canada.
The current Express Entry system has shifted from CRS score to inviting candidates according to the occupations in demand. This change in the way of selecting immigration candidates has been adopted with meeting the essential job market needs.
Provincial Nominee Program (PNP)
Provincial Nominee Program (PNP) is provided by many provinces in Canada by giving finance officers the pathway to migrate and settle in that particular province in Canada. In these PNP programs, few invite candidates from the Express Entry pool by offering them a nomination for permanent residency.
*Willing to Migrate to Canada? Y-Axis is here to help you.
Employment requirements to work in Canada for Finance officer role
Here are the requirements to be met to work as a finance officer in Canada:
Requirements to work in Canada
- Valid bachelors or master’s degree in finance, accounting, business administration or related field
- Having professional certifications such as CPA, CFA, CMA will be highly beneficial
- Employers often prefer candidates with relevant work experience in finance or accounting roles. Entry-level positions may require internship or co-op experience
Roles & Responsibilities of Finance officer in Canada
- Strong analytical skills to assess financial data, trends, and performance
- Ensure accuracy in financial reporting and analysis
- Prepare and analyze financial reports, including income statements, balance sheets, and cash flow statements using manual and computerized bookkeeping systems
- Ensure accuracy and compliance with accounting standards and regulatory requirements
- Develop and manage budgets, working closely with other departments to gather relevant information
- Forecast financial trends and provide recommendations for budget adjustments
- Monitor and manage cash flow to ensure liquidity needs are met
- Implement strategies to optimize cash resources and minimize financial risks
- Contribute to strategic financial planning, helping set financial goals and objectives
- Identify and assess financial risks, implementing measures to mitigate them
- Collaborate with internal and external auditors during financial audits
- Coordinate and manage tax-related activities, ensuring compliance with tax laws
- Collaborate with other departments to gather information and align financial strategies with overall business objectives
- Provide financial advice and guidance to senior management
- Participate in strategic decision-making processes
*Know more about Roles and Responsibilities of occupations.
How to apply for Finance officer Job in Canada?
- Determine your eligibility on migrating to Canada as a finance officer
- Ensure your qualifications are accredited in Canada by obtaining an ECA
- Meet any professional qualifications or certifications required
- Prepare a professional resume highlighting your finance skills, work experience, and education with the help of Y-Axis resume services
- Research on the Canadian job market through Y-Axis job search services
- Look for jobs through online job portals, or in your professional network. You can also refer to Y-Axis jobs in Canada page
- Create a cover letter for a job you are applying to
- Apply for the role and give accurate details on the job application
- Submit your application and ace your interview confidently
How can Y-Axis help Finance officers to immigrate to Canada?
Y-Axis, the world's top overseas immigration consultancy, provides unbiased immigration services for every client based on their interests and requirements. Our impeccable services at Y-Axis include the following:
Check your eligibility to Canada with Y-Axis Canada Immigration Points Calculator for free
Expert counselling/guidance for Canada Immigration
Coaching services: IELTS proficiency Coaching, CELPIP coaching
Free career counselling; book your slot today!
Complete guidance for Canada PR visa
Job search services to find related jobs in Canada
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