Vice-President of Finance

Vice-President of Finance Job Description

The vice president of finance (VP Finance) is a senior leadership role responsible for the strategic oversight and direction of an organization's financial health. This executive role provides leadership and guidance to the finance team, ensuring accurate financial reporting, risk management, and compliance with regulations.

Typical vice-president of finance duties:

Lead and manage the finance department, including accounting, financial reporting, budgeting, forecasting, and treasury functions.

Develop and implement the organization's financial strategy, aligning it with overall business goals and long-term sustainability.

Oversee the preparation of accurate and timely financial statements according to Canadian Generally Accepted Accounting Principles (CGAAP).

Manage the financial planning and budgeting process, including developing annual budgets, forecasts, and long-range financial plans.

Conduct risk assessments and implement strategies to mitigate financial risks, ensuring the organization's financial stability.

Ensure compliance with all relevant financial regulations and accounting standards, including Canadian tax laws.

Provide insightful financial analysis and recommendations to support informed business decision-making across all departments.

Oversee internal controls and ensure adherence to best practices for safeguarding financial assets and data.

Manage the external audit process and liaise with auditors.

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Salary for Vice-President of Finance

146000 - 198500

25th percentile

146000

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

166000

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

198500

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

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