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Chief Financial Officer

Chief Financial Officer Job Description

The Chief Financial Officer is a pivotal C-Suite executive who serves as a strategic partner to the CEO and Board of Directors, orchestrating all aspects of an organization's financial health and strategic growth. This executive leadership role is responsible for driving financial strategy, overseeing robust financial planning and analysis, ensuring rigorous risk management, and maintaining impeccable compliance with all applicable regulations. The Chief Financial Officer plays a critical role in optimizing capital structure, guiding investment decisions, and ultimately maximizing shareholder value. Candidates must possess exceptional financial acumen, profound strategic insight, and proven leadership capabilities, with a track record of driving fiscal performance and operational efficiency. Typically, 15+ years of progressive finance experience, including substantial time in a senior leadership is required. A Chartered Professional Accountant (CPA) designation is essential, often complemented by a Master of Business Administration (MBA). Deep expertise in Canadian accounting standards (ASPE/IFRS), tax laws, and financial regulations is paramount.

Typical Chief Financial Officer Duties:

Develop and execute the overall financial strategy, including budgeting, forecasting, long-range planning, and capital allocation.Oversee all financial operations, including accounting, treasury, tax, payroll, and internal controls.Ensure the accuracy, integrity, and timely reporting of financial statements in full compliance with Canadian accounting standards (ASPE/IFRS) and other regulatory bodies.Manage financial risks, implement robust internal controls, and uphold strong corporate governance practices.Lead strategic financial analysis, providing data-driven insights and recommendations to executive leadership for business decisions.Optimize the company's financial structure, cash flow management, and capital expenditure planning.Manage relationships with financial institutions, auditors, investors, and other external stakeholders.Lead, mentor, and develop a high-performing finance and accounting team.

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Salary for Chief Financial Officer
180250 - 293750
Low
180250
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
228000
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
293750
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Director of Accounting 128750 147000 175250 Corporate Controller 128500 155750 181750 Controller 114750 141500 172500 Assistant Controller 90000 108750 127250 Accounting Manager 93250 109000 132000 Senior Accountant – Financial Services 95500 120750 129250 Accountant – Financial Services 82250 90250 101250 Senior Accountant 76250 90500 106000 Accountant 58000 68750 79250 Junior Accountant 50250 55750 60500 Cost Accounting Manager 97750 118250 131500 Senior Cost Accountant 86000 94750 106500 Cost Accountant 63000 76500 90250 Property Accountant 63750 74250 90000 Director of Financial Reporting 130250 153250 178500 Financial Reporting Manager 114500 138250 159750 Senior Financial Reporting Accountant 92750 109000 116250 Financial Reporting Accountant 72500 86000 95000

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.