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VP of Finance

VP of Finance Job Description

The VP of Finance is a senior executive responsible for the strategic oversight and operational excellence of an organization's financial health. This pivotal leadership role drives the execution of financial strategy, leads financial planning and analysis, manages treasury functions, and ensures robust risk management and internal controls. The VP Finance provides expert guidance to the finance team, guarantees accurate and timely financial reporting, and maintains rigorous compliance with all applicable regulations. Candidates must possess exceptional analytical skills, strong leadership capabilities, and a proven track record in comprehensive financial management. Typically, 10-15 years of progressive experience in finance, with a significant portion in a senior management or director-level capacity, is required. A Chartered Professional Accountant (CPA) designation is essential, and an MBA is often preferred. Deep expertise in Canadian accounting standards (ASPE/IFRS), tax legislation, and the Canadian regulatory environment is paramount.

Typical VP of finance duties:

Lead the annual budgeting, forecasting, and long-range financial planning processes.Oversee all financial reporting, ensuring accuracy, integrity, and strict adherence to Canadian accounting standards (ASPE/IFRS).Manage treasury functions, including cash flow, working capital, and foreign exchange exposure.Implement and monitor comprehensive internal controls and risk management frameworks to safeguard company assets.Provide strategic financial analysis and insights to support executive decision-making and business growth initiatives.Lead, mentor, and develop the finance and accounting teams, fostering a culture of high performance and continuous improvement.Ensure full compliance with all Canadian tax laws and relevant financial regulations.Manage relationships with external auditors, banks, and other financial partners.

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Salary for VP of Finance
151000 - 205250
Low
151000
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
170250
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
205250
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 Finance Director 129500 149500 175500 Financial Planning and Analysis Manager 112500 135250 158000 Financial Project Manager 119500 134750 150500 Financial Analysis Manager 106750 136000 154750 Senior Financial Analyst 88500 102750 116000 Financial Analyst – Financial Services 84250 98750 111750 Financial Analyst 67500 79250 88750 Junior Financial Analyst 62000 66000 70000 Business Analysis Manager 115750 135500 155750 Senior Business Analyst 95500 110250 126500 Business Analyst 74250 89000 105250 Senior Budget Analyst 96750 108750 130000 Budget Analyst 70250 78000 92250

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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.