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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National salary range for VP of Finance

155000 - 210500

Low

155000

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

174750

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

210500

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

Job title

Low

Mid

High

Finance Director

132750

151500

175500

Financial Planning and Analysis Manager

112500

135250

158000

Financial Project Manager

119750

135250

152000

Financial Analysis Manager

107750

136250

156000

Senior Financial Analyst

90000

104000

116500

Financial Analyst – Financial Services

85000

99750

112500

Financial Analyst

69500

81750

90500

Junior Financial Analyst

62750

67250

71750

Manager of Business Analysis

115750

136000

156000

Senior Business Analyst

97000

112250

131500

Business Analyst

75500

90000

107500

Senior Budget Analyst

98500

110500

130750

Budget Analyst

71250

79750

93750

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