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 in Toronto, ON
154625 -
210165
25th percentile
154625
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
175746
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
210165
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
