00012 – Senior managers - financial, communications and other business services

Lead statement

Senior managers in financial, communications and other business services are usually appointed by a board of directors, to which they report. They work either alone or in conjunction with the board of directors to develop and establish objectives for the company, and to develop or approve policies and programs. They plan, organize, direct, control and evaluate, through middle managers, the operations of their organization in relation to established objectives.

Main duties

• Determine the company's mission and strategic direction as conveyed through policies and concrete objectives which are met through the effective management of human, financial and material resources
• Authorize and organize the establishment of major departments and associated senior staff positions
• Allocate material, human and financial resources to implement organizational policies and programs; establish financial and administrative controls; formulate and approve promotional campaigns; and approve overall human resources planning
• Select middle managers, directors or other executive staff; delegate the necessary authority to them and create optimum working conditions
• Represent the organization, or delegate representatives to act on behalf of the organization, in negotiations or other official functions.

Employment requirements

• A university degree in business administration, commerce, computer science or other discipline related to the service provided is usually required.
• Several years of experience as a middle manager in financial, communications or other business services are usually required.
• Specialization in a particular functional area or service is possible through specific university training in that area or through previous experience.
• Senior managers in finance usually require a professional accounting or financial designation.

Example job titles

advertising agency president · assistant executive director - financial, communications and other business services · bank president · general manager - financial, communications and other business services · chief financial officer (CFO) - financial, communications and other business services · chairman/woman - financial, communications and other business services · chairperson - financial, communications and other business services · president - financial, communications and other business services · chief executive officer (CEO) - financial, communications and other business services · chief executive officer (CEO) - telephone company · deputy chief executive officer - financial, communications and other business services · chief financial officer (CFO) - advertising agency · chief operating officer - engineering firm · chief operating officer - financial, communications and other business services · computing services company president · corporate controller - financial, communications and other business services · corporate banking vice-president · corporate controller - mortgage brokerage firm · bank credit vice-president · deputy chief executive officer - life insurance company · executive director - financial, communications and other business services · domestic banking operations vice-president · employment agency general manager · engineering firm president · engineering research general manager · engineering vice-president - financial, communications and other business services · credit union executive director · executive vice-president - financial, communications and other business services · executive vice-president - real estate agency · finance and administration vice-president - financial, communications and other business services · finance vice-president - financial, communications and other business services · general manager - real estate management company · human resources and organizational development vice-president - financial, communications and other business services · human resources vice-president - financial, communications and other business services · information systems vice-president - financial, communications and other business services · insurance company general manager · international banking operations vice-president · marketing vice-president - financial, communications and other business services · operations vice-president - financial, communications and other business services · personal banking vice-president

Wages (per hour)

Source: Job Bank wages, 2025 release (ESDC). Low and high are the 10th and 90th percentiles.