Immigrate to Canada as a Financial manager in 2023
If you have experience as a Financial manager then you are in luck. Your skills are wanted in Canada and you can Immigrate via the Federal Skilled Work Visa, The Federal Skilled Trades Visa, on the Canada Experience Class pathway or on a Provincial Nominee Program.
Financial managers are on the Canadian National Occupations Classification (NOC) List under the code of 0111 and are eligible to move to Canada. Despite many Financial managers migrating to Canada over the past few years, Financial managers are still in high demand across Canada from both a National and Provincial basis.
Canada recognizes that in other countries Financial managers are employed under different job titles and positions. Therefore, Canada will class you as Financial managers if your current job title is that of:
- Accounting and financial control chief
- Accounting and financial control director
- Accounting department manager
- Accounting director
- Accounting manager
- Accounting manager – financial services department
- Accounting office manager
- Assigned public accountants chief
- Assistant accounting manager
- Assistant treasurer – finances
- Audit and compliance director
- Auditing department manager
- Budget and sectoral profitability director
- Collections department manager
- Comptroller
- Controller – financial services
- Corporate budgeting and analysis manager
- Corporate controller
- Corporate financing manager
- Corporate risk department manager
- Director – financial services
- Director of accounting
- Director-treasurer – financial services
- Finance and control manager
- Finance chief
- Finance director
- Finance manager
- Financial administrator
- Financial audit manager
- Financial control manager
- Financial controller
- Financial director
- Financial evaluations director
- Financial manager
- Financial planning and advisory service manager
- Financial planning and analysis manager
- Financial planning and reporting director
- Financial planning and reporting manager
To Immigrate to Canada as a Financial manager your day to day duties and responsibilities in your current job must be:
- Plan organize direct control and evaluate the operation of an accounting audit or other financial department
- Develop and implement the financial policies systems and procedures of an establishment
- Prepare or co-ordinate the preparation of financial statements summaries and other cost-benefit analyses and financial management reports
- Co-ordinate the financial planning and budget process and analyze and correct estimates
- Supervise the development and implementation of financial simulation models
- Evaluate financial reporting systems accounting procedures and investment activities and make recommendations for changes to procedures operating systems budgets and other financial control functions to senior managers and other department or regional managers
- Recruit organize train and manage staff
- Act as liaison between the organization and its shareholders the investing public and external financial analysts
- Establish profitability standards for investment activities and handle mergers and/or acquisitions
- Notify and report to senior management concerning any trends that are critical to the organization’s financial performance.
You must have these minimum qualifications to immigrate to Canada as a Financial manager
- A bachelor’s degree in business administration economics commerce or a related field is required.
- A master’s degree in business administration (concentration in finance) or another master’s level management program may be required.
- Several years of experience in accounting auditing budgeting financial planning and analysis or other financial activities are required.
- Accounting and audit managers may require a recognized accounting designation (CPA CA CPA CMA or CPA CGA).
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Minimum work experience required to migrate to Canada as a Financial manager
You will be expected to have at least 1 year (1,560 hours total / 30 hours + per week), continuous full-time employment as a Financial manager or part time equivalent within the last 10 years.
Getting your Financial manager qualifications credentialed for Immigrating to Canada
An Educational Credential Assessment (ECA) is a report that evaluates your educational credentials as a Financial manager and confirms if your education is equivalent to a completed Canadian degree, diploma, or certificate.. Here is a step-by-step guide to getting an ECA for Canada as a Financial manager.
Step 1: Choose a designated ECA organization for your Financial manager qualifications
Firstly, you need to choose a designated organization that is authorized by the Canadian government to provide ECAs. The designated organizations are:
Comparative Education Service (CES)
International Credential Assessment Service (ICAS)
World Education Services (WES)
Step 2: Check the ECA requirements
The requirements for an ECA as a Financial manager may differ depending on the designated organization you choose. You should check the organization’s website to know their specific requirements for your country of education and academic credentials.
Step 3: Gather required documents
Gather all the required documents that the organization requires for your Financial manager ECA assessment. These documents include academic transcripts and certificates. Make sure the documents are complete and translated into English or French if they are in another language.
Step 4: Receive the ECA report
Once the assessment is complete, the designated organization will send you an ECA report. The report will confirm the Canadian equivalency of your educational credentials and allow you to make an Express Entry application to immigrate to Canada as a Financial manager.
As a Financial manager Immigrating to Canada you are also required to take a Language test
If you are applying for immigration to Canada as a Financial manager, you need to take an English or French language test to demonstrate your proficiency in either language. Here is a step-by-step guide to getting an English or French language test for Canada immigration:
Step 1: Determine which language test you need
With you occupation of Financial manager you will need to determine which language test you need to take, depending on your immigration program and your language proficiency. The most commonly accepted tests for English are the International English Language Testing System (IELTS) and the Canadian English Language Proficiency Index Program (CELPIP). For French, the most commonly accepted test is the Test d’évaluation de français (TEF).
Step 2: Register for the test
Once you have determined which test you need to take, you will need to register for the test with the appropriate testing organization. For IELTS and CELPIP, you can register online on their respective websites. For TEF, you can register online on the website of the Chambre de commerce et d’industrie de Paris (CCIP).
Step 3: Prepare for the test
Before taking the test, it is recommended that you prepare by reviewing the test format and practicing your language skills. Most testing organizations offer study materials and practice tests that you can use to prepare. Obviously by being a professional Financial manager you will have a good knowledge of language. However, do treat the language test with respect and do your preparation.
Step 6: Take the test
On the day of the test, arrive at the testing center on time and bring the necessary identification documents with you.
For Canadian immigration as a Financial manager, language proficiency is evaluated on a points based system, where you can earn points based on your results in an approved language test. The Canadian government currently recognizes three language tests for immigration purposes:
- International English Language Testing System (IELTS)
- Canadian English Language Proficiency Index Program (CELPIP)
- Test d’évaluation de français (TEF)
Here’s a breakdown of how many points you can earn in each of the four language skills for each test:
IELTS for Financial managers
- Listening: CLB 4-4.5 (6 points), CLB 5 (7 points), CLB 5.5-6 (8 points), CLB 6.5 (9 points), CLB 7-9 (10 points)
- Reading: CLB 4 (6 points), CLB 5 (7 points), CLB 6 (8 points), CLB 7-9 (9 points)
- Writing: CLB 4 (6 points), CLB 5 (7 points), CLB 6 (8 points), CLB 7-9 (9 points)
- Speaking: CLB 4-5 (6 points), CLB 5.5 (7 points), CLB 6-7 (8 points), CLB 7-9 (9 points)
CELPIP for Financial managers
- Listening: CLB 4 (4 points), CLB 5 (5 points), CLB 6 (6 points), CLB 7 (7 points), CLB 8-9 (8 points)
- Reading: CLB 4 (4 points), CLB 5 (5 points), CLB 6 (6 points), CLB 7 (7 points), CLB 8-9 (8 points)
- Writing: CLB 4 (4 points), CLB 5 (5 points), CLB 6 (6 points), CLB 7 (7 points), CLB 8-9 (8 points)
- Speaking: CLB 4 (4 points), CLB 5 (5 points), CLB 6 (6 points), CLB 7 (7 points), CLB 8-9 (8 points)
TEF for Financial managers
- Compréhension de l’oral (Listening): NCLC 4 (145-180) (CLB 4) (6 points), NCLC 5 (181-216) (CLB 5) (7 points), NCLC 6 (217-248) (CLB 6) (8 points), NCLC 7-9 (249-300) (CLB 7-9) (9 points)
- Compréhension de l’écrit (Reading): NCLC 4 (121-150) (CLB 4) (6 points), NCLC 5 (151-180) (CLB 5) (7 points), NCLC 6 (181-206) (CLB 6) (8 points), NCLC 7-9 (207-249) (CLB 7-9) (9 points)
- Expression écrite (Writing): NCLC 4 (181-225) (CLB 4) (6 points), NCLC 5 (226-270) (CLB 5) (7 points), NCLC 6 (271-309) (CLB 6) (8 points), NCLC 7-9 (310-360) (CLB 7-9) (9 points)
- Expression orale (Speaking): NCL
Express Entry application to Immigrate to Canada as a Financial manager
- Create an online account: Visit the Government of Canada’s immigration website and create an online account. You will need to provide your personal information and create a username and password.
- Complete your profile: Once you have created an account, you can complete your Express Entry profile. This will include information about your occupation as a Financial manager, education, work experience, language ability and other personal details. Make sure to provide accurate information and upload all required documents, such as language test results and work reference letters.
- Calculate your Compreensive Ranking System (CRS) score: Once you have completed your profile, the CRS will automatically calculate your score based on the information you provided. Your CRS score will determine your eligibility for permanent residence as a Financial manager and your ranking in the Express Entry pool. The most up to date CRS Calculator for {pluralocc} is below:
| Age | With a spouse or common-law partner | Without a spouse or common-law partner |
|---|---|---|
| (Maximum 100 points) | (Maximum 110 points) | |
| 17 years of age or less | 0 | 0 |
| 18 years of age | 90 | 99 |
| 19 years of age | 95 | 105 |
| 20 to 29 years of age | 100 | 110 |
| 30 years of age | 95 | 105 |
| 31 years of age | 90 | 99 |
| 32 years of age | 85 | 94 |
| 33 years of age | 80 | 88 |
| 34 years of age | 75 | 83 |
| 35 years of age | 70 | 77 |
| 36 years of age | 65 | 72 |
| 37 years of age | 60 | 66 |
| 38 years of age | 55 | 61 |
| 39 years of age | 50 | 55 |
| 40 years of age | 45 | 50 |
| 41 years of age | 35 | 39 |
| 42 years of age | 25 | 28 |
| 43 years of age | 15 | 17 |
| 44 years of age | 5 | 6 |
| 45 years of age or more | 0 | 0 |
| Migrate to Canada from Australia English Language Points | ||
| Canadian Language Benchmark (CLB) level per ability | With a spouse or common-law partner | Without a spouse or common-law partner |
| (Maximum 128 points) | (Maximum 136 points) | |
| Less than CLB 4 | 0 | 0 |
| CLB 4 or 5 | 6 | 6 |
| CLB 6 | 8 | 9 |
| CLB 7 | 16 | 17 |
| CLB 8 | 22 | 23 |
| CLB 9 | 29 | 31 |
| CLB 10 or more | 32 | 34 |
| Official languages proficiency - second official language | ||
| Maximum points for each ability (reading, writing, speaking and listening): | ||
| 6 with a spouse or common-law partner (up to a combined maximum of 22 points) | ||
| 6 without a spouse or common-law partner (up to a combined maximum of 24 points) | ||
| Canadian Language Benchmark (CLB) level per ability | With a spouse or common-law partner | Without a spouse or common-law partner |
| (Maximum 22 points) | (Maximum 24 points) | |
| CLB 4 or less | 0 | 0 |
| CLB 5 or 6 | 1 | 1 |
| CLB 7 or 8 | 3 | 3 |
| CLB 9 or more | 6 | 6 |
| Migrate to Canada from Australia Points for Education | ||
| Level of Education | With a spouse or common-law partner | Without a spouse or common-law partner |
| (Maximum 140 points) | (Maximum 150 points) | |
| Less than secondary school (high school) | 0 | 0 |
| Secondary diploma (high school graduation) | 28 | 30 |
| One-year degree, diploma or certificate from a university, college, trade or technical school, or other institute | 84 | 90 |
| Two-year program at a university, college, trade or technical school, or other institute | 91 | 98 |
| Bachelor's degree OR a three or more year program at a university, college, trade or technical school, or other institute | 112 | 120 |
| Two or more certificates, diplomas, or degrees. One must be for a program of three or more years | 119 | 128 |
| Master's degree, OR professional degree needed to practice in a licensed profession (For “professional degree,” the degree program must have been in: medicine, veterinary medicine, dentistry, optometry, law, chiropractic medicine, or pharmacy.) | 126 | 135 |
| Doctoral level university degree (Ph.D.) | 140 | 150 |
- Submit your profile: Once you have reviewed your profile and confirmed that all information is accurate and up-to-date, you can submit it to the Express Entry pool. You will be given a profile number and an Express Entry Job Seeker validation code which you will need to attach to your Financial manager job applications.
- Receive an Invitation to Apply (ITA): If you meet the eligibility requirements as a Financial manager for one of the three Express Entry-managed programs (Federal Skilled Worker Program, Federal Skilled Trades Program, Canadian Experience Class), you may be invited to apply for permanent residence. ITAs are issued to Financial manager applicants with the highest CRS scores and are issued during regular Express Entry draws.
- Submit your application for permanent residence: If you receive an ITA, you will have 90 days to submit a complete application for permanent residence, including all required forms and documents. If you need assistance visit MigrationConsultant.com
CRS Points Score for a Financial manager Immigrating to Canada in 2023
- January 14, 2023 – CRS score cutoff for Financial managers: 454
- October 3, 2022 – CRS score cutoff for Financial managers: 422
- September 1, 2022 – CRS score cutoff for Financial managers: 462
- August 18, 2022 – CRS score cutoff for Financial managers: 403
- August 5, 2022 – CRS score cutoff: 382
- July 21, 2022 – CRS score cutoff for Financial managers: 357
- July 8, 2022 – CRS score cutoff: 369
- June 23, 2022 – CRS score cutoff: 357
- June 10, 2022 – CRS score cutoff: 368
- May 31, 2022 – CRS score cutoff: 380
- May 20, 2022 – CRS score cutoff for Financial managers: 397
Should you score 400 or over on your Express Entry CRS then there is a very good chance you’ll be able to Migrate to Canada as a Financial manager without a Job Offer or Provincial Nomination.
