Indians who are working in the finance sector can make up to $100k per year in Canada. If you’re eyeing to settle in Canada from India, know that Canada’s financial sector is the cornerstone of its economy - rapidly growing and adapting to new trends.
The demand for skilled and qualified finance professionals is high - with around 23,700 new job openings to open between 2022 and 2031. From banking and investment to accounting and financial planning, find plenty of job opportunities in Canada as an Indian finance professional.
Most In-Demand Jobs in Canada’s Financial Sector
Explore the various job roles classified by National Occupational Classification (NOC) codes:
- NOC 10010 Financial Managers
- NOC 10020 Insurance, real estate, and financial brokerage managers
- NOC 10021 Banking, credit, and other investment managers
- NOC 11100 Financial auditors and accountants
- NOC 11101 Financial and investment analysts
- NOC 11103 Securities agents, investment dealers, and brokers
- NOC 11102 Financial Advisors
- NOC 11109 Other Financial officers
- NOC 12011 Supervisors, finance, and insurance office workers
- NOC 12200 Accounting technicians and bookkeepers
- NOC 12201 Insurance adjusters and claims examiners
- NOC 12202 Insurance underwriters
- NOC 12203 Assessors, business valuators, and appraisers
- NOC 13200 Customs, ship, and other brokers
- NOC 14200 Accounting and related clerks
- NOC 13102 Payroll administrators
- NOC 14201 Banking, insurance, and other financial clerks
- NOC 14202 Collectors
Requirements to Get Canada PR As A Finance Professional
When applying for Canada PR from India as a skilled professional, it is crucial to check your eligibility using a CRS score calculator. The higher your scores are in the calculator, the more chances you have of getting selected by the immigration authorities to submit a complete PR application.
If you wish to work in Canada, here are the requirements you must fulfil:
- Education
Many financial roles in Canada require candidates to have a bachelor’s or master’s degree in finance, accounting, economics, or a related field. In addition, you require professional certifications such as CPA, CFP, or CFA.
- Work Experience
You need at least 2 years of work experience in job roles that include auditing, budgeting, accounting, and financial planning. For instance, if you are applying for an accounting manager position in Canada, you require a recognized accounting designation like CPA, CA, CPA, CMA, or CPA, or CGA.
- Language Skills
Employers want those who are proficient in either English or French - the official languages of Canada. Take the IELTS, PTE Core, or the CELPIP exam to prove English skills and TEF or TCF to prove French skills.
- Age
If your age falls between 18 and 35, you can avail of maximum points. After hitting 35, you start losing one point each year till you are 45, after which you don’t get any points for age.
- Adaptability
If you have a spouse, common-law partner, or relative living in Canada, you can get 10 additional points.
Average Salaries of Finance Professionals in Canada
The higher demand means higher salaries. At entry level, you can earn between $50,000 to $70,000 in roles such as financial analysts, junior accountants, and banking associates.
After gaining a few years of experience, you can earn salaries between $70,000 to $100,000 or more. For senior management positions, such as finance directors and investment managers, your salary could exceed $100,000.
To make your transition smoother, connect with the best immigration consultants in Delhi, Nationwide Visas, who specialize in guiding you towards a rewarding career in Canada with tailored support and expert advice.
Start your process today!
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