Friday, 20 June 2014

Know How Financial Managers Get PR Visa to Australia and Canada

Demand for qualified professionals in finance seems to be rising across the world. This can be clearly interpreted from the way destinations like Down Under and the Maple leaf country have laid open skilled migration categories for qualified and competent Financial Managers. These countries are the fastest growing economies of the world and need skills and expertise almost in every field. This aspect has created an interest among the immigrants waiting to squeeze in their requests for immigrating o any of these locations.

Australian and Canadian governments have always been positive about allowing entry to the qualified skilled personnel. The immigrants entering ports of these countries prove to be assets in many ways, especially when it comes to improving the quality of skills available in the local labor pools of these countries and also providing suitable replacements for the ageing workforce. Besides this, these new entrants also raise the consumption capacity of the economy by way of using the services and products generated in the economy and paying taxes to the governments.

Financial Managers carry out tasks related to planning, arranging, monitoring, managing and synchronizing the financial and accounting functions within companies. A typical list of obligations of these specialists include carrying out listed duties
  • Defining, arranging, monitoring, guiding, and assessing the functions of an accounting, audit or other financial department
  • Preparing, applying, controlling, analyzing budgetary and accounting practices, and programs in close coordination with other managers
  • Developing or synchronizing the development of financial records, summaries, and other cost-benefit evaluation reports and financial management documents
  • Synchronizing the financial planning and budgeting procedures, and evaluating and correct calculations
  • Managing the preparations and applications of financial reports and test models, and making predictions about the enterprise’s financial structure and placement like income reports, balance sheets and analyzing of future revenues
  • Assessing reporting processes, accounting practices and investment activities and extending suggestions for alterations in systems, operating procedures, budgets and other financial control processes to middle and top management
  • Hiring, arranging, providing training and managing personnel
  • Acting as liaison node between the company and its stake holders, the investors and external financial experts
  • Setting up profitability parameters for investment activities and handle amalgamations and/or take-overs
  • Informing senior management on trends acting as vital ingredients to the performance for companies 
  • Rendering financial inputs and elaborating the impact on business performance and financing requirements
  • Synchronizing the preparations, applications and management of accounting practices
  • Offering expert suggestions on investment programs, sources of money and the spread out of revenues
  • Making it that financial practices adhere to the preset standards and parameters
To Get PR Visa to Australia and Canada as Financial Managers, you need to fulfill certain listed preconditions, i.e. you must be in possession of
  • Minimum academic qualifications, i.e.
    o    Have a graduation in business administration, economics, commerce or a relevant discipline
    o    In certain cases a post graduation in business administration or relevant discipline is mandated necessary
  • Carry necessary practical exposure in your area of specialization, i.e. in accounting, auditing, budgeting, financial planning and analysis or other relevant functions
  • Sufficient language capabilities, i.e. at least CLB / NCLC 7 in case of Canadian migration and at least OET B in case of Aussie migration
  • Score minimum  of 67 marks for the Maple leaf country and 60 marks for Down Under
It is necessary for you to obtain a positive credential evaluation advice from designated assessment agency for both the countries. Aussie skilled migration provides permanent and temporary entries while the Canadian FSW scheme promises permanent entry.

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