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Chief Financial and Business Officer
In Canada, the federal government groups and organizes occupations based on a National Occupational Classification (NOC) system. This alis occupation may not reflect the entire NOC group it is part of. Data for the NOC group can apply across multiple occupations.
The NOC system is updated every 5 years to reflect changes in the labour market. Government forms and labour market data may group and refer to an occupation differently, depending on the system used. Here is how this occupation has been classified over time:
In Alberta, this occupation is part of 1 or more 2006 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
Interest in synthesizing information to authorize the establishment of departments and associated senior staff positions; to approve overall human resource planning; to co-ordinate the work of regions, divisions and departments; to select middle managers, directors and other executive staff; and to approve promotional campaigns
Interest in establishing and organizing major departments and associated senior staff positions; and in formulating promotional campaigns
Interest in negotiating with a board of directors to formulate policies and programs; and in delegating representatives to act on behalf of the organization
To identify or change your interest codes, complete the Interests Exercise in CAREERinsite.
The interest code helps you figure out if you’d like to work in a particular occupation.
It’s based on the Canadian Work Preference Inventory (CWPI), which measures 5 occupational interests: Directive, Innovative, Methodical, Objective, and Social.
Each set of 3 interest codes for this NOC group is listed in order of importance.
A code in capital letters means it’s a strong fit for the occupation.
A code in all lowercase letters means the fit is weaker.
School business officials are leaders and administrators. They may specialize in a particular area or work in several areas of public education administration. Duties and responsibilities therefore vary considerably from one position to another and from one school jurisdiction to another.
In the area of financial resource management, school business officials may:
In corporate management and administration, school business officials may:
In human resource management, school business officials may:
In facility management, and property acquisition and management, school business officials may:
In risk management, school business officials may:
In student transportation, school business officials may:
In public relations and communications, school business officials may:
School business officials usually work standard weekday hours in school board or jurisdiction offices. Senior officials must attend school board and public meetings, and overtime is often required to meet budget and other deadlines. Depending on the position, some travel may be required for meetings with other school jurisdictions and government departments.
School business officials need:
They should enjoy directing and supervising the work of others, having clear rules and organized methods to guide their activities, and negotiating with other administrators.
This chart shows which job skills are currently in highest demand for this occupational group. It was created using this occupation's 30 most recent Alberta job postings, collected between Oct 27, 2021 and May 24, 2022.
Review these skills to learn:
| Establish objectives for the organization and formulate or approve policies and programs | 24 |
|---|---|
| Personal Suitability: Team player | 23 |
| Personal Suitability: Organized | 21 |
| Allocate material, human and financial resources to implement organizational policies and programs | 21 |
| Business Equipment and Computer Applications: MS Excel | 20 |
| Personal Suitability: Accurate | 19 |
| Authorize and organize the establishment of major departments and associated senior staff positions | 19 |
| Business Equipment and Computer Applications: MS Office | 18 |
| Personal Suitability: Effective interpersonal skills | 18 |
| Personal Suitability: Excellent oral communication | 18 |
School business officials need a combination of related post-secondary education and experience. For example, those in financial management positions may require an accounting designation or an equivalent combination of training and experience. Those in corporate management positions may have certificates or degrees in public administration.
Most school business officials have a bachelor’s degree in business or commerce and an accounting designation (CPA). Some may have a master’s degree in business administration (MBA) or a master’s degree in public administration (MPA) or a related discipline.
Universities and colleges throughout the province offer 3- and 4-year degree programs in management and related disciplines.
The following schools offer programs or courses that are related to this occupation but are not required to enter the field.
To expand or narrow your search for programs related to this occupation, visit Post-Secondary Programs.
Completing a program does not guarantee entrance into an occupation. Before enrolling in an education program, prospective students should look into various sources for education options and employment possibilities. For example, contact associations and employers in this field.
School business officials provide leadership, financial direction and business expertise to publicly funded school authorities.
Certified School Business Official is a protected title under Alberta's Professional and Occupational Associations Registration Act [pdf] and the School Business Officials Regulation [pdf]. This means that to call yourself a Certified School Business Official (CSBO), you must be a registered member of the Association of School Business Officials of Alberta (ASBOA). You do not have to be registered if you do not call yourself a Certified School Business Official.
For information on what you need and other details, visit the certification profile School Business Official.
School business officials are employed by school authorities. Advancement opportunities depend on the size of the school jurisdiction and the school business official’s qualifications. Senior school business official positions require skills and knowledge related to most of the areas listed in the Duties section of this profile.
School business officials are part of the larger 2011 National Occupational Classification 0014: Senior managers - health, education, social and community services and membership organizations. In Alberta, 72% of people employed in this classification work in the following industries:
The employment outlook [pdf] in this occupation will be influenced by a wide variety of factors including:
In Alberta, the 0014: Senior managers - health, education, social and community services and membership organizations occupational group is expected to have a below-average annual growth of 0% from 2019 to 2023. In addition to job openings created by employment turnover, 0 new positions are forecasted to be created within this occupational group each year.
Note
NOC groups often include several related occupations. Although there is labour market data for the larger NOC group, this occupation makes up only a part of that group. It means data for this occupation may be different than the data shown. For example, only some of the new positions to be created will be for this occupation. It also applies to other data for the NOC group such as number of people employed.
Source: Alberta Regional Occupational Demand Outlook
Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
Unless otherwise noted, the data shown here is for all industries and all regions in Alberta.
All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production), and other forms of compensation.
To see the full survey data for this NOC group, visit the wage profile.
Other wage sources
To make an informed wage and salary decision, research other wage sources [pdf] to supplement this data.
High Reliability, represents a CV of less than or equal to 6.00% and 30 survey observations and/or represents 50% or more of all estimated employment for the occupation.
| Wages* | Low (5th percentile) | High (95th percentile) | Average | Median |
|---|---|---|---|---|
| Starting | $28.72 | $103.33 | $58.22 | $53.34 |
| Overall | $32.02 | $120.63 | $68.31 | $61.25 |
| Top | $33.65 | $127.62 | $76.10 | $65.33 |
Swipe left and right to view all data. Scroll left and right to view all data.
* All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production) and other forms of compensation.
Pay brackets for hourly wages
| Public Administration | $142,294 |
|---|---|
| Health Care & Social Assistance | $134,392 |
| Professional, Scientific & Technical Services | $131,652 |
| ALL INDUSTRIES | $131,266 |
| Educational Services | $131,169 |
| Information, Culture, Recreation | $126,384 |
| Other Services (Repair, Personal Services and Related) | $125,179 |
| Finance, Insurance, Real Estate, Leasing | $118,826 |
Association of School Business Officials of Alberta website: asboalberta.ca
Get information and referrals about career, education, and employment options from Alberta Supports.
Updated Mar 05, 2021. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.