The accuracy and precision of the non-contact velocity interferometer system for any reflector (VISAR) depends not only on the good optical design and linear optical-to- electrical conversion system, but also on accurate and robust post-processing techniques. The performance of these techniques, such as the phase unwrapping algorithm, depends on the signal-to-noise ratio (SNR) of the recorded signal. In the present work, a novel method of improving the SNR of the recorded VISAR signal, based on the knowledge of the noise characteristic of the signal conversion and recording system, is presented. The proposed method uses a modified Wiener filter, for which the signal power spectrum estimation is obtained using a spectral subtraction method (SSM), and the noise power spectrum estimation is obtained by taking the average of the recorded signal during the period when no target movement is expected. Since the noise power spectrum estimate is dynamic in nature, and obtained for each experimental record individually, the improved signal quality is high. The proposed method is applied to the simulated standard signals, and is not only found to be better than the SSM, but is also less sensitive to the selection of the noise floor during signal power spectrum estimation. Finally, the proposed method is applied to the recorded experimental signal and an improvement in the SNR is reported.