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Financial Reporting Accountant

Financial Reporting Accountant Job Description

The Financial Reporting Accountant plays a vital role in ensuring the accuracy and transparency of an organization's financial health in Canada. This role will be responsible for preparing financial statements, maintaining accounting records, and supporting the overall financial reporting process according to Canadian Generally Accepted Accounting Principles (CGAAP). Typically, 2-5 years of progressive experience in accounting or financial reporting is required. A Bachelor's Degree in Accounting or Finance is essential, with candidates actively pursuing or having completed a Chartered Professional Accountant (CPA) designation being highly preferred. Proficiency in Canadian accounting standards (ASPE and IFRS) is a key requirement.

Typical Financial Reporting Accountant Duties:

Prepare and analyze various financial statements and reports, including balance sheets, income statements, and cash flow statements, in accordance with CGAAP.Assist with month-end, quarter-end, and year-end close procedures, ensuring accuracy and timeliness.Perform detailed general ledger account reconciliations and resolve discrepancies.Ensure all financial reporting is in compliance with Canadian accounting standards (ASPE/IFRS) and company policies.Support external audit activities by preparing requested documentation and explanations.Contribute to financial analysis, providing insights on trends and variances.Assist with the documentation and improvement of financial reporting processes and internal controls.

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Salary for Financial Reporting Accountant
72500 - 95000
Low
72500
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
86000
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
95000
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Financial Officer 180250 228000 293750 Director of Accounting 128750 147000 175250 Corporate Controller 128500 155750 181750 Controller 114750 141500 172500 Assistant Controller 90000 108750 127250 Accounting Manager 93250 109000 132000 Senior Accountant – Financial Services 95500 120750 129250 Accountant – Financial Services 82250 90250 101250 Senior Accountant 76250 90500 106000 Accountant 58000 68750 79250 Junior Accountant 50250 55750 60500 Cost Accounting Manager 97750 118250 131500 Senior Cost Accountant 86000 94750 106500 Cost Accountant 63000 76500 90250 Property Accountant 63750 74250 90000 Director of Financial Reporting 130250 153250 178500 Financial Reporting Manager 114500 138250 159750 Senior Financial Reporting Accountant 92750 109000 116250

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.