Directors of accounting must possess strong communication, organizational, technology and leadership skills. Candidates usually have at least 10 years of experience, including previous management responsibility. They also should have comprehensive knowledge of International Financial Reporting Standards (IFRS) and/or accounting standards for private enterprises (ASPE). Those with public accounting experience have an advantage. Businesses expect a minimum of a bachelor’s degree in accounting but generally prefer applicants who also have earned a master’s degree in business administration (MBA) or certification such as a chartered professional accountant (CPA) designation.
Typical Duties of a Director of Accounting:
Developing and maintaining accounting policies and procedures Planning, organizing and coordinating the year-end close process with internal and external auditors Ensuring successful completion of the company’s tax filings Preparing financial statements, including cash flow statements Planning, budgeting and authorizing expenditures Hiring, training and retaining competent accounting staff
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Salary for Director of Accounting in Kitchener Waterloo, ON
128500 -
172750
25th percentile
128500
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
146500
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
172750
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
