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Financial Reporting Accountant in Toronto, ON

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 in Toronto, ON
75618 - 99085
Low
75618
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
89698
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
99085
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
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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.