Director of Financial Reporting

Director of Financial Reporting Job Description

A director of financial reporting in Canada must have advanced knowledge and understanding of CGAAP, IFRS and securities reporting requirements and financial statement analysis. Companies expect candidates for this job to have a CPA, a bachelor’s degree in accounting, finance or business, and at least eight years of experience. Top candidates have experience in public accounting, IFRS regulations and securities reporting. Strong analytical, critical thinking, and verbal, writing and interpersonal skills are crucial to the position, as is the ability to interact with all levels of corporate and divisional management.

Typical director of financial reporting duties:

Preparing, analyzing and reviewing quarterly and annual financial statements, footnotes, and management discussion and analysis Performing technical accounting research as required, including on accounting pronouncements, and meeting with divisional controllers on accounting and financial reporting issues Preparing all CGAAP and provincially regulated financial reporting, including supporting documents Ensuring compliance related to financial reporting and disclosure requirements Supervising, training and mentoring staff with duties related to corporate accounting and reporting Communicating regularly with management and business units

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Salary for Director of Financial Reporting
127000 - 172000
25th percentile
127000
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
147750
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
172000
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) – Corporate Accounting 176250 223500 288250 Treasurer 161000 197750 231500 Vice President of Finance 146000 166000 198500 Director of Accounting 127000 144750 170750 Director of Finance 126500 146000 170500 Corporate Controller 126250 153750 179000 Controller – Corporate Accounting 107000 135250 165750 Financial Project Manager 117750 133000 146000 Assistant Treasurer 117000 134750 151000 Assistant Controller 84000 102250 123000 Property Accountant 61500 72750 88500

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