Location: Downtown Toronto (on site)
Compensation: $145,000 - $160,000, plus bonus
Start Date: January or early February
Job Title: Director of Accounting (Toronto, Ontario)Position Summary: We are hiring on behalf of our client, a leading financial services organization based in Downtown Toronto, for the role of
Director of Accounting. Reporting directly to the Vice President of Finance, this role presents an exciting opportunity to make a significant impact within a dynamic and growing firm. The Director of Accounting will oversee key financial processes, including quarterly reporting, monthly close cycles, and will manage a team of senior accountants. This is a fantastic opportunity for someone looking to take the next step in their career, with a competitive compensation package ranging from
$145,000 to $160,000, plus bonus.
The successful candidate will play a pivotal role in ensuring the accuracy and efficiency of accounting processes while identifying and driving continuous improvements. Additionally, the Director of Accounting will be responsible for leading, mentoring, and developing a growing team of accounting professionals.
Key Responsibilities:
- Oversee the quarterly financial reporting cycle, ensuring timely and accurate submission of financial statements and supporting schedules in accordance with IFRS and US GAAP standards.
- Manage the preparation of financial statement disclosures, including MD&A, and any supplemental reporting required for corporate financial statements.
- Collaborate with internal stakeholders to resolve discrepancies in intercompany reporting, ensuring all intercompany transactions are accurately recorded.
- Review period-end corporate accounting entries and accruals to ensure compliance with internal controls and accounting standards.
- Lead the monthly financial close process, identifying opportunities for streamlining workflows and improving efficiency across the department.
- Oversee the execution of complex accounting transactions, collaborating with other business units to resolve technical accounting issues.
- Supervise the preparation of tax and compliance-related reporting for legal entities, and support corporate reporting requirements, including covenant compliance.
- Respond to internal and external audit inquiries, ensuring all necessary documentation is prepared and maintained in a timely manner.
- Mentor and provide professional development opportunities to a growing team of senior accountants and interns, fostering a culture of growth and career development.
- Review existing accounting processes and systems, identifying opportunities for improvement and implementing more efficient reporting frameworks.
- Lead or contribute to special projects as assigned, supporting key strategic initiatives within the finance department.
Qualifications and Requirements:
- A minimum of 10 years of progressive accounting experience, with at least 3-4 years of management
- A recognized professional accounting designation (CPA, CA, or equivalent) is preferred.
- Strong experience with IFRS and US GAAP reporting, particularly in the context of corporate financial statements.
- Proven experience with financial systems, particularly experience with an ERP system (preferably in a large, complex corporate environment).
- Experience working for a large, complex company with multiple entities, managing consolidated financial reporting across various business units.
- Strong leadership and interpersonal skills, with the ability to mentor and guide a team in a fast-paced, dynamic environment.
- Excellent organizational skills and the ability to manage multiple priorities and deadlines while adapting to shifting demands.
- Strong verbal and written communication skills, with the ability to effectively engage with internal and external stakeholders.
- Proactive, self-motivated, and continuously driven to improve both processes and personal professional development.
