Director, Financial Reporting in Toronto

We are seeking an experienced Director, Financial Reporting, to lead the organization’s financial reporting and consolidation activities. This role will be responsible for ensuring the accuracy, integrity, and timeliness of consolidated financial results while maintaining compliance with US GAAP and IFRS.

The Director will provide technical accounting leadership, oversee complex consolidations and reporting, and lead two direct reports at the senior accountant and manager levels. The successful candidate will combine strong technical accounting expertise with experience in complex corporate structures and the ability to translate accounting requirements into practical business solutions.

About the Opportunity

• Financial Reporting & Consolidations: Lead the preparation and review of monthly, quarterly, and annual consolidated financial statements and management reporting. Oversee the consolidation of multiple legal entities/business units, including intercompany balances, eliminations, foreign currency translation, and consolidation adjustments. Ensure financial reporting is accurate, complete, appropriately supported, and delivered within established reporting timelines. Maintain and enhance consolidation processes, reporting packages, and financial controls. Partner with business units and finance teams to resolve consolidation and reporting issues.
• US GAAP & IFRS: Serve as a key technical accounting resource for matters involving US GAAP and IFRS. Research and assess complex accounting issues and provide recommendations regarding appropriate accounting treatment. Monitor new and emerging accounting standards and assess their impact on the organization. Lead the implementation of new accounting standards and changes to existing reporting requirements. Prepare and review technical accounting memos, position papers, and supporting documentation. Support accounting matters involving areas such as revenue recognition, leases, business combinations, foreign currency, impairment, and other complex transactions, as applicable.
• Controls, Audit & Compliance: Maintain a strong financial control environment across the reporting and consolidation processes. Coordinate with internal and external auditors and support quarterly and annual audit requirements. Ensure appropriate documentation and supporting schedules are maintained for significant accounting judgments, estimates, and transactions. Identify reporting and control risks and implement process improvements to strengthen financial governance.
• Leadership & Business Partnership: Lead, coach, and develop a team of 4–5 finance and accounting professionals, establishing clear responsibilities and development priorities. Provide technical guidance and oversight to the team while promoting accountability and high-quality execution. Partner closely with FP&A, Corporate Accounting, Tax, Treasury, and other finance functions to ensure consistency and accuracy across financial reporting. Work with senior leadership to communicate financial reporting matters, accounting implications, and significant issues. Support acquisitions, integrations, restructuring activities, and other strategic initiatives from an accounting and reporting perspective.
• Process Improvement: Drive improvements to the financial close, consolidation, and reporting processes with a focus on accuracy, efficiency, standardization, and scalability. Identify opportunities to automate manual reporting and reconciliation activities. Strengthen reporting processes, systems, and controls as the organization grows and reporting requirements evolve.

About You

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• CPA or equivalent professional accounting designation strongly preferred.
• Approximately 10+ years of progressive accounting and financial reporting experience, including significant experience in a leadership capacity.
• Strong technical knowledge and practical application of US GAAP and IFRS.
• Significant experience with multi-entity consolidations, including intercompany eliminations and foreign currency considerations.
• Experience leading and developing accounting or financial reporting teams.
• Strong understanding of financial statement preparation, close processes, internal controls, and external audit requirements.
• Experience researching and documenting complex accounting matters.
• Experience working within a large, complex, multinational, or multi-entity organization preferred.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication skills with the ability to explain complex accounting matters to both finance and non-finance stakeholders.
• Exposure to AI automations in a financial reporting setting is an asset.

Benefits and Compensation

Determining compensation for this role depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.

Location and Work Requirements

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto area and be permitted to work in Canada to be considered for this opportunity.