Accounting Analyst Salary in Markham, Ontario
$32K
20% Low Band Avg
CAD $46K
Average
$60K
80% High Band Avg
Salaries based on experience level
The Average Entry Level salary of Accounting Analyst in Markham, Ontario is CAD $35K/yr, this salary increases 33% to $46K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 30% from $46K/yr to $60K/yr.
Salary Compared to Canada National Average Salary
- Accounting Analyst in Markham, Ontario Salary
- vs
- Accounting Analyst in Canada Salary
The Average Salary of Accounting Analyst in Markham, Ontario is $46K/yr. This is -8% lower ($-4,461) compared to Canada national average salary of $51K/yr.
Salary Compared to Markham City Average Salary
- Accounting Analyst in Markham, Ontario Salary
- vs
- Markham, Ontario City Average Salary
The Average Salary of Accounting Analyst in Markham, Ontario is -21% lower (-12,708) than the average salary for the city of Markham, Ontario $59K/yr.
Accounting Analyst job description
Job Title: Accounting Analyst
Overview/Summary of the role:
An Accounting Analyst is responsible for performing financial analysis and providing insights into company performance to help management make informed business decisions. They analyze financial statements and provide recommendations that will help improve the company's financial performance. In addition, they prepare financial reports, maintain records of financial transactions, and assist in the development of budgets and forecasts.
Responsibilities and Duties:
- Conduct financial analysis and modeling of company performance, including creating and updating financial reports, financial forecasts and budgets, and cash flow analyses.
- Analyze and interpret financial data, including trends and anomalies, and provide recommendations to management based on findings.
- Prepare and present financial reports, including periodic financial statements, variance analyses, and other ad-hoc reports, to internal and external stakeholders.
- Manage financial reporting systems, including accounting software and financial databases, and ensure accurate and timely financial data is maintained.
Accounting Analyst interview questions
Interviewer: Hello, thank you for coming in today. Can you please introduce yourself and tell us a little about your background in accounting?
Candidate: Yes, of course. My name is John Smith and I have a Bachelor's degree in accounting. I have worked for the past 5 years in a public accounting firm, gaining experience in audit, tax, and financial reporting.
Interviewer: That sounds great. How do you ensure accuracy in financial reporting?
Candidate: To ensure accuracy in financial reporting, I make sure to review all relevant documentation and perform checks and balances to confirm figures match. I also verify that all calculations are correct and that no mistakes have been made in data input.
Interviewer: Can you walk me through the process of reconciling accounts?
Candidate: Absolutely. Reconciling accounts involves comparing the general ledger balance to the balance in the corresponding subsidiary ledger or bank statement. Any discrepancies are investigated, and once resolved, the balances are adjusted accordingly.