What does a Director of Accounting do?

Accounting managers oversee the accounting department functions with a focus on ensuring the timely and accurate delivery of financial statements and reporting. Accounting managers generally have several direct reports and work to allocate tasks evenly across the team. Accounting managers are responsible for driving team performance and getting the most out of individual contributors.

Accounting managers generally have a Bachelor's degree in accounting or finance and several years of accounting experience. In addition, many accounting managers also have a Certified Public Accountant (CPA) credential, which is obtained by passing a national exam and a completing a minimum number of college coursework hours. Accounting managers must have strong prioritization skills and feel comfortable taking initiative in order to deliver results.

What responsibilities are common for Director of Accounting jobs?
  • Oversee and manage the general accounting functions, including, but not limited to: accounts payable, accounts receivable, general ledger, and taxes
  • Help with quarterly and year-end financial audit activities and the annual corporate financial controls audit
  • Assess current practices and procedures, and make recommendations for improvements
  • Prepare, review, and analyze financial statements to ensure accuracy and completeness
  • Perform ad hoc analysis and projects as requested
  • Supervise and/or manage general ledger accounting functions
  • Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships
  • Work with external auditors to ensure correct and timely closing and reporting at year-end
What are the typical qualifications for Director of Accounting jobs?
  • Bachelor's degree in Accounting or Finance. CPA or MBA preferred.
  • 5+ years of progressive accounting experience with a portion of it being in a supervisory role
  • Thorough knowledge of U.S. GAAP
  • Excellent verbal and written communication abilities across all level of an organization
  • Strong leadership skills with a dedication to driving and achieving results
  • Knowledge of employee relationship building and performance management techniques
  • Advanced Microsoft Excel skills. Experience with other financial systems.
EducationBachelor's Degree
Work/Life Balance
3.6 ★
Total Pay--
Career Opportunity
3.6 ★
Avg. Experience5-7 years

How much does a Director of Accounting make?

Confident
$125,632 /yr
Total Pay
$108,286
 /yr

Base Pay

+
$17,346
 /yr

Additional Pay

$125,632

 / yr
$80K$274K
Most Likely Range
Possible Range
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Director of Accounting Career Path

Learn how to become a Director of Accounting, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L6
Senior Principal Accounting Manager
$134,932/yr
L7
L7

Average Years of Experience

0 - 1
6%
2 - 4
19%
5 - 7
42%
8+
33%
Not including years spent in education and/or training
See Career Path

Director of Accounting Insights

Read what Director of Accounting professionals have to say about their job experiences and view top companies for this career.
CaretowerCaretower
Accounting Manager
Jun 23, 2020

“Have made some good friends while working here and enjoy coming to work every day.”

EYEY
Accounting Manager
Mar 16, 2021

“I’ve made great friends along the way and I work with some very sharp people.”

Galliford TryGalliford Try
Accounting Manager
Oct 12, 2021

“Great to work for and good pay”

Regional Animal Protection Society
Accounting Manager
Oct 14, 2021

“Very good to work and friendly place”

Giving Tree RealtyGiving Tree Realty
Operations Accounting Manager
Apr 13, 2022

“I love coming to work and get to work with not only owners that have the biggest hearts but like”

Ryan SpecialtyRyan Specialty
Accounting Manager
Mar 26, 2020

“Do yourself and your career a favor and choose a different company to grow and advance your skillsets.”

Telco DataTelco Data
Accounting Manager
Feb 21, 2020

“There is always room to grow your career and flourish with your own personal style.”

Graha Nakula Persada
Accounting Manager
Oct 28, 2021

“only the job is not suitable if the religion is strong”

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Director of Accounting Interviews

Frequently asked questions about the role and responsibilities of accounting managers

An accounting manager spends their day overseeing the work of the group of employees responsible for financial reporting and compliance. They work closely with the company's CFO or controller to identify and create company procedures. They train their staff to carry out those tasks and follow up with guidance or direction to ensure everyone meets deadlines. Meetings may happen in person, over the phone, or electronically.

Yes, an accounting manager is a bridge between a company's financial leadership and the employees who carry out the day-to-day work. This makes them a valuable resource to make sure a company's financial activities are closely monitored to avoid costly mistakes or even fraud.

Yes, in the United States, on average, accounting managers are paid $125,632 per year. Experienced accounting managers who advance in the company's management hierarchy may make up to $274,101 per year in the United States. Compensation may be based on having advanced degrees.

It can be challenging to manage a group of employees with different working styles and personalities. Accounting managers may bear the responsibility for mistakes made by others. If there's a company or reporting deadline, accounting managers may be asked to work outside regular office hours.

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Director of Accounting Jobs