Accounting Manager Salary in Canada
Accounting Manager Salary Range
$102,170
$126,310
Low Range
High Range
Midpoint
This salary range represents a national benchmark in CAD. Regional salary adjustment factors can be applied below to estimate how compensation may shift by province or territory.
Salary benchmarks are based on a mix of TQR internal data and external market research for specialized manufacturing and technical roles in Canada.
Accounting Manager salaries in the Life Sciences Manufacturing industry typically range from $102,170 to $126,310, with a midpoint of approximately $113,950. Compensation varies based on accounting leadership experience, manufacturing finance expertise, ERP system knowledge, regulatory compliance experience, organizational complexity, and overall financial management responsibility.
What the Salary Percentiles Mean
The following range has been generated based on real salary data across North America.
$102,170
$126,310
$102,170
25th percentile
Employees in this section often have a lower level of experience or skills and
are still growing into their role. This role may also be at a small to medium-sized business.
$113,950
50th percentile
Employees in this section typically demonstrate the required level of experience plus many skills that are deemed an asset. This role is likely at a medium-sized business.
$126,310
75th percentile
Employees in this section typically demonstrate a higher-level of expertise and/or enhanced qualifications. They should also have a proven track record and cultural fit. This role is likely at a larger business.
Regional Salary Adjustments
Salary ranges can vary by region based on cost of living, labor competition, industry concentration, and talent availability. The map below shows regional adjustment factors that can be applied to the national salary benchmark as a directional guide.
Factors That Affect an Accounting Manager's Salary
Accounting Manager compensation can vary based on company size, manufacturing complexity, regulatory environment, ERP system expertise, leadership responsibility, location, and overall accounting accountability. Employers may need to adjust compensation when the position oversees multiple business units, complex manufacturing accounting, international operations, cost accounting functions, or advanced financial reporting responsibilities.
Accounting Manager Job Description:
An Accounting Manager is responsible for overseeing daily accounting operations, financial reporting, budgeting support, compliance, and internal controls within a Life Sciences manufacturing environment. This role helps ensure accurate financial records, regulatory compliance, operational efficiency, and sound financial management while supporting business performance across pharmaceutical, biotechnology, medical device, diagnostics, and related manufacturing operations.
Accounting Managers often oversee general accounting, accounts payable, accounts receivable, payroll, fixed assets, inventory accounting, financial reporting, account reconciliations, budgeting support, cost accounting, and audit coordination while working closely with Operations, Manufacturing, Supply Chain, Sales, Human Resources, Quality, Regulatory Affairs, and executive leadership. Their work may include managing month-end and year-end close processes, improving accounting procedures, supporting ERP systems, maintaining financial controls, and ensuring compliance with accounting standards and regulatory requirements.
Accounting Managers are expected to understand how accounting operations directly impact financial accuracy, manufacturing performance, profitability, cash flow, regulatory compliance, and overall business success. Strong candidates typically combine accounting expertise, analytical ability, leadership skills, regulatory knowledge, communication skills, and continuous improvement experience to support financial excellence within highly regulated Life Sciences manufacturing environments.
Common Responsibilities:
Managing daily accounting operations including general ledger, accounts payable, accounts receivable, payroll, fixed assets, inventory accounting, and month-end/year-end close activities.
Preparing and reviewing financial statements, account reconciliations, journal entries, management reports, and financial analyses while ensuring compliance with GAAP/IFRS, SOX (where applicable), and company accounting policies.
Supporting budgeting, forecasting, cost accounting, cash flow management, inventory accounting, and financial planning activities to improve business performance and operational efficiency.
Collaborating with Operations, Manufacturing, Supply Chain, Sales, Human Resources, Quality, Regulatory Affairs, and executive leadership to support financial planning and organizational objectives.
Monitoring financial performance, accounting accuracy, internal controls, expense management, key performance indicators (KPIs), and process efficiency while driving continuous improvement initiatives.
Coordinating internal and external audits, tax compliance, financial reporting, regulatory requirements, and accounting documentation to ensure compliance with applicable financial standards.
Utilizing ERP systems and financial reporting tools to strengthen accounting processes, improve reporting accuracy, support decision-making, and enhance operational and financial performance.
Explore Current Openings
TQR recruits for specialized roles across industrial automation, manufacturing, packaging, food production, life sciences, and related technical markets. Current openings may include engineering, operations, maintenance, quality, supply chain, and plant leadership roles.
View current opportunities or submit your resume to be considered for future roles that match your background.
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