Average Starting Salaries For New Grad Accountants In Canada In 2012

by

Trying to account for where your future of number crunching and fast calculating is going to take you?

On average, accounting grads with between zero and three years of experience can expect to earn somewhere between $35,500 and $75,500 depending on your role, whether you’re working in public or corporate accounting, and whether you’re working for a large or midsize/small firm or company.

Want more accounting career insight?

Check out our Accounting Career Guide!

Visit the guide

Entry level Tax Accountants at public firms stand to earn the most, but corporate Accountants experienced the greatest salary growth over last year.

Toronto is the best place to hatch your career in accounting, where salaries are 4.8% higher than the national average. New grads starting accounting careers in Calgary, Vancouver, Montreal, Edmonton and Ottawa can also expect to take home above-average pay cheques.

Keep reading to find out what the average entry level Public Accountant, Public Tax Accountant, corporate Accountant, corporate Analyst and corporate Internal Auditor salaries are for 2012:

Entry level Public Accountant salary

From 2011 to 2012, the average entry level Public Accountant (up to one year of experience) salary grew by 1.4% at large firms and 2.1% at midsize/small firms.

National averages:

  • Large firms: $42,250 to $51,000
  • Midsize/small firms: $37,750 to $48,500

Entry level Public Accountant salaries at large firms by location:

  1. Toronto: $44,278 to $53,448
  2. Calgary: $43,644 to $52,683
  3. Vancouver: $43,559 to $52,581
  4. Montreal: $43,475 to $52,479
  5. Edmonton: $42,926 to $51,816
  6. Ottawa: $42,461 to $51,255
  7. National average
  8. Kitchener-Waterloo: $40,348 to $48,705
  9. Victoria: $40,222 to $48,552
  10. Saskatoon: $40,095 to $48,399
  11. Regina: $39,377 to $47,532
  12. Winnipeg: $38,236 to $46,155
  13. Quebec City: $37,687 to $45,492

 

Entry level Public Tax Accountant salary

From 2011 to 2012, the average entry level Public Tax Accountant (one to three years of experience) salary grew by 1.5% at large firms and 2.1% at midsize/small firms.

National averages:

  • Large firms: $60,000 to $75,500
  • Midsize/small firms: $53,500 to $70,500

 

Entry level corporate Accountant salary

From 2011 to 2012, the average entry level corporate Accountant (up to one year of experience) salary grew by 2.8% at large companies and 5.1% at midsize/small companies.

National averages:

  • Large companies: $37,500 to $45,750
  • Mid-sized/small companies: $35,500 to $42,000

Entry level corporate Accountant salaries at large companies by location:

  1. Toronto: $39,300 to $47,946
  2. Calgary: $38,737 to $47,259
  3. Vancouver: $38,662 to $47,168
  4. Montreal: $38,587 to $47,076
  5. Edmonton: $38,100 to $46,482
  6. Ottawa: $37,687 to $45,978
  7. National average
  8. Kitchener-Waterloo: $35,812 to $43,691
  9. Victoria: $35,700 to $43,554
  10. Saskatoon:$35,587 to $43,416
  11. Regina: $34,950 to $42,639
  12. Winnipeg: $33,937 to $41,403
  13. Quebec City: $33,450 to $40,809

 

Entry level corporate Analyst salary

From 2011 to 2012, the average entry level corporate Analyst (one to three years of experience) salary grew by 3.1% at both large and midsize/small companies.

National averages:

  • Large companies: $41,000 to $49,250
  • Midsize/small companies: $37,000 to $46,000

 

Entry level corporate Internal Auditor salary

From 2011 to 2012, the average entry level corporate Internal Auditor (up to one year of experience) salary grew by 3.2% at large companies and 2.1% at midsize/small companies.

National averages:

  • Large companies: $54,000 to $66,000
  • Midsize/small companies: $47,250 to $59,750

 
Visit the Accounting Career Guide to learn more about careers in the accounting industry, and find student and entry level jobs from top accounting employers, including PwC, KPMG, Grant Thornton, BDO and more

Source: Robert Half’s 2012 Salary Guide, Accounting & Finance
With files from Ishani Nath

Share
About the author

Cassandra Jowett is TalentEgg's Content Manager. She joined the team as a student intern in the summer of 2008, and since then her heart has never really left the Egg Carton. Cassandra is a recent graduate of the Ryerson University School of Journalism, where she earned a Bachelor of Journalism with a focus in writing and editing for newspapers. She has also written and edited for The Globe and Mail, The National Post, t.o.night newspaper and other publications.