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Chief Accounting Officer information

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$11K

$197.9K

$375K

How much do chief accounting officer jobs pay per year?

As of Aug 20, 2026, the average yearly pay for chief accounting officer in the United States is $197,873.00, according to ZipRecruiter salary data. Most workers in this role earn between $131,000.00 and $278,000.00 per year, depending on experience, location, and employer.

What is a chief accounting officer?

A Chief Accounting Officer (CAO) is a senior executive responsible for overseeing all accounting functions within an organization. They ensure the accuracy of financial reporting, compliance with regulatory requirements, and the implementation of accounting policies and procedures. The CAO typically manages teams handling general ledger, accounts payable and receivable, and financial audits. This role often works closely with the Chief Financial Officer (CFO) to provide insights on financial risks and strategies. The CAO plays a critical part in maintaining the financial integrity and transparency of the company.

What does a chief accounting officer do?

The responsibilities of a chief accounting officer (CAO) include leading the accounting department of a business and managing its day-to-day operations. In this career, you prepare the budget and regulatory reporting and monitor and analyze finances relative to the budget or other metrics. Other duties include leading the accounting staff, putting together monthly, quarterly, and annual financial reporting, including audited financial statements, studying historical financial reporting, and managing general accounting, such as accounts receivable and payable and fixed assets. You are also expected to oversee accounting for payroll, workers’ comp, healthcare, bonuses, bank reconciliations, and more. You prepare presentations and provide information for cost reports to analyze the financial position of the business while providing recommendations to improve performance.

What are the key skills and qualifications needed to thrive as a chief accounting officer, and why are they important?

To thrive as a Chief Accounting Officer, you need extensive experience in accounting, financial management, and regulatory compliance, typically backed by a CPA, MBA, or equivalent qualification. Mastery of enterprise resource planning (ERP) systems like SAP or Oracle, along with deep familiarity with GAAP and SOX compliance, is essential. Strategic leadership, analytical thinking, and strong communication skills set top performers apart in this executive role. These skills ensure the organization's financial integrity, support effective decision-making, and foster trust with stakeholders.

What are some of the main challenges a chief accounting officer faces when integrating new financial technologies within an existing organization?

Chief Accounting Officers often encounter challenges when implementing new financial technologies, such as ensuring data integrity during system migrations, aligning new tools with established accounting processes, and training staff on updated workflows. Balancing regulatory compliance and internal controls with the need for innovation can be complex, especially in large organizations with legacy systems. Successful integration typically requires close collaboration with IT, finance, and compliance teams, as well as a clear change management strategy to minimize disruptions.

What is the difference between Chief Accounting Officer vs Controller?

AspectChief Accounting OfficerController
Primary FocusOversees overall accounting strategy, compliance, and financial reporting at a strategic levelManages day-to-day accounting operations, financial statements, and internal controls
CredentialsTypically CPA, extensive accounting experience, leadership skillsOften CPA or CMA, strong accounting background, operational expertise
Work EnvironmentExecutive-level, strategic planning, cross-department collaborationOperational, detail-oriented, team management
Industry UsageCommon in large corporations, finance, and publicly traded companiesWidely used in organizations of various sizes, especially in finance and manufacturing

The Chief Accounting Officer and Controller roles both require strong accounting credentials and are integral to financial management. The CAO focuses on strategic oversight and compliance, while the Controller handles daily accounting operations. Understanding these differences helps organizations assign responsibilities effectively and aligns career paths for accounting professionals.

What does a chief accounting officer make?

A Chief Accounting Officer (CAO) typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the company's size, industry, and location. They often receive bonuses, stock options, and other benefits, and are responsible for overseeing accounting operations, financial reporting, and compliance within an organization.

What cities are hiring for Chief Accounting Officer jobs?

Cities with the most Chief Accounting Officer job openings:

What are the most commonly searched types of Chief Accounting Officer jobs?

The most popular types of Chief Accounting Officer jobs are:

What states have the most Chief Accounting Officer jobs?

States with the most job openings for Chief Accounting Officer jobs include:

Infographic showing various Chief Accounting Officer job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $197,873 per year, or $95.1 per hour.

Chief Accounting Officer - Durham, NC

Fortrea

Durham, NC • On-site

Full-time

Posted 19 days ago


Fortrea rating

8.3

Company rating: 8.3 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

26th of 74 rated research


Job description

Job Overview:

The Chief Accounting Officer is a senior Finance leader responsible for Fortrea's global accounting, external reporting, internal controls, and compliance environment. This role leads the accounting organization, including record-to-report and payroll-related accounting processes, oversees external auditor relationships and annual audit activities, and partners closely with the CFO and cross-functional leaders to support disciplined decision-making and scalable finance transformation. The Chief Accounting Officer provides technical accounting leadership, supports strategic growth initiatives, and strengthens global accounting processes through public-company reporting expertise, enterprise leadership, and continuous improvement. He/she further serves as the designated Principal Accounting Officer for SEC financial statement certification.

Summary of Responsibilities:

Accounting Leadership, Close & Reporting

  • Lead Fortrea's global accounting function, including corporate accounting, record-to-report, consolidation, close management, payroll-related accounting, technical accounting, and accounting operations.

  • Oversee timely and accurate monthly, quarterly, and annual close processes, driving a disciplined close calendar, clear ownership, and resolution of material accounting matters.

  • Lead external financial reporting processes, including SEC reporting, financial statement preparation, earnings support, and related disclosure controls in partnership with the CFO, Legal, Investor Relations, and external advisors.

  • Establish, maintain, and interpret accounting policies, ensuring compliance with US GAAP, SEC requirements, applicable company policies, and evolving regulatory standards.

  • Provide technical accounting leadership for complex transactions, including revenue recognition, business combinations, restructuring, impairments, equity, compensation, leases, debt, and other significant accounting matters.

Controls, Compliance & Audit Governance

  • Own the design, execution, and continuous improvement of internal control over financial reporting, including SOX compliance, control remediation, and partnership with Internal Audit and external auditors.

  • Lead the external auditor relationship and annual audit process, ensuring audit readiness, quality deliverables, issue resolution, and transparent escalation of key matters.

  • Support Audit Committee and executive leadership discussions by preparing clear, concise updates on financial reporting, technical accounting, finance policies, control status, audit progress, and critical projects.

  • Promote and establish a culture of accountability, ethical conduct, compliance, and strong financial governance across the global accounting organization.

  • Identify, assess, and escalate financial reporting, control, compliance, and audit risks with clear recommendations and executive-level judgment.

Finance Transformation & Operational Excellence

  • Drive accounting transformation initiatives, including process standardization, automation, shared services optimization, finance systems improvements, scalable operating model design, and stronger end-to-end accounting workflows.

  • Co-manage external contractor partnerships

  • Identify and sponsor opportunities to improve close efficiency, data quality, reporting reliability, transparency, controls, and controllership capabilities while reducing manual effort across regions and functions.

  • Support potential M&A, integration, capital structure and other strategic processes

Leadership, Talent & Business Partnership

  • Build, lead, and develop a high-performing global accounting team with clear roles, succession depth, technical capability, and strong engagement.

  • Provide enterprise-level counsel to the CFO and senior leaders on accounting implications, reporting risks, operational decisions, and regulatory considerations.

  • Collaborate with FP&A, Tax, Treasury, Investor Relations, Legal, HR, Procurement, and business unit leaders while representing Accounting in cross-functional governance forums, transformation programs, and strategic initiatives requiring financial reporting or control expertise.

  • Perform all other duties as needed or assigned.

Travel: This role may require occasional domestic and international travel, estimated at approximately 10-20%, based on business, audit, leadership, and transformation needs.

Qualifications (Minimum Required):

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.

  • Certified Public Accountant (CPA) or equivalent professional accounting qualification required where applicable to the role and jurisdiction.

  • Comprehensive knowledge of US GAAP, SEC reporting, SOX, internal controls, financial statement preparation, external audit processes, public-company reporting obligations, and complex technical accounting matters.

  • Deep experience with revenue recognition in project-based, long-term contract environments, including ASC 606, legacy ASC 605 considerations, contract modifications, pass-through costs, reimbursables, and CRO-specific revenue accounting practices.

  • Experience overseeing global statutory reporting, local audits, legal entity accounting, and coordination across regional finance teams.

  • Experience supporting SEC filings, including Form 10-K, Form 10-Q, earnings materials, disclosure controls, and Audit Committee reporting.

  • Experience leading accounting activities related to M&A, divestitures, integrations, purchase accounting, and complex restructuring initiatives.Demonstrated ability to lead global accounting teams and external contractors, manage complex reporting deadlines, advise executive stakeholders, and operate effectively in a matrixed, global environment across Finance, Legal, Tax, Treasury, Investor Relations, HR, IT, and business leadership.

  • Strong business judgment, executive communication, enterprise leadership, problem-solving, collaboration, change leadership, and ethical decision-making skills.

  • Fortrea may consider relevant and equivalent experience and successful project outcomes in lieu of educational requirements.

Experience (Minimum Required):

  • 15+ years of progressive accounting, controllership, external reporting, audit, or finance leadership experience, including substantial experience in a public-company environment.

  • 10+ years experience in senior leadership (CAO, Corporate Controller, VP Finance & Accounting, or equivalent senior finance leader).

  • Executive-level experience leading accounting organizations, external financial reporting, SOX/control frameworks, global close processes, and audit relationships.

  • Experience presenting to or supporting Audit Committee, Board, executive leadership, external auditor, and investor-facing processes.

  • Experience leading finance transformation, process automation, shared services, ERP or finance systems initiatives, and global operating model improvements.

  • Experience in global and regulated industries preferred; clinical research, pharmaceutical services, healthcare, technology, or similarly complex environments are advantageous.

Physical Requirements:

  • Ability to work in an upright and/or stationary position for 6-8 hours per day.

  • Repetitive hand movement of both hands with the ability to make fast, simple, repeated movements of the fingers, hands, and wrists to operate lab equipment.

  • Occasional crouching, stooping, with frequent bending and twisting of upper body and neck.

  • Ability to access and use a variety of computer software developed both in-house and off-the-shelf.

  • Light to moderate lifting and carrying, or moving of objects, including luggage and laptop computer with a maximum lift of 15-20 lbs.

  • Regular and consistent attendance.

  • Varied hours may be required.

Work Environment:

  • Work is performed in an office environment with exposure to electrical office equipment.

  • Occasional drives to site locations may be required.

Application Deadline: August 14, 2026

Learn more about our EEO & Accommodations request here.


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