Accounting and Related Clerks

National Occupational Classification (NOC): 14200

Fast Facts

  • Average Pay: N/A
  • Future Growth: N/A
  • Skill Level: N/A
  • Employment Size: N/A
  • Unemployment: N/A
  • Full-time Share: N/A

Sample Job Titles

  • Accounts payable clerk
  • Accounts receivable clerk
  • Audit clerk
  • Billing clerk
  • Budget clerk
  • Deposit clerk
  • Finance clerk
  • Freight-rate clerk
  • Ledger clerk
  • Tax clerk


What do accounting and related clerks do?

Accounting and related clerks calculate, prepare and process bills, invoices, accounts payable and receivable, budgets and other financial records according to established procedures. They are employed throughout the private and public sectors.

Accounting and related clerks perform some or all of the following duties:

  • Calculate, prepare and issue documents related to accounts such as bills, invoices, inventory reports, account statements and other financial statements using computerized and manual systems.
  • Code, total, batch, enter, verify and reconcile transactions such as accounts payable and receivable, payroll, purchase orders, cheques, invoices, cheque requisitions, and bank statements in a ledger or computer system.
  • Compile budget data and documents based on estimated revenues and expenses and previous budgets.
  • Prepare period or cost statements or reports.
  • Calculate costs of materials, overhead and other expenses based on estimates, quotations, and price lists.
  • Respond to customer inquiries, maintain good customer relations and solve problems.
  • Perform related clerical duties, such as word processing, maintaining filing and record systems, faxing and photocopying.

Source: National Occupational Classification (NOC) 2021, Employment and Social Development Canada

 

Accounting, payroll and related clerks primarily work in the following subsectors (NAICS) in Newfoundland and Labrador:

  • 541   Professional, scientific and technical services
  • 911   Federal government public administration
  • 912   Provincial and territorial public administration
  • 238   Specialty trade contractors
  • 913   Local, municipal and regional public administration
  • 441   Motor vehicle and parts dealers
  • 611   Educational services
  • 622   Hospitals
  • 236   Construction of buildings
  • 311   Food manufacturing
  • 488   Support activities for transportation
  • 531   Real estate
  • 561   Administrative and support services
  • 813   Religious, grant-making, civic, and professional and similar organizations
  • 517   Telecommunications
  • 524   Insurance carriers and related activities

Source: Census 2021, Statistics Canada.

 

Occupation Projections for 2022-2031 (Summer 2022)

Short Term Projections for 2023-2025

The employment outlook will be moderate for accounting and related clerks in Newfoundland and Labrador (rating of 3 out of 5) for the 2023-2025 period.

Source: Job Bank, Government of Canada

 

Long Term Projections for 2023-2032

Accounting and related clerks belong to the broader occupational group 1420 (Financial, insurance and related administrative support workers). This group is forecast to be tightening (rating of 2.9 out of 4) over the next several years, meaning new labour supply will be required to meet anticipated job openings.

Source: Department of Finance, Occupation Projections (Summer 2023)

 

Number of Job Postings in 2023

During 2023, there were 207 public job postings for this occupation, with the following distribution:

Avalon: 76% Western: 8%
Eastern: 2% Labrador: 5%
Central: 8% NL-unspecified: 0%

Source: Lightcast (note: data used in this analysis reflects new unique monthly postings which are totaled for the calendar year).



Who works as accounting and related clerks in Newfoundland and Labrador?

During the reference week of May 2021, there were approximately 1,750 people working in this occupation in Newfoundland and Labrador. 16% of those employed were Male+ and 84% of those employed were Female+.

Here is the age group breakdown for this group of workers:

15 to 24 25 to 54 55 to 64 65+
5% 61% 25% 9%

Source: Census 2021, Statistics Canada.

 

How much do accounting, payroll and related clerks make?

Annual Earnings

The median employment income for all accounting and related clerks in the reference year 2020 (1,975 workers in total, including those working part-time and full-time, as well as part-year and full-year) was $42,800.

Source: Census 2021, Statistics Canada.

 

Hourly Earnings

Salary information for accounting and related clerks in Newfoundland and Labrador is as follows:

Low ($/hour) Median ($/hour) High ($/hour)
Newfoundland and Labrador $15.25 $22.50 $32.29

 

The following low, median, and high wages are for Canada:

Low ($/hour) Median ($/hour) High ($/hour)
$17.00 $23.53 $34.62

Source: Job Bank, Government of Canada

 

Most Frequently Sought Skills from Job Postings (2023)

  • Accounting
  • Accounts Payable
  • Bookkeeping
  • Invoicing
  • Accounts Receivable
  • Finance
  • Accounting Software
  • Financial Statements
  • Data Entry
  • Deposit Accounts

Source:  Lightcast



What training is required?

  • Completion of secondary school is usually required.
  • Completion of college or other courses certified by the Certified General Accountants Association of Canada, Canadian Securities Institute or Canadian Bookkeepers Association may be required.
  • Some accounting clerks must be bondable.
  • Progression to supervisory or skilled financial occupations, such as accounts payable supervisor, bookkeeper or office manager is possible with additional training and experience.

Source: National Occupational Classification (NOC) 2021, Employment and Social Development Canada

* Find public and private education, training and skills development opportunities in Newfoundland and Labrador here.

 

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