Accounting technicians and bookkeepers

National Occupational Classification (NOC): 12200

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

  • Accounting bookkeeper
  • Accounting technician
  • Bookkeeper
  • Finance technician
  • Financial officer
  • Financial services administrator - Canadian Armed Forces


What do accounting technicians and bookkeepers do?

Accounting technicians and bookkeepers maintain complete sets of books, keep records of accounts, verify the procedures used for recording financial transactions, and provide personal bookkeeping services. They are employed throughout the private and public sectors, or they may be self-employed.

Accounting technicians and bookkeepers perform some or all of the following duties:

  • Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems.
  • Post journal entries and reconcile accounts, prepare trial balance of books, maintain general ledgers and prepare financial statements.
  • Calculate and prepare cheques for payrolls and for utility, tax and other bills.
  • Complete and submit tax remittance forms, workers’ compensation forms, pension contribution forms and other government documents.
  • Prepare tax returns and perform other personal bookkeeping services.
  • Prepare other statistical, financial and accounting reports.

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

 

Accounting technicians and bookkeepers primarily work in the following subsectors (NAICS) in Newfoundland and Labrador:

  •  541   Professional, scientific and technical services
  • 912   Provincial and territorial public administration
  • 236   Construction of buildings
  • 238   Specialty trade contractors
  • 611   Educational services
  • 484   Truck transportation
  • 811   Repair and maintenance
  • 813   Religious, grant-making, civic, and professional and similar organizations
  • 722   Food services and drinking places
  • 114   Fishing, hunting and trapping
  • 621   Ambulatory health care services
  • 445   Food and beverage services

Source: Census 2021, Statistics Canada.

 

Short and Long Term Occupational Projections

Short Term Projections for 2023-2025

The employment outlook will be good for Accounting technicians and bookkeepers 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

The outlook for accounting technicians and bookkeepers is forecast to be tightening (rating of 3.1 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 107 public job postings for this occupation, with the following distribution:

Avalon:  76% Western:     5%
Eastern:  2% Labrador:   9%
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 technicians and bookkeepers in Newfoundland and Labrador?

During the reference week of May 2021, there were approximately 900 people working in this occupation in Newfoundland and Labrador. 21% of those employed were Male+ and 80% 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+
3% 61% 21% 15%

Source: Census 2021, Statistics Canada.

 

How much do accounting technicians and bookkeepers make?

Annual Earnings

The median employment income for all accounting technicians and bookkeepers in the reference year 2020 (1,150 workers in total, including those working part-time and full-time, as well as part-year and full-year) was $36,800.

Source: Census 2021, Statistics Canada.

 

Hourly Earnings

Salary information for accounting technicians and bookkeepers in Newfoundland and Labrador is as follows:

Low ($/hour) Median ($/hour) High ($/hour)
Newfoundland and Labrador $17.00 $25.36 $38.46

 

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

Low ($/hour) Median ($/hour) High ($/hour)
$17.71 $25.20 $41.21

Source: Job Bank, Government of Canada

 

Most Frequently Sought Skills from Job Postings (2023)

  • Bookkeeping
  • Accounting
  • Financial Statements
  • Accounts Payable
  • Ledgers (Accounting)
  • Fixed Asset
  • Trial Balance
  • Depreciation
  • Tax Returns
  • QuickBooks (Accounting Software)

Source: Lightcast



What training is required?

  • Completion of secondary school is required.
  • Completion of a college program in accounting, bookkeeping or a related field
    or
    Completion of two years (first level) of a recognized professional accounting program (e.g., Chartered Accounting, Certified General Accounting)
    or
    Courses in accounting or bookkeeping combined with several years of experience as a financial or accounting clerk are required.
  • Progression to professional accounting occupations is possible with additional training.

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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