Job prospects Accounting Technician in Ontario
Job opportunities for Accounting technicians and bookkeepers (NOC 1311) are fair in Ontario over the next 3 years. These job prospects are also applicable to people working as an accounting technician.
Note that these employment prospects were published in December 2019 based on information available at that time. You can read our new special report to learn about the impact of COVID-19 on some occupations in your province or territory. You can also visit the Canadian Online Job Posting Dashboard to find the latest data on the demand and work requirements for this occupation.
Job opportunities in Ontario
The employment outlook will be fair for Accounting technicians and bookkeepers (NOC 1311) in Ontario for the 2019-2021 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Employment in this occupation has been relatively stable in Ontario over the past decade and has shown some improvement of late. Accounting technicians and bookkeepers are employed in nearly all industries, but accounting, tax preparation, bookkeeping and payroll services account for the highest share of employment.
The variety of businesses employing and using the services of accounting technicians and bookkeepers provide an advantage for candidates seeking employment in this occupation. However, over the next few years, job opportunities may be moderated or roles altered, due to improvements in computer-based technology and the increasing use of accounting, bookkeeping and taxation software.
In addition to other relevant education, job prospects will improve for individuals with a proficiency with related software, for example, QuickBooks and Microsoft Dynamics GP. Organizations such as the Canadian Institute of Bookkeeping and the Institute of Professional Bookkeepers Canada also provide voluntary certification and additional courses which can be beneficial. Individuals who are available to work part time or overtime at the end of financial reporting periods and during the federal tax season may have better job prospects.
Some job openings will arise from the need to replace workers who progress to more professional accounting occupations with additional training. A fair amount of opportunities are also available for self-employment.
Here are some key facts about Accounting technicians and bookkeepers in the Ontario region:
- Approximately 63,400 people work in this occupation.
- Accounting technicians and bookkeepers mainly work in the following sectors:
- Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 28%
- Construction (NAICS 23): 8%
- Other retail stores (NAICS 44-45, except 445): 7%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 65% compared to 79% for all occupations
- Part-time workers: 35% compared to 21% for all occupations
- 69% of accounting technicians and bookkeepers work all year, while 31% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 31 weeks compared to 31 weeks for all occupations.
- 26% of accounting technicians and bookkeepers are self-employed compared to an average of 12% for all occupations.
Breakdown by region
Explore job prospects in Ontario by economic region.
|Hamilton–Niagara Peninsula Region||Fair Fair|
|Kingston–Pembroke Region||Fair Fair|
|Kitchener–Waterloo–Barrie Region||Fair Fair|
|London Region||Fair Fair|
|Muskoka–Kawarthas Region||Fair Fair|
|Northeast Region||Fair Fair|
|Northwest Region||Fair Fair|
|Ottawa Region||Fair Fair|
|Stratford–Bruce Peninsula Region||Fair Fair|
|Toronto Region||Fair Fair|
|Windsor-Sarnia Region||Fair Fair|
You can also look at this data on a map. Go to LMI Explore
Job prospects elsewhere in Canada
We expect that the labour supply and demand for Accounting technicians and bookkeepers (NOC 1311) will be balanced in Canada over the next 10 years.
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