Job prospects Accountant in New Brunswick

Job opportunities for Financial auditors and accountants (NOC 1111) are good in New Brunswick over the next 3 years. These job prospects are also applicable to people working as an accountant.

Note: These employment prospects were published in December 2021 based on the information available at the time of analysis. The next update will be in December 2022. To learn more, see our FAQs. You can also find additional information on the Canadian Online Job Posting Dashboard.

Job opportunities in New Brunswick

accountant
Prospects over the next 3 years
Good

The employment outlook will be good for Financial auditors and accountants (NOC 1111) in New Brunswick for the 2021-2023 period.

The following factors contributed to this outlook:

  • Employment is expected to remain relatively stable.
  • Several positions will become available due to retirements.
  • There are a small number of unemployed workers with recent experience in this occupation.

Since the creation of the Chartered Professional Accountant (CPA) designation in 2014, enrollment numbers in New Brunswick have declined compared to those under the three designations that the CPA replaced. As fewer graduates enter the labour force in the short-term, this will generate a shortage of professional accountants, going forward. Prospects are greater in the province's larger urban centres (Fredericton, Moncton and Saint John), where greater concentrations of related services already exist.

Here are some key facts about Financial auditors and accountants in the New Brunswick region:

  • Approximately 2,750 people work in this occupation.
  • Financial auditors and accountants mainly work in the following sectors:
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 40%
    • Federal government public administration (NAICS 911): 8%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 91% compared to 83% for all occupations
    • Part-time workers: 9% compared to 17% for all occupations
  • 79% of financial auditors and accountants work all year, while 21% work only part of the year, compared to 60% and 40% respectively among all occupations. Those who worked only part of the year did so for an average of 30 weeks compared to 29 weeks for all occupations.
  • 15% of financial auditors and accountants are self-employed compared to an average of 8% for all occupations.
  • Breakdown by region

    Explore job prospects in New Brunswick by economic region.

    Legend: The job opportunities can be: Undetermined Limited Fair Good

    Source Labour Market Information | Prospects Methodology

    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 Financial auditors and accountants (NOC 1111) will be balanced in Canada over the next 10 years.

    Learn more

Labour Market Information Survey
Date modified: