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: 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 Ontario

accounting technician
Prospects over the next 3 years
Fair

The employment outlook will be fair for Accounting technicians and bookkeepers (NOC 1311) in Ontario for the 2021-2023 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.

What Types of Employers Are Out There?

  • Employed in all major industries, but accounting, tax preparation, bookkeeping and payroll services account for the highest share of employment
  • Significant shares are also in retail trade, notably in grocery stores and automobile dealerships, and in construction.

What are the Main Trends Affecting Employment?

  • As accounting technicians and bookkeepers are employed across all industries, opportunities should be relatively consistent over the forecast period
  • Improvements in artificial intelligence bookkeeping technology may affect employment for these workers over the longer term.

What Skills Do I Need to Succeed?

  • In addition to other formal education, candidates are usually required to be proficient in using accounting software such as QuickBooks.

What Other Information Will I Find Helpful?

  • High share of individuals in this occupation work part time; self-employment is also relatively common
  • Flexibility may be required to work overtime at the end of financial reporting periods and during the federal tax season
  • The Canadian Institute of Bookkeeping, and the Institute of Professional Bookkeepers of Canada provide voluntary professional designations and additional courses, which can be beneficial for job seekers
  • In general:
    • Micro-credentials or short-term training courses and certification are being offered by post-secondary institutions to help job seekers upskill

Bridging Programs are also available to assist internationally trained professionals in various fields enter the labour market more quickly in the province.

Here are some key facts about Accounting technicians and bookkeepers in the Ontario region:

  • Approximately 61,050 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.

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

    Source Labour Market Information | Prospects Methodology

    To view this data on a map, go to: LMI Explore

    Labour market conditions over the next 10 years

    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.

    Learn more

Labour Market Information Survey
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