Job prospects Income Tax Expert in Manitoba

Explore current and future job prospects for people working as an "income tax expert" in Manitoba or across Canada.

Job opportunities in Manitoba

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Good

The employment outlook will be good for Financial auditors and accountants (NOC 11100) in Manitoba for the 2023-2025 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 moderate number of unemployed workers with recent experience in this occupation.
  • Stable economic growth and business activity expected over the forecast period will support opportunities in this occupation.
  • Occupational growth is expected to remain stable, supported by the diversity of sectors and clients requiring services of financial auditors and accountants.
  • Need for financial decision-making to support new markets and growth opportunities, and regulatory oversight to help reduce financial risks.

Here are some key facts about Financial auditors and accountants in Manitoba:

  • Approximately 6,000 people work in this occupation.
  • Financial auditors and accountants mainly work in the following sectors:
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 34%
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 6%
    • Federal government public administration (NAICS 911): 6%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 94% compared to 81% for all occupations
    • Part-time workers: 6% compared to 19% for all occupations
  • 83% of financial auditors and accountants work all year, while 17% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
  • 15% of financial auditors and accountants are self-employed compared to an average of 12% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 51% compared to 53% for all occupations
    • Women: 49% compared to 47% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 12% for all occupations
    • high school diploma or equivalent: less than 5% compared to 31% for all occupations
    • apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 18% compared to 17% for all occupations
    • bachelor's degree: 56% compared to 20% for all occupations
    • university certificate, degree or diploma above bachelor level: 20% compared to 8% for all occupations

Breakdown by region

Explore job prospects in Manitoba by economic region.

Legend

0 out of 5 stars
Undetermined
1 out of 5 stars
Very limited
2 out of 5 stars
Limited
3 out of 5 stars
Moderate
4 out of 5 stars
Good
5 out of 5 stars
Very good

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as an "income tax expert" Financial auditors and accountants (NOC 11100) or across Canada.

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Labour Market Information Survey
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