Job prospects Finance Technician in New Brunswick

Explore current and future job prospects for people working as a "finance technician" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Good

The employment outlook will be good for Accounting technicians and bookkeepers (NOC 12200) in New Brunswick 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.
  • Computing skills are important for these positions as most work is carried out on accounting, bookkeeping and taxation software.
  • Bookkeeping work is also increasingly being carried-out in conjunction with a broad range of office administration-related tasks like payroll, reporting, procurement, etc., and, as such, individuals may require knowledge of other software packages and office procedures.
  • Formal education is generally not a necessity, though employers will occasionally require some on-the-job training. Job prospects are improved for individuals with a proficiency in using the related software (for example, QuickBooks, SAGE or Simply Accounting).

Here are some key facts about Accounting technicians and bookkeepers in New Brunswick:

  • Approximately 3,500 people work in this occupation.
  • Accounting technicians and bookkeepers mainly work in the following sectors:
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 24%
    • Other retail stores (NAICS 44-45, except 445): 10%
    • Construction (NAICS 23): 9%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 72% compared to 84% for all occupations
    • Part-time workers: 28% compared to 16% for all occupations
  • 71% of accounting technicians and bookkeepers work all year, while 28% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 45 weeks compared to 42 weeks for all occupations.
  • 18% of accounting technicians and bookkeepers are self-employed compared to an average of 10% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 13% compared to 52% for all occupations
    • Women: 87% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 11% for all occupations
    • high school diploma or equivalent: 28% compared to 30% for all occupations
    • apprenticeship or trades certificate or diploma: 10% compared to 12% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 41% compared to 23% for all occupations
    • bachelor's degree: 17% compared to 16% for all occupations
    • university certificate, degree or diploma above bachelor level: less than 5% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick 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 a "finance technician" Accounting technicians and bookkeepers (NOC 12200) or across Canada.

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Labour Market Information Survey
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