careers.novascotia.ca

Accounting Technicians and Bookkeepers

print
NOC:1311
Occupation:Accounting Technicians and Bookkeepers
Category:Business, Finance, and Administration

About the job

Nature of work:

Accounting technicians and bookkeepers maintain complete sets of books, keep records of accounts, verify the procedures used for recording financial transactions, and provide personal bookkeeping services. They are employed throughout the private and public sectors, or they may be self-employed.

Job duties:
Accounting technicians and bookkeepers perform some or all of the following duties:
  • Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems.
  • Post journal entries and reconcile accounts, prepare trial balance of books, maintain general ledgers and prepare financial statements.
  • Calculate and prepare cheques for payrolls and for utility, tax and other bills.
  • Complete and submit tax remittance forms, workers' compensation forms, pension contribution forms and other government documents.
  • Prepare tax returns and perform other personal bookkeeping services.
  • Prepare other statistical, financial and accounting reports.
Sample job titles:
  • accounting bookkeeper
  • accounting technician
  • bookkeeper
  • bookkeeping clerk
  • budget officer
  • finance officer
  • financial officer
  • senior bookkeeper
Skills:

To work in this field, you need good mathematical skills and your work must be accurate. Good interpersonal and communication skills are important. Knowledge around manual and computerized accounting systems and software programs is needed. You should be cooperative and able to work as part of a team.

Job requirements:
  • Completion of secondary school is required.
  • Completion of a college program in accounting, bookkeeping or a related field or completion of two years (first level) of a recognized professional accounting program (e.g., Chartered Accounting, Certified General Accounting) or courses in accounting or bookkeeping combined with several years of experience as a financial or accounting clerk are required.
Other considerations:

Bookkeepers should be prepared to keep abreast of changing practices and technology. Progression to professional accounting jobs is possible with additional training.

Labour Market Information

Work Prospects:Good

The employment outlook over the next few years for this occupational group is “good”, which indicates the chances of a qualified individual finding work is better than average when compared to other occupations in Nova Scotia. This is a fairly large occupation in Nova Scotia so job opportunities occur fairly regularly. The number employed in this occupation is expected to grow slightly over the next few years, which should provide some additional opportunities for employment. With a large percent of workers being 55 years of age and older, retirements are expected to be a key contributor to employment opportunities over the coming years. Accounting Technicians and Bookkeepers may either be working full-time or part-time hours. Furthermore, the jobs are typically permanent positions.

The median employment income for 42% of Accounting Technicians and Bookkeepers who worked full-time, year-round in 2015 was $38,881. Across all occupations in Nova Scotia, 59% of those who worked full-time year round had a median employment income of $43,600.
(Source: 2016 Census)

OccupationEstimated employment in 2018Estimated change in employment between 2017 and 2019Estimated openings due to growth and retirements, 2017-2019Estimated rate of unemployment in 2018 Estimated hourly earnings in 2015 (learn more)Estimated annual earnings in 2015
Accounting Technicians and Bookkeepers3,075Weak growth235Moderate
Minimum: $14.00
Median: $20.00
Maximum: $30.00
Minimum: $3,790
Median: $24,895
Maximum: $54,509
Occupations in Business, Finance, and Administration63,775Moderate growth6,600Low
Minimum: $13.00
Median: $21.03
Maximum: $35.90
Minimum: $6,754
Median: $36,515
Maximum: $70,271
Accounting Technicians and BookkeepersCompared to: Occupations in Business, Finance, and Administration
Percent employed full-time59%81%
Percent self-employed1%7%
Where will I likely work?
Area of EmploymentAccounting Technicians and BookkeepersCompared to: All NS Occupations
% EmployedMedian Annual Income% EmployedMedian Annual Income
Southern18%$20,18612%$30,581
Northern19%$25,38816%$33,660
Cape Breton11%$21,48313%$32,974
Halifax35%$30,56147%$41,209
Annapolis Valley16%$22,39313%$32,958
What are the workers like?
AgeAccounting Technicians and BookkeepersCompared to: All Business, Finance, and Administration
% Employed% Employed
15-246%x
25-3413%6%
35-4416%19%
45-5425%36%
55-6426%28%
65+14%11%
Median Age5448
GenderAccounting Technicians and BookkeepersCompared to: Occupations in Business, Finance, and Administration
% Employed% Employed
Female88%73%
Male12%27%
EducationAccounting Technicians and BookkeepersCompared to: All Business, Finance, and Administration
% EmployedMedian Annual Income% EmployedMedian Annual Income
Less than high school6.3%$14,0014.7%$23,775
High school24.9%$29,12423.7%$30,074
Trades certificate6.7%$29,4195.8%$32,871
College certificate or diploma38.2%$32,16034.4%$33,837
University certificate or diploma3.1%$34,4123.0%$35,053
Bachelor's degree17.7%$45,21022.9%$39,473
University advanced certificate or diploma1.3%$43,3521.7%$40,672
Master's degreex$41,5923.6%$23,407
Doctorate1.6%x0.2%$48,614
Medicine, dentistry, veterinary, optometryxx0.1%$41,688
Total100%100%
Wage Disclaimer

Hourly earnings data are from the Labour Force Survey by Statistics Canada. Data are not available for all occupations. Hourly earnings are calculated based on usual hours worked per week. This is how an annual salary, for instance, gets converted to an hourly rate. The data include full and part-time workers along with new and experienced workers. Self-employed workers are excluded.

Annual employment income data reported in the Work Prospects section, are from the 2011 National Household Survey by Statistics Canada. Much of the data (around 70%) came directly from tax records. The data relates to the year 2010 and includes total wages and salaries and net income from self-employment.

Sources

Employment Requirements & Contacts

Regulations:
No regulating bodies were found under this occupation profile
Useful contacts:
International Association of Administrative Professionals (IAAP)
10502 N Ambassador Dr., Ste. 100
Kansas City, Missouri 64153
Tel: (816) 891-6600
Fax: (816) 891-9118
iaap.canadaeast@gmail.com

Training Paths & Education

Program Name:Accounting technology/technician and bookkeeping
Education Level:This program is typically offered at the trades/college level.
Program Description:
This instructional program class comprises any program that prepares individuals to provide technical administrative support to professional accountants and other financial management personnel. These programs include courses in posting transactions to accounts, record-keeping systems, accounting software operation, and general accounting principles and practices.
See all institutions providing this program+
Maritime Business College - Dartmouth
45 Ochterloney Street, Suite 100
Dartmouth, NS B2Y 2N6
(902) 463-6700
admissions@maritimebusinesscollege.ca
Eastern College - Halifax
6940 Mumford Road, Suite 111
Halifax, NS B3L 0B7
(902) 423-3933
Academy of Learning - Halifax
6960 Mumford Road, Suite 155-1st Floor Mumford Professional Centre
Halifax, NS B3L 4P1
(902) 455-3395
careers@aolhrm.com
Centre for Distance Education
222 George Street, Suite C
Sydney, NS B1P 1J3
(866) 446-5898
info@cd-ed.com
Mount Saint Vincent University
166 Bedford Highway
Halifax, NS B3M 2J6
(902) 457-6117
admissions@msvu.ca
Nova Scotia Community College - Cumberland Campus
PO Box 550, 1 Main Street
Springhill, NS B0M 1X0
(902) 597-3737
cumberland.info@nscc.ca
Nova Scotia Community College - Burridge Campus
372 Pleasant Street
Yarmouth, NS B5A 2L2
(902) 742-3501
burridge.info@nscc.ca
Nova Scotia Community College - Kingstec Campus
236 Belcher Street
Kentville, NS B4N 0A6
(902) 678-7341
kingstec.info@nscc.ca
Nova Scotia Community College - Lunenburg Campus
75 High Street
Bridgewater, NS B4V 1V8
(902) 543-4608
lunenburg.info@nscc.ca
Nova Scotia Community College - Pictou Campus & School of Fisheries
PO Box 820, 39 Acadia Avenue
Stellarton, NS B0K 1S0
(902) 752-2002
pictou.info@nscc.ca
Nova Scotia Community College - Strait Area Campus & Nautical Institute
226 Reeves Street
Port Hawkesbury, NS B9A 2A2
(902) 625-2380
strait.info@nscc.ca
Nova Scotia Community College - Marconi Campus
PO Box 1042, 1240 Grand Lake Road
Sydney, NS B1P 6J7
(902) 563-2450
marconi.info@nscc.ca
Nova Scotia Community College - Truro Campus
36 Arthur Street
Truro, NS B2N 1X5
(902) 893-5385
truro.info@nscc.ca
Nova Scotia Community College - Waterfront Campus & Aviation Institute
80 Mawiomi Place
Dartmouth, NS B2Y 0A5
(902) 491-1100
waterfront.info@nscc.ca
Program Name:Finance - General
Education Level:This program is typically offered at the college or university level.
Program Description:
This instructional program class comprises any program that generally prepares individuals to plan, manage, and analyse the financial and monetary aspects and performance of business enterprises, banking institutions, or other organizations. These programs include courses in principles of accounting; financial instruments; capital planning; funds acquisition; asset and debt management; budgeting; financial analysis; and investments and portfolio management.
See all institutions providing this program+
Acadia University
15 University Avenue
Wolfville, NS B4P 2R6
(902) 542-2201
agi@acadiau.ca
Dalhousie University
Office of the Registrar
Halifax, NS B3H 4R2
(902) 494-2450
admissions@dal.ca
Mount Saint Vincent University
166 Bedford Highway
Halifax, NS B3M 2J6
(902) 457-6117
admissions@msvu.ca
St. Francis Xavier University
PO Box 5000
Antigonish, NS B2G 2W5
(902) 867-2219
admit@stfx.ca
Saint Mary's University
923 Robie Street
Halifax, NS B3H 3C3
(902) 420-5400
admission.status@smu.ca
Cape Breton University
PO Box 5300 1250 Grand Lake Road
Sydney, NS B1P 6L2
(888) 959-9995
registrar@cbu.ca
Nova Scotia Community College - Kingstec Campus
236 Belcher Street
Kentville, NS B4N 0A6
(902) 678-7341
kingstec.info@nscc.ca
Nova Scotia Community College - Waterfront Campus & Aviation Institute
80 Mawiomi Place
Dartmouth, NS B2Y 0A5
(902) 491-1100
waterfront.info@nscc.ca
Program Name:Human resources management and services - Other
Education Level:This program may be offered at the college, trades, or university level.
Program Description:
This instructional program class comprises any program not listed above that relates to Human Resources Management and Services.
See all institutions providing this program+
Eastern College - Halifax
6940 Mumford Road, Suite 111
Halifax, NS B3L 0B7
(902) 423-3933
Additional resources:

There are no additional resources for this occupation.