Job prospects Financial Accountant in Québec

Explore current and future job prospects for people working as a "financial accountant" in Québec or Canada.

Job opportunities in Québec

Note: These outlooks were updated on November 29^th, 2023. Learn more about our methodology.

Prospects over the next 3 years

The employment outlook will be good for Financial auditors and accountants (NOC 11100) in Quebec 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 small number of unemployed workers with recent experience in this occupation.

The employment outlook for this occupational group depends primarily on the demand for accounting services. In addition, the ongoing need for accounting, to increase investments and track cash flow should create jobs for these professionals.

Rapid changes in accounting standards involve frequent updates to new rules. Moreover, the increasing number of these standards is making it more difficult for companies to manage them, which supports this profession.

Government measures to support businesses, in response to the economic slowdown, could increase the number of tasks related to grant applications or reporting on various assistance programs. Therefore, they could bolster the demand for accounting services.

While the employment outlook for this occupational group is good at the provincial level, it will be moderate in Gaspésie–Îles-de-la-Madeleine, Bas-Saint-Laurent and Outaouais.

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

• Approximately 42,050 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%
  • Finance, insurance, real estate and leasing (NAICS 52, 53): 10%
  • Provincial and territorial public administration (NAICS 912): 7%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 90% compared to 82% for all occupations
  • Part-time workers: 10% compared to 18% for all occupations
• 77% of financial auditors and accountants work all year, while 23% 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 46 weeks compared to 43 weeks for all occupations.
• 19% 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: 41% compared to 52% for all occupations
  • Women: 59% compared to 48% 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 19% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 19% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 17% compared to 22% for all occupations
  • bachelor's degree: 40% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 34% compared to 11% for all occupations

Breakdown by region

Explore job prospects in Québec by economic region.

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 "financial accountant" Financial auditors and accountants (NOC 11100) or Canada.

Learn more