Job prospects Financial Resources Service Coordinator in the Fredericton–Oromocto

Over the past few years (2021-2023), the labour market was balanced for Financial managers in the Fredericton–Oromocto. The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Financial managers (NOC 10010) in the Fredericton - Oromocto region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

• These managers are employed in financial and accounting departments across the public and private sector.
• Several years of experience in accounting, auditing, budgeting, financial planning and analysis or other financial activities are generally required.
• Accounting and audit managers may require a Chartered Professional Accountant (CPA) designation.
• Investment, treasury, or corporate finance managers may require a Chartered Financial Analyst (CFA) or other recognized financial designation.
• Candidates should by familiar with industry-specific software packages, as well as local laws and financial regulations.
• Prospects are greater in the province's larger urban centres (Fredericton, Moncton, and Saint John), where there are greater concentrations of financial services. However, an availability to work in rural areas will expand the number of opportunities.
• Knowledge of both French and English will be required in certain regions of the province.

Here are some key facts about Financial managers in the Fredericton - Oromocto region:

• Approximately 270 people worked in this occupation in May 2021.
• Financial managers mainly work in the following sectors:
  • Provincial and territorial public administration (NAICS 912): 20%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 16%
  • Retail Trade (NAICS 44-45): 10%
  • Federal government public administration (NAICS 911): 9%
  • Social assistance (NAICS 624): 9%

Source Labour Market Information | Prospects Methodology