Job prospects Financial Control Officer in the Fredericton–Oromocto

Over the past few years (2021-2023), the labour market was balanced for Financial auditors and accountants 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 good for Financial auditors and accountants (NOC 11100) in the Fredericton - Oromocto region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to several 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.

• In addition to working at accounting firms, financial auditors and accountants are employed throughout the economy, as they possess skills that are necessary for the functioning of any business, government or not-for-profit entity. As such, demand for these skills is expected to grow in line with population and economic growth.
• Increased application of technology, such as artificial intelligence and automation of routine tasks, may change the role of accountants and auditors going forward.
• Knowledge of tax laws and regulations, as well as analytical and communication skills will enhance job prospects. 
• In order to work in this field, a Chartered Professional Accountant (CPA) designation is required.
• Prospects are greater in the province's larger urban centres (Fredericton, Moncton and Saint John), where greater concentrations of business services already exist.

Here are some key facts about Financial auditors and accountants in the Fredericton - Oromocto region:

• Approximately 540 people work in this occupation.
• Financial auditors and accountants mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 34%
  • Provincial and territorial public administration (NAICS 912): 21%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 20%
  • Federal government public administration (NAICS 911): 7%

Source Labour Market Information | Prospects Methodology