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Accounting and Related Clerks

What they do?

Accounting and related clerks perform some or all of the following duties:

A. Calculate, prepare and issue documents related to accounts such as bills, invoices, inventory reports, account statements and other financial statements using computerized and manual systems

B. Code, total, batch, enter, verify and reconcile transactions such as accounts payable and receivable, payroll, purchase orders, cheques, invoices, cheque requisitions, and bank statements in a ledger or computer system

C. Compile budget data and documents based on estimated revenues and expenses and previous budgets

D. Prepare period or cost statements or reports

E. Calculate costs of materials, overhead and other expenses based on estimates, quotations, and price lists

F. Respond to customer inquiries, maintain good customer relations and solve problems

G. Perform related clerical duties, such as word processing, maintaining filing and record systems, faxing and photocopying.

Where they find work?

1. Wholesale trade - 10.0%
2. Retail trade - 10.0%
3. Public administration - 9.0%
4. Accounting tax preparation bookkeeping and payroll services - 7.0%
5. Finance and insurance - 6.0%
6. Transportation and warehousing - 6.0%
7. Construction - 5.0%

What education do I need?

1. You usually need a high school diploma.

2. You may need a college program or other course in accounting, bookkeeping or computer operations.

3. If you are an accounting clerk, you may need to be bondable.

4. With additional training/experience, you may move up the ranks to become a supervisor or to a position requiring more skills such as bookkeeper.

5. Almost 3 in 10 have an undergraduate university degree.

High School Subject that will help:

1. Accounting
2. Math
3. Computer Basics - Word and Excel
4. English

What can you expect to make:

The average hourly wages for Accounting and Related Clerks is $15.78/HR, which is close to the average for occupations in the business, finance and administration sector and are close to the average for all intermediate occupations. These wages grew at an average rate from 2002 to 2004.

Average Wage

Accounting and Related Clerks wages

Expected Wage by Age

Accounting and Related Clerks Wage By Age

Unemployment:

4% of Accounting and Related Clerks are unemployed. This rate is close to the average for intermediate occupations.

Unemployment

Accounting and Related Clerks Unemployment

Trends in Unemployment

Accounting and Related Clerks Trends in Unemployment

Current Job Outlook:

The job outlook for Accounting and Related Clerks is considered Average because:

1. Employment grew at an average rate.

2. Hourly wages ($15.78) are close to the average ($18.07), and the rate of the wage growth is close to the average.

3. The unemployment rate (4%) is close to the 2004 average (7%).

Future Job Prospects:

Your job outlook will continue to be Average because:

1. The employment growth rate will likely be close to the average.

2. Although the retirement rate will likely be average, the number of retiring workers should contribute to job openings.

3. The number of job seekers will likely match the number of job openings.

Highest Concetration:

The highest concentrations (per 10,000 people) of Accounting and Related Clerks are found in Quebec and Manitoba while the lowest concentrations are in New Brunswick and Newfoundland.

Unionization Rate:

The unionization rate (22%) is below the average (32%) for all occupations.

Useful Experience:

1. Communication skills

2. Accounting and budgeting

3. Computer literacy

Part Time Workers

Accounting and Related Clerks Part Time Workers

Part time workers:


13% of Accounting and Related Clerks are employed only on a part-time basis. There were 179,800 workers employed in these occupations in 2004, an increase of 76% since 1997.

Age Demographics

Accounting and Related Clerks Age Demographics

Age Demographics:


The retirement rate to 2009 will likely be average influenced by a similar-to-average age of workers (39).

Self Employed

Accounting and Related Clerks Self Employed

Self Employed:


Roughly 3% of Accounting and Related Clerks are self-employed. This is considered Average for the industry as a whole.

Men vs Women

Accounting and Related Clerks Men vs Women

Men vs Women:


91% of the individuals employed as Accounting and Related Clerks are women. Compared to other industries, this is Above average.