Bookkeeper Job Overview Bookkeepers are financial professionals who maintain records of accounts and verify their ...
Bookkeeper Job Overview
Bookkeepers are financial professionals who maintain records of accounts and verify their accuracy. Duties include balancing accounts with computerized systems, maintaining ledgers, posting journal entries, and reconciling accounts. Bookkeepers may also handle payroll and other accounts payable, calculating and preparing cheques for these purposes.
Pension contribution and workers' compensation documents often fall under the supervision of a bookkeeper. Tax time is particularly busy for these professionals, as they're often responsible for preparing tax returns. Depending on the size and scope of the employer's organization, bookkeepers may be responsible for several other accounting and financial functions.
Bookkeeper Job Education Requirements
Bookkeepers must have a minimum of a secondary school education. This is typically combined with at least some advanced coursework in bookkeeping. Those without a formal degree may be able to compensate with extensive experience as an accounting clerk. Employers prefer a two or four year postgraduate education in accounting, bookkeeping, or a related area.
Bookkeeper Job Market
The job market for bookkeepers is best in Manitoba, Nunavut, Ontario, Québec, and the Yukon where job growth is expected to be excellent in coming years. Prince Edward Island and New Brunswick are forecasting moderate job growth for bookkeepers. Meanwhile, this occupation expects weak employment growth in Saskatchewan, the Northwest Territories, British Columbia, and Alberta. Job opportunities are expected to decline in Nova Scotia, Newfoundland, and Labrador.
Bookkeeper Job Salary Information
In Canada, the median hourly wage for bookkeepers is C$18.97. Overall, earnings range from a low of C$11.54 to a high of C$30.00 on the other end of the spectrum. Earnings are above average in British Columbia, Saskatchewan, Alberta, and the Yukon at C$19.00, C$19.50, C$22.00, and C$24.62 respectively. While most other provinces are close to the national median, bookkeepers command the lowest median earnings in Nova Scotia, where they earn just C$15.38 an hour.