Job prospects Cost Accountant in Manitoba

Explore current and future job prospects for people working as a "cost accountant" in Manitoba or across Canada.

Job opportunities in Manitoba

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

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

• Stable economic growth and business activity expected over the forecast period will support opportunities in this occupation.
• Occupational growth is expected to remain stable, supported by the diversity of sectors and clients requiring services of financial auditors and accountants.
• Need for financial decision-making to support new markets and growth opportunities, and regulatory oversight to help reduce financial risks.

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

• Approximately 6,000 people work in this occupation.
• Financial auditors and accountants mainly work in the following sectors:
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 34%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 6%
  • Federal government public administration (NAICS 911): 6%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 94% compared to 81% for all occupations
  • Part-time workers: 6% compared to 19% for all occupations
• 83% of financial auditors and accountants work all year, while 17% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
• 15% 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: 51% compared to 53% for all occupations
  • Women: 49% compared to 47% 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 31% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 18% compared to 17% for all occupations
  • bachelor's degree: 56% compared to 20% for all occupations
  • university certificate, degree or diploma above bachelor level: 20% compared to 8% for all occupations

Breakdown by region

Explore job prospects in Manitoba 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 "cost accountant" Financial auditors and accountants (NOC 11100) or across Canada.

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