How to Immigrate to Canada as an Accountant
How to Immigrate to Canada as an Accountant
Are you an accountant thinking of moving to Canada? You have put a lot of effort and years of research into your decision to become an accountant. The short answer is no. If you are wondering if your efforts to immigrate to Canada as an accountant will be in vain.Accountants are in great need right now. Therefore, for accountants looking to migrate to Canada, now is the perfect time.
If you’re wondering if it’s hard to immigrate to Canada as an accountant right away, it’s not. The Immigration and Refugee Council of Canada (IRCC) is a highly qualified organization with specialized immigration programs to make immigration intentions as effective as possible.
Highly skilled workers are not a problem in Canada. In fact, he arrives at one of the world’s most educated adult populations. A staggering 61% of people between the ages of 25 and her 64 have completed post-secondary education and almost 32% have a bachelor’s degree or above. However, Canada needs help to meet labor market demands.
Canada’s workforce is aging rapidly as the economy grows, and there are not enough young people to fill both the vacancies and jobs created each year. Canada is looking outside for a solution to this problem. For more information on immigration programs, employment prospects, and living in Canada, read on if you are seriously considering moving to Canada.
Immigrate to Canada as an Accountant: Job Description
Corporate or personal financial accounts are checked and created for accuracy by educated and experienced accountants. An accountant’s primary responsibilities include verifying the accuracy of financial records and complying with all applicable rules and regulations.
In today’s business world, accountants are not only custodians of financial data, but also trusted advisors whose knowledge and experience help them make business decisions across departments and industries. There are numerous accounting, tax, auditing, and financial management opportunities for qualified accountants in Canada. Whether you just graduated with a bachelor’s degree in accounting or previously held a position as a member of your home country’s professional association, moving to Canada opens up a world of opportunities.
The exhilaration of arriving in Canada and finding a stable job can be overwhelming when looking for an immigration accountant opportunity.With your skills you can quickly find an accounting career in Canada Note that you can By taking the initiative, you can get your resume seen by the right people in the right places. All occupations on Canada’s NOC list are given an immigration code, and accountant immigration is no exception. There are various NOC codes for accountants, but NOC 1111 is the most common in the auditor and accountant category. For accountants, additional his NOC codes include:
- NOC 1311 – Accounting Engineers and Accountants
- NOC 1431 – Accountants and Associated Employees
- NOC 6411 – Commercial and Customer Representatives (Non-Technical Wholesale Trade)
Canadian Accountant Requirements
To immigrate to Canada as an accountant, you will most likely need a chartered or regulated position in your home country. A Mutual Recognition Agreement (MRA) or Mutual Membership Agreement (RMA) basically certifies that CPAs and Chartered Accountants from different countries are eligible to meet Canadian requirements. You can qualify for Canadian certification based on which category you fit into.
The best way is to get a bachelor’s degree and a Canadian accounting qualification. The Professional level of the Chartered Test may be considered Master’s level or higher, but this bachelor’s degree must be earned in addition to the Chartered certification. If you earned your degree outside of Canada, you must apply for an ECA (Educational Credential Assessment). A foreign degree, diploma or certificate can be verified by ECA to show that it is authentic and equivalent to a Canadian degree.
Why Immigrate to Canada as an Accountant? For a variety of reasons, living in Canada can be an exciting option for internationally educated accountants. Some of them are:
Accountants get higher salaries in Canada
Accounting wages vary by province and seniority, but auditing and accounting jobs in Canada are often well paid. An hourly wage for a financial accountant in Canada is around $35.75, but an experienced accountant, especially a Certified Public Accountant (CPA), can earn more than $60.
Bookkeeping is a popular profession in many federal states.
Many provinces in Canada, especially Manitoba, Quebec, Saskatchewan and Nova Scotia, have a high need for accountants. According to the Government Employment Bank, by 2028 there will be strong demand for CPA in Canada, outstripping the supply of qualified accountants.
How to Find Accounting Jobs in Canada
Before you arrive in Canada, you can start looking for your first job in Canada as an international accountant. Consider the following tips to help you get started in the accounting profession.
Understand local job market demands
Employers in Canada may have different requirements for accounting candidates than in your country. Reviewing job listings for accounting positions at her level and identifying desirable skills, experience and qualifications are two of her ways of understanding the needs of the job market. The CPA credential is usually optional for entry-level and intermediate-level positions, but certain employers prefer to hire candidates who pursue a CPA. Before you come to Canada, you can obtain your CPA designation by registering with your local authority and completing the CPA PEP module. Not only will this increase your employment opportunities, but this work experience will also count toward your 30-month requirement for CPA certification.
Collect additional qualifications and skills
As a new immigrant, it is helpful to familiarize yourself with the accounting standards commonly used in Canada, such as Public Accounts Board (PSAB) Accounting Standards, Accounting Standards for Private Enterprises (ASPE), and International Financial Reporting Standards. (IFRS) and Accounting Standards for Not-for-Profit Organizations (ASNPO).
Investing in certifications and continuing education courses can enhance your application for accounting jobs in Canada. For example, certifications in software such as Microsoft Excel, PeopleSoft ERP, SAP HR and Finance, Qlikview, and reporting tools such as Cognos and Power BI are of value in the Canadian job market. Additionally, proficiency in accounting and tax tools such as Quickbooks and Xero will help you stand out from the competition.
Create a Canadian-style accounting resume.
Reverse chronological, functional, and hybrid resume styles are the three most popular (hybrid) styles in Canada. Whether there are gaps in your work history and how much relevant accounting experience you have will determine the best format for your resume. To filter resumes for the right job, many Canadian companies use an applicant tracking system called “ATS”. Customize your resume for each position and add keywords from the job description to increase your chances of being selected for an interview.
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