Job prospects Accounts Payable Analyst in Ontario

Explore current and future job prospects for people working as an "accounts payable analyst" in Ontario or across Canada.

Job opportunities in Ontario

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Supervisors, finance and insurance office workers (NOC 12011) in Ontario 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 small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Supervisors, finance and insurance office workers in Ontario:

  • Approximately 16,800 people work in this occupation.
  • Supervisors, finance and insurance office workers mainly work in the following sectors:
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 19%
    • Insurance Carriers and related activities (NAICS 524, 526): 9%
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 6%
    • Wholesale trade (NAICS 41): 6%
    • Management and administrative services (NAICS 55, 56): 5%
  • 85% of supervisors, finance and insurance office workers work all year, while 15% work only part of the year, compared to 63% and 37% 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.
  • Less than 5% of supervisors, finance and insurance office workers are self-employed compared to an average of 15% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 26% compared to 52% for all occupations
    • Women: 74% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 9% for all occupations
    • high school diploma or equivalent: 21% compared to 25% for all occupations
    • apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 30% compared to 22% for all occupations
    • bachelor's degree: 34% compared to 24% for all occupations
    • university certificate, degree or diploma above bachelor level: 9% compared to 13% for all occupations

Breakdown by region

Explore job prospects in Ontario by economic region.

Legend

0 out of 5 stars
Undetermined
1 out of 5 stars
Very limited
2 out of 5 stars
Limited
3 out of 5 stars
Moderate
4 out of 5 stars
Good
5 out of 5 stars
Very good

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as an "accounts payable analyst" Supervisors, finance and insurance office workers (NOC 12011) or across Canada.

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Labour Market Information Survey
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