Immigration to Canada as an Accountant
Do you wish to immigrate to Canada and have expertise as a certified public accountant in your home country? Canada is seeking professionals with accounting expertise. There are numerous accounting job openings. Canada takes into account specialized workers including financial auditors and accountants, accounting technicians and bookkeepers, accounting and related clerks, and sales and account representatives.
Description of Work (NOC 1111/11100)
Accountants use their knowledge and skills to review and/or create the correctness of a firm or individual’s financial statements. The primary function of an accountant is assuring the correctness of financial documentation and compliance with applicable rules and regulations.
The average accountant salary in Canada:
The average Canadian accountant pay is $57,500 per year, or $29.49 per hour. The starting salary for an entry-level employment is $33,327 per year, while most experienced individuals can earn up to $87,500 per year.
This is an excellent salary in Canada that would enable a family to live a respectable life.
There are several NOC codes for accountants although the main one is NOC 11100.
NOC 11100 – Financial auditors and accountants
NOC 12200 – Accounting technicians and bookkeepers
NOC 14200 – Accounting and related clerks
NOC 64101 – Sales and account representatives – wholesale trade (non-technical)
Canadian Accountant Requirements
You will likely require licensed or regulated status in your native country in order to immigrate to Canada as an accountant.
Chartered Professional Accountants (CPA) play a significant role in delivering accounting and financial expertise to firms. The CPA credential prepares you for a future in which your abilities will be in great demand.
If you have schooling or expertise in business, finance, or accounting, attaining the CPA credential will help you stand out in a competitive job market. Organizations of all sizes rely on CPAs, and Canadian employers place a high value on the CPA qualification. As a CPA, you will have the potential to advance to the highest echelons of your profession.
In addition to acquiring a Canadian accounting certification, a bachelor’s degree is required. This undergraduate degree must be in addition to your Chartered status, despite the fact that the Professional levels of the Chartered exams may be regarded as master’s level or higher.
If you earned your degree outside of Canada, you will likely be required to receive an ECA (Educational Credential Assessment). An ECA is used to verify a foreign degree, diploma, or certificate to demonstrate that it is equivalent to a Canadian degree and valid.
What Options Do You Have to Immigrate to Canada as a CPA?
Express Entry is the greatest choice for accountants who wish to travel to Canada to pursue a career as an accountant. Express entrance is based on a point system that determines your standing inside the Express Entry pool.
Individuals may migrate through employment and get permanent residency if invited.
The Express Entry system includes three additional programs:
- Federal Skilled Worker Program
- Federal Skilled Trades Program
- Canadian Experience Class
Provincial Nominee Program
The Provincial Nomination Program is comparable to Express Entry, with the exception that it is province-specific. For example, if you obtain a job offer in Saskatchewan, you may be eligible to seek for a provincial nomination with the provincial government of British Columbia. In the event of success, you will receive a letter that you can submit with your application for permanent residency to the IRCC. This may appear to be the longer path to obtaining a visa, but it will help you use the process more effectively.
In most provinces, accountants are in high demand, thus your prospects of success are much greater than in other fields.
Program on Atlantic Immigration
Provinces such as Prince Edward Island, New Brunswick, Newfoundland & Labrador, and Nova Scotia’s Atlantic have collaborated to develop a new immigration pathway: the Atlantic Immigration Pilot, an immigration alternative tailored specifically to meet the province’s most dire labor needs. This pathway is comprised of three categories:
- International Graduate Program at Atlantic
- Atlantic Highly Qualified Program
- Program for Atlantic Intermediate-Skilled
This includes opportunities for auditors and bookkeepers, which are marketed as independent professions, but there are now roughly 100 openings for accountants in Atlantic Canada alone.