How to apply for Canada PR as an Accountant in 2024?

The finance industry in Canada has experienced a big change. One of them being a shift towards automation, big data, and innovative technologies like blockchain and AI. What you need as an accountant is definitely a tech skill update too.

If you are aiming to work as an accountant in Canada, learn new skills to be able to easily transition to technical and digital surroundings. To adapt is an added qualification, specially for accountants in this day and age. 

You can know how to apply for Canada PR as an accountant. This being the top rated professions for 2024 there are sure to many interesting job openings for interested applicants.

How to apply for Canada PR as an Accountant in 2024?

The average age of customers is changing now, which is why employees need to cater to the younger client base.  

Trends in Accounting for 2024 

• Automation has replaced many low-level accounting procedures. 

• For example: Cloud-based accounting systems can manage repeated low level work like doing data entries. 

• Upgrade in Technology and data analytics means increased need for technical accounting and tax knowledge.

• Teams for Automation and artificial intelligence (AI) free human accounting to concentrate on difficult and high value tasks.

• In the future, financial experts with high-level accounting skills and complete technical skills shall be employed. 

How to apply for Canada PR as an Accountant?

1st Step - You as an applicant must complete a recognized accounting program in Canada like a bachelor’s degree in Business or Accounting. 

2nd Step - You also need a certified Canadian Professional Accountant (CPA) position. This can take years of study and work experience. Get enrolled in a CPA program. This program covers subjects like financial accounting, management accounting, taxation, and audit and assurance.

3rd Step - Complete the CPA program by scoring the minimum grade requirements. 

4th Step - Give your Common Final Examination (CFE) which tests your knowhow of accounting and business skills. To be qualified for sitting for this exam you need to first finish your CPA program. 

5th Step - Once you have completed your CFA program and CFE exam you can get a license from a provincial or territorial CPA entity. 

Canada PR programs you can apply for as an Accountant

Canada PR programs for Accounting profession	Details
Federal Skilled Worker Program (FSWP)	You are qualified to apply as a CA under the FSWP program if you have a minimum 1 year of experience in a skilled profession.   Also, you need to meet the other qualifying criteria to apply under this PR program.   Meet the IELTS requirement for Canada PR of 6.0 across all bands.
Provincial Nominee Program (PNP)	PNPs permit provinces and territories having the skills required by the region.   Every province has their own programs with some having particular streams for Accountants.
Occupation in demand	You get nominated through NOC codes under PNPs. Look for the updated in-demand occupation list of provinces   This will let you know whether they are hiring for accountants. This job is currently in high demand.
Express entry	You can apply under the Federal Skilled Trades and Canadian experience class. Your profile is added to the pool of candidates once you achieve the required CRS scores. You can calculate your scores with the tally tool called CRS score calculator. High scorers get an ITA for Canada PR.
Quebec Regular Skilled Worker Program	The Quebec province issues invitees for settling in the province. They do this through RSWP. Accounting professionals can even file for an EOI under the RSWP.
Atlantic Immigration Program	The AIP is a federal immigration program which issues PR visas to settle in one of the 4 Atlantic provinces. Province names are New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island.

Average Salaries of an Accountant in 2024 

Average Base Salary in Accountant	Salary Amount
Per Hour	$27.61
Per Day	$281
Per Week	$1,120
Per Month	$4,334
Per Year	$61,220

City wise salaries for Accountants

Name of Canada city	Salaries (per year)
Calgary	$66,526
Montreal	$65,787
Toronto	$61,672
Vancouver	$60,532

PNP Streams for Accountants 

Canada Province Name	PNP streams
British Columbia	B.C. Skills Immigration - Skilled Worker.  Applicants with job offers in B.C in a NOC TEER 0, 1, 2, or 3. This stream also has an Express entry route
Alberta	Alberta Express Entry Alberta Opportunity Stream
Ontario	Express Entry Human Capital Priorities Express Entry French-Speaking Skilled Worker OINP Employer Job Offer – Foreign Worker Stream
Manitoba	Skilled Workers in Manitoba Skilled Workers Overseas
Nova Scotia	Nova Scotia Express Entry Labour Market Priorities Skilled Worker Stream
New Brunswick	Skilled Workers Stream
Saskatchewan	International Skilled Worker – Employment Offer.  Financial auditors and accountants are not included in SINP Express Entry streams and Occupations-In-Demand programs.
Newfoundland and Labrador	NL Express Entry Skilled Worker Skilled Worker stream
Prince Edward Island	PEI PNP Express Entry Skilled Worker Outside PEI
Northwest Territories	Northwest Territories - Express Entry Skilled Worker stream of Northwest Territories.
Yukon	Yukon Express Entry (YEE) Skilled Worker of Yukon

Conclusion

The role of an accountant is very important to the finance sector in Canada.  If you need to know how to apply for Canada PR as an accountant you can explore pathways and requirements. In case you have more queries you can visit some of the best canada immigration consultants in India. They will help you in every step of your immigration process/

How to Calculate Your CRS Score for PR in 2024?

Scores are what decide your entry into Canada. If they are not enough you will not be qualified for any of the immigration pathways. Whenever you plan to immigrate to Canada make sure you have gone through the scores and how to apply for Canada PR with them.

Your 1st Score test is on the Canada PR eligibility calculator. On this, you need a minimum of 67 points or more to qualify for the Federal Skilled Worker Program. Once that happens your created profile can enter into the Express entry pool.

How to Calculate Your CRS Score for PR in 2024?

Scoring less than 67 can dim your chances of even applying for permanent residency. Work on each of the factors to get yourself ranked in the pool. 

Assessment Factors	Points
Age	12
Fluency in Language	First Official Language: 24 Second Official Language: 4 points
Work Experience	15 points
Level of Education	25 points
Arranged employment	10 points
Intention to live and work in Canada	10 points

On the other hand, the CRS score is out of 1200. Every two weeks the Canada Express entry puts out a CRS cutoff score. Depending on whether you qualify, you get an Invitation to apply for permanent residence. 

For Core Factors you can receive 600 points for the following factors:

1. Age

2. Education

3. work experience

4. Language expertise

5. Adaptability 

6. Job offer

Having a provincial nomination from Canada provinces can also get you an added 600 points. But for this, you need to have created an Express Entry profile and failed in that. Once that happens you can apply for provincial nomination. 

Apply for Canada PR using a CRS Score calculator 

Once you have used your PR eligibility scores to get enough points to be eligible for pool entry your CRS score decides your residency status. To get an estimate of what score you can get a tool is designed for your convenience.

This tool called the CRS score calculator is used for reference or guidance purposes. By using this tool you can move across the Express Entry immigration system of Canada. 

Why use this tool?

• Gives you an initial idea of whether you will enter the Express Entry pool

• Provides you with a breakdown of points for each factor 

• Some background on how the applicants with the qualification requirements and points total shall perform in the Express entry pool. 

Make use of the CRS score calculator which is available on the official immigration website of Canada Immigration (IRCC). Since the cutoff score for CRS changes from draw to draw make sure your score is always above 400. 

If you have a high score be rest assured of getting an invitation letter for permanent residence. Currently, Canada is carrying out many category-based draws. Many applicants are chosen for their French-speaking expertise or even having qualified work experience in STEM professions. 

With no spouse or common-law partner, you get points based on the following factors:

These points are based on you as a principal applicant:

Core CRS factors	Maximum Points
Human capital factors	500
Skill transferability factors	100
Having a Provincial Nomination	600
Qualifying or Arranged Employment	200
Study In Canada	30
French and English language skills	50
Sibling in Canada	15

If your spouse or common-law partner is coming along then you are eligible for a different set of points:

Core CRS factors	Maximum Points
Human capital factors (of the principal applicant)	460
Human capital factors (of the principal applicant)	40
Having a Provincial Nomination	600
Qualifying or Arranged Employment	200
Study In Canada	30
French and English language skills	50
Sibling in Canada (one sibling of the principal candidate and of the spouse who is coming along is taken into account)	15

Ways to get a competitive CRS score

1. Applying for a provincial nomination and having an existing EE profile helps you get an additional 600 CRS points. 

Getting an added-up score of 600 highly increases your chances of permanent residence. Each province has its own separate requirements. You need some connection with the province in order to be qualified to apply. If you know how to apply for Canada PR this way it can help you twofold in the future CRS calculations. 

2. Have a Job Offer 

When you get a Job offer you can get up to 200 points. You can get these points by launching a job search which is comprehensive. You can even visit Canada and get an idea of what kind of job is suitable for you. 

If you can meet the employers face to face or even attend employment fairs there are more chances to get a job offer. You can get assistance from experts from Nationwide Visas, who are the Best Immigration Consultant in Delhi.

3. Work on your educational qualification while still in the pool 

More the educational qualifications you have, the more points you can achieve. If you have got your education from outside Canada you need to get an Education Credential Assessment done. 

You can complete your undergraduate or postgraduate degree while your profile is still in the pool. Like this when the time comes for CRS score ranking you can avail more points. Your bachelor’s degree can help you gain as much as 170 points. 

Conclusion

Getting a good score depends on a variety of factors. Just ensure that you have consulted with the  Best Immigration Consultant in Delhi to get a better understanding of how to get an ideal CRS. A good CRS means your entry into Canada as a permanent resident is guaranteed. 

Just keep your eyes on those Express entry draws.