Toll Free 1-877-644-9992
Production Accountant, Property Accountant
In Canada, the federal government groups and organizes occupations based on a National Occupational Classification (NOC) system. This alis occupation may not reflect the entire NOC group it is part of. Data for the NOC group can apply across multiple occupations.
The NOC system is updated every 5 years to reflect changes in the labour market. Government forms and labour market data may group and refer to an occupation differently, depending on the system used. Here is how this occupation has been classified over time:
| Starting | $30.61 |
|---|---|
| Overall | $39.31 |
| Top | $49.03 |
Interest in administering accounting systems, examining financial accounts and records, preparing income tax returns from accounting records, and in maintaining internal control procedures
Interest in co-ordinating information to develop cost finding and internal control procedures; and in analyzing financial statements and reports
Interest in consulting with clients to provide financial, business and tax advice; may supervise articling students, other accountants and administrative technicians
The interest code helps you figure out if you’d like to work in a particular occupation.
It’s based on the Canadian Work Preference Inventory (CWPI), which measures 5 occupational interests: Directive, Innovative, Methodical, Objective and Social.
Each set of 3 interest codes is listed in order of importance.
A code in capital letters means it’s a strong fit for the occupation.
A code in all lowercase letters means the fit is weaker.
Oil and gas production accountants keep track of the activity at well sites, pipelines, and other facilities and prepare monthly reports for the province, owners, and the Alberta Energy Regulator (AER).
In general, oil and gas production accountants gather production data and confirm pipeline deliveries. They also:
Production accountants usually work in offices. Working hours vary depending on the organization and level of responsibility. Overtime often is required at month-end and year-end. Depending on the position, some travel may be required.
Oil and gas production accountants need:
They should enjoy having clear rules and organized methods to guide their activities. They should also enjoy developing innovative solutions to problems and directing the activities of others.
The minimum education requirement for oil and gas production accountants is a high school diploma. However, employers often prefer applicants who:
In conjunction with 2 post-secondary schools in Alberta, the Canadian Association of Petroleum Production Accounting (CAPPA) offers a 10-course certificate program. They offer the courses full time on campus and also in a self-paced, online format.
The following schools offer programs or courses that are related to this occupation but are not required to enter the field.
For a broad list of programs and courses that may be related to this occupation try searching using keywords.
There is currently no provincial legislation regulating this occupation in Alberta.
Oil and gas production accountants most often work for oil and gas companies whose head offices are located in large urban centres.
Oil and gas production accountants are part of the larger 2011 National Occupational Classification 1111: Financial auditors and accountants. In Alberta, 79% of people employed in this classification work in the following industries:
The employment outlook [pdf] in this occupation is influenced by a wide variety of factors including:
In Alberta, the B011: Financial Auditors and Accountants occupational group is expected to have a below-average annual growth of 1.4% from 2016 to 2020. In addition to job openings created by employment turnover, 435 new positions are forecasted to be created within this occupational group each year.
Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.
| Wages* | Low (5th percentile) | High (95th percentile) | Average | Median |
|---|---|---|---|---|
| Starting | $18.00 | $51.92 | $30.61 | $27.69 |
| Overall | $22.60 | $75.00 | $39.31 | $35.55 |
| Top | $24.62 | $84.84 | $49.03 | $42.07 |
Swipe left and right to view all data. Scroll left and right to view all data.
* All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production) and other forms of compensation.
High Reliability, represents a CV of less than or equal to 6.00% and 30 survey observations and/or represents 50% or more of all estimated employment for the occupation.
| Oil & Gas Extraction | $111,254 |
|---|---|
| Utilities | $93,401 |
| Public Administration | $84,047 |
| ALL INDUSTRIES | $77,317 |
| Transportation and Warehousing | $76,846 |
| Agriculture | $74,087 |
| Educational Services | $73,765 |
| Construction | $71,490 |
| Professional, Scientific & Technical Services | $69,932 |
| Information, Culture, Recreation | $69,286 |
| Manufacturing | $69,060 |
| Retail Trade | $65,850 |
| Finance, Insurance, Real Estate, Leasing | $65,616 |
| Wholesale Trade | $65,562 |
| Health Care & Social Assistance | $62,856 |
| Business, Building and Other Support Services | $61,158 |
| Other Services (Repair, Personal Services and Related) | $59,075 |
| Accommodation & Food Services | $58,136 |
Canadian Association of Petroleum Production Accounting (CAPPA) website: cappa.org
Petroleum Accountants Society of Canada (PASC) website: www.petroleumaccountants.com
Get information and referrals about career, education, and employment options from Alberta Supports.
Updated Mar 31, 2020. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.