If you are looking for a rewarding career that combines finance, human resources, data management and information management, consider becoming an accounting and payroll administrator.
An accounting and payroll administrator is responsible for administering and processing payroll, as well as performing various accounting tasks such as bookkeeping, financial reporting, tax preparation and budgeting. They also ensure compliance with payroll legislation, employment standards, benefits programs and accounting principles.
As an accounting and payroll administrator, you must have strong numerical, attention to detail, organizational, and communication skills. You must also be proficient in using computerized accounting and payroll software such as Sage and QuickBooks.
To become an accounting and payroll administrator, you will need post-secondary education in accounting or payroll administration. Many diploma programs can provide you with the knowledge and skills you need to enter this field. Some of these programs are affiliated with the National Payroll Institute (NPI), meaning they meet the academic requirements to challenge the Payroll Compliance Practitioner (PCP) designation exam12.
You can develop key accounting and payroll administration skills, such as analytical, communication, and organizational skills. You should also be proficient in accounting software and Microsoft Excel.
Join accounting or payroll associations and attend industry events to network with other professionals and stay up-to-date on industry trends. Look for job openings at accounting firms, payroll service providers, and other businesses that require accounting and payroll services. Tailor your resume and cover letter to highlight your relevant education and experience.
Consider obtaining certifications such as the Payroll Compliance Practitioner (PCP) designation, which can help you stand out to employers and demonstrate your expertise.
The PCP designation is a nationally recognized credential demonstrating your competence and professionalism in payroll administration. It can also increase your employability and earning potential in this field.
According to Indeed.com, the average salary for an accounting and payroll administrator in Canada is $51,000 per year1. However, this may vary depending on your location, experience, education and certification.
If you want to pursue a career as an accounting and payroll administrator, you can start by enrolling in a diploma program that suits your goals and schedule. You can also explore the various job opportunities in this field by browsing job boards or contacting local employers.
An accounting and payroll administrator is essential in supporting financial operations. By choosing this career path, you can enjoy a stable, rewarding and challenging work environment with plenty of room for growth and development.