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NOC 1111 or 0111?

walid6500

Newbie
Oct 6, 2019
6
0
I am worried about which NOC code will be applicable for me. My duties are as follow:

- Review the trial balance and relevant documents on monthly basis.

- Preparation the in-house Quarterly financial statements, to provide to management, including balance sheet, income statement, change in retained earnings.

- Organize and evaluate the accounting process, and external audit procedures.

- Preparing all reports which required by external auditor.

- Assist in the planning and scope of all audit engagements.

- Assist in budget preparation and analysis the estimates.

- Evaluate and manage accounting staff.

- Financial ratios calculations, to ensure the compliance with loans and lease agreements.

- Financial statements analysis and provide management with relevant recommendations.

- Evaluate, measurement, and improve internal operations and financial policies.

- measure and evaluate the investments options

please advise
thank you
 

walid6500

Newbie
Oct 6, 2019
6
0
Codes starting with 0 are for managers. Do you oversee other employees as a major component of your work?
yes, as per mentioned above : ( Evaluate and manage accounting staff & Evaluate, measurement, and improve internal operations and financial policies ).
I already prepared an employment reference letter and experience certificate, also I will provide a bank statement to illustrate that.
does that enough?
 

Islander216

Champion Member
Nov 27, 2019
2,110
1,338
Check the duties and responsibilities of both and see what fits better.

Are you involved with managerial tasks such as:
  • Plan, organize, direct, control and evaluate the operation of an accounting, audit or other financial department
  • Develop and implement the financial policies, systems and procedures of an establishment
  • Prepare or co-ordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports
  • Co-ordinate the financial planning and budget process, and analyze and correct estimates
  • Supervise the development and implementation of financial simulation models
  • Evaluate financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets and other financial control functions to senior managers and other department or regional managers
They key difference between the two NOCs are the managerial duties associated with 0111.

If you fulfill those, then you can claim 0111. If not, 1111 is a better bet.
 
Last edited:

walid6500

Newbie
Oct 6, 2019
6
0
Check the duties and responsibilities of both and see what fits better.

Are you involved with managerial tasks such as:
  • Plan, organize, direct, control and evaluate the operation of an accounting, audit or other financial department
  • Develop and implement the financial policies, systems and procedures of an establishment
  • Prepare or co-ordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports
  • Co-ordinate the financial planning and budget process, and analyze and correct estimates
  • Supervise the development and implementation of financial simulation models
  • Evaluate financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets and other financial control functions to senior managers and other department or regional managers
They key difference between the two NOCs are the managerial duties associated with 0111.

If you fulfill those, then you can claim 0111. If not, 1111 is a better bet.
My duties already include some of these tasks, but there are also some other related to NOC 1111. I am really confused.