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Financial Accountant in Melbourne

Financial Accountant job description

A Financial Accountant is responsible for running the accounting and financial activities of an organisation. They analyse the economic stability of the company and provide financial information to other departments, enabling these departments to make budgeting and investment decisions. A Financial Accountant reports on costs, productivity, margins and company expenditures.

Financial Accountant duties and responsibilities of the job

A Financial Accountant job description should highlight the following duties and responsibilities: Preparing the monthly profit and loss, and balance sheet reports Tax reporting and inventory processing Collecting and analysing data, which is then used in the preparation of weekly and monthly estimates Advising on estimates for project funding Creating KPI reports Preparing weekly cash flow statements, and controlling expenditure and cash flow Assisting with the preparation of year-end accounts and statutory accounts Responding to financial inquiries by gathering and interpreting data Conducting internal audits such as wage reviews Examining financial records to check f or accuracy Managing and training staff when necessary

Financial Accountant job qualifications and requirements

A degree and experience in the financial field are required to gain a Financial Accountant role. Degrees in the following subjects should be highlighted as particularly advantageous: Accountancy or Finance Economics Mathematics Business Studies Management A Chartered Accountant or Certified Practising Accountant qualification is likely to give a competitive edge to a Financial Account job description. Both CPA Australia and Chartered Accountants Australia and New Zealand offer accredited courses in these areas.As well as formal qualifications, a Financial Accountant job description should detail the following qualities: An analytical mind Negotiation skills and the ability to develop strong working relationships Commercial and business awareness Good communication skills – both written and verbal A keen eye for detail and desire to probe further into data Deadline-orientated and an ability to stick to time constraints There are a number of international accounting bodies that are recognised too.

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Salary for Financial Accountant in Melbourne
98175 - 118125
25th Percentile
98175
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
108150
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
118125
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Assistant Accountant 74025 82425 90825 Accountant 100275 113400 120225 Senior Accountant 112875 124950 139125 Group Accountant 117600 133875 152250 Accounts / Finance Officer 68775 75600 86100 Accounts Payable Officer 66675 75600 86100 Accounts Payable Manager 92400 105525 122325 Accounts Receivable Officer 72975 79800 91875 Accounts Receivable Manager 92925 105525 119700 Bookkeeper 77175 87675 98175 Corporate Accountant 117600 133875 152250 Cost Accountant 115500 123900 141750 Senior Financial Accountant 122325 136500 152775 Management Accountant 105000 116550 126000 Senior Management Accountant 126000 141750 152250 Project Accountant 107625 123900 143850

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