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Financial Accountant in Sydney

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 Sydney
100045 - 120375
25th Percentile
100045
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
110210
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
120375
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 75435 83995 92555 Accountant 102185 115560 122515 Senior Accountant 115025 127330 141775 Group Accountant 119840 136425 155150 Accounts / Finance Officer 70085 77040 87740 Accounts Payable Officer 67945 77040 87740 Accounts Payable Manager 94160 107535 124655 Accounts Receivable Officer 74365 81320 93625 Accounts Receivable Manager 94695 107535 121980 Bookkeeper 78645 89345 100045 Corporate Accountant 119840 136425 155150 Cost Accountant 117700 126260 144450 Senior Financial Accountant 124655 139100 155685 Management Accountant 107000 118770 128400 Senior Management Accountant 128400 144450 155150 Project Accountant 109675 126260 146590

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