Australia has a strong demand for accounting and finance professionals, particularly in the areas of accounting, auditing, and financial management. With the country’s growing economy and need for skilled financial experts, there are excellent migration opportunities for qualified professionals in these fields. If you are an Accountant, Auditor, or Finance Manager, you may be eligible for a skilled visa, leading to permanent residency and career growth in Australia’s financial sector.
What Do Accounting and Finance Professionals Do?
Accounting and finance professionals play a key role in managing financial records, auditing businesses, and developing financial strategies. Their responsibilities vary depending on specialization, but common tasks include:
Accountants
- Preparing and analyzing financial statements for individuals and businesses.
- Managing taxation and compliance with Australian financial regulations.
- Advising on cost reduction, budgeting, and investment strategies.
Auditors
- Examining financial records to ensure accuracy and compliance with laws.
- Identifying risks and providing recommendations for financial controls.
- Conducting internal and external audits for businesses and government agencies.
Finance Managers
- Overseeing financial operations and developing financial plans for organizations.
- Managing budgets, forecasting future financial performance, and advising senior executives.
- Ensuring compliance with Australian financial and investment regulations.
Employment Prospects for Accounting and Finance Professionals
Accounting and finance professionals are highly sought after in Australia, particularly in the corporate, public, and private sectors. With continued business expansion and regulatory compliance requirements, skilled professionals in these fields have strong employment opportunities in:
- Major cities such as Sydney, Melbourne, and Brisbane, where financial hubs are located.
- Public sector organizations requiring financial analysts and auditors.
- Accounting and auditing firms, where demand for skilled professionals remains high.
Salary Expectations for Accounting and Finance Professionals
Salaries for accounting and finance professionals in Australia vary based on experience, qualifications, and industry sector. Below are estimated annual salary ranges:
- Accountants: AUD 75,000 – 120,000
- Auditors: AUD 80,000 – 130,000
- Finance Managers: AUD 100,000 – 180,000
Finance professionals working in corporate and senior management roles tend to earn higher salaries, particularly in major financial hubs.
Skills Assessment Requirement
A skills assessment is required for accounting and finance professionals applying for a skilled visa. The assessing authority will depend on the specific occupation, and criteria include qualifications, work experience, and registration requirements.
The key skills assessment bodies include Chartered Accountants Australia and New Zealand (CA ANZ) – For chartered accountants, CPA Australia – For certified practicing accountants, and Institute of Public Accountants (IPA) – For professionals with relevant accounting experience.
Since each profession has different assessment requirements, we recommend contacting us to determine the exact criteria and how to proceed with the skills assessment process.
Visa Pathways for Accounting and Finance Professionals
There are several visa options available for accountants, auditors, and finance managers, including:
- Skilled Independent Visa (Subclass 189) – Permanent residency without state or employer sponsorship.
- Skilled Nominated Visa (Subclass 190) – Requires state nomination, leading to permanent residency.
- Skilled Work Regional Visa (Subclass 491) – Requires regional sponsorship, leading to permanent residency.
- Employer-Sponsored Visas – If you receive a job offer from an Australian employer, you may qualify for a Subclass 482 or Employer Nomination Scheme (Subclass 186).
Not sure what visa is right for you?
Take our online eligibility assessment or get in touch with our team!