ACCA helps individuals and company supervise their finance, obligations, and tax credits, and suggest appropriate advice on conformity and record management. These certified accountants may prefer to specialize and become Management Accountants, Taxation Accountants, Trust Accountants, Systems Accountants, Fund Accountants, or Company Accountants, etc.
Where can ACCA take you? Studying ACCA is recommendable and safest ways to start a knowledgeable career. By learning essential business skills, you’ll kick start any of the accounting and business career. Accounting careers and job types concentrate on roles where accounting skills are obligatory. Generally, you would like a knowledgeable accounting degree (bachelor master) or a certification course such as ACCA to bang on the financial career. T
What jobs can ACCA do? Here we’ve listed seven employment opportunities for accountants with the respective position and their average salary in Australia.
Auditing & Assurance\ Consider a career in auditing. Nearly all auditors are outermost experts who are invited or sent into organizations to manage their finance: Making sure reports are correct and follow up to the mark.
Some organizations have auditors who have completed bachelor’s degrees in accounting and registration with the ASIC (Australian Securities and Investments Commission) is the most needed prospect to it. Also, you should know the fact that most auditing positions require qualifications as a Certified Practicing Accountant or Chartered Accountant.
Job titles: An auditor, audit accountant, revenue auditor, intermediate auditor, senior auditor, and many more.
Average salary of ACCA in Australia: with skill overlap, the typical salary you’ll get around $70k (per year).
Financial Accountant\ A proper financial accounting suiting the respective compliance is essential to any company’s success. The finance manager or financial accountant keeps records of the organization’s financial transactions. The experts must utilize the right methods to gain the financial reports that are given to shareholders and regulators.
The major responsibilities include monitoring companies income’s, losses, liabilities and assets. An ACCA certification and professional certification such as CPA or CA are typically needed for a career in this field. Excellent analytical and organizational skills also are critical.
Job titles: Commercial finance manager – research, An assistant financial accountant, financial accountant, divisional financial accountant, financial accounting manager, securities analyst, and more.
Average salary of ACCA in Australia: $90k (per year) with skill overlap.
Book-keeping\ In this post, person manages the company’s books. For this role, generally, you don’t need a degree. Typical roles and duties of book-keeping includes supervising accounts received, purchasing bills on the company’s behalf in a timely trend, by keeping records of all transactions.
If you’re curious about a career in this field, consider trying to find a beginners job description with basic related duties (such as data entry clerk) and work your high from there. You’ll also get to certification to headway in your profession. The most common vocational course is that the IV Certificate of Bookkeeping.
Job titles: An administration assistant, client bookkeeper, company accountant/bookkeeper, corporate bookkeeper, MYOB bookkeeper, senior bookkeeper, QuickBooks bookkeeper, and many more.
Average salary of book-keeper in Australia : Around $60k (per year) with skill overlap.
Management accountants create financial reports employed by companies to form informed business decisions. They observe the financial position of the organization, make predictions, and give information in useful ways, just like statistical techniques and charts.
After a bachelor’s in accounting degree , you must secure professional registration with CPA or Chartered Accountants New Zealand and Australia. Or if you are an ACCA no such registration is needed. For this position, you must require several years of experience.
Job titles: Management accountant, An assistant management accountant, and financial accountant, manager-management accounting operations, and many more.
Average salary of management accounting in Australia: Around $110k (per year) with skill overlap.
Tax Accounting\ In this position, professionals specialize in taxation and financial records, handle audits, and return tax for people and corporations. These professionals work with individuals, responsibilities likely to embrace assisting clients with correctly completing tax forms, and providing advice on financial decisions.
They’ll also offer advice on how clients can reduce the quantity of tax they need to pay. Tax accountants who add a company setting tend to wish for more experience, as corporate taxes are significantly more complex than individual ones.
Job titles: The head of accounting and tax, senior tax accountant, tax accountant, tax and accounting advisory, tax / corporate accountant, taxation accountant.
Average salary of tax accountant in Australia: $72k (per year) with skill overlap.
Project Accountant\ ACCA holder handle’s accounting work for each project rather than overall businesses. Maintaining the record of each project may be a crucial component of observing and making sure the overall performance of the company.\ These professionals collect, analyze, and compile data to determine their projects’ progress and financial performance. To follow a career in this sector, achieve a degree in accounting, and get a certification as a CA (Chartered Accountant) or CPA (Certified Practicing Accountant).
Job titles: An assistant project accountant, project accountant, program accountant, senior project accountant and can be many more.
Average salary of project accountant in Australia: Round over $105k (per year) with skill overlap.
Fund Accounting\ A fund accountant will perform all accounting functions for an investment portfolio. The investments could be commodities, securities, or land, and that they might be held during a mutual or hedge fund. You’ll be required to figure within strict deadlines, as daily reporting is required. This accounting provides jobs in the financial organizations’ fund management sectors. After completing your accounting degree, professional trail registration as an accountant (CPA) or Certified Practicing Accountant (CPA).
Job titles: A financial accountant – fund and investments, fund accountant, portfolio accountant, senior fund accountant, senior asset accountant, senior fund/property accountant, etc.
Average salary of fund accoutant in Australia: $98k (per year) overall with skill overlap.
After ACCA what can I study? Well, ACCA itself is a professional course if you want to add more value to your career you can join MBA for the leadership and enterprenuial skills.
Where to study ACCA? ACCA course is available to the students global. In Nepal, very few institution provide the course while the oldest institutes having a remarkable results and alumni spread all over the world is NCA College of Management. For more you can contact the institute!
“NCA is Nepal’s first ACCA institute securing Gold Standard Approved Learning Partner (ALP-ST) of the ACCA with accredited recognition (2010)”.
We are a private educational institution dedicated to preparing students for a much more rewarding career.