Employment Outlook

Accounts Manager

An Accounts Manager will plan, organise, direct, control and coordinate the financial and accounting activities within an organisation, or for an individual. They are usually responsible for the management of relationships, often managing the relationship with the client of the account they are assigned to.

 

Average wage for

Employment Levels

There are currently 47 500 people employed in similar roles to Accounts Manager in Australia. According to the Department of Employment, over the next 5 years (up until the year 2018) there will be between 25 001 and 50 000 job openings within this profession. The demand is expected to be above average. 

Employment by State

The majority of Accounts Managers are hired in NSW. Accounts Manager positions are slightly lower in VIC than the average for all occupations, while QLD, WA SA, TAS, NT and ACT remain close to the national average.

Gender Split

This is a male dominated industry. 44% of Accounts Managers are female and 56% are male.

Age Brackets

The median age for Accounts Managers is 44 years. Accounts Managers are 4 years older than the average age for workers in all occupations.

Hours Worked

People in similar roles to Accounts Managers work an average of 43.3 hours a week. This is 2.2 hours more per week than the average for all occupations.

Education Level

The majority of workers employed as Accounts Managers hold Bachelor degrees. 19.6% of people in this profession hold post graduate qualifications while 38.9% of people hold a qualification that is equivalent to Year 12, Certificate III, IV or Advanced Diploma.

Accounts Manager Duties & Tasks

Determining, implementing, monitoring, reviewing and evaluating budgetary and accounting strategies, policies and plans in consultation with other managers

Providing financial information and interpreting the implications for business performance and funding needs

Coordinating the development, implementation and monitoring of accounting systems

Directing the preparation of financial reports summarising and forecasting the organisation's financial position such as income statements, balance sheets and analyses of future earnings and income

Assessing capital finance proposals and the financial status of operational projects

Advising on investment strategies, sources of funds and the distribution of earnings

Delivering long range profit forecasts, budgeting and financial reporting

Ensuring compliance with financial legislation and standards

Professional Associations & Groups

 

 

*The information provided on this page is from the Department of Employment’s Job Outlook website. All salary ranges are from Payscale. Where jobs are not exact matches, job areas have been used. This information is to be used as a guide only. 

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