Employment Outlook

Accounts Administrator

The Accounts Administrator is responsible for processing the amounts the company owe and are owed. Cash flow and credit control is a major issue in any company and effective accounts administration and payment processing becomes a key focus for any account admin role. 

 

Average wage for

Employment Levels

There are currently 134 000 people employed as Accounts Administrators in Australia. According to the Department of Employment over the next 5 years (up until the year 2018) there will be more than 10 000 additional job openings within this profession. The demand is expected to be high.

Employment by State

The majority of Accounts Administrators are employed within NSW. There are a higher proportion of Account Administrators in VIC and QLD than the average for all occupations, while the population in SA, TAS, NT and ACT is close to the national average.

Gender Split

This is a female dominated industry. 84.1% of Accounts Administrators are female and 15.9% are male.

Age Brackets

The median age for Accounts Administrators is 32 years. Accounts Administrators are 8 years younger than the average age for all occupations.

Hours Worked

Accounts Administrators work an average of 36.6 hours a week. This is 3.5 hours less per week than the average for all occupations.

Education Level

The majority of workers employed in this profession have at least a Year 10 qualification. 35.8% of Accounts Administrators have a qualification that is Certificate III or higher while 49.3% have a qualification that is Year 12 or lower.

Accounts Administrator Duties & Tasks

  • Assisting in formulating budgetary and accounting policies
  • Preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
  • Conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
  • Examining operating costs and organisations' income and expenditure
  • Providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
  • Providing financial and taxation advice on business structures, plans and operations
  • Preparing taxation returns for individuals and organisations
  • Liaising with financial institutions and brokers to establish funds management arrangements
  • Introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
  • Maintaining internal control systems
  • May appraise cash flow and financial risk of capital investment projects

 

 

*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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