Developing your Career in Accounting & Finance

A job in Accounting & Finance is viewed as skilled, valued and varied, which has scope for individuals to develop both personally and professionally along many trajectories. Join this career path and you could be contributing to the success of large and small companies.

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accounting & finance

Accountant

Accountants have an above average proportion of full-time jobs across multiple industries. Growth prospects in accounting continue to rise, and skilled professionals are always in demand. If you’re analytically minded, have a keen eye for detail and want to pursue a career in a reliable, growing industry, then Accounting could be for you.
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Average wage

Around 199,200 people are currently employed as Accountants in Australia. This is set to increase slightly to 207,200 people by 2023, according to the Department of Employment.

Employment Levels

Around 199,200 people are currently employed as Accountants in Australia. This is set to increase slightly to 207,200 people by 2023, according to the Department of Employment.

Employment by State

39.3% of all Accountants are employed in NSW. The area with the lowest number of Accountants is NT, with only 0.6%.

Education Level

The majority of Accountants have a Bachelor Degree qualification (56.9%) or are at a Post Graduate/ Graduate Diploma or Graduate Certificate level (25.2%). 2.7% of people have a Cert III or IV, whilst 6.4% have a qualification which is Year 12 or lower.

Gender Split

This is an evenly split industry with 51.8% of Accountants being male and 48.2% female.

Age Brackets

The most popular age for people working as Accountants is 25-34 years old, with 31.9%. A small percentage (4.6%) of people get into this career path older, aged 65 and over. There is also a number of people who enjoy a career as Accountants, with 6.2% aged 20-24.

Hours Worked

Accountants work an average of 39.6 hours a week which is 0.4 hours lower than the average for all occupations.

  • 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 arrangementsIntroducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
  • Maintaining internal control systemsMay appraise cash flow and financial risk of capital investment projects

Discover the best pathway for your career needs

There are many pathways you can take in your career in Accounting. The pathways suggested follow a series of steps to help you reach the role you desire.

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My Future
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AIOP
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CPA Australia
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IPA
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tax practitioners board
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chartered accountants
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*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.

accounting & finance

Tips & Resources

When you decide to pursue a career path in Accounting & Finance it's important to gather as much information as you can and to see what types of skills and knowledge you will need to ensure career success. Use some of the free resources below to give yourself a greater understanding of Accounting & Finance as well as career tips, personal development and new career ideas.

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