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Accounting and Finance

Profile

There’s no doubt that the area of Accounting and Finance is an exciting and growing profession, which offers stability, career fulfillment and a wide variety of job roles.

Similar job roles
86,000 professionals predicted to be employed in Australia by 2022

To pursue a career in Accounting and Finance, you need really have a love of figuring things out, numbers and problem solving. You’ll need to be patient, analytical, methodical in your work, have good communication skills and be good at meeting targets. With potentially moderate but flexible hours, you’ll also need to be hard working and dedicated to your craft.

There are a wide variety of roles available in this sector. In fact, just some of the areas you could choose to specialise in are roles such as Accountant, Bookkeeper, Financial Planner, Payroll Clerk and BAS Agent. Not only are there lots of opportunities to develop your skills over time, but the demand for people within the Accounting and Finance industry across Australia is also expected to rise over the next few years. Below is everything you need to know about starting your career.

Employers look for Accountants who can connect with others, communicate clearly and are well presented. The main employing industries of people who work in Accounting and Finance in Australia is Professional, Scientific and Technical Services; Financial and Insurance Services; and Manufacturing.

Skills you are expected to have are economics and accounting, the financial markets, banking and checking and reporting of financial data. You would also do well to be proficient at arithmetic, algebra, geometry, calculus, or statistics.

Successful workers in this area also need to be proficient at the English language, and good at the spelling of words, rules of composition, and grammar. If you are good at word processing, managing files and records, stenography and transcription, designing forms, and other office work – this will also help you to gain employment in the sector, and to have a long and successful career.

Studying with Upskilled was a great experience, The trainers are very knowledgeable, and they attended to my queries well.
Kriti Chand
, Certificate IV in Accounting
Read the full testimonial

Insights

There’s no doubt that the area of Accounting and Finance is an exciting and growing profession, which offers stability, career fulfillment and a wide variety of job roles.

Outlook
  • Future job growth
    Growth expected
    *Upto 86,000 job openings over the next 5 years. *Source
  • Occupation size
    Large
    There are 189,100 workers in this (or similar) professions.*Source
  • Regions
    All regions
    Job roles for this profession work across all Australian regions. *Source
Salary
  • Full time
    Accountants
    Average of $55,800 - 81,900 per annum
  • Full time
    Investment Managers
    Average of $101,800 - 210,300 per annum
  • Full time
    Bookkeepers
    Average of $54,600 - 72,100 per annum
  • Considerations
     
    Your salary will be based on previous experience, where you are working and the type of role you take on.
Age range
  • 34 years old and younger
    38.4%
  • 35-54 years
    46.4%
  • 55 years and older
    15.2%
Education levels
  • Below Certificate III
    7.7%
  • Certificate III and IV
    2.7%
  • Diploma and above
    89.6%

* All information on this page has been complied using figures from payscale.com.au and the Australian Government's joboutlook.gov.au - all figures are indications only, and are accurate at time of publication. Please do your own research before selecting a course or career.

Study with Upskilled

Upskilled’s Accounting and Finance courses are delivered online, giving you the flexibility to enrol any time of the year and study at your own pace.

Among other things, you'll learn how to establish and maintain a payroll system as well as how to design and produce accounting business documents. You’ll be able to set up and operate a computerised accounting system and to apply principles of professional practice to work in the financial services industry.

If you study Accounting and Finance, you’ll be able to prepare financial reports and operational budgets, as well as financial statements for non-reporting entities. As well as this, you will learn how to carry out business activity and instalment activity statement tasks and to process financial transactions and extract interim reports.

Your online course includes comprehensive student support to help you throughout your study. Some of the degrees, diplomas and certificates allow you to graduate with a government-accredited, nationally recognised qualifications that can boost your chances of employment and more opportunities to accelerate your learning even further.

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