The 10 highest paying jobs in Australian finance in 2017
Starting salaries for finance and accounting professionals are expected to rise 2.1% in 2017, according to the latest salary survey conducted by recruiters Robert Half.
Financial analysts, business consulting directors, accounts receivable directors and management accountants will benefit from the largest salary increases.
And finance professionals with well-developed IT skills will also be in demand.
Recruiters say finance professionals can take advantage of the growing talent shortage despite average salary increases of just under 1.9% per year.
The Robert Half Salary Guide 2017 identifies key roles in finance with expected higher salary gains in terms of starting salaries.
Wage growth in the financial sector is consistently above the national average at 2.1% in Brisbane, Melbourne, Perth and Sydney.
The financial positions defined for the highest salary gains in terms of starting salaries are in Brisbane, with an average salary increase for all finance and accounting jobs at 3.5%, followed by Melbourne at 2.5 %.
Salaries in Sydney and Perth continue to rise, but more slowly, with financial posts in Sydney set for an average increase of 1.7% and 0.8% for Perth.
“Our field salary research shows optimistic year-over-year salary increases for many functional areas of finance in Brisbane and Melbourne,” said David Jones, senior managing director at Robert Half Asia Pacific.
Here are the top 10 jobs with the biggest earnings for starting salaries:
Financial Analyst. A minimum of $ 80,000 and a maximum of $ 112,000 for annual growth of 4.2%. Robert Half says analysts are very valuable because of their ability to predict change. “Given the high demand for these skills and the challenges of finding highly qualified financial analysts, their salaries are expected to experience the largest increase on average,” recruiters say.
Management assistant for business consulting. A minimum of $ 82,000 and a maximum of $ 99,000 for an increase of 4.1%. Robert Half says: “These professionals are in high demand, in part due to increased regulation in Australia’s financial services industry, and can expect salary gains in 2017.”
Accounts Receivable Manager. A minimum of $ 63,000 and a maximum of $ 89,000 for a 3.7% increase. Maintain strong cash flow and reduce debt. Robert Half says: “Senior executives who adapt to change, with a mix of strong communication and technical skills, can look forward to salary gains for the year ahead.
Management accountant. A minimum of $ 77,000 and a maximum of $ 103,000 for an increase of 3.4%. Find new ways to hit the budget. Robert Half says: “Management accountants who use big data to analyze key financial information and provide their companies with business insights to ensure future growth and profitability can expect payouts. ”
Responsible for planning and financial analysis. A minimum of $ 117,500 and a maximum of $ 164,000 for an increase of 3.3%. Robert Half says: “Highly skilled financial planning and analysis managers with well-developed technical and communication skills are able to negotiate above-average pay. ”
Tax manager. A minimum of $ 110,000 and a maximum of $ 156,000 for an increase of 3.2%. Taxation becomes complicated. Robert Half says: “This is a crucial role for any organization and the reason why these professionals can expect above average salary gains. “
Accounting manager / director. A minimum of $ 113,000 and a maximum of $ 192,000 for a gain of 3.1%. Digitization and automation. Robert Half says, “Companies are ready to increase the starting salaries of these professionals if they can successfully lead a team, improve business performance and results.
Commercial director. A minimum of $ 120,000 and a maximum of $ 185,000 for an increase of 3.1%. Drive the bottom line. Robert Half says: “Salaries are set to increase for those who can add value to their organization by using automation technology to streamline internal processes such as budgeting, forecasting, reporting and results analysis. of the company. ”
Accounts receivable clerk. A minimum of $ 52,000 and a maximum of $ 66,000 for a 3% increase. Critical for cash. A keen eye for detail required.
Head of Business Advisory Services / Head of Audit. A minimum of $ 94,000 and a maximum of $ 136,000 for a 3% increase. Extensive experience in risk management, compliance and internal audit to meet regulatory guidelines. “As a position that will be in demand over the next 12 months, this puts upward pressure on salaries,” explains the recruiter.