Financial Accountant

With financial statements required by law, properly trained and educated Financial Accountants are always in high demand.

What's it like to be a Financial Accountant?

Financial Accountants are responsible for the accounting and financial activities of a company.
Tasks and duties
  • Preparing monthly profit and loss, and balance sheet reports.
  • Preparing cash flow statements and controlling expenditures.
  • Collecting and analysing data used in the preparation of regular estimates.
  • Assisting with end-of-financial-year accounts and statutory accounts.
Which option below best describes your current situation?
Considering a career change
Starting my first career
Looking to advance my current career
None of these options

What can I earn as a Financial Accountant?

The most common salary for a Financial Accountant is between $95k and $110k
Source: SEEK job ads and SEEK Profile data

How to become a Financial Accountant

To work as a Financial Accountant, a bachelor's degree in the financial field is required, and a Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification is desirable and likely to offer a competitive edge.
  1. Complete a bachelor degree in the field of accounting. This could be a Bachelor of Accounting or a Bachelor of Business (Accounting). These are usually three year courses and are open to anyone who is 17 years of age or older and has completed year 12 with the necessary Universities Admission Index.
  2. Work for three years gathering professional experience in finance, accounting or business and undertake professional development activities each year.
  3. Complete a Graduate Diploma of Chartered Accounting (GradDip CA) or a CPA program.

Explore Financial Accountant qualifications

To become a Financial Accountant, you'll need to complete a degree in the financial field, such as a Bachelor of Accounting. Browse qualifications and institutions, and find a course to suit your needs.
Source: SEEK job ads and SEEK Profile data

What are employers looking for?

Employers want:
  • CA/CPA
  • Advanced Excel skills
  • Experience with a Big 4 accounting firm
  • Auditing experience
  • Reporting experience
Shortlisted applicants have:
  • CA/CPA
  • Financial reporting experience
  • MYOB
  • Excel
  • Xero
Source: SEEK job ads and SEEK Profile data

How do Financial Accountants rate their role?

Latest reviews from 19 Financial Accountants surveyed on SEEK

Source: SEEK Role Reviews

What are the job opportunities for Financial Accountants?

Find out how the job market is trending

Job opportunities
Financial Accountant jobs on SEEK
Source: SEEK
Projected job growth
National increase over next 5 years
6.9%
2017
2022
Source: LMIP. Accountants
Source: SEEK job ads and SEEK Profile data

Financial Accountants commonly move into these roles

Finance Manager
Avg. starting salary
$130 - $140k
Financial Controller
Avg. starting salary
$140 - $150k
Source: SEEK job ads and SEEK Profile data
Source: SEEK job ads and SEEK Profile data