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Accounting and finance is a widespread industry in Australia and there are many exciting opportunities for professionals on the horizon. According to Labour Market Insights, around 4.2% of the Australian workforce have their main job in the financial services industry, which includes roles such as accountants, financial advisers, CFOs, finance managers, bankers and loan officers.

Looking forward, jobs in the accounting and finance industry are projected to grow by 33,200 (or 6.3%) over the five years from November 2021 to November 2026. This is great news for candidates, as it means more jobs will be available across the industry. But what can you expect to earn? ​​This guide covers average salaries for a range of accounting and finance roles.

Average accounting & finance salaries

The following are average base salaries (excluding superannuation) in Australia for a range of accounting and finance roles, taken from the 2022 Michael Page Salary Guide.

Management accounting salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Management Accountant$90,000
Project Accountant$100,000
Senior Management Accountant$110,000
Senior Project Accountant$140,000

Accounts payable salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Accounts Payable Officer$67,000
Senior Accounts Payable Officer$80,000
Accounts Payable Manager$115,000

Accounts receivable salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Accounts Receivable Coordinator$62,500
Billings Officer$75,000
Credit Controller$75,000
Senior Accounts Receivable Officer$80,000
Accounts Receivable Manager$110,000
Credit Manager$120,000

Business analyst salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Junior Analyst$75,000
Pricing Analyst$90,000
Financial / Commercial Analyst$100,000
Sales Analyst$100,000
Business Intelligence Analyst$120,000
Senior Financial / Commercial Analyst$125,000
Finance Business Partner$145,000

Practice audit & assurance salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Auditor$67,500
Senior Auditor$77,500
Audit Manager$90,000
Senior Audit Manager$120,000
Director - Audit & Assurance$150,000

Accountant/bookkeeper salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Bookkeeper$70,000
Company Accountant$90,000

Cost accounting salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Cost Accountant / Site Accountant$100,000
Senior Cost Accountant$110,000
Plant Finance Manager$120,000
Manufacturing Financial Controller$160,000

Financial accounting salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Graduate Accountant$57,500
Assistant Accountant$65,500
Fixed Asset Accountant$80,000
Financial Accountant$85,000
Revenue Accountant$85,000
Senior Financial Accountant$110,000
Systems Accountant$110,000
Group Accountant$130,000
Financial Accounting Manager$135,000
Head of Financial Accounting$180,000

Financial planning & analysis salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

FP&A Analyst$100,000
Senior FP&A Analyst$125,000
FP&A Manager$150,000
Strategy Manager$160,000
Head of FP&A$200,000
Head of Strategy$230,000

Fund & custodial services salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Fund Accountant$80,000
Senior Fund Accountant$95,000

Internal audit & operational risk salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Internal Auditor$95,000
Senior Internal Auditor$110,000
Internal Audit Manager$130,000
Head of Internal Audit$180,000

Payroll salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Payroll Officer$75,000
Senior Payroll Officer$95,000
Payroll Manager$120,000

Regulatory accounting, policy & risk management salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Risk Analyst$90,000
Senior Risk Analyst$120,000
Risk & Compliance Manager$140,000
Risk Manager$150,000

Financial director & CFO salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Group Financial Controller$190,000
Finance Director / Head of Finance$200,000
Chief Financial Officer$280,000

Tax accounting salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Graduate Tax Accountant$60,000
Tax Accountant$90,000
Tax Analyst$100,000
Senior Tax Accountant$110,000
Tax Manager$150,000
Tax Director$200,000

Treasury salaries

Role

Average base salary for 12 months (AUD)

(Excluding superannuation)

Treasury Analyst$105,000
Treasury Accountant$110,000
Treasury Manager$150,000

Searching for a job in finance & accounting?

Job opportunities are available across all areas of financial and accounting If you’re looking for your next role, check out our current finance and accounting jobs.

Alternatively, if you’d like to discuss future opportunities with one of our specialist recruiters, get in touch with your local team today. We’ll work with you to find you a role with a competitive salary that suits your skill set, experience and career ambitions.

Explore more salary insights

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Get a comprehensive view of salaries across various industries and roles with our Michael Page Salary Guide, which features the average salary of roles in Australia’s dynamic job market, or use our Salary Comparison Tool to see how your compensation compares to industry standards.

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