Registered Migration Australia

EXTERNAL AUDITOR

ANZSCO 221213 - Registered Migration Australia




Description

An external auditor designs and operates information and reporting systems, procedures and controls to meet external financial reporting requirements. Registration or licensing is required in Australia. An external auditor is a Skill Level 1 occupation.

 

 

External Auditor Occupation Lists
This occupation is on the following skills list:

 

 

This occupation is not on the following skill list:

 

 

Group: 2212 Auditors, Company Secretaries and Corporate Treasurers

 

 

 

Job Description - Registered Migration Australia

 

The job of an external auditor in Australia is to conduct audits of accounting systems, procedures and financial statements, manage corporate funding and financial risk, and administer and review corporate compliance activities.

 

Tasks

  • arranging, giving notice of and attending meetings of directors and shareholders
  • advising organisations' governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation and corporation practice
  • supervising organisations' share capital by preparing documents and share issues, and handling share transfers
  • controlling treasury and treasury systems and establishing and reviewing risk management objectives and treasury policies
  • identifying, managing and reporting on financial risks
  • assisting with equity management, debt management, securities and taxation planning issues
  • collecting, analysing and interpreting information on the financial standing, cost structures and trading effectiveness of organisations
  • devising, re-organising and establishing budgetary cost control and other accounting systems such as computer-based systems
  • conducting audits and investigations and preparing financial statements and reports for management, shareholders, and governing and statutory bodies
  • evaluating the cost effectiveness and risks of operational processes, activities, policies and systems
  • reporting to management on the existence and effectiveness of the system of internal controls
  • establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria

 

 

Skill Level

Most occupations in the external auditor unit group (Group 2212) have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. In the case of Corporate Treasurers and Company Secretaries, at least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1). 

 

Registration or licensing in Australia may be required as an external auditor.

 

 

Occupations within the External Auditor Group

 

 

 

Note: Whilst a similar occupation may appear in the same external auditor group, if not specifically listed in the STSOL or MLTSSL the ANZSCO description should be used for reference purposes only.

 

English Requirement

 

  • IELTS result with a minimum score of 6 (L, R, W), 7 in speaking and 7 overall;
  • OET result with a minimum grade B in all sections;
  • TOEFL iBT with a minimum score (L:12 R:13 W:21 S:23 overall L93);
  • PTE Academic with a minimum score of 50 (L, R, W), 65 in speaking and 65 overall

Exceptions

  • Australian Graduate exceptions apply in some states/territories
  • Priority Skilled Lists may apply a specific requirement in some states/territories
  • Countries exempt from submitting IELTS or OET include the UK; Canada; New Zealand; US; and Ireland

 

Where mandatory licensing or registration is required you must demonstrate a level of English either sufficient to meet licensing / registration or a minimum IELTS, or equivalent, whichever is higher.

 

 

Assessment Authority

 

  • External Auditor is currently assessed with Certified Practising Accountants of Australia (CPAA), Chartered Accountants Australia and New Zealand (CA) and the Institute of Public Accountants (IPA), more info regarding assessment bodies

 

Average Income

The average salary for an External Auditor in Australia is $ 114,613 for male employees and $ 133,355 for female employees per year. Average Age: Males: 43.5 Females: 41.1 Persons: 42.2

Source: www.abs.gov.au (Group 2212) Auditors company secretaries and corporate treasurers - Employee Earnings and Hours, Australia, May 2016

 

Please contact us if you would like assistance with your External Auditor skilled visa application. Registered Migration Australia is a licensed migration company. We are proudly 100% Australian owned and operated.