FINANCE MANAGER

ANZSCO 132211 - Registered Migration Australia

Description
A finance manager plans, organises, directs, controls and coordinates the human resource and workplace relations activities within an organisation. In Australia a finance manager is a Skill Level 1 occupation.

 

 

Finance Manager Alternative Titles

 

• Chief Financial Officer
• Finance Director
• Financial Controller

 

Specialisations

 

• Financial Administrator

 

Finance Manager Occupation Lists
This occupation is on the following skill list:

 

• Combined Skilled Occupations List (STSOL MLTSSL)
• RSMS Occupations List (RSMSL)
• Short-Term Skilled Occupation List (STSOL)

 

This occupation is not on the following skills list:

 

• Medium Long Term Strategic Skills List (MLTSSL)
• Labour Market Testing Required for 457 List (LMTL)

 

 

Group: 1322 Finance Managers

 

 

 

Finance Manager job description - Registered Migration Australia

The job of a finance manager in Australia is to plan, organise, direct, control and coordinate the human resource and workplace relations activities within organisations.

 

Tasks

• determining, implementing, monitoring, reviewing and evaluating budgetary and accounting strategies, policies and plans in consultation with other Managers
• providing financial information and interpreting the implications for business performance and funding needs
• coordinating the development, implementation and monitoring of accounting systems
• directing the preparation of financial reports that summarise and forecast the organisation's financial position such as income statements, balance sheets and analyses of future earnings and income
• assessing capital finance proposals and the financial status of operational projects
• advising on investment strategies, sources of funds and the distribution of earnings
• delivering long range profit forecasts, budgeting and financial reporting
• ensuring compliance with financial legislation and standards

 

Skill Level
Occupations in the finance manager unit group (Group 1322) have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Occupations within the Finance Manager Group

 

• 132211 Finance Manager

 

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.

 

• Information regarding the International English Testing System (IELTS)

 

Assessment Authority

 

• Finance Manager 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

 

Visa Caveat

 

• The following caveat applies to the Subclass 457 visa and the ENS (Subclass 186) Direct Entry Stream application:

   

  Caveat 1:

  The position does not require a minimum of 2 years relevant work experience.

 

Average Income

The average salary for a Finance Manager in Australia is $ 155,244 for male employees and $ 120,645 for female employees per year. Average Age: Males: 44.1 Females: 46.8 Persons: 45.1

Source: www.abs.gov.au (Group 1322) Finance managers - Employee Earnings and Hours, Australia, May 2016

 

 

Please contact us if you would like assistance with your finance manager skilled visa application. Registered Migration Australia is a licensed migration company.

Licensing and/or Professional Associations

In many occupations you must be registered with or obtain a license from a local authority in the state or territory where you want to practise your occupation. Contact the local authority in your relevant state or territory to enquire about the licensing or registration requirements. It may benefit to become a member of a relevant industry association for your occupation which could help with your employment and visa application prospects. 

 

 

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