221112 MANAGEMENT ACCOUNTANT

Occupation Overview:

Management Accountant belongs to the occupation unit group of 2211 ACCOUNTANTS and is a Skill Level 1 occupation in Australia. In other words, a management accountant must 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).

Key Tasks:

Provides services relating to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting and the strategic governance of organisations. Provides advice on financial planning, risk management, carbon sequestration projects and carbon pricing and provides management with reports to assist in decision-making. May provide insight into cost performance and support the implementation of benchmarking and quality improvement initiatives. Registration or licensing may be required.

Alternative Title:

Cost Accountant

Specialisations:

Carbon Accountant
Commercial Accountant
Product Accountant

Skills Assessment Authority:

Chartered Accountants Australia and New Zealand (CAANZ), CPA Australia (CPAA) and Institute of Public Accounts (IPA) are assessing authority that approved by the Department of Home Affairs (DHA) to conduct skills assessments for accounting occupations for Australian immigration purpose.

UNIT GROUP 2211 ACCOUNTANTS

Most occupations in this unit group 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 (ANZSCO Skill Level 1). Registration or licensing may be required.

Tasks Include:

assisting in formulating budgetary and accounting policies
preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
examining operating costs and organisations’ income and expenditure
providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
providing financial and taxation advice on business structures, plans and operations
preparing taxation returns for individuals and organisations
liaising with financial institutions and brokers to establish funds management arrangements
introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
maintaining internal control systems
may appraise cash flow and financial risk of capital investment projects

Occupations:

221111 Accountant (General)
221112 Management Accountant
221113 Taxation Accountant

Australian Visa Options for 221112 MANAGEMENT ACCOUNTANT

This occupation has access to the following Australian immigration programs:

If you are interested in understanding more about migrating to Australia and the prospect of working and living in Australia, please book a consultation with Ausdirect Migration today and our immigration experts will guide you along the journey.

221112 MANAGEMENT ACCOUNTANT