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Finance Managers plan, organise, direct, control and coordinate the financial and accounting activities within organisations.
Specialisations: Financial Administrator
Earnings are for full-time workers before tax, excluding superannuation. Earnings are a guide only and can vary greatly.
Likely change in the number of jobs over the next 5 years, based on the Department of Jobs and Small Business projections.
Skill Level is the education or training usually needed to do well in this job. Relevant experience is sometimes viewed just as highly.
Employment Size is the number of people who work in this job in Australia.
An above average unemployment rate shows people who do this job are more likely to be out of work than people who do other jobs.
Full-time workers usually work 35 hours or more a week (in all their jobs combined).
This is a very large occupation employing 52,500 workers. The number of workers has stayed about the same over the past 5 years. Over the next 5 years (to May 2022) the number of workers is expected to grow moderately to 55,900. Around 39,000 job openings are likely over this time from workers leaving and new jobs being created.
A Bachelor Degree or higher, or at least 5 years of relevant experience is usually needed to work in this job. Around three quarters of workers have a university degree.
If you are interested in this style of work, there are a wide range of training options available that could lead to this or a similar job. The pathway that is right for you will depend on your skills and interests.
It is a good idea to speak to industry bodies, employers, and workers to learn more about the skills and qualifications you will need.
Employers look for Finance Managers who can communicate clearly, have strong interpersonal skills and pay attention to detail.
The topics, subjects, or knowledge areas workers rate as most important are shown below.
Economics and accounting, the financial markets, banking and checking and reporting of financial data.
Planning and coordination of people and resources.
Arithmetic, algebra, geometry, calculus, or statistics.
English language including the meaning and spelling of words, rules of composition, and grammar.
How our laws and courts work. Government rules and regulations, and the political system.
Skills can be improved through training or experience. The skills workers rate as most important are shown below.
Thinking about the pros and cons of different ways to solve a problem.
Figuring out the pros and cons of different options and choosing the best one.
Noticing a problem and figuring out the best way to solve it.
Figuring out how money is needed to do something, and keeping track of the money that's being spent.
Reading work related information.
The physical and social abilities workers rate as the most important are shown below.
Use rules to solve problems.
Make general rules or come up with answers from lots of detailed information.
Listen to and understand what people say.
Communicate by speaking.
Notice when something is wrong or is likely to go wrong, even if you can't solve the problem.
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.The importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 11-3031.01 - Treasurers and Controllers.
Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.
The work activities workers rate as most important are shown below.
Using information to work out the best solution and solve problems.
Looking for, getting and understanding different kinds of information.
Looking at, working with, and understanding data or information.
Compiling, coding, categorizing, calculating, tabulating, auditing, or checking information or data.
Giving information to supervisors, co-workers, and staff by telephone, in written form, e-mail, or in person.
The physical and social demands workers face most often are shown below.
How often do you work indoors with access to heating or cooling?
How often do you use electronic mail?
How often do you talk on the telephone?
How often do you talk with people face-to-face?
How much time do you spend sitting?
Work values are important to a person’s feeling of satisfaction. All six values are shown below.
Job security and good working conditions. There is usually a steady flow of interesting work, and the pay and conditions are generally good.
Results oriented. Workers are able to use their strongest abilities, giving them a feeling of accomplishment.
Work alone and make decisions. Workers are able to try out their own ideas, make decisions on their own, and work with little or no supervision.
Supportive management that stands behind employees. Workers are treated fairly by their company, they are supported by management, and have supervisors who train them well.
Advancement and the potential to lead. Workers are recognised for the work that they do, they may give directions and instructions to others, and they are looked up to in their company and their community.
Serve and work with others. Workers usually get along well with each other, do things to help other people, and are rarely pressured to do things that go against their sense of right and wrong.
Interests are the style or type of work we prefer to do. All interest areas are shown below.
Following set procedures and routines. Working with numbers and details more than with ideas, usually following rules.
Starting up and carrying out projects. Leading people and making many decisions. Sometimes require risk taking and often deal with business.
Ideas and thinking. Searching for facts and figuring out problems in your head.
Working with people. Helping or providing service to others.
Practical, hands-on work. Often with plants, animals, and materials like wood, tools, and machinery.
Working with forms, designs and patterns. Often need self-expression and can be done without following rules.