Description Of Chartered Accountant Salary In Australia 2024-25

The job of a Chartered Accountant is a very recognized and respected profession opening doors globally for several opportunities to flood in from all directions. Australia provides a good growth field for charted accounts with competitive and worthy opportunities in the country attracting accountants from all the countries. Along with the scope, it is very important to look at the salary that the country provides to the profession. Through this blog, let us look at the in-depth simplification of Chartered Accountant salary in Australia.

Average Chartered Accountant Salary In Australia

The pay of the Chartered Accountant in Australia is pretty rewarding. The average salary of a Chartered Accountant in Australia is 79,500 AUD for a year, and 6,625 AUD for a month

Considering the highest and lowest averages, the salary is:

• 123,000 AUD is the average highest annual salary 
• 43,500 AUD is the average lowest annual salary
• 10,250 AUD is the average highest monthly salary
• 3,625 AUD is the average lowest monthly salary

Your salary can also vary from the averages as the salary depends on several other factors like education, experience, etc.

Know How to Become a Chartered Accountant

Average Chartered Accountant Salary In Australia By Experience Level

The level of experience is the most crucial factor when the salary for an employee is decided. You can get approximately 26% of the higher salary if you have 2 years of experience when compared to a fresher in the industry. You can get a clear picture of salary differences by experience by referring to the following image.

Experience	Average Salary Per Year
0-2 Years	AUD 47,200
2-5 Years	AUD 65,200
5-10 Years	AUD 86,800
10-15 Years	AUD 103,600
15-20 Years	AUD 108,200
20+ Years	AUD 120,400

Average Chartered Accountant Salary In Australia In Different Sectors

Private and government sectors have a slight difference in the payout for employees in almost all professions. The public sector is likely to pay a higher salary compared to the private sector. In the job of a Chartered Accountant, the public sector pays 5% of a higher salary to employees than the public sector.

Sector	Average Salary Per Year
Public sector	AUD 92,500
Private sector	AUD 87,900

Average Chartered Accountant Salary In Australia By Education Level

The salary of a chartered is decided upon the level of education level. A higher level of education brings you higher salary packages. Higher education inculcates graduates with more knowledge and skills. For example, with a master’s degree, you can earn 37% higher than an employee with a bachelor’s degree.

Educational Qualification	Average Salary Per Year
Diploma or certification	AUD 66,000
Bachelor’s degree	AUD 83,100
Master’s degree	AUD 114,300

Learn about Accounting programs in Australia

Average Chartered Accountant Salary In Australia In Different Cities

The same country might have a slight difference in the payout for the same professions in different cities. Through the following image let’s see which cities pay higher average salaries to the Chartered Accountants:

Average Chartered Accountant Salary In Australia Compared To Similar Professions

To get a clear picture and comparison of the average Chartered accountant salary in Australia let us compare the salary to some of the similar professions in the same industry through the table below:

Profession	Average Salary Per Years
Accountant	AUD 66,700
Accounting Assistant	AUD 50,600
Accounts officer	AUD 51,800
Accounts payable manager	AUD 130,500
Auditing manager	AUD 140,200
Billing Specialist	AUD 70,500
Cash flow analyst	AUD 103,600
Business support analyst	AUD 76,000
Credit manager	AUD 134,700
Debt advisor	AUD 114,600
Economist	AUD 152,900
Director of Finance	AUD 204,900

Steps to Become a Chartered Accountant in Australia 

The following are the steps you can follow to become a successful CA in Australia. 

• First, take up a bachelor’s degree in finance/accounting/business from a recognised university 
• Next, get a provisional membership with the Chartered Accountants Australia and New Zealand. You can apply online for the same by demonstrating your academic qualifications.
• After that work on gaining relevant work experience or accounting firm placements.
• At this stage, you will become eligible to apply for full membership with Chartered Accountants Australia and New Zealand (CA ANZ). The full membership would cost you around AUD 837. 
• One major perk is that you can apply for a role as a Certified Practising Accountant from India as well. That is if you meet the eligibility criteria.
• Finally, you can apply for jobs as a Chartered Accountant in Australia. You can check popular job sites for relevant work.

Basic Eligibility Criteria for a CA in Australia

To work in Australia as a Chartered Accountant you need to meet the basic requirements. Some of these requirements are provided below:

• Experience: You need at least 5 years post-work experience (preferably in a senior role). However, in some cases, the ICAI and the CA ANZ would consider candidates with 3 years of post-membership working experience. That is if they meet all the requirements of the MoU (clause 3). This includes seniority of roles.
• CA ANZ Membership: Moreover, ICAI members must clear the International Pathway Program to be eligible for the CA ANZ membership.
• Recognition in India: To be recognised as a CA by the Institute of Chartered Accountants of India (ICAI), the CA ANZ members who have completed the CA program must complete the Taxation, Law, and Ethics modules of ICAI. 

Skills to Become a CA in Australia 

The following skills are necessary to start your career as a CA in Australia.

Strategic Decision-Making	Data Analysis	Critical Thinking
Collaboration	Computer Literacy	Adaptability
Communication &Time Management	Problem-Solving	Accounting Standards

To more about becoming a CA in Australia, watch the video below

FAQs

This was all about the Chartered Accountant Salary In Australia. To read more such informative blogs on Jobs and Salary-related topics kindly follow Jobs Abroad. To learn about studying abroad, follow Leverage Edu.

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