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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.
Know How to Become a Chartered Accountant
This Blog Includes:
- Average Chartered Accountant Salary In Australia
- Average Chartered Accountant Salary In Australia By Experience Level
- Average Chartered Accountant Salary In Australia In Different Sectors
- Average Chartered Accountant Salary In Australia By Education Level
- Average Chartered Accountant Salary In Australia In Different Cities
- Average Chartered Accountant Salary In Australia Compared To Similar Professions
- FAQs
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.
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.
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 | Salary |
| Public sector | 92,500 AUD |
| Private sector | 87,900 AUD |
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 | Salary |
| Diploma or certification | 66,000 AUD |
| Bachelor’s degree | 83,100 AUD |
| Master’s degree | 114,300 AUD |
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 | Salary |
| Accountant | 66,700 AUD |
| Accounting Assistant | 50,600 AUD |
| Accounts officer | 51,800 AUD |
| Accounts payable manager | 130,500 AUD |
| Auditing manager | 140,200 AUD |
| Billing Specialist | 70,500 AUD |
| Cash flow analyst | 103,600 AUD |
| Business support analyst | 76,000 AUD |
| Credit manager | 134,700 AUD |
| Debt advisor | 114,600 AUD |
| Economist | 152,900 AUD |
| Director of Finance | 204,900 AUD |
FAQs
The annual increment percentage is quite good for the job of a Chartered accountant in Australia. You can expect to earn around 8% of a pay raise every 12 months. The pay raise can differ based on your performance and employer.
Though various efforts are being made to remove gender differences in the workplace, certain factors like salary still face certain ratios of difference. The females in Australia earn a 5% lower salary when compared to men in the profession of Chartered accountant.
Australia is a very good place for working as a Chartered Accountant. The country provides a good number of opportunities for work and growth. The work culture and the life balance are also very good in Australia making it a very fit country to work abroad.
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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