The average salary for a Finance Manager in Australia is AU$95,125.
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What Do Finance Managers Do?
Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They m…Read more
Finance Manager Tasks
- Prepare informational analyses on current processes, actual performance versus budget and prior year data.
- Assist Operations team in Monthly Operations Review.
- Identify areas for cost reductions and operational improvements.
- Provide analyses to Operations team.
Popular Employer Salaries for Finance Manager
The top respondents for the job title Finance Manager are from the companies Loddon Mallee Housing Services, Westpac Banking Corp and CBRE Group. Reported salaries are highest at ANZ Banking Corporation where the average pay is AU$138,467. Other companies that offer high salaries for this role include Loddon Mallee Housing Services, earning around AU$118,079. Westpac Banking Corp pays the lowest at around AU$76,883. CBRE Group also pays on the lower end of the scale, paying AU$112,650.
Finance Manager Job Listings
What Are Popular Skills for Finance Managers?
Skills in Financial Reporting, Financial Analysis and Budgeting are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel and Accounting.
What is the Pay by Experience Level for Finance Managers?
An entry-level Finance Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$64,182 based on 13 salaries. An early career Finance Manager with 1-4 years of experience earns an average total compensation of AU$80,817 based on 273 salaries. A mid-career Finance Manager with 5-9 years of experience earns an average total compensation of AU$96,645 based on 390 salaries. An experienced Finance Manager with 10-19 years of experience earns an average total compensation of AU$105,299 based on 537 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$97,696.
Pay Difference by Location
Employees with Finance Manager in their job title in Sydney, New South Wales earn an average of 11.1% more than the national average. These job titles also find higher than average salaries in Melbourne, Victoria (3.5% more) and Perth, Western Australia (2.2% more). The lowest salaries can be found in Gold Coast, Queensland (21.2% less), Adelaide, South Australia (18.3% less) and Bendigo, Victoria (12.2% less).
Years of Experience
This data is based on 1,464 survey responses.