The average salary for a Finance Officer in Australia is AU$59,568.
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What Do Finance Officers Do?
Finance officers are executives who handle financial issues and decisions in a company. They may oversee accounting departments, review reports, and create budgets. Financial officers also may supervise spending, which can include investments and cash management; they may be responsible for preparing financial statements while maintaining compliance with state and federal government regulations. Managing an internal audit and reporting findings, as well as making recommendations based on that au…Read more
Finance Officer Tasks
- Coordinate financial record-keeping and oversee the development of yearly budgets.
- Provide financial guidance and management expertise related to company operations and financial strategy.
- Supervise investment strategies, direct financial resources, and manage company assets.
- Ensure that accounting, budget and audit controls and systems are in compliance with State, Federal and local rules and regulations.
Popular Employer Salaries for Finance Officer
Finance Officer Job Listings
What Are Popular Skills for Finance Officers?
Skills in Financial Reporting, Payroll Administration and General Ledger Accounting are correlated to pay that is above average. Skills that pay less than market rate include Accounts Receivable and Accounts Payable.
What is the Pay by Experience Level for Finance Officers?
An entry-level Finance Officer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$53,882 based on 26 salaries. An early career Finance Officer with 1-4 years of experience earns an average total compensation of AU$56,536 based on 280 salaries. A mid-career Finance Officer with 5-9 years of experience earns an average total compensation of AU$60,293 based on 175 salaries. An experienced Finance Officer with 10-19 years of experience earns an average total compensation of AU$63,811 based on 163 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$64,696.
Pay Difference by Location
Employees with Finance Officer in their job title in Perth, Western Australia earn an average of 11.5% more than the national average. These job titles also find higher than average salaries in Darwin, Northern Territory (2.8% more) and Melbourne, Victoria (2.2% more). The lowest salaries can be found in Cairns, Queensland (9.2% less), Brisbane, Queensland (4.8% less) and Sydney, New South Wales (1.7% less).
Years of Experience
This data is based on 741 survey responses.