ANZSCO 221112: MANAGEMENT ACCOUNTANT
Major Group: 2 – Professionals | Sub-Major Group: 22 – Business, Human Resource and Marketing Professionals | Minor Group: 221 – Accountants, Auditors and Company Secretaries | Unit Group: 2211 – Accountants
Description: Provides services relating to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting and the strategic governance of organisations. Provides advice on financial planning, risk management, carbon sequestration projects and carbon pricing and provides management with reports to assist in decision-making. May provide insight into cost performance and support the implementation of benchmarking and quality improvement initiatives. Registration or licensing may be required.
Skill Level 1 : Occupations at Skill Level 1 have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Alternative Titles
Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used.
Specialisations
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Commercial Accountant
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Carbon Accountant
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Product Accountant
Specialisation titles are any commonly used titles which refer to a subset of jobs belonging to the occupation designated in the principal title. These jobs involve the performance of specialised tasks rather than the broader range of tasks usually performed in the occupation.
UNIT GROUP 2211: ACCOUNTANTS
Description: Plan and provide accounting systems and services relating to taxation and the financial dealings of organisations and individuals, and advise on associated record-keeping and compliance requirements.
Skill Level: Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).
Registration or licensing may be required.
Tasks
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assisting in formulating budgetary and accounting policies
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preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
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conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
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examining operating costs and organisations’ income and expenditure
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providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
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providing financial and taxation advice on business structures, plans and operations
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preparing taxation returns for individuals and organisations
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liaising with financial institutions and brokers to establish funds management arrangements
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introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
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maintaining internal control systems
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may appraise cash flow and financial risk of capital investment projects
Other occupations in this Unit Group
Caveat on the occupations
Labour Market Testing Requirement