Find Your Australia Skilled Occupation List

Finance Manager - 132211

Description

Finance Managers plan, organise, direct, control and coordinate the financial and accounting activities within organisations.

Skill Level

1

Alternative Titles

  • Chief Financial Officer
  • Finance Director
  • Financial Controller
Skills Assessment Requirements

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Finance Manager is Chartered Accountants Australia and New Zealand  (CAANZ). To have a positive skills assessment, you must meet the following criteria

  • You must hold an Australian bachelor’s degree or 12 unit Australian master’s degree OR an overseas tertiary and/or professional membership qualification comparable to at least the level of an Australian bachelor’s degree
  • You must successfully complete all mandatory competency areas that are relevant to your nominated occupation
  • You must provide evidence that you have met the English language proficiency requirement
    • For example, you must achieve a score of 7 or above for listening, reading, writing and speaking on the IELTS test
Group Title 1322 Finance Managers
Group Description

plan, organise, direct, control and coordinate the financial and accounting activities within organisations.

Tasks

  • determining, implementing, monitoring, reviewing and evaluating budgetary and accounting strategies, policies and plans in consultation with other Managers
  • providing financial information and interpreting the implications for business performance and funding needs
  • coordinating the development, implementation and monitoring of accounting systems
  • directing the preparation of financial reports that summarise and forecast the organisation’s financial position such as income statements, balance sheets and analyses of future earnings and income
  • assessing capital finance proposals and the financial status of operational projects
  • advising on investment strategies, sources of funds and the distribution of earnings
  • delivering long range profit forecasts, budgeting and financial reporting
  • ensuring compliance with financial legislation and standards

Skill Level

Most occupations in this unit group 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 (ANZSCO Skill Level 1).

Occupations in this Group

  • 132211 Finance Manager

How to calculate your points (skilled visas)

To apply for a skilled visa, you must determine your points score. The minimum required to be eligible is 65 points. However, depending on your occupation, the demand, and the state you are applying to, you may need a higher score to receive an invitation.

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