Finance managers supervise the preparation of financial reports required by law, and create financial plans to meet the needs of an organisation’s long and short-term goals.

Where finance managers are employed

Finance managers work in diverse environments, including sporting organisations, retail outlets, government organisations, finance companies, banks and building societies, real estate firms, taxation consultancies, community service organisations and accounting firms. They can work in partnership with other accountants or be self-employed.

Employment opportunities for finance managers can vary from year to year for many reasons, such as changes in taxation and other commercial laws, changes in the demand for financial advice and planning services, industry restructuring and the general level of activity in all sectors of business. The financial viability of firms and advances in technology may also have an effect on employment.

Pay

Full-time finance managers in South Australia generally earn more than $1,600 per week.

Graph of pay scales for finance manager

Job prospects

In 2011 there were 2,068 people employed full-time as finance managers in South Australia compared with 2,146 in 2006.

How to become one

To become a finance manager you usually have to complete a vocational education and training (VET) qualification in accounting. As subjects and prerequisites can vary between institutions, you should contact your chosen institution for further information. You may be able to study through distance education.

See courses related to this occupation.

You can also become an accountant by completing a degree in accounting or a related field such as business or commerce with a major in accounting. To get into these courses you usually need to gain your South Australian Certificate of Education (SACE). At school consider doing English and mathematics. Most universities in Australia offer degrees in these areas. Universities have different prerequisites and some have flexible entry requirements or offer external study.

For information on course admission requirements and how to apply to the universities and TAFE in South Australia, visit the South Australian Tertiary Admissions Centre (SATAC).

Check South Australian Universities at The University of Adelaide, Flinders University and University of South Australia.

For information about Australian universities visit Quality Indicators for Learning and Teaching (QILT).

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Career information has been sourced from government publications, see data sources for more information.
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