What Does an Accountant (General) (ANZSCO 221111) Do?
An Accountant (General) (ANZSCO 221111) provides financial reporting, taxation, budgeting, and auditing services to businesses, government agencies, and individuals. They ensure compliance with Australian financial regulations and tax laws.
Key Responsibilities:
Key Responsibilities:
- Preparing and analysing financial statements and reports.
- Managing taxation and compliance with Australian tax laws.
- Providing budgeting, forecasting, and financial planning advice.
- Ensuring regulatory compliance and auditing financial records.
- Advising clients on investment and risk management strategies.
- Using accounting software such as MYOB, Xero, and QuickBooks.
Reference: Australian Bureau of Statistics (ABS)
Skill Level, Qualifications, and Licensing Requirements for Accountant (General) (ANZSCO 221111)
An Accountant (ANZSCO 221111) is classified at Skill Level 1, meaning a bachelor’s degree or higher qualification is required.
Requirements:
- Completion of a Bachelor’s degree in Accounting, Finance, or a related field.
- Membership with CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), or the Institute of Public Accountants (IPA).
- Compliance with Australian financial regulations and tax laws.
- Knowledge of International Financial Reporting Standards (IFRS) and Australian Taxation Office (ATO) requirements.
Reference: Australian Bureau of Statistics (ABS)
Skills Assessing Authority
The CPA Australia, Chartered Accountants ANZ (CA ANZ), and the Institute of Public Accountants (IPA) are the designated assessing authorities for Accountants (ANZSCO 221111).
- Applicants must complete a skills assessment through one of these professional bodies.
- The assessment process may include qualification recognition, work experience verification, and membership eligibility.
Reference: CPA Skills Assessment for Accountants
Available Visa Subclasses for Accountant (ANZSCO 221111)
Since this occupation is listed on the Skilled Occupation List (SOL), plumbers may be eligible for the following visas:
- Subclass 189 – Skilled Independent Visa (Permanent Residency)
- No employer or state sponsorship required.
- Subclass 190 – Skilled Nominated Visa (Permanent Residency)
- Requires nomination by an Australian state or territory.
- Subclass 491 – Skilled Work Regional (Provisional) Visa
- Requires nomination by a state or territory government and mandates residence in a designated regional area for up to five years, with a pathway to PR.
Reference: Department of Home Affairs, ‘Skilled Occupation List’
Job Outlook and Salary Insights
The financial and accounting sectors in Australia are strong, increasing demand for qualified accountants. According to Labour Market Insights Australia, job opportunities in accounting remain stable.
- Entry-level accountants earn around AU$55,000 – AU$70,000 per year.
- Experienced accountants can earn between AU$80,000 – AU$100,000 per year.
- Senior accountants and financial controllers can earn over AU$120,000 annually.
- Accountants with specialist skills in auditing, taxation, or financial management may receive higher salaries.
Reference: PayScale
Conclusion
A career as an Accountant (General) (ANZSCO 221111) in Australia offers strong job prospects, competitive salaries, and multiple migration pathways. With the growing demand for financial professionals, this occupation remains a highly sought-after profession for migrants.