Lyla Lindsey
Australia has a thriving finance sector, with a wide range of job opportunities and pathways, making it a great career choice. Finance jobs in Australia are in demand, particularly for roles such as financial analyst, accountant, and investment banker. With a finance degree, you can pursue a variety of careers, including corporate finance, investment banking, and financial planning. Entry-level finance jobs are also available in banking, with roles such as credit analyst being in high demand. Online job sites such as SEEK, Glassdoor, and eFinancialCareers offer a range of finance job postings in Australia, with salaries ranging from $64,000 to $90,000 per year for entry-level positions.
| Characteristics | Values |
|---|---|
| Number of finance jobs in Australia | 3,855 (as of June 2025) |
| Job Roles | Financial Analyst, Accountant, Investment Banker, Finance Officer, Credit Analyst, Data Scientist, Data Analyst, Bookkeeper, Operations Manager, Technical Scrum Master, Implementation Manager, etc. |
| Required Skills | Microsoft Excel, Leadership, Communication, Financial Accounting, Financial Management, Critical Thinking, Analytical, Maths, Programming Languages (R, Python, SQL, SAS), etc. |
| Qualifications | Bachelor's Degree, Honours Degree, Master's Degree, CA (Chartered Accountant) |
| Salary | AUD 64,000 - AUD 90,000 (depending on the role and experience) |
| Job Sites | SEEK, Glassdoor, LinkedIn, eFinancialCareers |
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What You'll Learn
Entry-level finance jobs
There are several entry-level finance job opportunities in Australia. These include:
Finance Analyst
This role involves supporting the financial and strategic operations of a business. A finance analyst delivers commercial analysis, financial planning, and performance reporting that directly supports business growth and operational decision-making. While this role is not a senior position, it requires strong analytical and critical thinking skills, as well as a natural curiosity to uncover insights from financial data.
Credit Analyst
Entry-level credit analysts are sought by companies like ORIX, a leading provider in the Novated Leasing industry. This role is a great opportunity to step into the financial services industry and work with a progressive and fun company.
Trainee Analyst
As an MUFG Trainee Analyst, you will join the Global Corporate and Investment Banking team within one of the largest global banks. This role provides a great opportunity to fast-track your career in finance.
Investment Analyst
An entry-level investment analyst role with a focus on real estate debt is also available. This position offers flexible working arrangements and the chance to shape financial futures as a financial planner.
Finance/Accounting Graduate
Some companies are looking for finance/accounting graduates to assist accountants with day-to-day financial tasks. This is an excellent opportunity for recent banking/finance graduates to kickstart their careers in finance.
Other Opportunities
Other entry-level finance job roles include positions like Marketing Intern, Business Development Officer, Finance Officer, and HR & Finance Assistant. These roles often provide on-the-job training and are a great way to start your career in finance.
It is important to regularly check job search platforms and company websites for the latest entry-level finance job postings in Australia.
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Qualifications and degrees
A degree in finance, economics, or a related field is typically required for finance jobs in Australia. A bachelor's degree in finance, for example, covers topics such as financial analysis, accounting principles, risk management, and financial modelling. This provides a solid foundation for a range of finance careers. Those with an economics degree may also be well-positioned for finance roles, as they develop strong quantitative and analytical skills, along with an understanding of economic trends and policies that influence financial markets.
Postgraduate degrees, such as a Master of Finance or a Master of Business Administration (MBA), can also enhance your employability and open doors to more senior roles. These programs often offer specialisations in areas like investment banking, financial planning, or risk management, allowing you to tailor your studies to your career aspirations. With a more advanced degree, you can develop a deeper understanding of financial concepts and strategies, as well as gain valuable networking opportunities with industry professionals.
Professional certifications are also highly valued in the finance industry and can often be a requirement for certain roles. The Chartered Financial Analyst (CFA) designation, for instance, is a globally recognised certification that signifies a strong understanding of investment analysis and portfolio management. Other notable certifications include the Certified Public Accountant (CPA), which demonstrates expertise in accounting and financial reporting, and the Financial Risk Manager (FRM) certification, which focuses on risk management and quantitative analysis.
In addition to formal degrees and certifications, developing complementary skills is essential for a successful career in finance. Strong quantitative and analytical skills are a must, so proficiency in mathematics and statistics is beneficial. Computer literacy, including a working knowledge of spreadsheets and financial software, is also important. Furthermore, soft skills such as communication, problem-solving, and critical thinking are highly valued by employers, as they contribute to effective collaboration and decision-making within organisations.
While qualifications and degrees are important, it's also worth noting that some finance jobs may offer on-the-job training and opportunities for skill enhancement. These roles can provide a valuable stepping stone towards more advanced positions, allowing you to develop practical skills and gain industry experience. However, having a relevant degree or certification will likely make you a stronger candidate and open up more opportunities for career progression in the competitive finance sector.
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Career paths and industries
Finance is a broad sector with a wide range of job opportunities and pathways in Australia. A degree in finance or economics is a good starting point for many finance careers, and there are plenty of options for finance degrees at Australian universities. Many careers in finance require at least a bachelor's degree, and more senior positions may require a graduate degree.
There are several entry-level finance jobs that can help you get your foot in the door and provide a stable and secure career path. Banking is one such option, and within this, a role as a credit analyst is in high demand. Credit analysts help companies assess the risks associated with lending and borrowing money and can expect to earn a median salary of $64,000 per year in Australia. With experience, this can increase to upwards of $80,000 per year.
Another entry-level role is that of a financial analyst. Financial analysts deliver insights and recommendations to businesses and individuals, assessing opportunities and risks. They typically have a degree in finance or economics and can expect an average salary of around $70,000. With experience, financial analysts can move up to become senior financial analysts, finance managers, or even chief financial officers (CFOs).
Investment banking associates are another common entry point into the finance industry. This role involves supporting investment bankers, identifying and assessing potential investments, and advising on financial planning and investment strategies. Investment banking associates can earn around $70,000-$90,000, depending on experience and qualifications, and often progress to become investment bankers after a few years.
Other finance career paths include data science and data analysis roles, accounting, and various roles within the banking and financial services sectors.
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Job roles and salaries
The finance sector in Australia offers a wide range of job roles with competitive salaries. The average salary for finance roles across the board is around $95,000 per year, although some sources place this figure at $102,461 per year, or $52.54 per hour. Entry-level positions in finance typically start at around $70,000 to $78,450 per year, providing a solid foundation for career development. These roles may include junior financial analysts, assistant accountants, or finance officers.
As individuals advance in their careers and gain expertise, they can expect their earnings to increase substantially. Mid-level roles in finance often fall within the $80,000 to $100,000 range. Positions such as finance analysts, finance associates, and certain specialist roles fall into this bracket.
For those aspiring to senior financial positions, the salaries can be even more lucrative, ranging from $150,000 to over $350,000 per year. Chief Financial Officers, finance controllers, and treasurers are examples of such senior roles, typically attained through years of experience and expertise.
It is worth noting that specific job roles within the finance sector come with their own unique set of responsibilities and remuneration packages. For instance, a Finance Manager is responsible for overseeing the operations of the finance department, ensuring robust financial controls, accurate reporting, and effective budget management. This role often requires a degree in Accounting, Finance, or a related field.
Additionally, a Finance Analyst plays a crucial role in supporting the financial and strategic operations of a business. They are tasked with delivering commercial analysis, financial planning, and performance reporting to drive business growth and inform decision-making.
The finance sector in Australia also offers diverse opportunities in banking and financial services, government and defence, and administration and office support. Each of these sectors provides unique career paths, flexible working arrangements, and opportunities for professional growth and specialisation.
Furthermore, pursuing postgraduate studies and additional qualifications can significantly enhance one's career prospects and salary potential in the Australian finance sector. Advanced roles often require specialised skills and knowledge that can be gained through postgraduate programs, allowing individuals to become invaluable problem-solvers in specific areas such as risk management, investment strategies, or corporate finance.
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Skills and experience
The skills required for finance jobs in Australia vary depending on the specific role and level of seniority. However, there are several transferable skills that are applicable across the industry. These include analytical skills, communication skills, problem-solving abilities, and a strong understanding of financial markets and trends.
For instance, data scientists in finance need strong analytical and mathematical skills, as well as experience with programming languages like Python and SQL. They are responsible for creating statistical models and searching for patterns in data to inform financial strategies. Similarly, data analysts need to collect, analyse and present insights from data, working closely with senior stakeholders to inform business decisions.
For more entry-level roles, such as a credit analyst, diligence, quantitative analysis skills, computer software skills, and communication abilities are sought after. A credit analyst evaluates loan applications, determines credit limits and interest rates, and assesses risk. Paraplanners, who help financial advisors with planning and investment recommendations, also require excellent analytical and research skills, as well as strong communication and interpersonal skills.
For more senior roles, such as Chief Financial Officers (CFOs) or Chief Investment Officers (CIOs), a minimum of five years of professional experience at the executive level is often required, along with significant investment experience and additional qualifications in economics or accounting.
Additionally, some roles require specific software skills, such as Microsoft Excel, Power BI, and accounting software.
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Frequently asked questions
Many finance careers require at least a bachelor's degree in a relevant field, such as finance, economics, mathematics, or accounting. More senior positions may require a graduate degree.
Entry-level finance jobs in Australia include financial analyst, investment banking associate, and credit analyst. These roles typically provide a good foundation for a career in finance and can lead to more advanced positions.
Financial analysts deliver insights and recommendations to businesses and individuals. They analyse financial data, prepare reports, and assess opportunities and risks. Financial analysts typically work across various industries, including banking, insurance, accounting, and investments.
Entry-level finance jobs often require a combination of technical and soft skills. Technical skills may include knowledge of financial markets and trends, analytical abilities, and proficiency in Microsoft Excel and other relevant software. Soft skills, such as communication, relationship-building, and critical thinking, are also highly valued.
Popular job search platforms for finding finance jobs in Australia include SEEK, Glassdoor, and eFinancialCareers. These websites provide a range of job listings, company reviews, salary information, and career resources to help you find suitable finance job opportunities.
