For a Management Accountant Emigrating to Australia
Welcome to our guide on the Australian skills assessment process for a Management Accountant. Before we examine the skills required to be recognised as a Management Accountant it may be helpful to explain that the skills assessment is the first step of the emigration process. The skills Assessment of a Management Accountant determines their eligibility to emigrate and the visa options available. Ultimately, it will affect their employment opportunities once they are in Australia.
While we appreciate that each case is unique, we always strive to secure the best possible outcome from the Skills Assessing Authorities in Australia. Experience has proven that efforts and expertise in this area are often the keys to a successful case.
Ensuring Management Accountants Are In High Demand
Every skilled migrant wants to know they will be able to secure a job quickly and easily when they are in Australia. The Australian emigration system ensures that they can.
Each year, State Governments and the two territorial Governments report to the federal government on their local demand for Management Accountants and if they need to bring in Management Accountants from overseas to fill any potential shortage skills gaps. This report states the number of overseas a Management Accountants required in the coming year to fill the skills gap within each region.
The Skills in demand are then broken down into priority lists. These lists range from those skills in high demand across the country to those skills with only limited demand within rural areas.
Curently, Management Accountants are on the MLTSSL list. Being on this list means a Management Accountant may qualify for one of the following visa streams:
- 186, 189 (PT), 190, 407, 485 (GW),491 (F), 491 (S/T), TSS (M), 494
To read more about the shortage skills list, you can visit the government website here: MLTSSL
Skills and Experience Required To Be a Management Accountant
Before a person can be accepted in Australia as Management Accountant, their qualification, skills and experience must be independently verified via a rigorous accreditation. The process ensures all skilled migrants can do their jobs to the required Australian standards.
1. Defining the job title a Management Accountant:
The profession “a Management Accountant” can mean something slightly different in Australia to what is referred to overseas. In “official emigration terms”, this profession is aligned within the occupation category “Management Accountant” and is uniquely identified by the code 221112. This may seem weird to some people, but it is a registry system that has been in place since 2006.
2. Key Requirements for a Management Accountant:
For a Management Accountant to be deemed experienced down under, here are the essential skills, tasks, duties and responsibilities they must be familiar with:
General Duties:
Communication and collaboration
Human resources
Performance evaluation and efficiency improvement
Data
analytics
and databases
Records
documentation
reports and research
Business operations and financial activities
Operating procedures and processes
Construction
Core Specialist Responsibilities:
Provide financial advice
Supervise staff
Maintain records
documents or other files
Undertake human resources activities
Maintain inventory and stock
Verify and maintain financial records
Communicate and collaborate
Appraise or evaluate properties
Manage
monitor and undertake financial activities
Use data to inform operational decisions
Undertake financial reporting
documentation and analysis
Develop operational strategies
plans or procedures
Improve operational performance
Analyse market data and trends
Specific Tasks Associated with the Role:
Examine financial records or processes
Calculate tax information
Conduct financial or regulatory audits
Analyse financial information
Examine financial records
Analyse data to inform operational decisions or activities
Analyse budgetary
accounting or business data
Advise others on financial matters
Advise others on human resources topics
Forecast economic
political
social or financial trends
Prepare financial documents
reports or budgets
Prepare financial documents
Evaluate condition of properties
Analyse business or financial data
Maintain data in information systems or databases
Develop operating strategies
plans or procedures
Monitor inventories
Report information to managers or other staff
Develop business or financial information systems
Identify opportunities to improve operational efficiency
Appraise property values
Supervise employees
3. The Australian eligibility criteria for a Management Accountant:
Currently Management Accountant’s are listed on the . This reflects the demand for the profession within Australia.
4. Emigration options:
As the profession is currently listed on the , there are places available. However, demand is high, and Australia will stop inviting further applicants to emigrate once all the places are filled.
Navigating the Vocational Education and Training Assessment Services Skills Assessment Process
For Management Accountants, the skills assessing body is “Vocational Education and Training Assessment Services” they are often referred to as the VETASSESS. To visit their site, follow the link: https://www.vetassess.com.au
It is important to note that the primary purpose of the Vocational Education and Training Assessment Services is to make a profit and protect their current members from migrants entering Australia, taking their members’ jobs, and driving down standards or wages.
Therefore, the VETASSESS will often look to delay, frustrate and reject cases, preventing accreditations wherever possible, with those aims in mind.
The result of a candidate’s skills assessment is often a key factor in their success. It is vital that we secure the highest possible skills accreditation.
Find out more
Emigration law is one of the most complex areas of legislation and is continuously being adapted. By definition, emigrating to Australia is a legal process where the individual must prove their case. It is not down to the government to assist in that process. In fact, in legal terms, it is the government against whom we must win our case.
To discover more, complete our assessment form for your complimentary guide and one of our friendly experts will assess your eligibility to live and work in Australia.
