12 Accounting and Finance Degree Jobs (With Salary Details)
By Indeed Editorial Team
Published 24 May 2022
The Indeed Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with Indeed's data and insights to deliver useful tips to help guide your career journey.
Accounting and financing are essential services when operating a profitable, sustainable and legally compliant business. Completing an accounting and finance degree can prepare you to enter a range of finance and accounting roles across different industries. If you have a tertiary qualification in finance and accounting or are planning on completing one, it's helpful to know what jobs you can pursue with this education level. In this article, we list some degree names, provide 12 accounting and finance degree jobs you can consider, share the average salary for each and describe what duties these roles usually entail.
What qualifications prepare you for accounting and finance degree jobs?
To qualify for accounting and finance degree jobs, you can complete the following qualifications:
Bachelor of Business (majoring in accounting and finance, professional accounting, finance, financial planning or accounting and financial planning)
Bachelor of Commerce (majoring in finance or finance and banking)
Bachelor of Accounting
Bachelor of Professional Accounting
Bachelor of Economics
Bachelor of Finance
Bachelor of Laws
Bachelor of Business Administration
12 accounting and finance degree jobs
Here are 12 accounting and finance degree jobs you can pursue when you hold a relevant qualification:
National average salary: $67,422 per year
Primary duties: When a company grows and hires more people, it can hire a payroll clerk to help process payrolls to ensure it pays each staff member what they're due. They perform tasks such as managing employee time cards, distributing salaries to department heads and reconciling time taken off work with an employee's remaining allocation of leave days. They also manage overtime, employee benefits and employee tax-related issues. Payroll clerks can perform data entry tasks to log relevant employee data and they can also use payroll software to generate statements.
National average salary: $74,906 per year
Primary duties: When someone purchases a home or a business buys property, they hire a conveyancer to help them transfer its ownership, draw up a transfer deed and register the property at a deeds office. Conveyancers often have a legal background and help parties in a property purchase complete relevant documents and ensure they're compliant with the law. They also help these parties protect their rights and interests during a transaction. Conveyancers can also help transfer or cancel existing property ownership and loans and work with the banks providing the finance.
National average salary: $74,945 per year
Primary duties: When a person buys a property they can consult with a mortgage advisor. This person is an independent financial advisor that can work for financial institutions or independently. They help people find a property that meets their affordability, investigate what level of financing they qualify for and help them determine which financial institution can offer them the best deal. They can recommend specific offerings to customers and help them calculate the added costs and interest rates associated with their mortgage. Mortgage advisors also help customers complete and submit any relevant property paperwork.
National average salary: $77,998 per year
Primary duties: When a business, government body or external regulator suspects that illegal or irregular financial activities have taken place, they can hire forensic accountants to find out if a crime has occurred and to what extent the crime impacts the business. Forensic accountants receive specialised training to detect fraud, falsified documentation and embezzlement taking place in businesses. They can testify in court and criminal cases by offering information on specific transactions or payments. They can also undertake other forms of investigative work related to missing funds or unusual payment patterns between bank accounts.
National average salary: $84,753 per year
Primary duties: Auditors analyse a company's financial records to ensure the information in them is accurate and corresponds with other reported information. They help ensure a business is tax compliant and that fraud isn't taking place in the organisation. Auditors can help businesses improve their accounting practices to become more efficient so that the business manages its cash flow more effectively. Auditors can work for authorities governing publicly listed companies, for auditing firms or as in-house advisors for large businesses. They often capture their audit findings in reports that include financial and tax statements.
National average salary: $87,066 per year
Primary duties: The government and other regulatory bodies create laws that govern how businesses operate to ensure they do so fairly and legally. Compliance officers help businesses remain compliant with these laws by creating policies and procedures for the business to follow. They help the business recognise if it's at risk of breaking any laws. Compliance officers also help create disciplinary measures for staff members who don't comply with relevant policies and procedures to ensure the issue doesn't happen again.
National average salary: $89,026 per year
Primary duties: Credit analysts assess a person's or business's ability to repay a loan and approve or deny applications on behalf of investment banks, commercial banks and credit rating organisations. When a person applies for a loan, a credit analyst analyses their information like their history of repaying loans, how much money they earn and how they spend their income. Credit analysts can use specialised software to analyse someone's credit. They can also review specific cases and make recommendations to clients on how to manage a client's loan such as extending its payment period.
8. Data analyst
National average salary: $95,407 per year
Primary duties: Businesses can generate large volumes of data from various points of their operations. They can use this data to gain important insights into patterns or help predict future occurrences. Data analysts gather, organise and group data sets and use them to solve problems in the business. In accounting and finance settings, data analysts can look at a business's sales and profits figures and analyse them. They also use predictive and prescriptive analysis to determine what can happen in future and recommend a course of action the business can take.
National average salary: $106,285 per year
Primary duties: Businesses can hire treasury analysts to help them improve their financial performance and increase their profits. Treasury analysts evaluate a business's financial activity, including its transactions, its cash flow patterns, what assets and liabilities it has and other financial indicators. They use this information to create treasury reports that give the business recommendations on how they can improve their financial forecasts through improved management and accounting strategies.
10. Tax advisor
National average salary: $112,013 per year
Primary duties: Tax advisors offer businesses and individuals advice on tax-related issues. This can include managing their tax filing and returns in a way that gives them the most financial benefits. Tax advisors are familiar with tax laws and changes in legislation. This helps them create plans that clients use to limit their tax liability. Businesses hire tax advisors to manage their tax obligations for investments or to represent them in front of tax authorities. They also advise individual clients on their personal tax liabilities or when managing taxes on a deceased person's estate.
11. Cost estimator
National average salary: $124,084 per year
Primary duties: When a business plans a project or service it can request an estimate of its cost before proceeding. Cost estimators help businesses calculate the potential cost of something by analysing available data from clients, internal business departments and contractors. Their insights can help businesses minimise their expenses and improve their profits. Cost estimators can help create financial summaries that businesses can include in project or business proposals. They can also use their specialised knowledge of reading technical documents and plans to make accurate price estimations for project proposals.
National average salary: $139,613 per year
Primary duties: A financial controller manages a business's daily operations and keeps its financial records up to date. They can have an economics, finance or accounting education and background. Organisations hire them when the business grows or increases its revenue. Smaller organisations can hire a financial controller to perform more complex and detailed bookkeeping tasks such as ensuring the business remains compliant and helping support business decisions from a financial point of view. In larger organisations, they can work alongside other financial managers and officers to perform a range of financial administrative tasks.
Salary figures reflect data listed on Indeed Salaries at time of writing. Salaries may vary depending on the hiring organisation and a candidate's experience, academic background and location.
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