Living and Working in Melbourne
Melbourne is the centre of Commercial Accounting with over five hundred Multinationals in and around the city. A majority of the major blue chips are located here, and include companies such as Cadbury Schweppes, Shell and General Electric. Overall, the Commercial sector in Melbourne employs well over 100,000 people, a significant number of which make use of a flexible and available temporary work force for travelling accountants both part qualified and qualified.
Melbourne is also the home to a large number of companies in the Insurance, Superannuation and Investment Management sectors and include some of the major global players such as Merrill Lynch, Axa and CGU, as well as some of the more established local names.
Markets are always fluctuating, however expansion, projects and difficulties in permanent recruitment mean there is always a need for temporary staff of a high quality. As Sydney is home to such diverse businesses, whilst one sector may be downsizing you can guarantee another will be expanding.
The majority of contracts we deal with last 3-6 months, although some will remain with the same company for two years or more. WH recruits roles from Finance Directors to Clerks.
Accounting |
| Role |
Hourly Rate |
| Finance Directors |
$70 - 100 |
| Financial Consultants |
$60 - 70 |
| Chief Accountants |
$50 - 60 |
| Financial Accountants |
$35 - 50 |
| Management Accountants |
$30 - 45 |
| Analysts |
$30 - 55 |
| Product Accountants |
$25 - 35 |
| Internal Auditors |
$35 - 40 |
| Auditors |
$35 - 50 |
| Corporate Finance Executives |
$50 - 75 |
| Group Accountants |
$40 - 45 |
| Tax Accountants |
$30 - 50 |
| Spreadsheet Analysts |
$35 - 40 |
| Risk Analysts |
$28 - 45 |
| Project Accountants |
$25 - 55 |
| Assistant Accountants |
$20 - 30 |
| Ledger Clerks |
$18 - 23 |
| Cashiers |
$18 - 23 |
| Data Input Clerks |
$15 - 20 |
There are always roles available within financial and management accounting areas, however banks are always crying out for Product Accountants with any previous product exposure.
| Role |
Hourly Rate |
| Settlements |
$18 - 24 |
|
| Portfolio Administrators |
$19 - 25 |
| Trade Support |
$18 - 24 |
| Payments Transfers |
$16 - 22 |
| Funding |
$18 - 25 |
| Stock Lending |
$17 - 23 |
| Corporate Actions |
$18 - 26 |
| Global Custody |
$18 - 24 |
| Confirmations |
$17 - 24 |
| Nostro |
$17 - 24 |
| Database Administrators |
$16 - 22 |
| Unit Trusts |
$16 - 22 |
| Dividends |
$16 - 23 |
| Cash Management |
$17 - 24 |
| Loans Administrators |
$17 - 22 |
| Static Data Clerks |
$15 - 18 |
| Reconciliations |
$18 - 24 |
| Data Input Clerks |
$15 - 18 |
Previous settlement experience does make a difference in the speed of finding a job. However Operations is an area where there is always a great demand for good candidates. It is often used as a way of getting into banking.
Contracting gives you the opportunity to develop a range of skills that may not otherwise arise through permanent work. The experience gained can very much enhance a person's career and personal development.
The Melbourne market will pay highly for professionals with relevant skills. Competition between individual companies and between individual banks is fierce and impressive rates of pay are offered to secure the best candidates. Contractors who arrive in Australia with little experience can gain enough skills in a short period of time to increase their pay rate significantly upon returning home.
Irish and English are very popular within the contracting market in Melbourne. This is due to the standard of professionalism, experience and diligence of those who have contracted over the years. Added to that, they are seen to always fit in well with departments and deliver what is asked of them.
To find out more, please Contact us. We will put you in contact with one of our Consultants who has both lived in and worked in Melbourne. We can also provide you with up to date Market Information and a thorough review of Melbourne with free Presentations in both PowerPoint or Word.
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