Living and Working in Sydney
Sydney is the centre of Australian Banking with over two hundred and fifty financial institutions in and around the city. The largest banks have assets of over $300 billion, employ over thirty thousand people nationwide and use temporary staff as an important and flexible work force across all levels.
The Australian Stock Exchange is the areas leading International Exchange. Many international companies are listed here and Australia presently has the very highest percentage of private client shareholders in the world, ensuring that the general public is very financially astute.
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 Sydney 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 Sydney.
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 Sydney. We can also provide
you with up to date Market Information and a thorough review of Sydney with
free Presentations in both PowerPoint or Word.
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