Australia is a prime destination for skilled professionals seeking career opportunities and long-term settlement. Among the in-demand occupations in the country, accounting remains a highly sought-after profession, making it an excellent pathway for migrants. With the growing need for financial experts, many companies and institutions offer sponsorship opportunities for foreign accountants, allowing them to secure employment and gain permanent residency.
This guide explores everything you need to know about accounting job sponsorship in Australia, including eligibility criteria, visa options, job opportunities, salary expectations, and how to successfully secure a sponsored accounting job.
Why Choose Australia for an Accounting Career?
Australia boasts a strong economy, a well-regulated financial system, and a high demand for accounting professionals across various industries. There are numerous reasons why international accountants consider moving to Australia, including:
1. High Demand for Accountants
Australia has a continuous need for qualified accountants to support its economic growth. Industries such as banking, finance, real estate, healthcare, and government agencies actively seek professionals with strong accounting and financial expertise.
2. Competitive Salaries and Career Growth
Accountants in Australia enjoy competitive salaries and opportunities for career advancement. Experienced professionals often progress to managerial and executive roles, making the field attractive for career-driven individuals.
3. Pathway to Permanent Residency
Australia offers multiple visa pathways for skilled accountants, allowing them to transition from temporary work visas to permanent residency. This makes it an ideal destination for professionals seeking long-term settlement.
4. High Quality of Life
With its stable economy, excellent healthcare, and high living standards, Australia is one of the best countries for skilled migrants. Cities like Sydney, Melbourne, Brisbane, and Perth offer vibrant professional environments with numerous career opportunities.
Visa Options for Accounting Job Sponsorship in Australia
For international accountants aspiring to build a successful career in Australia, securing the appropriate visa is an essential prerequisite. Several visa pathways facilitate the employment of foreign accountants, allowing them to legally work and contribute to the nation’s financial sector under employer sponsorship. These visa options not only provide a gateway to lucrative career opportunities but also serve as potential stepping stones toward permanent residency. Understanding the intricacies of each visa type, including eligibility criteria, employer requirements, and long-term benefits, is crucial for professionals seeking a seamless transition into Australia’s dynamic accounting industry.
1. Temporary Skill Shortage (TSS) Visa (Subclass 482)
The TSS Visa (Subclass 482) is a popular option for skilled foreign workers, including accountants. It allows Australian employers to sponsor overseas candidates to fill labor shortages. This visa is available in three streams:
- Short-term Stream (up to 2 years, renewable once)
- Medium-term Stream (up to 4 years, with a pathway to permanent residency)
- Labour Agreement Stream (for specific industries under negotiated agreements)
To qualify, applicants must have at least two years of relevant work experience, meet English language requirements, and have their skills assessed.
2. Skilled Employer Sponsored Regional (Provisional) Visa (Subclass 494)
The Subclass 494 Visa allows employers in regional areas to sponsor skilled workers for up to five years. It provides a direct pathway to permanent residency after three years. Accountants willing to work in regional areas have a higher chance of securing sponsorship through this visa.
3. Employer Nomination Scheme (ENS) Visa (Subclass 186)
The Subclass 186 Visa is a permanent employer-sponsored visa for skilled workers. It requires applicants to be nominated by an Australian employer and have at least three years of relevant work experience. This visa is ideal for accountants seeking long-term employment and residency in Australia.
4. Skilled Independent Visa (Subclass 189)
Although not a sponsored visa, the Subclass 189 Visa allows accountants to migrate independently based on their skills. To qualify, applicants must meet the points test based on age, qualifications, work experience, and English proficiency. Accountants are on the Medium and Long-term Strategic Skills List (MLTSSL), making this visa a viable option for skilled professionals.
5. Skilled Nominated Visa (Subclass 190)
The Subclass 190 Visa is a state-sponsored visa that allows accountants to apply for permanent residency. To qualify, applicants must receive nomination from an Australian state or territory government. Each state has its eligibility criteria, including specific work experience and residency requirements.
Skills Assessment for Accountants in Australia
To work as an accountant in Australia, foreign applicants must undergo a skills assessment conducted by a recognized authority. The primary assessment body for accountants is the Chartered Accountants Australia and New Zealand (CA ANZ) or CPA Australia.
Skills Assessment Requirements
- A recognized accounting degree from an accredited institution
- Completion of specific subjects in accounting, auditing, and taxation
- English language proficiency (IELTS, TOEFL, or PTE)
- Relevant work experience (varies depending on visa type)
Once approved, applicants can use the skills assessment outcome to apply for skilled migration visas or employer-sponsored programs.
How to Secure an Accounting Job with Sponsorship in Australia
Finding a job that offers visa sponsorship requires a strategic approach. Here’s how you can successfully secure an accounting job with sponsorship in Australia.
1. Research Australian Employers That Offer Sponsorship
Many companies and financial institutions in Australia sponsor skilled accountants. Some of the top employers include:
- Big Four Accounting Firms (Deloitte, EY, KPMG, PwC)
- Government Agencies (Australian Taxation Office, State Revenue Departments)
- Banks and Financial Institutions (Commonwealth Bank, ANZ, NAB, Westpac)
- Multinational Corporations with large finance departments
2. Enhance Your Qualifications and Experience
Employers prefer candidates with strong technical skills in accounting, taxation, and auditing. Consider obtaining professional certifications such as:
- Certified Practising Accountant (CPA) Australia
- Chartered Accountant (CA ANZ)
- Certified Management Accountant (CMA)
Gaining experience in financial analysis, reporting, and compliance can make you a stronger candidate for sponsorship opportunities.
3. Build a Strong Resume and Cover Letter
Tailor your resume to highlight your accounting experience, technical skills, and achievements. Emphasize your:
- Educational qualifications
- Work experience in accounting and finance
- Knowledge of Australian accounting standards
- Proficiency in accounting software (MYOB, Xero, SAP, QuickBooks)
Your cover letter should express your interest in the role and demonstrate how your skills align with the company’s needs.
4. Utilize Job Portals and Networking
Job search platforms like Seek, Indeed, and LinkedIn are excellent resources for finding sponsored accounting jobs. Additionally, networking through professional associations and LinkedIn can help you connect with employers willing to sponsor skilled migrants.
5. Prepare for Job Interviews
Employers often assess candidates based on technical accounting knowledge, problem-solving skills, and communication abilities. Be ready to discuss your experience with:
- Financial statements and tax compliance
- Accounting regulations and reporting standards
- Budgeting and financial analysis
Practicing behavioral interview questions related to teamwork, leadership, and ethical decision-making can also improve your chances of success.
Salary Expectations for Accountants in Australia
The salary for accountants in Australia varies depending on experience, qualifications, location, and industry. Sponsored accountants can expect competitive salaries, with opportunities for pay increases as they gain experience.
Entry-Level Salaries
Fresh graduates and early-career accountants typically earn between AUD 55,000 – AUD 70,000 per year. Those with internship experience or additional certifications may start at the higher end of this range.
Mid-Level Salaries
Accountants with 3–5 years of experience can earn between AUD 75,000 – AUD 95,000 annually. Many professionals at this stage also take on leadership roles, overseeing junior accountants and managing financial reports.
Senior-Level Salaries
Senior accountants, finance managers, and auditors with over 7–10 years of experience earn between AUD 100,000 – AUD 140,000 per year. Those in executive positions, such as Chief Financial Officers (CFOs), can make upwards of AUD 180,000 annually.
Salary by Location
Salaries vary by city and state due to demand and cost of living differences. The highest-paying cities for accountants include:
- Sydney: AUD 75,000 – AUD 130,000
- Melbourne: AUD 70,000 – AUD 125,000
- Brisbane: AUD 65,000 – AUD 115,000
- Perth: AUD 68,000 – AUD 120,000
- Adelaide: AUD 60,000 – AUD 110,000
Regional areas may offer slightly lower salaries but often provide better visa sponsorship opportunities, particularly through Subclass 494 and regional nomination programs.
State Nomination Programs for Accountants
Several Australian states and territories offer nomination programs that make it easier for accountants to secure permanent residency. Each state has specific eligibility criteria and priority occupations.
New South Wales (NSW)
NSW has a high demand for accountants, particularly in Sydney. The state nominates accountants through the Subclass 190 and Subclass 491 visas. Candidates must demonstrate work experience, high English proficiency, and a strong point score.
Victoria (VIC)
Victoria prioritizes accountants with experience in financial services, taxation, and business advisory roles. The state’s Skilled Migration Program is competitive, requiring a high Expression of Interest (EOI) score.
Queensland (QLD)
Queensland encourages skilled accountants to apply for Subclass 491 and 190 visas. The state prefers applicants with job offers in regional areas or work experience in the local economy.
South Australia (SA)
South Australia actively sponsors accountants through its state nomination program. Candidates who study or work in SA receive priority processing.
Western Australia (WA)
WA provides nomination opportunities for accountants in Perth and regional areas under the Graduate Occupation List and General Skilled Migration Program.
Tasmania (TAS)
Tasmania offers some of the most accessible nomination pathways for accountants. The state sponsors those with work experience or a job offer in Tasmania, making it an attractive destination for skilled migrants.
Northern Territory (NT) and Australian Capital Territory (ACT)
Both territories offer nomination opportunities for accountants, particularly those willing to work in regional locations. NT and ACT have lower competition for sponsorship compared to larger states.
Challenges and Tips for Securing Accounting Job Sponsorship
While there are plenty of opportunities for foreign accountants in Australia, securing job sponsorship can be challenging due to high competition and strict visa requirements. Here are some practical tips to improve your chances:
1. Gain Australian Work Experience
Employers prefer candidates with local work experience. Consider enrolling in an internship, temporary contract, or volunteer work to gain exposure to Australian accounting standards and practices.
2. Improve Your English Proficiency
Strong English skills are essential for communication, report writing, and client interactions. Aim for a minimum IELTS score of 7 in each band to enhance your employability and visa eligibility.
3. Obtain Professional Certifications
Becoming a member of CPA Australia, CA ANZ, or IPA (Institute of Public Accountants) increases your chances of getting hired and sponsored. Many employers prefer candidates with these qualifications.
4. Apply for Jobs in Regional Areas
Regional areas have higher demand for accountants and offer better visa sponsorship opportunities through Subclass 494 and 491 visas. Be open to working in cities like Hobart, Darwin, or regional Queensland.
5. Network with Professionals in the Industry
Joining accounting forums, LinkedIn groups, and professional networking events can help you connect with employers offering sponsorship. Building relationships with industry professionals increases job prospects.
6. Tailor Your Resume to Australian Standards
Australian resumes emphasize skills, achievements, and relevant work experience. Keep your CV concise (2-3 pages) and include:
- A professional summary highlighting your accounting expertise
- Details of education and certifications
- Clear descriptions of work experience, responsibilities, and achievements
- Technical skills (e.g., proficiency in Xero, MYOB, QuickBooks, SAP)
7. Work with a Migration Agent
A licensed migration agent can help navigate visa options, application requirements, and sponsorship opportunities. They can assist with skills assessment, job applications, and state nomination processes.
Future Outlook for Accounting Jobs in Australia
The demand for accountants in Australia is expected to grow steadily over the next decade. Key trends shaping the industry include:
1. Digital Transformation and Automation
With advancements in cloud accounting, AI, and data analytics, accountants with expertise in financial technology and automation tools will have a competitive edge.
2. Expansion of Financial Regulations
Australia continues to enhance taxation laws, auditing standards, and corporate compliance. This increases the need for skilled accountants to manage regulatory requirements.
3. Growth in Regional Job Opportunities
The Australian government encourages skilled migration to regional areas to address labor shortages. Accountants willing to work outside major cities will find more sponsorship options and faster pathways to PR.
4. Increased Demand for Specializations
Accountants with expertise in taxation, forensic accounting, auditing, and financial advisory services will be in higher demand. Specializing in these areas can improve employability and sponsorship prospects.
Conclusion
Accounting job sponsorship in Australia presents an excellent opportunity for skilled professionals looking to build a successful career and secure permanent residency. While the process can be competitive, understanding visa options, employer expectations, and state nomination programs can significantly improve your chances.
By gaining local experience, improving qualifications, and targeting regional job opportunities, foreign accountants can successfully transition into the Australian workforce. Whether you’re an entry-level accountant or an experienced professional, the country’s strong economy, high demand for financial expertise, and diverse sponsorship pathways make Australia an attractive destination for accounting professionals worldwide.
If you’re looking to migrate as an accountant, start by researching employer sponsorship opportunities, networking with industry professionals, and preparing a strong visa application to secure your future in Australia.