Skill Level: 1 | Assessing Authority: IPA
Job description
Designs and operates information and reporting systems, procedures and controls to meet external financial reporting requirements. Registration or licensing may be required.
Job Duties
Highly relevant tasks include, but are not limited to:
- arranging, giving notice of and attending meetings of directors and shareholders
- advising organisations’ governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation and corporation practice
- supervising organisations’ share capital by preparing documents and share issues, and handling share transfers
- controlling treasury and treasury systems and establishing and reviewing risk management objectives and treasury policies
- identifying, managing and reporting on financial risks
- assisting with equity management, debt management, securities and taxation planning issues
- collecting, analysing and interpreting information on the financial standing, cost structures and trading effectiveness of organisations
- devising, re-organising and establishing budgetary cost control and other accounting systems such as computer-based systems
- conducting audits and investigations and preparing financial statements and reports for management, shareholders, and governing and statutory bodies
- evaluating the cost effectiveness and risks of operational processes, activities, policies and systems
- reporting to management on the existence and effectiveness of the system of internal controls
- establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria
Qualification Assessments Criteria
To meet the educational requirements, your qualification with a major in accounting or a related discipline must be rated as comparable in both content and standard to an Australian bachelor’s degree. Your qualification must provide sufficient covering of the core knowledge areas listed below.
- Basic Accounting
- Cost & Management Accounting
- Financial Accounting & Reporting
- Financial Management
- Economics
- Business Law (including Corporate Law)
- Statistics
- Auditing & Assurance
Employment Assessments
Before applying for a employment assessment, you must first acquire a successful qualification assessment outcome from the accessing authority.
Your employment must meet the following requirements:
- is closely related to the ANZSCO occupation for which you have received a successful skills assessment outcome.
- was undertaken within the last ten years
- was undertaken after you have completed a formal qualification, recognised as equivalent to an Australian bachelor degree
- is paid at market rate and continuous for a minimum of 20 hours per week. Average 20 hours per week over a period of time would not be considered.
- is a minimum of one year of employment in total, for at least three months per role
English Requirements
A General Skilled Migration Qualifications Assessment requires the following minimum band scores on an English language test:
English Language proficiency level |
Test component |
Pearson (PTE) Academic |
IELTS Academic* |
TOEFL iBT |
Cambridge (CAE) |
Proficient (for points tested Skilled visas) |
Listening |
65 |
7.0 |
24 |
185 |
Reading |
65 |
7.0 |
24 |
185 |
|
Writing |
65 |
7.0 |
27 |
185 |
|
Speaking |
65 |
7.0 |
23 |
185 |
Documents Requirements
The following is a summary of the documentation list that you need in order to submit your application for the skill assessment. Please visit IPA for a comprehensive list of all of the document requirements. Documents in a language other than English have to be translated by a professional translator first.
- Passport and passport photo
- Proof of identity, including a national ID or driver’s license
- qualification certificate and academic transcript.
- employment evidence, including an employment letter, payslips, tax return and superannuation.
Source from: IPA
Skill Assessment Agency Services
Most of the evidence documentation required for your skills assessment is also required for your visa application. Ozlinks Education is an agency that can assist you in understanding and meeting the skill assessment criteria, giving you the best chance of a positive result. Click here to learn more about how our agency service can assist you.