SALARY SURVEY 2013 - Robert Walters Singapore

ACCOUNTING&FINANCE-COMMERCE&INDUSTRYADELAIDEADELAIDEACCOUNTING&FINANCECOMMERCE&INDUSTRYTheaccounting&financedivisionrecruitsfinanceprofessionalsacrossarangeofindustries.Ourexpertisecoversallleveloffinancerecruitmentincludinggraduatepositionstomanagementaccountants,businessanalystsandchieffinancialofficers.MarketOverviewHiringintheaccountingsectorincreasedatthestartoftheyearasrolesthatwerebeingrecruitedin2011rolledoverto2012.Throughoutthefirsthalfoftheyear,recruitmentactivityincreasedasnewlycreatedaccountingroles,mainlywithinthegrowthsectorsofmining,oilandgasandstateandlocalgovernments,drovecandidateactivitytoROLEpeaklevels.Thistrendcontinuedatthebeginningofquarterthree,asrecruitmentbudgetswererenewedinthenewfinancialyear.InOctobertherewasadramaticshiftinmarketconditions.Significantchangestotheeconomiclandscape(primarilyintheformofmajorminingandinfrastructureprojects,suchastheOlympicDambeingputonhold)directlyimpactedthemarket.Therewerelimitedopportunitiesavailableandsignificantredundanciescausedafloodofexperiencedprofessionalstoenterthejobmarket.AslightsenseofnormalityreturnedtothemarketinNovemberandDecemberbutjobavailabilityfailedtoreturntothehighsofquartersoneandtwo.PERMANENTSALARYPERANNUM$AUSOutlookfor2013Astrongfinishin2012,especiallyattheseniorlevel,shouldleadtoasteadyincreaseinhiringofaccountingandfinanceprofessionalsinthefirsthalfof2013.Weanticipateexperiencedfinanceprofessionalswithmulti-facetedskillsetstoremaininhighdemand.Thiswillbeapriorityforcompanies,astheylooktoengagethebesttalenttomovetheirorganisationforward.Salariesshouldremainatsimilarlevelsto2012.Becauseofthecompetitivenatureofthemarket,wewillcontinuetoseejobseekerscompromisingonsalaryinordertosecuretheirfavouredposition.Professionalswillalsovaluecontinuedcareerdevelopment,trainingandongoingsupport.CONTRACTRATEPERHOUR$AUSADELAIDEACCOUNTING&FINANCE-COMMERCE&INDUSTRY2012 2013 2012 2013ChiefFinancialOfficer $175-400k $160-400kFinancialController-LargeOrganisation $175-220k $160-200kFinancialController-Small/MediumOrganisation $120-150k $120-150kTaxManager $130k+ $130k+CommercialManager $110k+ $110k+FinanceManager(2-5yrs'exp) $90k+ $90k+ $50-70 $50-70AuditManager $130-140k $125-140k $65-85 $65-85FinancialAnalyst(6+yrs'exp) $100k+ $100k+ $55-65 $55-65FinancialAnalyst(3-5yrs'exp) $70-85k $70-85k $45-55 $40-55FinancialAccountant(6+yrs'exp) $90k+ $90k+ $50-60 $50-60FinancialAccountant(3-5yrs'exp) $70-85k $70-85k $50-60 $50-60GroupAccountant $90k+ $90k+ $50-60 $50-60SystemsAccountant(6+yrs’exp) $80-90k $75-90k $45-55 $45-55TaxAccountant(6+yrs’exp) $100k+ $100k+ $55-65 $55-65TaxAccountant(3-5yrs’exp) $75-90k $75-90k $55-65 $55-65ManagementAccountant(6+yrs'exp) $85k+ $85k+ $50-60 $50-60ManagementAccountant(3-5yrs'exp) $70-85k $70-85k $45-55 $45-55CostAccountant(2-5yrs'exp) $65-75k $65-75k $45-55 $42-50AssistantAccountant-CA/CPA(0-2yrs'exp) $55-65k $55-65k $30-40 $30-38NB:Figuresaresalariesinclusiveofsuperannuation,butexclusiveofbenefits/bonusesunlessotherwisespecified.RobertWaltersGlobalSalarySurvey2013 166