High-Paying US CMA Jobs in Australia & CMA Salary in Australia Per Month – A Detailed Analysis

It is a good time to be a US CMA professional in Australia. The financial sector is thriving. The career opportunities are excellent. And you get job security, great growth potential and lucrative salaries. The CMA certification is recognised by MNCs, Big 4 firms, and global companies in Australia as the gold standard in management accounting. Professionals are sought after for their expertise in financial management, cost analysis, and strategic decision-making. With the CMA certification, you can gain a competitive edge in the Australian job market, unlocking access to exciting job profiles across various industries. Interested? Then, here are the top US CMA jobs in Australia for professionals at different experience levels.

High-Paying US CMA Job Profiles in Australia

The addition of the US CMA credential to your CV gives you a significant advantage in securing high-paying and prestigious roles across various industries in Australia. Professionals can use their expertise in financial analysis, management accounting, risk management, and financial planning to find exciting job opportunities with competitive salaries. Here is a brief overview of the job roles you can expect based on your experience level.

Entry-Level Positions

US CMA jobs in Australia #1: Financial Analyst

This professional plays a crucial role in the business decision process by analysing and interpreting financial data to create insights.

Responsibilities:

• Help seniors prepare financial reports (income statements, balance sheets and cash flow statements).
• Assist with budget management and forecasting financial performance.
• Conduct variance analysis to identify discrepancies between actual and budgeted financial performance.
• Track and manage costs.
• Create cost-saving measures and optimise operational efficiency.
• Develop financial models for investment analysis and long-term strategic planning.

CMA salary in Australia per month: AUD 5,500 to AUD 7,000

US CMA jobs in Australia #2: Business Analyst

The professional evaluates financial performance and business operations to assist in better decision-making.

Responsibilities:

• Analyse financial data to identify areas for improvement.
• Help with creating budgets and financial forecasts.
• Provide actionable insights to improve efficiency and profitability.
• Review business processes and make recommendations to increase productivity.
• Present reports on business performance and financial trends.

CMA salary in Australia per month: AUD 5,500 to AUD 7,500

US CMA jobs in Australia #3: Internal Auditor

The professional plays a key role in monitoring and reviewing internal controls, financial operations and compliance.

Responsibilities:

• Evaluate internal controls to avoid fraud, errors, and inefficiencies.
• Identify operational, financial and compliance risks.
• Analyse financial statements for inaccuracies and discrepancies
• Conduct internal audits and ensure regulatory compliance.
• Investigate suspicious transactions or operational irregularities.

CMA salary in Australia per month: AUD 5,500 to AUD 7,000

US CMA jobs in Australia #4: Risk Analyst

This professional identifies and mitigates potential risks to safeguard the financial health of a company.

Responsibilities:

• Assess financial risks that could threaten the stability of a company.
• Recommend strategies that reduce the impact of a financial risk.
• Conduct risk analysis to detect potential threats.
• Create financial models to evaluate market risks.

CMA salary in Australia per month: AUD 6,000 to AUD 8,000

Mid-Level Positions

US CMA jobs in Australia #5: Assistant Controller

This professional helps oversee an organisation’s financial operations and supports senior management.

Responsibilities:

• Ensure financial statements are accurate and comply with regulatory standards.
• Manage the month-end and year-end close process.
• Monitor and execute internal controls.
• Analyse costs to create cost-saving opportunities.
• Coordinate with external and internal auditors.
• Interpret financial data and provide financial analysis.
• Ensure compliance with accounting standards.

CMA salary in Australia per month: AUD 6,000 to AUD 8,000

US CMA jobs in Australia #6: Senior Financial Analyst

The professional is instrumental in creating financial strategies, providing critical insights and supporting decision-making.

Responsibilities:

• Create financial forecasts, budgets and financial projections.
• Conduct in-depth variance analysis, comparing actual performance against budgeted figures.
• Build detailed financial models to help make strategic business decisions.
• Develop and track KPIs to measure the company’s financial health.
• Ensure adequate liquidity is maintained by monitoring cash flow in an organisation.

CMA salary in Australia per month: AUD 8,000 to AUD 10,500

US CMA jobs in Australia #7: Finance Manager

The professional is an expert in cost management, strategic financial planning, and decision support.

Responsibilities:

• Head the financial planning, budgeting and forecasting processes.
• Suggest improvements for working capital management and cash conversion cycles.
• Prepare accurate financial reports, ensuring compliance with accounting standards.
• Provide financial insights to senior management to support strategic decision-making.
• Maintain strong internal controls over financial reporting and operational processes.

CMA salary in Australia per month: AUD 9,000 to AUD 12,000

US CMA jobs in Australia #8: Cost Accountant

The professional plays a critical role in managing and analysing the costs related to the manufacturing and production processes.

Responsibilities:

• Create and apply costing methods to calculate the actual costs of goods and services.
• Assign costs to products, processes or departments.
• Prepare cost reports for other departments or top management.
• Assist with budgeting and forecasting.
• Evaluate by analysing revenue and cost data.

CMA salary in Australia per month: AUD 7,500 to AUD 9,500

US CMA jobs in Australia #9: Risk & Compliance Manager

The professional will look after the company’s risk management framework, safeguarding from financial and operational risks.

Responsibilities:

• Evaluate the impact of potential risks on the company’s financial stability through regular risk assessments.
• Develop and implement risk management strategies.
• Ensure compliance with legal and regulatory standards.
• In times of crisis, develop mitigation plans to ensure quick recovery from financial and operational risks.

CMA salary in Australia per month: AUD 9,000 to AUD 11,500

US CMA jobs in Australia #10: Financial Planning & Analysis (FP&A) Manager

The professional shapes a company’s financial strategy and provides insights for business decisions.

Responsibilities:

• Instrumental in preparing the company’s financial forecasts and annual budgets.
• Provide financial analysis and strategic recommendations to support key business decisions.
• Create financial models to evaluate potential business scenarios.
• Monitor costs across departments to ensure they maintain the budgets.
• Track KPIs to analyse the company’s financial health.

CMA salary in Australia per month: AUD 12,000 to AUD 15,000

Senior-Level Positions

US CMA jobs in Australia #11: Group Financial Controller

The professional operates in a senior position, overseeing the company’s financial activities.

Responsibilities:

• Look after the financial operations of the entire organisation.
• Manage group-wide financial reporting and compliance with accounting standards.
• Monitor and control costs across the group to ensure efficiency and profitability.
• Ensure financial audits are conducted smoothly.
• Offer strategic guidance for important financial activities such as long-term financial planning and investment decisions.

CMA salary in Australia per month: AUD 14,000 to AUD 17,000

US CMA jobs in Australia #12: Head of Treasury

The professional is in charge of managing the organisation’s treasury operations.

Responsibilities:

• Manage financial assets and monitor cash flow.
• Develop and manage accurate cash flow forecasts.
• Oversee risk management related to liquidity and capital.
• Manage the company’s investment portfolio.
• Maintain strong relationships with banks and financial institutions.

CMA salary in Australia per month: AUD 15,000 – AUD 20,000

US CMA jobs in Australia #13: Head of Internal Audit

The professional in this leadership role will oversee all internal audit functions.

Responsibilities:

• Develop and lead the internal audit strategy.
• Assess internal controls and make recommendations for better efficiency.
• Ensure the integrity of financial reporting.
• Set up measures to safeguard organisational assets.
• Check that financial audits accurately reflect the company’s performance.

CMA salary in Australia per month: AUD 14,000 to AUD 18,000

US CMA jobs in Australia #14: Chief Financial Officer (CFO)

The professional is in charge of all financial operations in an organisation.

Responsibilities:

• Lead all aspects of financial planning, reporting and analysis.
• Oversee the financial aspects of M&A deals, joint ventures and other strategic business partnerships.
• Meet with investors, analysts and shareholders to discuss the company’s financial performance.
• Ensure the financial strategy aligns with business goals and long-term objectives.
• Manage the corporation’s capital structure.

CMA salary in Australia per month: AUD 18,000 to AUD 25,000

Also Read- US CMA Pass Percentage | Difficulty Check

Industries that pay high salaries in Australia

There is no shortage of work for US CMA professionals. Due to their deep expertise in financial management, strategic planning, and risk analysis, multiple industries offer high-paying US CMA jobs in Australia.

1. Banking services

CMA USA professionals have expertise in strategic financial planning and risk management, which are valued in most banking institutions.

CMA salary in Australia per month: AUD 9,000 to AUD 15,000

Roles: Financial Analyst, Risk Manager, Compliance Officer, Finance Manager

2. Mining industry

Australia’s mining industry requires complex financial management. They employ US CMA holders to carry out various financial tasks and, in return, offer them well-earned compensation.

CMA salary in Australia per month: AUD 10,000 – AUD 18,000

Roles: Financial Controller, Cost Accountant, Financial Analyst, Project Accountant

3. Consulting

Consulting firms in Australia are known to pay good salaries to US CMA professionals who take on financial, management and strategic roles.

CMA salary in Australia per month: AUD 8,000 to AUD 14,000

Roles: Financial Consultant, Business Analyst, Management Consultant, Strategy Consultant

4. Construction

The Australian construction sector hires CMA professionals to work in financial planning, budgeting, and cost control.

CMA salary in Australia per month: AUD 8,000 to AUD 13,000

Roles: Project Financial Manager, Cost Accountant, Financial Planning Analyst

5. IT

The demand for financial expertise is very high in IT firms, leading to high salaries for US CMA professionals for their exceptional skills in strategic decision-making.

CMA salary in Australia per month: AUD 8,500 to AUD 14,000

Roles: Financial Controller, Financial Analyst, Business Partner, CFO

Also Read- Becoming a US CMA: The Complete Process & Preparation!

Benefits of working as a US CMA professional in Australia

1. Indian US CMAs qualify for Australian skilled migration programs

Australia’s skilled migration program recognised the US CMA certification and offers migration opportunities for international professionals. Indian CMA holders can apply for the Skilled Independent Visa, Skilled Nominated Visa, Temporary Skill Shortage Visa or Employer Nomination Scheme.

2. US CMA professionals earn up to 60% more than non-certified accountants.

US CMA holders are paid more for their specialised financial and management accounting skills in Australia, especially in MNCs and global consulting firms.

3. High demand for management accountants in specific industries

Sectors like mining, manufacturing, tech and financial services are known to hire management accountants. Holding a US CMA can help you find high-paying jobs in these industries.

4. Great opportunity for growth

With a US CMA certification, professionals can access a range of high-level job roles and management positions, offering ample opportunities for career progression in Australia.

5. US CMA is a pathway to CPA Australia and other courses

Your certification can also lead you to study other courses, such as the CPA Australia, which could boost your career further.

6. Great work-life balance

Corporate Australia provides an excellent work-life balance. Professionals get benefits, such as flexible working conditions, attractive leave policies, and a supportive environment that promotes both professional and personal success.

7. One of the top countries for expats and skilled professionals

Australia offers a high quality of life, a diverse job market and plenty of career opportunities for US CMA professionals.

Also Read-  US CMA Course Fees – Exam, Coaching, Study Material, Total Cost etc.

Salaries of US CMA vs non-CMA professionals in Australia

Job position	US CMA professional	Non-CMA professional
Financial Analyst	AUD 75,000 – AUD 95,000	AUD 60,000 – AUD 80,000
Senior Accountant	AUD 85,000 – AUD 110,000	AUD 70,000 – AUD 90,000
Finance Manager	110,000 – AUD 140,000	95,000 – AUD 120,000

 

Also Read-  Roles and Responsibilities of a Management Accountant

Why sign up for Proschool’s US CMA course?

There are a lot of advantages to learning the US CMA syllabus with Proschool. The institute offers a comprehensive curriculum taught by expert instructors. Professors use active learning methods and real-world case studies to enhance learning. Students also receive personalised attention, practical industry insights and career guidance. The flexible timings are perfect for students and working professionals, allowing you to study at your own pace. Here are a few more reasons why you should register with Proschool:

• It is the only one of India’s top coaching institutes to offer online and offline classes.
• Students can access IMA-approved study materials, like the Hock US CMA review system.
• The institute also offers customised study plans, doubt-clearing sessions, revision classes, over 4,000 MCQs and 100 essay-type questions.
• Soft skill development is very important and students receive training in interview etiquette and resume building.
• 100 per cent placement assistance is given to all certified students.

Conclusion

Australia is a prime destination for US CMA professionals seeking to advance their careers. Excellent job opportunities are available all over the continent, especially in industries, such as finance, banking, mining, IT, and consulting. If you want to work in accounting, FP&A, financial analysis, and leadership positions, apply for the course today. In no time, you will be ready to apply for one of the top US CMA jobs in Australia.

FAQs

Can a US CMA holder work in Australia without additional certification?

Yes, the US CMA certification is valid in Australia. You can qualify for the skilled migration programs and apply through various worker visas. However, you can always apply for another certification in Australia to further enhance your career prospects.

Does the US CMA help in getting a Permanent Residency (PR) in Australia?

Yes, the US CMA certification can support your permanent residency request. The course makes you eligible for skilled migration visas, adding points to your PR application and providing valuable job opportunities in high-demand industries.

Which cities in Australia offer the best job opportunities for US CMA professionals?

The best US CMA jobs in Australia are in the big cities with a strong MNC corporate culture, such as Sydney, Melbourne, Brisbane, Perth, Adelaide and Canberra.

Where can I find US CMA job openings in Australia?

You can look at Australian recruitment websites such as:

• Seek
• LinkedIn
• Glassdoor
• CPA Australia Career Centre
• Michael Page Australia
• Hays Australia