Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

In Australia:

• AQF Certificate II or III (ANZSCO Skill Level 4)

In New Zealand:

• NZQF Level 2 or 3 qualification (ANZSCO Skill Level 4)

At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

• preparing and processing documentation related to accounts payable and receivable
• reconciling invoices and despatching payments
• calculating, analysing and investigating the costs of proposed expenditure, wages and standard costs
• preparing bank reconciliations
• allocating expenditure to specified budget accounts
• summarising expenditure and receipts
• preparing records of standard costs and values for items such as raw materials and packaging supplies
• recording cost variations and contract price movements
• compiling cost data for preparation of operating budgets, and profit and loss calculations
• investigating the costs of proposed expenditures, quotations and estimates
• preparing reports of total costs, inventory adjustments, selling prices and profits
• may work in a call centre

• 551111 Accounts Clerk
• 551112 Cost Clerk

Alternative Title:

• Accounts Payable or Receivable Clerk

Monitors creditor and debtor accounts, and undertakes related routine documentation. May work in a call centre.

Skill Level: 4

Specialisations:

• Audit Clerk
• Investment Accounting Clerk

Calculates and investigates the cost of wages, materials, overheads and other operating expenses.

Skill Level: 4

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

In Australia:

• AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV or at least three years of relevant experience (ANZSCO Skill Level 3)

In New Zealand:

• NZQF Level 4 qualification, or at least three years of relevant experience (ANZSCO Skill Level 3)

In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

• keeping financial records, and maintaining and balancing accounts using manual and computerised systems
• monitoring cash flow and lines of credit
• preparing and producing financial statements, budget and expenditure reports and analyses using account books, ledgers and accounting software packages
• preparing invoices, purchase orders and bank deposits
• reconciling accounts against monthly bank statements
• verifying recorded transactions and reporting irregularities to management
• may be required to prepare forms reporting business tax entitlements and obligations such as the amount of goods and services tax paid and collected

• 551211 Bookkeeper

Maintains and evaluates records of financial transactions in account books and computerised accounting systems.

Skill Level: 3

Specialisation:

• Financial Administration Officer

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

In Australia:

• AQF Certificate II or III (ANZSCO Skill Level 4)

In New Zealand:

• NZQF Level 2 or 3 qualification (ANZSCO Skill Level 4)

At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

• creating files for new employees to record payroll data
• maintaining and updating files for existing employees to record information such as employee contact details, leave taken, overtime, promotions, transfers, tax deductions, health insurance payments and superannuation
• preparing payroll data from time sheets and other payroll and personnel records
• processing payment of wages and salaries
• issuing and recording adjustments to employees' pay
• interpreting industrial awards
• providing information to employees and managers about payroll matters such as tax issues, benefits and deductions
• finalising files and arrangements when employees retire, resign or transfer
• may be involved in maintaining superannuation and other deduction and contribution records

• 551311 Payroll Clerk

Alternative Titles:

• Pay Clerk
• Payroll Officer

Prepares payroll and related records for employee salaries and statutory record-keeping purposes.

Skill Level: 4