Latest release
Unit Group

2111 Accountants and Corporate Treasurers

OSCA - Occupation Standard Classification for Australia
Reference period
2024, Version 1.0

2111 Accountants and Corporate Treasurers

Provide services relating to financial reporting, taxation, auditing, investigation, insolvency, accounting information systems, budgeting, cost management, planning and decision-making by organisations and individuals, provide advice on associated compliance and performance requirements to ensure statutory and strategic governance, and provide treasury valuation services and systems to individuals and organisations.

OSCA skill level

The occupations in this unit group have a skill level corresponding to the qualifications and experience below.

  • Skill Level 1: Bachelor Degree, higher qualification, or at least five years of relevant experience
Occupation

211131 Accountant (General)

Provides services relating to compliance-based financial, non-financial and sustainability-related reporting, auditing, insolvency and accounting information systems, and advises on association record-keeping requirements.

Registration or licensing may be required for certain services such as auditing.

Specialisations

  • Financial Analyst
  • Insolvency Accountant
  • Production Accountant (Screen or Live Performance)

Skill level: 1

Main tasks

  • Provides advice regarding business plans, structures and accounting systems
  • Examines the income and expenditure of individuals and organisations
  • Conducts financial investigations, prepares reports, and manages insolvency
  • Assists in the formulation of budgetary and accounting policies
Occupation

211132 Corporate Treasurer

Manages corporate funding, liquidity and financial risk associated with the profitable development and operation of an organisation. May be involved in acquisitions, disposals and joint ventures.

Registration or licensing may be required.

Alternative title

  • Financial Risk Manager

Skill level: 1

Main tasks

  • Monitors and manages the organisation's cash flow and prepares forecasts and projections
  • Supervises the organisation's share capital by preparing documents and share issues, and handling share transfers
  • Collects, analyses and interprets information on the financial standing, cost structures and effectiveness of the organisation
  • Devises, re-organises and establishes budgetary cost control and other accounting systems
  • Develops and implements financial risk strategies and polices
  • Conducts audits and investigations, and prepares financial statements and reports for management, shareholders, and governing and statutory bodies
  • Establishes audit objectives, and designs and implements audit methodologies, processes and audit report criteria
  • Executes and manages financial transactions, including cash management, funding and investments
Occupation

211133 Forensic Accountant

Analyses, investigates, corroborates and critiques records, statements and reports to develop accurate and reliable narratives of events, cases, disciplinary assessments and irregular occurrences.

Registration or licensing may be required for certain services such as auditing.

Specialisation

  • Investigative Accountant

Skill level: 1

Main tasks

  • Analyses financial and non-financial documents and data to actively trace and identify inaccuracies and fraud
  • Investigates organisations and individuals for criminal financial activity
  • Provides support and presents findings to be used as trial evidence in court cases
  • Constructs valuations and economic loss models for organisations from a variety of data sources
Occupation

211134 Management Accountant

Provides services relating to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting and the strategic governance of organisations. Provides advice on financial planning and risk management, and provides management with reports to assist in decision-making. Establishes continuous reporting and feedback mechanisms by using data source management, analysis and visualisation. May provide insight into cost performance and support the implementation of benchmarking and quality improvement initiatives.

Registration or licensing may be required.

Alternative title

  • Cost Accountant

Specialisations

  • Commercial Accountant
  • Product Accountant

Skill level: 1

Main tasks

  • Prepares financial statements and reports for presentation to boards of directors, governing and statutory bodies, management and shareholders
  • Analyses financial and non-financial data to inform business strategies and monitor risk
  • Provides assurance about the accuracy contained in financial reports and their compliance with statutory requirements
Occupation

211135 Taxation Accountant

Analyses, reports and provides advice on taxation issues to organisations or individuals, prepares taxation returns and reports, and handles disputes with taxation authorities.

Registration or licensing may be required.

Alternative titles

  • Taxation Agent
  • Taxation Consultant

Skill level: 1

Main tasks

  • Provides taxation advice on business structures, plans and operations
  • Prepares taxation returns for individuals and organisations
  • Represents clients in disputes with the taxation authorities
  • Undertakes tax compliance reviews, assists clients with tax audits by regulators, and advises on tax implications on the purchase and sale of businesses, mergers and capital financing