Accounts Receivable Financial Analyst Average Salary in Australia 2024
How much money does a person working as Accounts Receivable Financial Analyst make in Australia?
LOW
47,600
AUD AVERAGE
91,600
AUD HIGH
140,000
AUD
A person working as Accounts Receivable Financial Analyst in Australia typically earns around 91,600 AUD. Salaries range from 47,600 AUD (lowest) to 140,000 AUD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Accounts Receivable Financial Analyst salaries in Australia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accounts Receivable Financial Analyst Pay Scale and Salaries in Australia
Salary Structure and Pay Scale Comparison
82,900 AUD or more
73,900 to 82,900 AUD
53,900 AUD or less
53,900 to 73,900 AUD
 47,600 AUD |
83,300 AUD |
140,000 AUD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Accounts Receivable Financial Analyst in Australia range from 47,600 AUD (starting salary) to 140,000 AUD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 83,300 AUD, half of the professionals who work as Accounts Receivable Financial Analyst in Australia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Accounts Receivable Financial Analyst in Australia earn less than 69,100 AUD, while 75% earn more. Similarly, the chart shows that 75% earn less than 94,500 AUD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Accounts Receivable Financial Analyst in Australia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 53,900 AUD to 73,900 AUD. About 20% of salaries are below the 53,900 AUD mark, while 10% fall within the range of 73,900 AUD to 82,900 AUD. Only 5% of individuals have salaries exceeding 82,900 AUD.
Salary Comparison by Years of Experience / Accounts Receivable Financial Analyst / Australia
How do experience and age affect pay?
| 0 - 2 Years | 54,100 AUD | |
| 2 - 5 Years | +34% | 72,600 AUD |
| 5 - 10 Years | +30% | 94,400 AUD |
| 10 - 15 Years | +21% | 114,000 AUD |
| 15 - 20 Years | +9% | 125,000 AUD |
| 20+ Years | +5% | 131,000 AUD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Accounts Receivable Financial Analyst and this is what we found.
Employees with less than two years of experience earn approximately 54,100 AUD.
While someone with an experience level between two and five years is expected to earn 72,600 AUD, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 94,400 AUD, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 114,000 AUD, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 125,000 AUD, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 131,000 AUD, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Accounts Receivable Financial Analyst / Australia
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Accounts Receivable Financial Analyst.
| High School | 65,200 AUD | |
| Certificate or Diploma | +14% | 74,500 AUD |
| Bachelor's Degree | +41% | 105,000 AUD |
| Master's Degree | +21% | 127,000 AUD |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Accounts Receivable Financial Analyst in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 65,200 AUD.
Level 2: Certificate or Diploma
At this level, the average salary becomes 74,500 AUD, 14% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 105,000 AUD, 41% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 127,000 AUD, 21% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Australia costs anywhere from 38,000 AUD to 114,000 AUD and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Accounts Receivable Financial Analyst / Australia
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Accounts Receivable Financial Analyst in Australia, the average difference between the salary of male and female employees is 5%.
| Male | 94,200 AUD | |
| Female | -5% | 89,400 AUD |
Salary Comparison By Gender in Australia for all Careers
Average Annual Salary Increment Percentage / Accounts Receivable Financial Analyst / Australia
How much are annual salary increments in Australia for individuals working as Accounts Receivable Financial Analyst? How often do employees get salary raises?
Individuals working as Accounts Receivable Financial Analyst in Australia are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
Australia / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Accounts Receivable Financial Analyst / Australia
How much and how often are bonuses being awarded?
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46% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 54% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
| Received Bonus | 54% | |
| No Bonus | 46% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Accounts Receivable Financial Analyst / Australia
44 AUD per hourThe average hourly wage (pay per hour) for individuals working as Accounts Receivable Financial Analyst in Australia is 44 AUD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Accounts Receivable Financial Analyst in Australia is 23 AUD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 47,400 AUD | -48% |
| Account Executive | 86,000 AUD | -6% |
| Accountant | 66,100 AUD | -28% |
| Accounting Analyst | 84,700 AUD | -8% |
| Accounting Assistant | 52,400 AUD | -43% |
| Accounting Associate | 47,100 AUD | -49% |
| Accounting Clerk | 40,000 AUD | -56% |
| Accounting Coordinator | 56,900 AUD | -38% |
| Accounting Head | 136,000 AUD |  +48% |
| Accounting Manager | 135,000 AUD | +47% |
| Accounting Officer | 46,900 AUD | -49% |
| Accounting Specialist | 86,800 AUD | -5% |
| Accounting Supervisor | 92,500 AUD | +1% |
| Accounting Technician | 48,500 AUD | -47% |
| Accounting Unit Controller | 106,000 AUD | +16% |
| Accounts Executive | 80,200 AUD | -12% |
| Accounts Officer | 50,900 AUD | -44% |
| Accounts Payable and Receivable Specialist | 64,700 AUD | -29% |
| Accounts Payable Assistant | 54,400 AUD | -41% |
| Accounts Payable Associate | 60,400 AUD | -34% |
| Accounts Payable Clerk | 47,900 AUD | -48% |
| Accounts Payable Manager | 129,000 AUD | +41% |
| Accounts Receivable Administrator | 94,600 AUD | +3% |
| Accounts Receivable Clerk | 49,200 AUD | -46% |
| Accounts Receivable Financial Analyst | 91,600 AUD | +0% |
| Accounts Receivable Manager | 130,000 AUD | +42% |
| Accounts Receivable Team Leader | 92,200 AUD | +1% |
| Algorithmic Trading Specialist | 112,000 AUD | +22% |
| Assistant Accountant | 52,500 AUD | -43% |
| Assistant Accounting Manager | 123,000 AUD | +34% |
| Assistant Auditor | 66,200 AUD | -28% |
| Assistant Corporate Controller | 89,500 AUD | -2% |
| Assistant Finance Manager | 144,000 AUD | +57% |
| Assistant Financial Controller | 88,400 AUD | -3% |
| Audit Director | 154,000 AUD | +68% |
| Audit Supervisor | 118,000 AUD | +29% |
| Auditing Clerk | 50,900 AUD | -44% |
| Auditing Manager | 142,000 AUD | +55% |
| Billing Clerk | 49,400 AUD | -46% |
| Billing Coordinator | 59,700 AUD | -35% |
| Billing Specialist | 72,300 AUD | -21% |
| Billing Supervisor | 98,100 AUD | +7% |
| Bookkeeper | 42,800 AUD | -53% |
| Bookkeeping Specialist | 66,200 AUD | -28% |
| Budget Analyst | 113,000 AUD | +23% |
| Budget Manager | 137,000 AUD | +50% |
| Business Support Analyst | 74,700 AUD | -18% |
| Capital Markets Associate | 95,200 AUD | +4% |
| Cash Flow Analyst | 102,000 AUD | +11% |
| Cash Management Manager | 135,000 AUD | +47% |
| Cash Management Officer | 79,500 AUD | -13% |
| Cashbook Clerk | 45,700 AUD | -50% |
| Chartered Accountant | 81,000 AUD | -12% |
| Chief Accountant | 101,000 AUD | +10% |
| Chief Financial Technology Officer | 140,000 AUD | +53% |
| Collections Clerk | 42,600 AUD | -53% |
| Collections Representative | 55,900 AUD | -39% |
| Collections Specialist | 69,200 AUD | -24% |
| Corporate Controller | 106,000 AUD | +16% |
| Corporate Treasurer | 130,000 AUD | +42% |
| Cost Accountant | 64,700 AUD | -29% |
| Cost Accounting Manager | 136,000 AUD | +48% |
| Cost Accounting Supervisor | 103,000 AUD | +12% |
| Cost Analyst | 100,000 AUD | +9% |
| Credit and Collection Manager | 133,000 AUD | +45% |
| Credit and Collection Staff | 50,600 AUD | -45% |
| Credit and Loans Officer | 46,100 AUD | -50% |
| Credit Controller | 88,400 AUD | -3% |
| Credit Manager | 135,000 AUD | +47% |
| Debt Adviser | 113,000 AUD | +23% |
| Debt Collector | 55,500 AUD | -39% |
| Debtors Clerk | 46,400 AUD | -49% |
| Debtors Controller | 46,900 AUD | -49% |
| Deputy CFO | 188,000 AUD | +110% |
| Deputy Head of Finance | 174,000 AUD | +90% |
| Derivative Trader | 115,000 AUD | +26% |
| Director of Finance | 203,000 AUD | +120% |
| E-commerce Accountant | 69,600 AUD | -24% |
| Economist | 153,000 AUD | +67% |
| Equity Analyst | 112,000 AUD | +22% |
| Escrow Assistant | 58,500 AUD | -36% |
| Executive Accountant | 76,300 AUD | -17% |
| External Auditor | 96,800 AUD | +6% |
| Finance Administrator | 75,500 AUD | -18% |
| Finance Analyst | 119,000 AUD | +30% |
| Finance Associate | 57,000 AUD | -38% |
| Finance Data Analyst | 102,000 AUD | +11% |
| Finance Director | 196,000 AUD | +110% |
| Finance Executive | 147,000 AUD | +60% |
| Finance Licensing Clerk | 47,500 AUD | -48% |
| Finance Licensing Manager | 127,000 AUD | +39% |
| Finance Licensing Specialist | 73,100 AUD | -20% |
| Finance Manager | 188,000 AUD | +110% |
| Finance Officer | 63,700 AUD | -30% |
| Finance President | 195,000 AUD | +110% |
| Finance Relationship Manager | 153,000 AUD | +67% |
| Finance Release Analyst | 74,600 AUD | -19% |
| Finance Specialist | 113,000 AUD | +23% |
| Finance Team Leader | 142,000 AUD | +55% |
| Financial Accountant | 62,900 AUD | -31% |
| Financial Actuary | 99,200 AUD | +8% |
| Financial Administrator | 107,000 AUD | +17% |
| Financial Advisor | 125,000 AUD | +36% |
| Financial Analyst | 122,000 AUD | +33% |
| Financial Applications Specialist | 80,100 AUD | -13% |
| Financial Assistant | 52,300 AUD | -43% |
| Financial Associate | 60,400 AUD | -34% |
| Financial Claims Analyst | 86,900 AUD | -5% |
| Financial Claims Manager | 116,000 AUD | +27% |
| Financial Claims Supervisor | 110,000 AUD | +20% |
| Financial Clerk | 48,600 AUD | -47% |
| Financial Commercial Analyst | 97,700 AUD | +7% |
| Financial Compliance Analyst | 105,000 AUD | +15% |
| Financial Compliance Officer | 101,000 AUD | +10% |
| Financial Consultant | 85,000 AUD | -7% |
| Financial Controller | 105,000 AUD | +15% |
| Financial Coordinator | 61,400 AUD | -33% |
| Financial Customer Service Manager | 120,000 AUD | +31% |
| Financial Data Scientist | 120,000 AUD | +31% |
| Financial Dealer and Broker | 72,000 AUD | -21% |
| Financial Director | 187,000 AUD | +100% |
| Financial Encoder | 53,500 AUD | -42% |
| Financial Manager | 176,000 AUD | +92% |
| Financial Modelling Analyst | 118,000 AUD | +29% |
| Financial Operations Manager | 174,000 AUD | +90% |
| Financial Policy Analyst | 101,000 AUD | +10% |
| Financial Project Manager | 142,000 AUD | +55% |
| Financial Quantitative Analyst | 111,000 AUD | +21% |
| Financial Reporting Consultant | 92,000 AUD | +0% |
| Financial Reporting Manager | 125,000 AUD | +36% |
| Financial Section Head | 124,000 AUD | +35% |
| Financial Services Manager | 161,000 AUD | +76% |
| Financial Services Sales Agent | 73,000 AUD | -20% |
| Financial Technology Consultant | 104,000 AUD | +14% |
| Financial Wellness Coach | 138,000 AUD | +51% |
| FinTech Analyst | 117,000 AUD | +28% |
| Fixed Assets Administrator | 71,100 AUD | -22% |
| Forensic Accountant | 77,400 AUD | -15% |
| Fraud Detection Supervisor | 81,800 AUD | -11% |
| Fraud Prevention Manager | 137,000 AUD | +50% |
| Fund Accountant | 65,100 AUD | -29% |
| Grants Coordinator | 48,500 AUD | -47% |
| Green Finance Analyst | 99,600 AUD | +9% |
| Group Financial Manager | 185,000 AUD | +100% |
| Internal Auditor | 84,700 AUD | -8% |
| Internal Control Adviser | 104,000 AUD | +14% |
| Internal Control Officer | 58,600 AUD | -36% |
| International Tax Director | 155,000 AUD | +69% |
| Inventory Accountant | 69,400 AUD | -24% |
| Investment Advisor | 185,000 AUD | +100% |
| Investment Analyst | 125,000 AUD | +36% |
| Investment Associate | 109,000 AUD | +19% |
| Investment Broker | 108,000 AUD | +18% |
| Investment Fund Manager | 147,000 AUD | +60% |
| Investment Operations Manager | 145,000 AUD | +58% |
| Investment Underwriter | 56,600 AUD | -38% |
| Investor | 84,500 AUD | -8% |
| Investor Relations Manager | 133,000 AUD | +45% |
| KYC Team Leader | 132,000 AUD | +44% |
| Loan Processor | 54,200 AUD | -41% |
| Management Accountant | 71,800 AUD | -22% |
| Management Economist | 154,000 AUD | +68% |
| Paymaster | 54,600 AUD | -40% |
| Payroll Administrator | 90,000 AUD | -2% |
| Payroll Benefits Coordinator | 70,300 AUD | -23% |
| Payroll Billing Manager | 118,000 AUD | +29% |
| Payroll Clerk | 60,300 AUD | -34% |
| Payroll Manager | 116,000 AUD | +27% |
| Payroll Officer | 56,900 AUD | -38% |
| Payroll Specialist | 68,900 AUD | -25% |
| Payroll Supervisor | 82,000 AUD | -10% |
| Pensions Administrator | 70,200 AUD | -23% |
| Personal Financial Advisor | 99,800 AUD | +9% |
| Pricing Analyst | 105,000 AUD | +15% |
| Private Equity Analyst | 112,000 AUD | +22% |
| Project Accountant | 72,800 AUD | -21% |
| Proposal Development Coordinator | 58,900 AUD | -36% |
| Quantitative Trader | 94,900 AUD | +4% |
| Receivables Accountant | 60,800 AUD | -34% |
| Regulatory Accountant | 73,600 AUD | -20% |
| Retirement Plan Analyst | 106,000 AUD | +16% |
| Revenue Management Specialist | 111,000 AUD | +21% |
| Revenue Recognition Analyst | 126,000 AUD | +38% |
| Risk Management Director | 163,000 AUD | +78% |
| Risk Management Supervisor | 136,000 AUD | +48% |
| Staff Accountant | 62,000 AUD | -32% |
| Tax Accountant | 60,600 AUD | -34% |
| Tax Administrator | 75,100 AUD | -18% |
| Tax Advisor | 97,200 AUD | +6% |
| Tax Analyst | 98,500 AUD | +8% |
| Tax Associate | 55,200 AUD | -40% |
| Tax Consultant | 104,000 AUD | +14% |
| Tax Director | 153,000 AUD | +67% |
| Tax Examiner | 70,000 AUD | -24% |
| Tax Manager | 128,000 AUD | +40% |
| Tax Research Manager | 130,000 AUD | +42% |
| Teller | 38,400 AUD | -58% |
| Treasury Accountant | 69,000 AUD | -25% |
| Treasury Analyst | 111,000 AUD | +21% |
| Underwriter | 48,200 AUD | -47% |
| Underwriting Assistant | 41,500 AUD | -55% |
| Vice President of Finance | 182,000 AUD | +99% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Australia is 5% on average across all career fields.
| Private Sector | 89,000 AUD | |
| Public Sector | +5% | 93,400 AUD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Accounts Receivable Financial Analyst in Australia?
A good and competitive compensation would range anywhere between 83,300 AUD and 94,500 AUD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Accounts Receivable Financial Analyst in Australia ranges from 47,600 AUD to 69,100 AUD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
