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  • Skilled Occupation PROFESSIONALS Business, Human Resource and Marketing Professionals > Accountants, Auditors and Company Secretaries Auditors, Company Secretaries and Corporate Treasurers Corporate Treasurer


    [According to the Department of Employment, There are no proposed changesfor this occupation in January 2018 Update.]

    CORPORATE TREASURER

      Alternative Title:
        Financial Risk Manager

      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.

      Skill Level: 1

    Corporate-Treasurer
    Average Income:
    The average salary for a Corporate Treasurer is $ 114,613 for male employees and $ 133,355 for female employees per year.
    Average Age: Males: 43.5 Females: 41.1 Persons: 42.2
    [See: www.abs.gov.au 2212 Auditors company secretaries and corporate treasurers - Employee Earnings and Hours, Australia, May 2016]



    Australian visa options for Financial Risk Manager (Corporate Treasurer)

    Employer Sponsorship
    Permanent
    489 Visa
    Permanent
    457 Visa
    Skilled Occupation
    ANZSCO Code
    Assessing Authority
    189 Visa
    190 Visa
    State
    Family
    186 Visa (DE)
    187 Visa
    All area
    Regional area
    Corporate Treasurer
    221212
    CPAA/ICAA/IPA
    Visa processing times-months (75%)
    15
    Visa processing times-months (90%)
    18

    Information for Employers

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    Corporate Treasurer job description, duties and education requirements

    UNIT GROUP 2212 AUDITORS, COMPANY SECRETARIES AND CORPORATE TREASURERS

      AUDITORS, COMPANY SECRETARIES AND CORPORATE TREASURERS conduct audits of accounting systems, procedures and financial statements, manage corporate funding and financial risk, and administer and review corporate compliance activities.


      Indicative Skill Level:

      In Australia and New Zealand:

        Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. In the case of Corporate Treasurers and Company Secretaries, at least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1).

      Registration or licensing may be required.


      Tasks Include:

      • arranging, giving notice of and attending meetings of directors and shareholders
      • advising organisations' governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation and corporation practice
      • supervising organisations' share capital by preparing documents and share issues, and handling share transfers
      • controlling treasury and treasury systems and establishing and reviewing risk management objectives and treasury policies
      • identifying, managing and reporting on financial risks
      • assisting with equity management, debt management, securities and taxation planning issues
      • collecting, analysing and interpreting information on the financial standing, cost structures and trading effectiveness of organisations
      • devising, re-organising and establishing budgetary cost control and other accounting systems such as computer-based systems
      • conducting audits and investigations and preparing financial statements and reports for management, shareholders, and governing and statutory bodies
      • evaluating the cost effectiveness and risks of operational processes, activities, policies and systems
      • reporting to management on the existence and effectiveness of the system of internal controls
      • establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria

      Occupations:

      Sources: www.abs.gov.au and DIBP

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