A VISUAL REPRESENTATION OF KEY INDUSTRY INSIGHTS & TRENDS*
November 2024: Melbourne’s Public Accounting Industry Insights
Public Accountant Employers
Leading Employers: The largest employers in Melbourne’s public accounting sector include:
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- William Buck. (45, increase of 13%)
- Fordham Group (43, increase of 8%)
- Self Employed Accountant (32, increase of 3%)
- BDO in Australia (28, decrease of 18%)
Melbourne’s Public Accounting Workforce Snapshot
Total Employment: Melbourne is home to over 6,106 public accountants.
Current Hiring Demand: Very High
Tenure: Accountants in Melbourne typically have a median tenure of 1.5 years, suggesting a moderately high turnover and potential opportunities for fresh talent.
Public Accountants who changed jobs in the past year: 531
Location of Public Accountants
The number of public accountants across major Australian cities (change from previous year).
- Greater Sydney Area: 7,236 accountants (3% decrease)
- Greater Melbourne Area: 6,106 accountants (4% decrease)
- Greater Brisbane Area: 2,502 accountants (6% decrease)
- Greater Perth Area: 2,216 accountants (4% decrease)
- Greater Adelaide Area: 1,713 accountants (3% decrease)
Skilled Labour Movement
This section shows major changes in public accountant employees in the last year.
- SW Accountants & Advisors: increased by 60%
- Stannards: increased by 26%
- RSM Australia: decreased by 24%
- BDO in Australia: decreased by 18%
These numbers highlight which firms have seen the most significant shifts in their public accountant workforce, indicating growth for some and reduction for others.
Flow of Talent
Melbourne public accountant changes in job titles over the past year:
- Financial Services: -27
- Real Estate: -10
- Business consulting: 12
- Retail: 15
Talent Pool Experience
Melbourne public accountant changes in job titles over the past year:
- Accountant: 4,029 (↓ 3%)
- Senior Accountant: 836 (↓ 8%)
- Assistant Accountant: 484 (↓ 8%)
- Graduate Accountant: 268 (↑ 4%)
- Intermediate Accountant: 95 (↓ 14%)
- Junior Accountant: 135 (↓ 5%)
These figures indicate percentage decreases across various accounting roles, with the largest reductions seen in Intermediate and Assistant Accountant positions.
