This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersA Trust Accountant oversees trust account finances, managing transactions, preparing reports, and ensuring compliance with regulations.
In Australia, a full time Trust Accountant generally earns $1,770 per week ($92,040 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
This industry has seen a strong increase in worker numbers in recent years. There are currently 205,700 people employed as an accountant in Australia and many of them specialise as a Trust Accountant. Trust Accountants may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
A Bachelor of Accounting is an excellent choice if you’re interested in a career as a Trust Accountant. This course covers topics including business and corporate law, financial accounting, taxation law, corporate accounting, economic principles, business practice and management, auditing, business strategy and ethics and corporate responsibility. A Bachelor of Business (Accounting) may also be suitable.
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If you're considering a career as a Trust Accountant, you'll find a range of specialised Trust Accountant courses in Hobart that can set you on the right path. These courses are delivered by reputable Registered Training Organisations (RTOs) and recognised institutions that ensure you gain the necessary skills and knowledge to excel in this crucial financial role. Trust Accountants provide essential services in managing trust funds, making this a sought-after profession in the finance and accounting sectors.
In addition to enrolling in Trust Accountant courses, it's helpful to explore related fields of study such as Finance and Accounting. These disciplines offer a comprehensive understanding of the financial landscape, which is vital for a successful career in trust accounting. As you start your journey, consider the various job roles that may pique your interest, such as Accounts Clerk, Payroll Clerk, and Bookkeeper.
Expect to learn about financial legislation, auditing procedures, and trust management practices in the Trust Accountant courses available in Hobart. This knowledge not only prepares you for the role of Trust Accountant but also provides a solid foundation for other positions in the finance and accounting sectors such as Accounts Officer and Tax Accountant. By completing these courses, you're positioning yourself for a fulfilling career that can lead to advanced roles, including Accounting Manager and Financial Controller.
Ultimately, pursuing Trust Accountant courses in Hobart is an excellent step towards a stable and prosperous career in accounting and finance. With the skills and qualifications gained from these courses, you can also explore niche fields such as Forensic Accountant, allowing you to specialise further in your career. Make sure to seize the opportunity to build a robust skill set and connect with various training providers in the Hobart area who can guide you through your professional development journey.