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Turn your natural ability to manage details into a rewarding professional career by studying a MYOB course.
What do myob graduates do?
After completing a MYOB course, you’ll be able to work as a bookkeeper, payroll clerk or financial manager, working quietly behind the scenes managing the financial accounts and other records of the business or organisation.
Day-to-day, you can expect to perform tasks such as:
- Keeping and maintaining financial records, including monitoring and recording income, expenses and advances;
- Preparing and reconciling invoices, purchase orders and bank deposits;
- Preparing bills, receipts, ledgers and other documents;
- Balancing accounts using manual and computer account management systems;
- Managing cash flow, advances and lines of credit;
- Organising, distributing and recording per diems and other staff payments;
- Preparing financial statements and reports;
- Preparing budgets, expenditure reports and analyses using account books, ledgers and accounting computer software;
- Preparing and presenting reports and account summaries when requested;
- Reconciling bank accounts;
- Verifying transaction records and reporting irregularities;
- Researching and preparing forms for tax exemptions and tax payments; and
- Performing basic administrative and organisational management tasks.
You’ll enjoy studying a MYOB course if you:
- Are highly organised
- Have excellent administrative skills
- Have a head for detail
- Like solving problems
- Have good communication and interpersonal skills
- Are proactive and autonomous
- Can work well in a team
- Have strong time management
- Are patient
- Prefer behind-the-scenes jobs to being the centre of attention
- Enjoy numbers, maths and patterns
- Are interested in MYOB and accounting software
- Enjoy using computers
The Australian Government’s Job Outlook offers statistics on employment opportunities in the bookkeeping sector, which employs approximately 99,800 payroll officers and bookkeepers. According to Job Outlook, opportunities in the industry have contracted slightly over the last five years, and are likely to continue dropping until 2020. Job Outlook predicts approximately 88,400 people will be employed as bookkeepers in Australia by 2020. However, the size of the profession indicates jobs will still be available in all areas of Australia.
According to PayScale, bookkeepers can expect to earn between $40,000 and $72,000 per year, with an average annual salary of approximately $56,000. PayScale notes a positive relationship between experience and earning capacity, but observes that entry-level bookkeepers may still command a competitive salary, earning on average approximately $50,00 per year.
PayScale also notes that many bookkeepers move to senior roles in administration management and financial controlling after working in bookkeeping for several years.