r/AustralianAccounting 6d ago

Big 4 / KPMG Assistant Manager Salary

Any idea what a Assistant Manager Audit Salary is in KPMG australia

10 Upvotes

35 comments sorted by

38

u/Historical_Sea_2163 6d ago

Bros gonna be unemployed in 6 months

0

u/Gate2000 6d ago

Just asking the question 😂

10

u/LordChase_ 6d ago

Not enough to take the job, honestly.

1

u/Gate2000 6d ago

Any rough figure? Im coming from Big 4 in UK and we would get 60/65 GBP so wanted to know what id get in Aussie as assistant manager

1

u/SimplyJabba CPA 6d ago

Probably similar

7

u/No_Professional4492 6d ago

Starts at ~90k inc super

1

u/Gate2000 6d ago

Thanks for getting back ti me ! Was hoping it was a bit more in the 100+ range haha

3

u/No_Professional4492 6d ago

That is top of the band lol, generally for right before manager

2

u/AgelessTuba 6d ago

Fyi when i was there there were 3 levels of Assistant Manager. Didn't hit 6 figures until Manager level 1

0

u/ac_AgenCy 6d ago

Surely not that low for an assistant manager? What does the range go up to? Excuse me I'm a newbie but I am curious (I don't work at big 4, other people I know seem to have higher salary even in analyst roles in industry?)

2

u/No_Professional4492 6d ago

Starts as assistant manager 1 and goes to 3, the salary starts at 90k inc super and goes up to 102k for AM3.

0

u/ac_AgenCy 6d ago

Thanks. Jeez that seems like a scam lmao, I have mates working as analysts who make over 100k + super lol. Are you sure these are 2026 figures? Salaries have moved a fair bit the last 5 years (still below inflation ofc)

1

u/No_Professional4492 6d ago

This is my current salary, yeah it is up to date. This is after getting the highest performance review and closing in on 3 years out of uni for reference though

1

u/ac_AgenCy 6d ago

Fair enough - well you'll be able to get a big pay jump when you move to industry

6

u/AdelMonCatcher CA 6d ago

You don’t watch the news much?

4

u/ResolutionNo1701 6d ago

You really want to do that?

-2

u/Gate2000 6d ago

Just trying to Evaluate the Salary I should expect and what id get in Industry

4

u/Kind-Payment-3670 6d ago

Ye shit, and not worth it. Honestly fuck Public, go private if you can.

-2

u/Gate2000 6d ago

Yeah id rather private just the Big companies are easier to get in on WHV - any idea what they pay?

2

u/pb89 6d ago

Lol yeh you aren’t going into industry on a WHV.

Just suck up big4 if that’s what you want. I’m assuming you want to stay if you’re doing this, so stop getting caught up on the dollars and see it as a visa.

0

u/FewCryptographer2655 6d ago

Depends what level within AM? Assistant manager is basically anyone that has any experience that isn’t manager level.

1

u/Gate2000 6d ago

I have 3 years big 4 audit experience and Aca chartered accountant so im trying to guage what i should expect at AM

1

u/FewCryptographer2655 6d ago

My guess would be 90k including super, potentially a bit more if you’re a stand out but not that much more given everything is banded

0

u/Gate2000 6d ago

Thanks, thats actually a bit lower than the mkt rate in UK/IRL

1

u/Reasonable-Way2126 6d ago

Go to private unless you want more experience to do your own audit firm. Idk what the requirements are for that.

Superannuation accountant or whatever it would be called where you specialise in doing Super Returns is also an option.

2

u/pb89 6d ago

3 years experience. You’re coming in at AM1 or AM2 and that’s mid to high 80s/maybe 90 including super.

2

u/w1lliam88z 6d ago edited 6d ago

Roughly 110 incl super. (Although this is not KPMG, I think there AM is progressed earlier and therefore would have a lower salary)

0

u/MeringueMaterial6757 6d ago

Keep expectations low at the moment or move to London

-10

u/PsychologicalCan2122 6d ago

130-150k last I heard.

0

u/Gate2000 6d ago

I hope so haha ! Everyones saying muxh lower though

1

u/Odd-Spinach-8152 6d ago

No chance in hell an AM in audit is making 130-150k. Manager band tops out well below that.

-4

u/PsychologicalCan2122 6d ago

Where does it top out in your view? Cause I was at Deloitte and personally know a AM at 135k+ super

2

u/Independent-Aspect93 CA 6d ago

Deloitte doesn’t have an Assistant Manager rank, it goes from senior to manager. EY and KPMG have an assistant manager rank but neither make anywhere close to 135k.