AU Tax Accountant

Job Overview

Responsible primarily for completing the working papers and assisting the onshore team of client's tax compliance reports.

The Tax Accountant is also responsible for handling fundamental and core aspects of clients' tax compliance and may assist with advanced tasks provided by the Accounting Manager or Service Delivery Manager.

Responsibilities

Financial Statement Preparation Tasks

• Review general ledger balances, reports, and transactions to verify their accuracy for the correct tax application
• Prepare and complete working papers according to client and regulatory standards for clients in variety of businesses.
• Apply technical proficiency and knowledge acquired through assigned work, self-study, participation in courses, and study of current technical reports and information.
• Prepare adjustments, if applicable, to correct the client's tax allocation
• Perform year-end accruals review
• Gathering all pertinent information and confirmation received to prepare job notes to the financial statements
• Ensure all working papers are updated to reflect the final version of the financial statements
• Remain knowledgeable with updates in the accounting software
• Generating complete set of Financial Statements to be sent to clients.
• Preparation of Trust Distribution and Dividend Statement, if applicable.
• Pro-actively raise queries and suggestions regarding client's records to promptly prepare the working papers

Income Tax Return Preparation Task

• Drafting of Tax Return in client specified software
• Prepare Tax Reconciliation and Tax Provision
• Ensure all appropriate tax deductions and tax off-set are claimed base on regulatory standards
• Ensure all necessary tax return sections are filled out and with no validation errors

Process and Work Flow Compliance

• Ensure the proper completion of the tax compliance checklist provided by the onshore team
• Manage workflow and ensure jobs are completed accordingly before deadline set by the client.
• Daily Timesheet preparation in client specified application

Pro-active raising queries

• Pro-actively raise queries and suggestions regarding client's records to promptly prepare the working papers

ATO Compliance

• Preparation and lodgement of Monthly, quarterly or annual Activity Statement (IAS or BAS) of the client

Ad hoc tasks

• Any task deemed necessary by the Team Manager or Service Delivery Manager involving client Management

KEY RESULT AREAS AND PERFORMANCE INDICATORS (KRA's & KPI's)

• Productivity needs to meet the minimum expectation set for each jobs
• Completion of jobs within budget hours as set by the client
• Quality of working papers, job notes
• Accuracy and completeness of Financial Statements and Tax Return
• Timeliness in submission of queries and job completion
• Punctual and regular attendance is an expectation
• Efficient resolution of Issues and Risks Escalations

Qualifications

Education

• Should be graduate of Finance and or Accounting
• CPA is preferred

Product Knowledge

• Complete knowledge of client accounts and businesses
• At least 4-5 years of experience in Australian accounting or taxation
• Knowledge with Australian Taxation and Compliance is preferred
• General Accounting experience is preferred
• Must have experience in Individual, Partnership, Trust and Company Compliance
• SMSF compliance knowledge is preferred, but optional

System and Application Knowledge

• Knowledge with Microsoft Office applications such as Outlook, Word, Excel, and PowerPoint
• Familiar with accounting tools such as Xero, MYOB and QuickBooks
• Ability to learn new systems and tools as needed

Quality

• Works within the Hammerjack and Client quality guidelines
• Ensures quality of work being delivered without being supervised

Communication skills

• Good oral and written communication skills

Efficiency

• Works within allotted budget hours for jobs assigned
• Ensures all deliverables are fulfilled on a timely manner

Job Types: Full-time, Permanent

Benefits:

• Company Christmas gift
• Company events
• Free parking
• Health insurance
• Life insurance
• On-site parking
• Opportunities for promotion
• Pay raise
• Promotion to permanent employee
• Staff meals provided
• Work from home

Application Question(s):

• How many years of work experience do you have with being an Australian Tax Accountant?

Work Location: Remote