TAX ACCOUNTANT

Salary: Negotiable Peso per month (depending on qualifications and Experience)
Experience: 3 to 5 years – MUST HAVE Australian Taxation Experience!
Hours: 40 hours a week, Monday to Friday, 8:30 am to 5:30 pm (Australian and NSW Public Holidays will apply)

Location: The candidate will be working from home
Language: English

Start Date: Flexible or as soon as possible.
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.

DUTIES AND 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 for businesses including Companies and Trusts in Xero/MYOB.
• 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.
• Preparation of Div7A calculations and documents, if applicable.

Income Tax Return Preparation Task

• Prepare Tax Returns for Individuals, Partnerships, Companies and Trusts in Xero Tax.
• Prepare Tax Reconciliation and Tax Provision
• Ensure all appropriate tax deductions and tax off-set are claimed based on regulatory standards.
• Ensure all necessary tax return sections are filled out and with no validation errors.

Process and Workflow Compliance

• Ensure the proper completion of the tax compliance checklist provided by the onshore team.
• Manage workflow in Karbon 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 lodgment 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 job.
• 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, but more importantly a great work ethic and values.
• Highly motivated, proactive, focused with a loyal and committed to the team.
Product Knowledge
• Complete knowledge of client accounts and businesses
• At least 2-3 years of experience in accounting or taxation
• Knowledge with Australian Taxation and Compliance is essential.
• Previous experience working with an Australian accounting firm.

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 Karbon.
• Ability to learn new systems and tools as needed such as Practice Ignition.

Quality
• Works within team’s quality guidelines
• Ensures quality of work being delivered without being supervised.

Communications 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

PLEASE PROVIDE RESUME WITH THE APPLICATION