australian Tax AccountantHammerjack

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 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