DUTIES AND RESPONSIBILITIES
Customer Receipting
- Record customer payments
- Prepare aged Receivables on demand by our clients
Supplier Payments and Expenses
- Collate supplier invoices into weekly/fortnightly/monthly payment runs, streamlining payment processes wherever possible.
- Ensure all supplier bills are appropriately authorised for payment, and process payments when authorised.
- Record supplier payments and office expenses in accounting software, coding to appropriate accounts.
Reconciliations of Bank Accounts
- Reconcile all bank accounts on a weekly basis.
- Reconcile all bank accounts to the last day of the month each month.
- Reconcile all loan accounts on at least a quarterly basis.
Processing of Payroll
- Maintain confidential records for all employees
- Process employee pays, prepare ABA files for clients to process within internet banking
- Distribute pay advice to employees, via email ensuring all email addresses are correct
- Track employee leaves accruals.
- Reconcile monthly/quarterly PAYG.
- Reconcile and make quarterly superannuation payments.
- Reconcile and prepare payment summaries at the end of the year.
- Process end-of-year payroll and lodge with the Australian Taxation Office.
Individual Tax Returns
- Review, collate and summarize client data
- Prepare detailed Income Tax Return work papers to assist in ATO compliance and manager review process
- Identify missing information required from the client to complete the return
- Preparation of Annual Individual Income Tax Returns for review by the Manager
Financial Statements & Company/Trust Tax Returns
- Review, collate and summarize client data
- Identify missing information required from the client to complete financials and tax returns
- Prepare detailed work papers to assist in ATO compliance and manager review process, including but not limited to:
Bank Reconciliations
- Fixed Assets Reconciliations
- Hire Purchase (Asset Finance) Reconciliation
- Loan Reconciliations
- GST & Other Taxes Reconciliation
- Payroll Reconciliation
- Make any adjusting journals required to finalise year-end (Trust Distributions, Deferred Revenue, Provisions for Employee Leave Entitlements, Interest on Hire Purchases etc)
- Preparation of Financial Statements with Tax Reconciliation and relevant Tax Return(s)
- Any task deemed necessary by the Account Manager or Service Delivery Manager involving client management