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Senior Tax Accountants (COL0002)

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

MAIN RESPONSIBILITIES

Financial Statement Preparation Tasks

  • Prepare and complete working papers according to client and regulatory standards for clients in a 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 a 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 Returns in client-specified software
  • 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 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 the deadline set by the client.
  • Daily Timesheet preparation in the 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

QUALIFICATIONS

Education

  • Should be a graduate of Finance and or Accounting
  • CPA is preferred but not required

Product Knowledge

  • Complete knowledge of client accounts and businesses
  • At least 3-5 years of experience in accounting and taxation
  • Knowledge of Australian Taxation and Compliance
  • General AU Accounting experience with small to medium-sized businesses
  • Must have experience in Individual, Partnership, Trust and Company Compliance
  • SMSF compliance knowledge is preferred, but optional

System and Application Knowledge

  • Knowledge of Microsoft Office applications such as Outlook, Word, Excel, and PowerPoint
  • Familiar with accounting tools such as Xero, XPM, MYOB and QuickBooks are a plus.
  • Preferably has experience with FYI (accounting software)
  • 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 in a timely manner