Tax Accountant  

General Tasks

• Takes source data and financial information prepared by clients/bookkeepers and produces a draft set of financial statements for review by a Manager / Senior AccountantPreparation of Income tax returns for companies, trusts, partnerships and sole traders
• Setting up and completion of workpapers required for compliance work
• Being aware of existing legislation, current developments and ATO interpretation that may impact on the work you are performing for clients
• Discussing with the Manager / Senior Accountant every week (Up to daily) your priorities for the week, and reporting on the progress of all jobs allocated
• Communicating with clients and team members in a professional manner
• Developing an understanding of fundamental accounting for small business and be working towards being able to interpret clients’ data and financial information as presented, identifying ways of improving a client’s approach to their accounting system, and developing the ability to create an accurate, complete and meaningful financial report from the information supplied/available

You will also be required to

• Resolve queries raised
• Acquire knowledge of income tax law, fringe benefits tax and corporations law
• Acquire an understanding of capital gains tax, stamp duty, GST, land tax and pay-roll tax
• Undertake research and produces draft email advice on tax or company law matters, subject to the review of a manager
• Undertake training and understands the long-term benefit this will provide
• Becomes proficient with XPM, Xero, QuickBooks, MYOB, Excel
• Develops some analytical skills e.g. using commonsense and logic, can spot areas of concern and errors made by client
• Develops an understanding of corporate structure e.g. asset accumulation/protection, and uses of trusts

• Business (Accounting) / Commerce-related degree completion or in progress
• Aiming to complete professional studies to secure a CA or CPA qualification (optional)

Key Technical Skills & Experience

• Experience with Australian taxation system (financial statement and tax return
• preparation)
• Significant experience with Xero/MYOB/Quickbooks/equivalent
• 3 - 5 years Australian tax accounting experience
• Experience in administrative aspects of an accounting firm
• A working knowledge of XPM and tax preparation software is preferred