AU Senior Tax Accountant (WFH)

General Overview of Position

TheSenior Accountantis responsible for completing the job assignment for subsequent manager/supervisor and partner review. The senior must show initiative and be able to work with minimum supervision preparing accounts to review stage with an appropriate understanding of the relevant accounting standards and taxation law.

Primary Responsibilities

• Approach to Business Services Assignments
• Demonstrate proper application of these procedures through the use and completion of appropriate accounting work papers to support the final reports produced.
• Keep up to date with changes to accounting and tax law
• Demonstrate a good understanding of all sections of the accounting file and the requirements of each.
• Planning and Programming Work
• Plan out assignments, including:
• Agreeing timetables with clients and management to meet all deadlines
• Reviewing past files
• Budgeting time and cost with the supervisor or manager
• Preparation of work
• Keep the manager or partner informed in a timely manner of any likely variances to the budget and highlight any difficulties in meeting the plan.
• Ensure that work papers are prepared in line with the firm's standards.
• Completion Procedures
• Finalise the accounting file for manager/supervisor review, ensuring that work papers are fully complete, referenced, etc.
• Ensure that there is satisfactory clearance of all manager or partner review points, before re-presenting the file.
• Assist in finalising the billing of the job, being aware of performance against budget, and explaining any cost over-runs.
• Client Liaison
• Demonstrate a high standard of professional appearance and approach in dealing with clients.
• Demonstrate superior communication skills, both written and oral.
• Develop a thorough understanding of the client's business and the commercial environment in which they operate.
• Wherever possible identifying areas where we can add value to the client's business by providing advice designed to improve processes, reduce expense or enhance income growth.
• Take a proactive role in liaising with the client or their staff by phone, e-mail or in person, to ensure that you build their trust and confidence.
• Ensure that any commitments made to clients are followed up and met in line with the expectation of the client.
• Be sensitive and responsible to concerns raised by clients to ensure that these issues are dealt with promptly, professionally and effectively.
• Ensure that the manager and partner are kept informed of any issues which may impact negatively upon a client relationship.
• Professional and Technical Skills
• Display good knowledge and understanding of Australian reporting requirements, especially Accounting Standards, Taxation Law, the Corporations Act 2001, AASB interpretations and other applicable requirements. Apply these standards in practical situations, consistent with Professional Year or Chartered Accountant studies and experience.
• Use appropriate analytical techniques in completing assignments.
• Apply such knowledge to accurately prepare financial reports, including statements of cash flows, where required.
• Be familiar with the preparation and presentation of consolidated financial reports.
• Demonstrate a solid knowledge of income tax for corporations (tax effect accounting), individuals, trusts, fringe benefits tax and other taxes.
• Keep yourself up to date on technical issues such as:
• Changes to legislation and/or its application
• Changes in reporting requirements.
• Marketing
• Be aware of all the services which the firm is capable of supplying and the name of the Partners who can take responsibility for providing the services.
• Be aware of the company's literature and merchandise.
• Through client liaison, be pro-active in promoting the services of the firm to clients.
• Computer Skilss
• Demonstrate a good working knowledge of:
• Word
• Excel
• Outlook
• BGL software
• MYOB AE
• Cloud based accounting software
• Be efficient in your use of these products, including:
• Ensuring that you are properly trained in all products you use
• Using existing templates/standards
• Other General Areas
• In performing your work, ensure that you adhere to the requirements of the Hall Chadwick Business Solutions Manual.
• Be aware of your budgeted chargeable units per day and the total units per day for completing timesheets. Seniors are expected to charge 90% of their total units per day.
• Ensure that you keep comprehensive daily records of time spent as the basis for completing timesheets.
• Consistently submit timesheets that are fully and accurately completed by 10am the next day
• Participate effectively in all meetings, from divisional/team meetings, to other firm meetings. Ensure that you complete the action points assigned to you and meet the deadlines set.
• Actively participate in the firm's training programmes, ensuring that you are proactive in demonstrating the skills taught on the job.
• Be proactive in developing good relations with other staff in the division, ensure that you participate effectively as part of the team, understanding your role and the roles of others

Core Competencies/expectations

• Oversee and train junior and intermediate staff
• Appropriate delegation with a view to processing tasks more efficiently
• Manage and prepare large jobs to completion to client query + review stage
• Liaise with clients in a professional manner concerning compliance work and other non-technical advice assistance
• Prepare clear and professional email messages for more senior staff to send to clients.
• Managing own workflow and regularly updating senior staff, including requesting more work when necessary.
• Achieve 90% productivity
• Complete and pass at least 6 university subjects each year
• Work towards completion of university and commencement of CA program
• Prepare tax advice emails in response to client queries, identify complex matters which require assistance from tax team.
• Completion of business services assignments within 6 weeks
• Ability to work independently and ask appropriate questions of more senior staff when required
• Look for opportunities to add value for client base, including marketing opportunities and ideas.
• Identify any issues relating to client work and bring to the attention of more senior staff

Skills and Qualifications

• 5+ years of proven experience in accounting and financial analysis.
• Display good knowledge and understanding of Australian reporting requirements, especially Accounting Standards, Taxation Law, the Corporations Act 2001, AASB interpretations and other applicable requirements. Apply these standards in practical situations, consistent with Professional Year or Chartered Accountant studies and experience.
• Familiar with the preparation and presentation of consolidated financial reports.
• Demonstrate a solid knowledge of income tax for corporations (tax effect accounting), individuals, trusts, fringe benefits tax and other taxes.
• Demonstrate a good working knowledge of:
• Word
• Excel
• Outlook
• BGL software
• MYOB AE
• Cloud based accounting software
• Be efficient in your use of these products, including:
• Ensuring that you are properly trained in all products you use
• Using existing templates/standards
• Demonstrate a high standard of professional appearance and approach in dealing with clients.
• Demonstrate superior communication skills, both written and oral.

Key Performance Indicators (KPI's)

• Pass all university subjects
• Train and supervise junior staff
• Work towards a 6 week turnaround for all business services assignments above $5000 and 4 weeks for below. Monitor the timetable and report to management on status of the job.
• Identify marketing opportunities or ideas and present them to your manager
• Achieve 90% productivity each month
• Completion of compliance work within budget
• 100% attendance of training sessions

Non-negotiable skills & requirements:

• 5+ years of proven experience in accounting and financial analysis
• Display good knowledge and understanding of Australian reporting requirements, especially Accounting Standards, Taxation Law, the Corporations Act 2001, AASB interpretations and other applicable requirements. Apply these standards in practical situations, consistent with Professional Year or Chartered Accountant studies and experience.
• Familiar with the preparation and presentation of consolidated financial reports.
• Demonstrate a solid knowledge of income tax for corporations (tax effect accounting), individuals, trusts, fringe benefits tax and other taxes.