AU Tax Accountant

Remote People•Traverse City, MI

About The Position

As a Tax Accountant, you will work as part of a high-performing team to reconcile and prepare financial statements and tax returns for individuals, partnerships, trusts and companies. The role requires at least three years of experience working with an Australian tax firm and prior experience with businesses with turnover between AU$3 million and AU$50 million. You will prepare Business Activity Statements (BAS), reconcile tax returns and financial statements, prepare tax working papers, and communicate proactively with managers and clients. You will use accounting and practice-management systems including Xero, Xero Practice Manager, Microsoft Suite, NowInfinity and Ignition. Success is measured by effective team communication, timely completion of work, attention to detail, and accurate, high-standard preparation of tax returns and BAS.

Requirements

At least three years of professional accounting experience, including experience working with an Australian tax firm.
Previous experience working on businesses with turnover between AU$3 million and AU$50 million.
Bachelor’s degree in Accounting, Commerce, Finance, or equivalent experience.
Enrolled in, or looking to enrol in, CA or CPA.
Technical ability and experience using Xero, Xero Practice Manager, Excel, Microsoft Outlook, Microsoft Teams, NowInfinity and Ignition.
Experience preparing BAS, including understanding GST-free transactions.
Experience completing Australian tax returns for individuals, trusts, companies and partnerships.
Ability to complete tax reconciliation workpapers explaining the difference between accounting profit or loss and taxable profit or loss.
Ability to complete asset depreciation schedules and reconcile GST in financial statements.
Ability to complete a franking account in a company tax return and a Division 7A loan reconciliation workpaper.
Ability to reconcile and process employee leave provisions, company income tax provisions and employee superannuation liabilities in financial statements.
Ability to calculate FBT reimbursements for motor vehicles and complete hire purchase loan schedules.
Strong understanding of deductible superannuation contribution eligibility, including concessional and non-concessional caps and prior unused superannuation caps.
Ability to calculate capital gains for individuals on the sale of property and listed shares.

Responsibilities

Communicate proactively with managers about the priority and progress of allocated jobs.
Take ownership of delegated tasks and jobs, following checklists and procedures to meet established quality standards.
Prepare Business Activity Statements (BAS).
Reconcile and complete tax returns for individuals, trusts, companies and partnerships.
Communicate with clients to request information or clarification.
Respond promptly to client requests and proactively manage expectations when requests may take longer than expected.
Extract data, adjust ledger files and prepare tax working papers.
Use Xero, Xero Practice Manager, Microsoft Suite, NowInfinity and Ignition competently.
Complete transactions and tasks daily or by their allocated deadlines.
Prepare allocated tax returns and BAS to a high standard and by prescribed deadlines, with close attention to detail and minimal errors.