Key Responsibilities of a Senior Tax Accountant:
- Prepare and review income tax returns for individuals, companies, partnerships, and trusts
- Assist with the flow of information between the account & its clients
- Liaise with ATO on client matters
- Input data using Xero Online accounting software
- Prepare draft Business Activity Statement (BAS) and Instalment Activity Statement (IAS) for further review by the offshore Accountants
- Prepare and analyse Financial Statements, for review by the offshore Accountants
- Prepare ATO applications such as ABN, TFN, GST and PAYG
- Handle business entity set-up and registration
- Maintain up-to-date knowledge of relevant taxation and other related legislation and rulings
- Assist with bookkeeping tasks
- Communicate with direct manager on workflow matters
- Prepare financial statements in accordance with all current, legal and accounting reporting standards
- Identify, research and/or resolve all complex accounting issues
- Prepare workpapers and workflow reports for clients
- Analyse management accounting reports and provide advice to clients
- Performing other tasks as required by the client and the management.
Other responsibilities may include:
- Prepare clear and concise work papers as evidence of work performed
- Apply knowledge of the business environment within which the client is operating and how the client is positioned in the industry
- Share knowledge, best practices, and industry market trends to actively increase the overall knowledge of the team
- Ensure processing of information into the Firm’s systems has been properly recorded
- Provide other support as necessary to the client
- Maintain current files and records accurate, and date any actions and detailed file notes
- Participate in internal and external training as required
- Review junior staff work papers and ensure appropriate evidence is documented
- Contribute to the team effort by accomplishing other tasks as requested by the client.