AU Senior Tax Accountant (CA/CPA)

Senior Tax Accountant for AU

Purpose

As a Senior 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.

You will have at least five years of experience working with an Australian tax firm and have previously worked on businesses with a turnover of between AU$1-50m. As an experienced team leader, you give actionable feedback and enjoy mentoring and training junior staff.

Experience working with primary producers and agricultural businesses is preferable but not necessary.

Responsibilities

• Oversee and review the work of junior and intermediate accountants, providing guidance and support to ensure work meets established quality standards

• Take ownership of reviewing delegated tax jobs, including individual tax returns, partnerships, trusts and companies

• Review and finalise Business Activity Statements

• Train and mentor junior and intermediate accountants, providing technical guidance to support their development

• Prepare client emails and correspondence, ensuring information is communicated clearly and professionally

• Prepare and review more complex tax jobs, including large and integrated client groups

• Review tax work to ensure accuracy, completeness and compliance with Australian tax requirements across all entity types

• Apply a strong understanding of Division 7A, FBT, CGT, superannuation, payroll tax and other relevant Australian tax matters to review work and guide junior and intermediate accountants

• Work competently in systems including Xero, Xero Practice Manager, MS365, Xero Tax, Xero Workpapers, CAS360, AccountKit, MYOB, QuickBooks, Agrimaster and Phoenix

Key Technical Skills & Experience

As part of the screening process, you will be asked to demonstrate your experience or understanding of the following:

• Technical ability and experience using Xero, Xero Practice Manager, MS365, Xero Tax, Xero Workpapers, CAS360, AccountKit, MYOB, QuickBooks, Agrimaster and Phoenix

• Preparing Business Activity Statements, with an understanding of GST-free transactions

• Completing Australian tax returns for individuals, trusts, companies and partnerships

• Completing a tax reconciliation workpaper explaining the difference between accounting profit/loss and taxable profit/loss

• Completing asset depreciation schedules

• Reconciling GST in financial statements

• Completing a franking account in a company tax return

• Understanding and completing a Division 7A loan reconciliation workpaper

• Reconciling and processing the following provisions in financial statements:

  • Employee leave provisions

  • Income tax provisions for companies

  • Superannuation liability for employees

• Calculating FBT reimbursements for motor vehicles

• Completing hire purchase loan schedules

• Strong understanding of deductible superannuation contribution eligibility, including:

  • Concessional and non-concessional caps

  • Prior unused superannuation caps

• Calculating capital gains on the sale of property for individuals

• Calculating capital gains on the sale of listed shares for individuals

Qualifications

• 5+ years of professional accounting experience

• Bachelor’s degree in Accounting, Commerce, Finance or equivalent experience

• Enrolled in, or looking to enrol in, CA or CPA