At a Glance
- Tasks: Prepare and lodge tax returns, BAS, IAS, and FBT for diverse clients.
- Company: Reliance Accounting Pty Ltd, a trusted firm in Toongabbie.
- Benefits: Gain hands-on experience, competitive pay, and professional growth opportunities.
- Other info: Join a supportive team and build your career in a dynamic environment.
- Why this job: Make a real difference in clients' financial lives while mastering accounting skills.
- Qualifications: Studying accounting or related field; strong attention to detail and communication skills.
The predicted salary is between 47250 - 57750 $ per year.
This role involves preparing and lodging income tax returns for individual clients, companies, trusts, and partnerships, ensuring full compliance with Australian tax legislation and ATO guidelines. You will prepare and submit Business Activity Statements (BAS), Instalment Activity Statements (IAS), and Fringe Benefits Tax (FBT) returns in line with ATO lodgement deadlines and legislative requirements, and finalise End-of-Financial-Year (EOFY) financial statements for clients.
Key responsibilities
- Prepare and lodge income tax returns for individual clients, companies, trusts, and partnerships, ensuring full compliance with Australian tax legislation and ATO guidelines.
- Prepare and submit Business Activity Statements (BAS), Instalment Activity Statements (IAS), and Fringe Benefits Tax (FBT) returns in line with ATO lodgement deadlines and legislative requirements.
- Finalise End-of-Financial-Year (EOFY) financial statements for clients, ensuring accuracy and compliance with Australian Accounting Standards.
- Provide strategic tax planning advice to clients, identifying lawful tax minimisation opportunities and advising on tax-effective structuring for future periods.
- Analyse and review client financial records and source documents to assess tax positions, improve compliance accuracy, and identify discrepancies.
- Prepare management accounting reports for clients, including analysis of key financial metrics, tax liabilities, and cash flow positions to support business decision-making.
- Implement and maintain client accounting systems, providing guidance on the selection and use of cloud-based and desktop accounting software including MYOB, QuickBooks, and Xero.
- Establish and monitor internal control procedures for clients to safeguard assets, ensure financial integrity, and maintain accurate accounting records.
- Liaise directly with the Australian Taxation Office (ATO) on behalf of clients, including responding to ATO correspondence, negotiating payment plans, and preparing supporting documentation for reviews or audits.
- Collaborate with clients on an ongoing basis to resolve accounting and tax compliance matters and to provide proactive advisory support throughout the financial year.
Accountant in Sydney employer: Reliance Accounting Pty Ltd
Reliance Accounting Pty Ltd is an exceptional employer located in Toongabbie, NSW, offering a supportive work culture that prioritises employee development and growth. With a focus on compliance and strategic tax planning, employees are encouraged to enhance their skills through ongoing training and collaboration with clients, ensuring a rewarding career path in the accounting field. The company values work-life balance and fosters a team-oriented environment, making it an ideal place for professionals seeking meaningful employment.
Contact Details:
Reliance Accounting Pty Ltd Recruitment Team
