Graduate - R&D Tax

RSM US LLP; Brisbane; On-site; AUD 60,000 - 90,000; Full time

Benefits offered by this job

Health benefits

Wellness program

Career development

Job summary

RSM Australia is seeking a graduate to join the Research & Development Tax team, offering exposure to accounting/finance, law, science, technology and consulting. You will contribute to deep-dive analyses and bespoke solutions for clients while developing as a critical thinker.

The role supports learning across eligibility, expenditure, and tax interactions, with opportunities to work across industries and to complete technical reports and regulatory schedules.

Qualifications

• Strong written communication skills (experience in technical, scientific or legal writing is important).
• Strong analytical skills (ability to assess law and provide well-reasoned arguments).
• Strong data processing skills (Microsoft suite critical).
• Ability to work autonomously and as part of a team.

Responsibilities

• Develop understanding of R&D Tax Incentive eligibility and related legislation.
• Prepare R&D technical reports, costings, ATO schedules and close out letters.
• Manage client portfolios to meet billing and cash collection targets.
• Demonstrate effective communication with clients in writing and verbally.

Skills

Written communication

Analytical thinking

Data processing

Autonomy

Teamwork

Business acumen

Attention to detail

Education

Double degree in Commerce/Finance/Accounting/Law + Science/Engineering/IT

Tools

Microsoft Excel

Job description

OUR VALUE PROPOSITION

At RSM, our purpose is to instill confidence in a world of change for both our clients and our people.

RSM Australia supports a people-centric and collaborative culture where we are committed to empowering and developing you. As a leading professional services firm, we connect you to an extensive network of global resources and invest in your future. We value the meaningful work that you do and encourage you to be a part of the change.

Our value proposition is our commitment to you; it highlights the experiences, benefits, and value that you can expect as part of RSM. This is underpinned by our three values – integrity in everything that we do, supporting clients everywhere, and developing and valuing everyone.

Who we are:

RSM Australia is a member of RSM, the world’s 6th largest network of audit, tax and consulting firms. We are an award-winning professional services firm with over 100 years experience supporting Australian businesses. We believe in putting people first and we are proud to have developed a work culture that fosters growth, collaboration and success.

About the role:

The Research & Development Tax team offers a unique blend of experiences across accounting/finance, law, science, technology and consulting. We provide leading advice to clients on their eligibility for the R&D Tax Incentive.

This role will allow you to be a be part of client-facing teams which undertake deep dives and then formulate bespoke and industry leading solutions. A graduate role will develop you as a critical thinker.

Develop an understanding of the following concepts:

• Eligibility for the R&D Tax Incentive;
• Eligible Expenditure and Allowable Deductions;
• Interactions between R&D Tax Incentive legislation and general income tax provisions;
• Differences between accounting and tax treatments (e.g. accounting capital vs tax capital), and general understanding of accounting and tax fundamentals;
• Claiming R&D expenditure from the Profit and Loss Statement and Balance Sheet; and

Requirements of regulators of companies claiming the R&D Tax Incentive.

Develop knowledge of various industries (I.T., Engineering and Science preferred) that are able to claim the R&D Tax Incentive;

Ability to complete R&D technical reports, costings, ATO schedules and close out letters;

Ability to understand the professional services framework, business and billing models, and the ability to manage a portfolio of clients to ensure all billing and cash collection targets are met;

Demonstrate excellent communication skills with clients both through written correspondence and verbally;

Demonstrate ability to understand and apply the law, including R&D Tax legislation, other provisions of the Income Tax Acts, and other related legislation (e.g. Corporations Act 2001 (Cth)); and

Ability to undertake various administrative tasks including preparing files, filing, completing timesheets and organising meetings.

About you:

EDUCATION REQUIREMENTS:

Essential

• Double degrees combining Commerce/Finance/Accounting/Law with a technical degree in Science/Engineering/IT will be advantageous.

DEMONSTRATED EXPERIENCE & ATTRIBUTES:

Essential

• Strong written communication skills (experience in technical, scientific or legal writing is important for this role).
• Strong analytical skills (e.g. ability to assess law and provide well-reasoned arguments).
• Strong data processing skills (Microsoft suite critical, ability to utilise other tools will be advantageous).
• Ability to work autonomously (including ability to research solutions prior to consulting Senior members of the team) and as part of a team.
• Strong business acumen and business maturity to manage a portfolio of client relationships in real time is desired.
• Strong attention to detail with the ability to simultaneously meet strict deadlines.

Life at RSM:

RSM provides a great environment to build skills and confidence and we help our people achieve their best. We are trusted advisors to our clients, so it is critical for us to find the right people for the job on offer. Our network of offices across Australia and around the world allow us to offer a personal service to all our clients regardless of where they are!

Working for RSM entitles everyone to a wide range of leading health, wellness financial and lifestyle benefits.