SMSF Accountant- Onsite

TOA Global; Mandaluyong; On-site; PHP 600,000 - 900,000; Full time

Job summary

TOA Global is seeking an experienced SMSF Administrator to join our Australian accounting support team in Manila. You will prepare SMSF year-end financial statements, member statements, SARs, and TBARs for a portfolio of funds using BGL Simple Fund 360, and lodge BAS/IAS where applicable.

You will also prepare workpapers, reconcile transactions, calculate contributions and pension payments, liaise with SMSF auditors, and stay updated on SIS Act and ATO requirements.

Qualifications

• Minimum 2 years’ experience in SMSF administration and accounting with an Australian firm.
• Experience preparing SMSF financial statements and SARs from start to finish for a portfolio of funds.
• Experience drafting pension, contribution and tax calculations and liaising with SMSF auditors.

Responsibilities

• Prepare SMSF year-end financial statements, member statements and SARs using BGL Simple Fund 360.
• Prepare year-end workpapers and lodge BAS/IAS where applicable.
• Reconcile fund transactions, calculate contributions and pension payments, TBAR reporting.

Skills

SMSF administration

Accounting

Financial statements

Audit work papers

Education

Degree in Accounting, Commerce

Tools

BGL Simple Fund 360

BGL CAS 360

Job description

• Preparation of Self Managed Superannuation Fund (SMSF) year end accounts; which includes financial statements, member statements and SMSF Annual Returns (SAR) for a portfolio of self-managed superannuation funds using BGL Simple Fund 360
• Preparation of year end workpapers utlising the workpapers function within BGL Simple Fund 360 software
• Process and reconcile fund transactions, including bank data feeds, investment income, contributions, pension payments and rollovers
• Calculate member contributions and pension payments, monitor contribution caps and minimum/maximum pension limits, and prepare Transfer Balance Account Reports (TBAR)
• Prepare and lodge Business Activity Statements (BAS) and Instalment Activity Statements (IAS) where applicable
• Understand the rules with contribution caps, SIS Act, SIS Regulations and ATO requirements, including the sole-purpose test, in-house asset rules and related-party transaction rules
• Identify client mistakes and troubleshoot how to fix (shortfall in minimum pension, incorrect withdrawals, exceeding contribution caps).
• Ensuring the correct allocation of Superannuation Contributions and pension withdrawals
• Prepare audit work papers and supporting documentation, and liaise with the independent SMSF auditor to resolve queries
• Preparation of superannuation fund cover letters and year end pack
• Preparation of Pension Paperwork (Commencement/Commutation)
• Maintain corporate trustee and superannuation fund records
• Manage ASIC lodgements using BGL CAS 360
• Liaise internally on queries for SMSF year end work and draft queries for your manager to review.
• Manage and track your workflow to maintain deadlines.
• Keep up to date with changes to superannuation legislation, tax rules and ATO rulings
• Other tasks as directed

SKILLS & EXPERIENCE

Qualifications:

• Degree in Accounting, Commerce or a related discipline

Experience:

• Minimum 2 years’ experience in SMSF administration and accounting with an Australian firm.
• At least 2 years’ hands-on experience using BGL Simple Fund 360 (experience with BGL and CAS 360).
• Proven experience preparing SMSF financial statements, annual returns and audit work papers from start to finish for a portfolio of funds
• Experience preparing pension, contribution and tax calculations and liaising with SMSF auditors
• Experience dealing with SMSF audit queries from the auditor.
• Strong ability to draft queries for year end superannuation fund accounts missing information / contribution confirmation etc.