Intermediate Tax Accountant | Work from Home Remote- Eastwood Avenue, Quezon City, Metro Manila, Philippines 2 - 4 Years Probationary
Job Description
Are you an experienced accountant looking to further develop your expertise in Australian taxation and accounting? We are seeking an Intermediate Tax Accountant to join a dynamic and collaborative team supporting Australian clients across a diverse range of industries. This is an excellent opportunity for a detail-oriented professional who enjoys taxation, financial reporting, business advisory, and working with modern cloud-based accounting systems. If you're passionate about delivering quality client outcomes and building a long-term career in Australian accounting, we'd love to hear from you.
Qualifications:
- Bachelor's degree in Accountancy, Accounting, Finance, or a related field.
- At least 2-3yrs of Australian Tax Accounting experience
- Experience supporting Australian accounting or taxation clients.
- Strong understanding of Australian taxation principles and compliance requirements.
- Experience preparing Australian tax returns, BAS, IAS, and financial statements.
- Proficiency in Xero, Xero Tax, Xero Practice Manager, MYOB, QuickBooks, BGL, or similar accounting software.
- Strong Microsoft Excel skills, including formulas, spreadsheets, and reporting.
- Excellent attention to detail and self-review capabilities.
- Strong written and verbal communication skills.
- Ability to manage multiple deadlines and work independently in a fast-paced environment.
Job Responsibilities
Accounting
- Good understanding and application of accountingconcepts such as: Accounting for leases (HP’s), Prepayments and Accruals,Depreciation/disposal of Property, Plant & Equipment, Revenue recognition,Capital gains and losses, Income tax and Single Touch Payroll.
- Preparation of complete workpapers in a logical mannerwith referencing.
- Documentation of issues using file notes and matters to be carried forward.
- Minimal review points on basic jobs.
- Preparation of management accounts and special purpose financial statements for clients as required to meet their taxation and/or reporting requirements with assistance from senior staff.
- General bookkeeping assistance to clients to ensure they meet their tax return and activity statement lodgement obligations and/or produce accurate, timely management report.
Taxation
- Preparation of basic income tax returns for individuals, companies, trusts, partnerships and superannuation fund (if applicable). This includes PAYG instalment calculation and preparation of any required taxation return schedules, independently or with assistance from senior staff.
- Complete understanding of the ATO and ABR processes including:
- ATO lodgement program for all taxpayers
- ATO/ABR registration and deregistration including TFN, GST, ABN, PAYG
- GIC remissions and other ATO portal requests
- Effective communication with the ATO including being able to obtain and document information effectively and efficiently
- Thorough working knowledge of the tax system including understanding of: Assessable income, Allowable deductions, Division 7A, Income Tax rates, Capital allowances and capital works, Dividend imputation system and the franking account, Superannuation contributions and contribution caps and Trading sock.
- Basic understanding of the following concepts: Fringe Benefits Tax, Eligibility criteria for Small Business CGT Concessions, Company and Trust loss rules and Family Trust and Interposed Entity Elections.
- Ability to understand and prepare a more complex tax reconciliation
- Ability to estimate the tax payable/refundable for a particular entity and to prepare a group tax summary
Business and InstalmentActivity Statements
- Preparation and lodgement of activity statements for businesses and investors as required meeting their GST, PAYG Withholding, PAYG Instalment obligations.
- Liaison on behalf of clients with the Australian Taxation Office in relation to their activity statement requirements and payment obligations.
- Complete understanding of the PAYG system including: Instalment rates, Instalment options, Timing of instalments and Varying instalments.
Other Taxation
- Preparation of Fringe Benefits Tax (FBT) returns for clients.
- Basic understanding and calculation of Payroll Tax, Land Tax and Stamp Duty
Business Advisory
- Provision of advice to clients as it relates to the preparation of their accounts, income tax returns and activity statements.
- Communication of current issues or legislative changes to applicable changes where appropriate.
- Discussions with clients regarding their business performance and other advisory style assignments.
Information Technology
- Competent user of software systems and database including Sharepoint/Xero Practice Manager/ Xero tax/Xero Ledgers/Quick Books/MYOB/BGL if applicable.
- Proficient use of Microsoft Word for document and correspondence production.
- Proficient use of Microsoft Excel including the use of basic formulas, charts and tables
- Proficient use of Microsoft PowerPoint for client presentations
- Ability to use copier and scanner functions
Other
- Good understanding of small group structures and how entities within interrelate.
- General administrative tasks relating to the accounting, taxation and advisory needs of the firm’s clients.
- General understanding of corporate secretarial requirements, including: Annual compliance requirements, Preparation of forms to update records and Purpose of minutes.
- Introductoryknowledge of key attributes of entities and the process to establish newentities including: Officeholders, trustee, appointor, settlor and beneficiary roles and responsibilities, Legalattributes of Trust and Company and Role of a Trust Deed and Constitution
- Liaising with various external parties, including but not limited to insurers, WorkCover and financiers, in relation to a client’s financial affairs at their request.
- Presentation of oneself in a professional manner
- Accurate recordingof timesheets
- Preparation ofstraightforward correspondence (both email and letter) using NGA Privatestandard documents
Administration and Finance Tasks
- Analyse client WIP reports and prepare draft invoices for Manager approval
- Daily timesheet requirements
- Updating of tracking sheets and job status
- Liaising withinternal stakeholders
- Other ad-hoc administrative tasks
Why IntoGREAT?
- Competitive Compensation Package:An attractive salary and comprehensive benefits aligned with market standards.
Work-Life Balance Support:Paid time off, wellness programs, and initiatives designed to enhance employees' work-life balance and personal productivity.
- Career Growth and Development:Opportunities for training and development to help employees advance their skills and grow within the company.
- Supportive Leadership:A collaborative environment with leaders who provide guidance, mentorship, and recognition to empower employees in their roles
Ready to Shape the Future?
Step into a role where your skills will fuel growth, inspire change, and create a lasting impact. We’re eager to see how you can make a difference with us!