Australian Accounting - SMSF

4 days left

Mar 07, 2024
Apr 22, 2024
Work Mode
Work from office
Full Time
Organization Type
No. of Openings : 08+

Required Experience : 1 year+

Timings - 07:30 AM to 04:30 PM (Including 01 hour of lunch - lunch is provided by company)

Location - Ahmedabad (Work From Office)

05 Days Working

Roles & Responsibilities:

- Prepare financial statements and reports for SMSFs in accordance with relevant accounting standards and regulations.

- Manage the end-to-end accounting process for SMSFs, including transaction recording, reconciliations, and financial statement preparation. Ensure timely and accurate lodgment of SMSF annual returns and activity statements.

- Monitor contribution limits, pension calculations, and other SMSF compliance requirements.

- Collaborate with clients to gather necessary documentation and information for SMSF accounting and compliance. Assist clients in understanding their SMSF financial statements, compliance obligations, and taxation implications.

- Prepare and review SMSF taxation calculations, ensuring accurate reporting of income, deductions, and capital gains. Advise clients on tax planning strategies within the SMSF framework.

- Stay updated on the latest changes in superannuation and SMSF regulations, ensuring compliance with legislative requirements. Interpret and apply changes in tax laws and regulations that impact SMSFs.

- Maintain accurate and organized records of all SMSF transactions, correspondence, and financial documents. Utilize accounting software and tools proficiently to manage SMSF financial data.

Qualifications and Skills:

- Bachelor's degree in Accounting, Finance, or a related field.

- Professional accounting qualification such as CPA or CA is highly desirable.

- Solid experience in SMSF accounting and compliance, with a deep understanding of relevant legislation.

- Strong knowledge of Australian Accounting Standards, Taxation Laws, and Superannuation regulations.

- Proficiency in using accounting software such as Xero, MYOB, BGL 360 or Class Super.

- Excellent attention to detail and accuracy in financial reporting.

- Effective communication skills to interact with clients and team members.

- Problem-solving abilities and the capacity to adapt to changing regulations.