Trainee Accountant (SO2)

Finance And Back Office National Capital Region

Main Duties / Responsibilities

Entering purchase orders and supplier invoices into Xero and creating its corresponding sales invoices to clients upon request of Operations team
Daily reconciliation of bank accounts
Review status of purchase orders to ensure that they are billed to clients
Preparation of payment files for weekly creditors run and sending out of remittance advice to paid suppliers
Updating suppliers’ profile in Xero to ensure that their bank account and other relevant information is correct
Preparation of weekly trade debtors list or aged accounts receivable summary
Month-end reporting which includes review of general ledger accounts, creation of relevant journals and preparation of month-end report pack (Profit and Loss Statement, Balance Sheet, Cash Flows Statement and Aged Receivables and Payables Summaries)
Other accounting-related tasks required by the team
Assist with the preparation of monthly and quarterly Business Activity statements for clients
Data entry of bank statements, invoices, receipts and other source documents
Preparation of quarterly/annual accounts and required workpapers
Assist with the preparation and distribution of Individual, Partnership, Trust and Company Tax returns
Preparation of annual PAYG payment summaries and STP annual finalisation
Preparation of taxable payments annual reports
Proactively identify and communicate job status and emerging issues

Experience and Skills

Minimum 2 years' experience in financial services, bookkeeping and accounting
Minimum 2 years’ administrative experience within a client facing service environment
Experience with Accounting software such as Xero, XPM and MYOB (highly desirable)
Intermediate to advanced Microsoft Office skills (Word, Excel and Outlook)

Performance Goals

Administration – effectiveness in planning, organizing and efficiently handling activities and eliminating unnecessary activities
Communication – effectiveness in listening to others, expressing ideas, both orally and in writing, relevant and timely information to management, co-workers and clients
Teamwork – ability to get along with fellow employees, respects the rights of others and shows a cooperative spirit
Decision making/problem solving – effectives in understanding problems and making timely, practical decisions
Independent action – effectiveness in time management; initiative and independent action within prescribed limits
Job knowledge – effectiveness in keeping knowledgeable of skills required in own job and related functions and identifying those requiring improvement
Customer responsiveness – responsiveness and courtesy in dealing with internal staff, external clients and suppliers; employee projects a courteous manner
Personal appearance – neatness appropriate to the position
Dependability – compliance with instructions and performs under unusual circumstances; record of attendance and punctuality
Responsiveness – in completing job tasks in a timely manner
Compliance – with all ASIC, other regulatory and business guidelines