Trainee Accountant (SO2)
Description
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