Bookkeeper & Payroll (SO2)
Description
About the Organization
This firm are an award-winning top 100 Professional services practice located in Australia. Proud to be people focused & quality driven. With 3 principles and a team of 30-35 staff in total, they’re a well-resourced team who are continuously growing.
Individual and Business Clients are across a wide variety of industries including manufacturing, architecture, engineering, advertising, property developers, tourism & hospitality and over 150 SMSF’s.
Training & ongoing study is always front of mind with this practice. Each member of staff will receive a training budget plus a training program that is tailored to each individual which is not only technical, but also soft skills, management, communication, and client management training.
Culture wise, we are social & collaborative. The firm regularly have team lunches and celebrate events such as birthdays and want to make sure you feel part of our Australian business.
Principle role includes the following:
Bookkeeping
Australian Bookkeepers are responsible for several duties related to managing financial records these responsibilities for clients - these activities include:
- Processing payments, invoices, income and receipts and entering data into accounting software (XERO) or databases then filing hard copies
- Preparing financial statements showing business income and expenditure
- Regular Bank Reconciliation
- Completing Monthly and Quarterly BAS returns
- Verifying the accuracy of business accounts and alerting the Accountant of errors
- Recording any inconsistencies to help the Accountants reconcile inaccuracies
- Developing monthly financial statements including cash flow, profit and loss and balance sheets
- Helping the Accountant with administrative duties and preparing yearly accounts
Payroll
- Maintaining payroll information for Clients by collating, calculating and Payroll data for Payroll Clients
- Generating Clients fortnightly payroll file
- Updating payroll records by entering any changes to employee information or benefits such as job title changes, exemptions and saving deductions
- Preparing reports that include summaries of earnings, tax deductions, leave, compassionate leave and non-taxable wages
- Calculating payroll liabilities by determining employee taxes, including federal and state income and social security tax, and calculating employer’s payments for social security, unemployment and worker’s compensation
- Resolving payroll discrepancies and answering any employee payroll queries
- Maintaining all payroll operations according to company policies and procedures
Systems Experience in:
- Xero and other cloud-based Payroll systems
Key Knowledge in:
- Accounting and Bookkeeping
- Australian Accounting and Tax Compliance, and Payroll compliance
- 2-3+ years experience in Australian Payroll and Bookkeeping