Management Accountant (Australia Focus) - Remote (Bengaluru)

Management Accountant (Australia Focus) - Remote (Bengaluru)

02 Oct
|
Minutes To Seconds Karnataka
|
Bengaluru

02 Oct

Minutes To Seconds Karnataka

Bengaluru

Job_Description":"

**Position: Management Accountant

**Employment Type: Part-Time or Full-Time

**Industry: Managed Services Provider (MSP) / IT Services

**Reporting To: Managing Director / Finance Director

**Location: Flexible / As Applicable

About the Role

We are seeking an experienced **Management Accountant to take ownership of financial planning, management reporting, cash-flow management, budgeting and financial controls within a growing IT services and Managed Services Provider (MSP) business.

This is a hands-on commercial finance role. The successful candidate will provide management with accurate financial information, forecasts and analysis to support better business decisions, while ensuring appropriate financial controls and compliance with Australian accounting and taxation requirements.

Previous experience working in an Australian business is mandatory. Candidates must have a practical understanding of the Australian taxation and regulatory environment, including GST, BAS, PAYG, superannuation and company tax requirements .

**Previous experience working within an MSP or IT services business is also mandatory.

The position can be structured as either **part time or full-time , depending on the experience and availability of the successful candidate.

Key Responsibilities

Cash Flow Management Forecasting

- Prepare and maintain short-term and long-term cash-flow forecasts.
- Monitor actual cash position against forecasts.
- Identify upcoming cash-flow requirements and potential shortfalls.
- Monitor customer receipts, supplier payments, payroll and other major cash movements.
- Develop rolling 13-week cash-flow forecasts where appropriate.
- Provide management with visibility of expected cash position and working-capital requirements.
- **Recommend actions to improve cash conversion and working capital. Budgeting Financial Planning
- Lead the annual budgeting and periodic forecasting process.
- Prepare revenue, expense, payroll and cash-flow budgets.
- Develop monthly and quarterly forecasts.
- Compare actual financial performance against budget and forecast.
- Analyse and explain significant variances.




- Work with management to develop realistic revenue and cost assumptions.
- Prepare scenario and sensitivity analysis to support business decisions. Management Reporting
- Prepare accurate and timely monthly management accounts.
- Produce Profit Loss, Balance Sheet and Cash Flow reporting.
- Develop management dashboards and financial KPI reports.
- Provide monthly budget-versus-actual analysis.
- Analyse revenue, gross margin, operating expenses and profitability.
- Identify financial trends, risks and opportunities.
- **Present financial results and key insights to management in a clear, commercially focused manner. MSP IT Services Financial Analysis
- Analyse profitability by customer, contract, project and service line .
- Monitor recurring revenue and managed-service contract performance.
- Analyse Monthly Recurring Revenue (MRR) and other recurring revenue streams.
- Review customer contract margins and identify low-margin or loss-making accounts.
- Analyse labour utilisation and employee/contractor costs against customer revenue.

- Monitor software licensing, cloud, hardware and third-party supplier costs.
- Analyse project profitability, including actual costs against quoted or budgeted costs.
- Support pricing decisions for managed services, professional services and project work.

- Review customer billing against contracts, statements of work and recurring service agreements.
- ****Assist management in understanding customer lifetime value, margins and revenue concentration.

Financial Controls

- Develop, implement and maintain appropriate financial policies and controls.
- Review Accounts Payable and Accounts Receivable processes.
- Ensure appropriate approval processes for purchases and payments.
- Review bank and balance-sheet reconciliations.
- Monitor aged receivables and overdue customer accounts.




- Establish controls around supplier payments, expenses, credit cards and purchasing.
- Review revenue recognition and customer billing processes.
- Identify weaknesses in existing financial processes and recommend improvements.
- Ensure appropriate segregation of duties and financial approval authorities. Australian Tax Compliance The successful candidate must have practical experience working within the **Australian financial and taxation environment .

Responsibilities will include

- Overseeing accurate GST treatment of transactions.
- Reviewing and supporting preparation of Business Activity Statements (BAS) .
- Understanding PAYG withholding and payroll-related obligations.
- Understanding Australian superannuation requirements.
- Supporting company income-tax preparation in conjunction with external accountants/tax advisers.
- Maintaining appropriate financial records and supporting documentation.
- Assisting with year-end financial accounts and audit/accountant requirements.
- **Liaising with external accountants, tax advisers and other professional advisers as required. The Management Accountant will not necessarily be expected to provide regulated tax-agent services but must have sufficient Australian tax knowledge to ensure the companys day-to-day financial processes are correctly managed.

Working Capital Management

- Monitor Accounts Receivable and Accounts Payable positions.
- Review debtor ageing and collection performance.
- Develop strategies to improve debtor collection and cash conversion.
- Monitor supplier payment terms.
- Assist management with decisions regarding payment timing and working-capital requirements.
- Monitor customer credit exposure where appropriate. Systems Process Improvement
- Maintain and improve financial processes and reporting systems.
- Improve automation of financial reporting wherever practical.****

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Management Accountant (Australia Focus) - Remote (Bengaluru)
🏢 Minutes To Seconds Karnataka
📍 Bengaluru

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