You will be accountable for workflow and ensure work is completed within strict deadlines.
Duties and Responsibilities in brief: -
Financial Reporting & Tax Compliance
- Assist in the preparation of Financial Statements for Individuals, Partnerships, Trusts, and Companies.
- Prepare Australian Income Tax Returns for various entity types.
- Support year-end and periodic compliance activities in accordance with Australian taxation requirements.
- Assist in revenue versus capital expenditure classification and related tax treatment.
BAS, IAS & Compliance
- Prepare and reconcile Business Activity Statements (BAS) and Instalment Activity Statements (IAS) on a monthly and quarterly basis.
- Support compliance reviews relating to GST, PAYG, Fringe Benefits Tax (FBT), Personal Services Income (PSI), and Division 7A.
- Assist in identifying compliance risks and ensuring adherence to Australian tax legislation.
Technical Accounting & Tax Support
- Perform General Ledger reviews and account reconciliations.
- Support Capital Gains Tax (CGT) calculations and concession assessments.
- Assist in Foreign Income reporting and Foreign Income Tax Offset (FITO) calculations.
- Conduct research on accounting and taxation matters as required.
Client & Stakeholder Management
- Communicate with clients to collect financial information and supporting documentation.
- Follow up on outstanding information requests and resolve client queries.
- Coordinate with Team Leads and Australia-based stakeholders to ensure timely completion of engagements
. Experience Required –
What is the expectation from the candidate’s current role/profile?
The ideal candidate should have working knowledge of:
- Division 7A Compliance
- Personal Services Income (PSI)
- Fringe Benefits Tax (FBT)
- GST Reconciliations and BAS/IAS Preparation
- Capital Gains Tax (CGT) Concessions and Exemptions
- Foreign Income Reporting and FITO Calculations
- Australian Individual Tax Returns
- Rental Property Taxation
- Investment Income Taxation (Dividends, Trust Distributions, Managed Funds)
- Sole Trader Businesses and Small Business Compliance
- Australian Accounting Standards and Tax Legislation
- The successful applicant must be able to work independently and/or with a team and under pressure, with good time management skills
- Demonstrate strong communication skills
What you'll bring to the team...
Qualification – B.Com + MBA/M. Com
Minimum 3+ years of experience in an Australian Accounting Practice or Offshore Accounting/Taxation Support workplace.
📌 Analyst (Hyderabad)
🏢 Hu0026R Block
📍 Hyderabad
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