orangeiq

Australian Accounting – SMSF

Ahmedabad
December 13, 2023
Apply Now
Deadline date:

Job Description

No. of Openings : 08+

Required Experience : 1 year+

Timings – 07:30 AM to 04:30 PM (Including 01 hour of lunch – lunch is provided by company)

Location – Ahmedabad (Work From Office)

05 Days Working

Roles & Responsibilities:

– Prepare financial statements and reports for SMSFs in accordance with relevant accounting standards and regulations.

– Manage the end-to-end accounting process for SMSFs, including transaction recording, reconciliations, and financial statement preparation. Ensure timely and accurate lodgment of SMSF annual returns and activity statements.

– Monitor contribution limits, pension calculations, and other SMSF compliance requirements.

– Collaborate with clients to gather necessary documentation and information for SMSF accounting and compliance. Assist clients in understanding their SMSF financial statements, compliance obligations, and taxation implications.

– Prepare and review SMSF taxation calculations, ensuring accurate reporting of income, deductions, and capital gains. Advise clients on tax planning strategies within the SMSF framework.

– Stay updated on the latest changes in superannuation and SMSF regulations, ensuring compliance with legislative requirements. Interpret and apply changes in tax laws and regulations that impact SMSFs.

– Maintain accurate and organized records of all SMSF transactions, correspondence, and financial documents. Utilize accounting software and tools proficiently to manage SMSF financial data.

Qualifications and Skills:

– Bachelor’s degree in Accounting, Finance, or a related field.

– Professional accounting qualification such as CPA or CA is highly desirable.

– Solid experience in SMSF accounting and compliance, with a deep understanding of relevant legislation.

– Strong knowledge of Australian Accounting Standards, Taxation Laws, and Superannuation regulations.

– Proficiency in using accounting software such as Xero, MYOB, BGL 360 or Class Super.

– Excellent attention to detail and accuracy in financial reporting.

– Effective communication skills to interact with clients and team members.

– Problem-solving abilities and the capacity to adapt to changing regulations.