H&R Block

Tax preparation and filing services

Analyst

Tax AccountingConfirmed live in the last 24 hours

Full-timeHyderabad, Telangana, IndiaNo salary listedIn-person

Working knowledge of Division 7A compliance, Personal Services Income, Fringe Benefits Tax, Goods and Services Tax reconciliations, Business Activity Statement and Instalment Activity Statement preparation, Capital Gains Tax concessions and exemptions, foreign income reporting and Foreign Income Tax Offset calculations, Australian individual tax returns, rental property taxation, investment income taxation, sole trader businesses and small business compliance, Australian Accounting Standards, and tax legislation.
Ability to work independently and/or with a team and under pressure, with good time management skills.
Strong communication skills.
Bachelor of Commerce and MBA or Master of Commerce.
At least 3 years of experience in an Australian accounting practice or offshore accounting/taxation support environment.

Be accountable for workflow and ensure work is completed within strict deadlines.
Assist in preparing 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 classifying revenue versus capital expenditure and determining related tax treatment.
Prepare and reconcile Business Activity Statements and Instalment Activity Statements monthly and quarterly.
Support compliance reviews relating to Goods and Services Tax, Pay As You Go, Fringe Benefits Tax, Personal Services Income, and Division 7A.
Assist in identifying compliance risks and ensuring adherence to Australian tax legislation.
Perform general ledger reviews and account reconciliations.
Support Capital Gains Tax calculations and concession assessments.
Assist with foreign income reporting and Foreign Income Tax Offset calculations.
Research accounting and taxation matters as required.
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.

What you'll do...

What roles and responsibilities:

What will you be doing? –

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 environment.