Experienced Australian Accountants The role primarily involves: a) Preparation and finalization of accounts. b) Preparing the schedules to Balance sheet and P & L c) Preparing digital work papers d) Preparing the tax returns: e) Day-today Bookkeeping f) Filing GST returns 1) Preparation and finalization involves: a) preparation of financial statements and tax returns as part of the year end finalization work. b) reviewing the books of account and ensuring that the books of account are correct. c) Where the bookkeeping has already been done, the books of account may require closure and rectifications. As part of such closure and rectification, you need to: - Perform bank reconciliations - Perform debtor and creditors reconciliation - Finalise depreciation and fixed asset schedule - Analysis clients source documents with the books of account / General Ledger. - Reconciliation of GST - GL analysis and Review - Preparation of Work paper - Preparation of Tax Returns g) Tax Returns - Preparation of Tax Returns for Companies, Trust, Partnership and Individuals. - Understanding the nature of income and their taxability - Analysis of clients source documents - Analysis in respect of Allowances and deductions - Preparation of workpapers in case of capital gains calculation. h) Business Activity Statement - Preparation of GST return or GST activity statement on a quarterly basis. - Analyse if GST taken is correct. I.s GST is taken only on eligible items and not on ineligible items. - Includes analysis of payroll details and other eligible tax credits. - Variation of PAYG Instalments based on the profit/loss position of the company. i) Fringe Benefit Tax Return - Preparation of FBT returns on an annual basis. - Analyze the ledger to identify transactions which attract fringe benefit rules. - Understanding of the rules and computing the fringe benefit tax j) Book-keeping Team: Involves day-today bookkeeping function of clients for our clients in Australia and other regions. It is a typical bookkeeping function involving: i) Banking o Bank coding-based bank feed imports o Bank reconciliation on regular interval basis o Processing of vendor payments ii) Accounts Receivable / Accounts Payable modules o Creating invoices through module o Adjusting the bank payments and receipts o Creating Debtor / Supplier accounts o Raising Debit / Credit notes iii) Payroll modules o Pay run at regular intervals where data are maintained in the software itself o Payroll data not maintained in bookkeeping software obtain timesheet, pay structure from the client and process the payroll in compliance with relevant regulations. o Payroll Module Creation o Creating employee in the module o Updating details of employees including the bank details. iv) Preparation of GST return or business activity statement for bookkeeping jobs on a monthly / quarterly basis depending upon the business requirements. v) Preparation of Management reports at regular intervals depending upon the client requirements. k) Strong Communication skills are required to liaise with the client. l) Flexibility and Team Management skills are expected for proper flow of work. m) Jobs allocated to Individual is his/her responsibility with guidance / independent reporting required based on the Role. n) Attention to details and seamless communication are expected for proper flow of work. o) Complete the tasks/jobs within the allocated budget timings and ensure quality deliverables.
Job Description Head, Finance Centre of Excellence (CoE) - Chennai Position Summary: We are seeking a seasoned finance professional to set up and lead the Finance Centre of Excellence (CoE). The role involves centralising, standardising, and optimising finance and accounts operations across the organisation. The incumbent will act as a strategic leader and hands-on driver to build a scalable, efficient, and compliant CoE that enables better governance, accuracy, and transparency in financial operations. Key Responsibilities: CoE Setup & Leadership Establish and lead the Finance CoE, setting up the operating model, governance framework, and performance metrics. Drive centralisation of identified processes to achieve standardisation, efficiency, and cost optimisation. Build and mentor a team to deliver high-quality finance operations. Finance Operations to be Transitioned & Managed (indicative) Service Charge Billing & Reimbursement Billing Invoice revisions & issuance of credit notes Receipt & reconciliation of invoices against payment advice Resolving invoice disputes with Operations teams Unbilled revenue tracking & clearance Client advance tracking, adjustment & monitoring 26AS reconciliation and client ledger reconciliation Client balance confirmation ; issuance of No Due Certificates Employee advance disbursement & settlement Operations expenses processing, monitoring & control Online payment of statutory fees & contributions Vendor registration form support Accounting & Reconciliations Bank reconciliations (BRS) and closure of open items Such other relevant processes as may be deemed necessary to be transitioned and managed Process Excellence & Optimisation Define and enforce standard operating procedures (SOPs) across all finance activities. Automate repetitive processes and drive adoption of digital tools for efficiency. Ensure strong internal controls and compliance with regulatory requirements. Identify opportunities for cost savings, process optimisation, and risk mitigation. Partner with business leaders, auditors, and external stakeholders to ensure smooth operations. Drive change management initiatives and foster a culture of continuous improvement. Desired Candidate Profile: Chartered Accountant (CA), Cost Accountant (ICWA), MBA (Finance), or equivalent qualification. 12-18 years of progressive experience in Finance & Accounts, with at least 5+ years in leadership role. Strong exposure to setting up or managing shared services/finance CoEs/GCCs preferred. Demonstrated experience in driving centralisation, process standardisation, and automation initiatives. Strong leadership, team-building, and change management skills. Expertise in finance operations, compliance, and statutory requirements. Excellent analytical and problem-solving ability with a process-oriented mindset. Proven track record of managing cross-functional stakeholders. High proficiency in ERP systems, MS Excel, and financial reporting tools. Strong communication and influencing skills.
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