SMSF Accounting

Job Description

Job Title: SMSF Accountant Location: Vadodara Job Timings: 7:30 AM to 4:30 PM (Monday to Saturday) Week Offs: 1st, 3rd, and 5th Saturday off Salary: Negotiable (commensurate with experience and skills) Key Responsibilities: Prepare financial statements and tax returns for Self-Managed Superannuation Funds (SMSFs) in accordance with the SIS Act and Income Tax Act of Australia. Audit SMSF financial statements to ensure compliance with regulatory requirements and prepare audit reports and necessary correspondence. Prepare and submit written reports to the ATO for any identified contraventions of the SIS Act that may impact members' or beneficiaries interests. Provide trustees with audit finalization reports and management letters highlighting audit findings, actions taken/proposed, and any identified weaknesses in administrative systems or procedures. Prepare Business Activity Statements (GST returns) for clients. Conduct technical research on complex tax and compliance matters. Handle all aspects of client engagement, including compliance, tax planning, and advisory services. Advise clients on SMSF administration and operational matters, such as fund establishment, trustee/member changes, and asset valuation. Provide guidance on compliance with in-house asset rules and contribution limits, especially in response to changes in superannuation guarantee levels. Process rollovers or transfers into or out of SMSFs following client decisions. Liaise with regulatory authorities such as the ATO, ASIC, and OSR regarding taxation, audits, and SMSF-related matters. Educational Qualifications & Skills: Inter CA, CMA Inter, or CMA Final (not pursuing further studies), ACCA (Part qualified) or any equivalent accounting qualification with relevant work experience. B.Com or M.Com candidates with relevant SMSF experience are also encouraged to apply. Strong analytical, organizational, and problem-solving skills. Good to average communication skills. Experience Required: Minimum 1 year of experience in SMSF accounting. Proven experience in accounting, audit, and taxation, preferably with exposure to Australian tax laws.