Accounting Specialist
This role is responsible for the development and maintenance of financial accounting systems, coordination, and reporting on all operational cost components.
Key Responsibilities:
1. Payroll Processing & Compliance: Accurately process and manage end-to-end payroll for employees using ERP systems, ensuring timely payments and compliance with taxation laws, superannuation requirements, and relevant industrial awards.
2. Employee Lifecycle & Payroll Administration: Manage the full employee payroll lifecycle from onboarding to termination, including setting up new starters, processing salary adjustments, and handling employee pay queries promptly and professionally.
3. Financial Management: Manage multiple ERP systems such as Microsoft Dynamics, Power BI, SAP and Xero, record vendor invoices and other financial transactions, examine material costs in relation to vendor invoices and budgets, analyse the company's finances and results through ERP systems.
4. Taxation & Regulatory Compliance: Oversee payroll tax, PAYG withholding, and superannuation contributions, ensuring timely lodgement of compliance documentation with relevant authorities.
5. Manage employee entitlements, including leave calculations, redundancies, and termination payments in accordance with legal requirements.
6. General Accounting Support: Assist with accounts payable and receivable functions, bank reconciliations, and financial data analysis as required.
7. Support the finance team on ad-hoc projects and financial initiatives. Continuous focus on efficiencies and process improvement.
8. Month-End & Year-End Financial Processes: Perform month-end and year-end reconciliations, ensuring financial data accuracy and compliance with accounting standards.
9. Prepare financial reports, including profit and loss statements, balance sheets, and variance analysis. Collaborate with month end and budget/forecast process activities, prepare, monitor and adjust the annual budget.