* Reconciliation of accounts for business entities to assist in preparation of relevant taxlodgements. Processing payroll for various entities and ensuring PAYGW, PAYGI andsuperannuation guarantee payments are made within the prescribed time frame.• Input data while performing necessary checks on tax invoices and other financial informationprovided by clients and ensuring all events in the financial year have been represented in thefinancial statements and tax return;• Processing payroll for various entities and ensuring PAYGW, PAYGI and Superannuationguarantee payments are made within the due dates;• Perform input of data while performing necessary checks on tax invoices and other financialinformation provided by clients and ensuring all events in the financial year have beenrepresented on the financial statements and included in their tax return and financialstatements;• Researching relevant taxation legislation to ensure clients are compliant with any of thestatutory laws that may apply such as capital gains tax, personal services income rules, goodsand services tax and fringe benefits tax;reparation of workpapers for manager’s approval in order to finalise annual accounts, financialstatements and activity statements. Investigating the documents provided and substantiatingclaims by client whilst following the tax office guidelines, Australian Taxation Law and otherrelevant accounting principles;• Preparation of income tax returns, financial statements and BAS statements for individuals,trusts and companies in accordance with applicable statutory laws and AASB standards;• Prepare annual tax planning document highlighting the key areas of discussions and providingclients with an optimal tax outcome within the application of tax laws;• Maintaining fixed assets register to report accurate depreciation expenses within the financialstatements and ensuring compliance with respect to general and simplified depreciation rules;

NXT Generation Accounting is a Melbourne based boutique accounting firm dedicated to providing expert business and taxation advice. Preparation and carrying out auditing on financial statements. (MYOB client accounting, MYOB classic and Xero software’s were used to prepare financial statements.)  Preparation of individual, company, trust and partnership tax returns. (Most of the clients were small and medium enterprises)  Produce taxable income summaries for family groups and group of companies. Year-end tax planning for all the group of clients. (The major roles were preparation of estimated taxable income summary, Division 7A impact, declaration of dividends, trust distribution decisions.)  Maintenance of tax agents ATO portal. (Updating client’s information, adding new clients and removable of terminated clients.)  Bookkeeping and BAS lodgment for new clients to tidy up their accounts.

Management accounting & Performance management for ACCA

Working for clients based in Australia , Providing accounting and tax services to small andmedium entities from various industries, Duties and responsibilities are:• Preparation and review of Financial Statements and work papers for sole traders, companies, partnerships and trusts.• Preparation and review of Income Tax Returns, Business Activity Statements, Installment Activity Statements and lodge them with the Australian Taxation Authority.• Liaison with the Australian Tax Office and tax payers for tax related matters such as negotiating payment plans, requesting for extension for lodgments and requesting to waive off the interest and penalty.• Reconciliation of bank accounts, trade debtors, trade creditors, inter entity balances, income tax accounts and Goods and Services Tax accounts. • Verification of whether the transactions are recorded in the correct general ledger, classification of transactions are done consistently, ensure that appropriate tax rates are used for transactions, process pay runs in a timely manner and posting year end adjustment journals.• Review of management reports for the clients for the decision making purpose.• Evaluation of individual team member’s performance.• Preparation of quotations, invoicing, revenue management, job allocation and resource planning. • Reporting to management on team capacity utilization, capacity planning and resource allocation on a daily basis.• Providing assurance reports on the accuracy of information contained in financial reports and their compliance with statutory requirements.• Maintenance of internal control systems by; updating the management on job status and time utilization on a weekly basis, Understanding accounting policies and workflow management by different client and manage the workflow efficiently.• Preparation and review of standard operating procedure manuals for different clients and ensure that client’s internal specific procedures are maintained.

- Supporting the accounts receivable team which is based in UK.- Daily Bank reconciliation and cash management report.- Issuing invoices and preparing monthly revenue report- Preparing aging reports and chasing the outstanding customers through Email.- Month end accounts clearance and GL reconciliation.

Supporting the accounts payable team by handling the GRN and service order payments,Also involved in handling standing orders and urgent payments, whilst working to strictdeadline and meeting the ISO 9001:2008 requirements.- Supplier statements reconciliation and three way matching reports- Payments booking and set off outstanding invoices.- Processing payments through online banking system and manual payments.- Managing the advance payments and month end works.