Accounting & Finance Specialist
Job Summary
The Finance Associate will manage financial statements, oversee financial reporting, and ensure compliance with GST regulations. The role involves conducting financial analysis and preparing necessary documentation for tax and audit purposes. Additionally, the position provides office administration support to facilitate smooth business operations.
Responsibilities
- Prepare monthly balance sheets and P&L statements
- Monitor cash flow and process payments
- Coordinate audits and ensure regulatory compliance
- Manage GST filings and corporate tax schedules
- Provide general office administrative support
Required Skills
- Diploma in Finance or Accounting
- 3 years of relevant experience
- Proficiency in MS Excel (VLOOKUP, Pivot Table)
- Experience with accounting software (MYOB, U8)
- Understanding of bank transactions and reconciliation
Job Details
Key Responsibilities:
- Preparation of monthly balance sheets, profit and loss statements, and other financial reports.
- Ensure all financial transactions are accurately recorded in the accounting system in a timely manner.
- Monitor daily bank balances and assist in the preparation of weekly cash flow updates and payment processing.
- Assist in the coordination of audits and ensure compliance with accounting standards and regulations.
- Support the preparation of documents for GST filing and corporate tax schedules.
- Assist in maintaining a proper filing system for all financial records and support ad-hoc administrative or project tasks as required.
- Assist in preparing draft responses to queries from bankers, auditors, or counterparties.
- Comply with established financial policies, procedures, and internal controls to ensure data integrity.
- Consistently stay abreast with industry trends, regulations, and best practices in finance.
Qualifications and Requirements:
- Diploma in Finance, Accounting, or a related field.
- 3 years of working experience in finance, accounting, or data entry roles.
- Prior experience working in an audit firm is preferred.
- Familiar with accounting software (e.g., MYOB, U8) and Microsoft Excel (VLOOKUP, Pivot Table).
- Basic understanding of bank transactions, TT payments, and reconciliation processes.
- Coordination with internal departments and external parties (banks, vendors).