Australian Tax Accountant

Job Description :

Job Summary

We are seeking a knowledgeable and detail-oriented Australian Tax Accountant with strong expertise in Australian taxation, compliance, and accounting. The ideal candidate will have hands-on experience preparing and reviewing tax returns for various entity types, advising business owners, and managing client relationships. This role requires in-depth knowledge of Australian tax legislation, Div 7A, FBT, CGT, GST, and accounting software while working closely with Australian accounting firms and business clients.

Key Responsibilities

Australian Tax & Compliance

• Prepare and review Australian tax returns for Individuals, Sole Traders, Partnerships, Companies, Trusts, and SMSFs (where applicable).
• Ensure compliance with ATO regulations, tax lodgement deadlines, and reporting requirements.
• Advise clients on Australian taxation matters and provide practical tax solutions.

Technical Tax Advisory

• Apply comprehensive knowledge of Division 7A, including distributable surplus calculations, loan repayments, complying loan agreements, and loan conversion dates.
• Review and maintain Franking Credit Accounts, benchmark interest rates, and dividend debit/credit adjustments.
• Ensure compliance with the 3-Month Rule for franking credits.
• Handle Personal Services Income (PSI) rules, attribution principles, entity maintenance deductions, and income from personal exertion.
• Advise on Capital Gains Tax (CGT), Small Business CGT Concessions, and income tax deductions.
• Manage GST compliance, including GST on food, simplified GST accounting methods, changes in creditable purpose, and BAS preparation.
• Provide guidance on Fringe Benefits Tax (FBT), including car benefits, entertainment expenses, minor benefits exemptions, and other FBT obligations.

Client Management

• Liaise directly with Australian business owners, accounting firms, and stakeholders.
• Respond to client queries and provide timely tax advice and compliance support.
• Build long-term client relationships through professional service and effective communication.

Accounting & Financial Reporting

• Review financial statements and ensure tax compliance aligns with accounting records.
• Prepare working papers, reconciliations, and supporting documentation for tax engagements.
• Coordinate with internal teams to ensure timely completion of client deliverables.

Required Skills

• Australian Taxation
• Division 7A Compliance
• Franking Credit Accounts
• Dividend Taxation
• Fringe Benefits Tax (FBT)
• Capital Gains Tax (CGT)
• Small Business CGT Concessions
• Goods & Services Tax (GST)
• BAS Preparation
• Personal Services Income (PSI)
• Income Tax Compliance
• Tax Planning & Advisory
• Financial Statement Review
• Client Relationship Management
• Strong Analytical & Problem-Solving Skills
• Excellent Communication & Time Management

Technical Skills

• Xero
• MYOB
• QuickBooks
• Reckon
• Microsoft Excel
• Australian Tax and Accounting Software

Qualifications

• Bachelor's or Master's Degree in Accounting, Commerce, Finance, or a related field.
• CA, CPA Australia, ACCA, or equivalent qualification will be an added advantage.

Experience

• Minimum 3–6+ years of experience in Australian Taxation and Accounting.
• Experience working with Australian accounting firms, outsourcing companies, or business advisory firms is highly preferred.

Preferred Candidate Profile

• Strong understanding of Australian tax legislation and ATO compliance requirements.
• Ability to manage multiple client engagements independently.
• Excellent verbal and written English communication skills.
• Detail-oriented with strong analytical and client management abilities.
• Comfortable working in a fast-paced, client-focused environment.

Salary : 15 Lpa

Experience : 7 - 8

Timing : 08:00 AM - 5:00 PM

Working Shift : Day Shift (Onsite)

Job Type : Full Time

Category : Australian Accounting

Salary : Best in industry

Skills : Excellent Communication,Australian Accounting,Australian Taxation

Keywords : Australian Tax Accountant, Australian Taxation, Division 7A, Div 7A, Franking Credits, Franking Account,

Interested candidates kindly share your resume on [email protected] or WhatsApp on 7486028364