About the Role
Accurately record day-to-day financial transactions using Xero accounting software, ensuring that the general ledger and subledgers are updated in real time.
Manage the full accounts payable and receivable process, including entering supplier invoices, issuing customer invoices, reconciling statements, and following up on outstanding balances.
Record all payroll-related transactions in Xero, including wages, superannuation contributions, tax withholdings, and employee entitlements.
Perform weekly stock reconciliations to ensure inventory records match physical stock and accounting entries.
Perform daily bank reconciliations.
Prepare quarterly tax reconciliations for BAS (Business Activity Statement).
Review and verify landed cost calculations during the process of adding new inventory items into the system, ensuring accurate cost allocations including freight, duties, and other import-related expenses.
Ensure inventory valuation is accurate and aligned with business accounting practices and internal controls.
Support in executing month-end and year-end closing activities, including preparing journal entries, reconciling ledger accounts, and generating financial reports.
Ensure all transactions for the period are complete and accurate to facilitate timely financial reporting.
Generate various management reports and financial summaries based on client or management requirements, providing insight into cash flow, profit margins, expense trends, and other key financial metrics.
Assist in preparing ad hoc financial analysis to support business decision-making, and cashflow forecasting.
