Accounting Trainee

3 months ago

Melbourne, Australia Ace Accounting Solutions Full time

About the Job

Job Title
Accounting Trainee
Job Purpose
This internship program is ideal for accounting students, recent graduates, or those looking to upskill in a cloud-based accounting software. You'll gain practical skills that are highly valued by Australian employers.
Job Requirements
• Basic accounting knowledge
• Strong attention to detail and accuracy
• Eagerness to learn and problem-solve
• Strong analytical skills
• Experience with accounting software
• Understanding of finance principles
• Excellent communication skills
• Ability to work independently and remotely
Job Location
Remote
Your learnings
• Set up and customize a Xero dashboard
• Manage chart of accounts and handle invoice imports
• Set up bank accounts, reconcile transactions, and use bank rules
• Manage business contacts and customize invoice settings
• Create and track purchase orders and supplier bills
• Generate and analyse financial reports
• Manage client projects, including time tracking and profitability analysis
• Process expense claims using Xero Expense
• Set up and manage fixed assets, including depreciation
• Make manual journal adjustments and export data
• Set up Xero Payroll, including pay items, leave, and superannuation
• Manage employee details and process payroll
• Implement Single Touch Payroll (STP) as per ATO requirements
• Handle termination payments and run payroll reports
• Set up automated superannuation payments
• Oversee Accounts Payable & Accounts Receivable to record payment and income
• Process Payroll for a large number of employees and calculate their leaves based on fixed calculation methods, manual methods, and ordinary earnings methods, and also process their superannuation.
• Assist in Business Activity Statement (BAS) and calculate GST, PAYG, and FBT.
• Prepare cost centre analysis reports with the help of pivot tables and offer recommendations to improve.
• Work on Fixed Assets Register (FAR) in Excel and XERO, and run depreciation on those assets.
• Process Inventory for the business and help in year-end stock-take and adjustments.
Who Can Benefit
• International students or graduates in accounting or finance seeking greater industry exposure.
• Clerks or office administrators aiming to advance their careers.
• Graduates returning to accounting after a hiatus or transition from another field.
• Non-accounting/finance graduates looking to transition into accounting careers.

About Ace Accounting Solutions
Ace Accounting Solutions is an Australian Accounting services company with leading capabilities in digital and cloud accounting tools. At Ace Accounting Solutions, we provide reliable and affordable accounting services tailored to business’s needs. Based in Australia, our mission is to deliver top-notch financial solutions that empower businesses to achieve their goals. Our services include accounting, tax planning, business advisory, and payroll management, all designed to enhance your financial efficiency. Our dedicated team of experienced professionals is committed to maintaining the highest standards of integrity and expertise. Choose us for a client-centric approach, innovative solutions, and a proven track record of success.

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