Senior Financial Accountant

1 week ago

Australia Russell Kennedy Lawyers Full time

About the Role

Russell Kennedy Lawyers is seeking a highly skilled and experienced Senior Financial Accountant to join our Finance team in Melbourne. This newly created role will play a crucial role in supporting the financial operations of the firm.

Key Responsibilities

  • Complete monthly reconciliations of all Balance Sheet items in a timely and accurate manner.
  • Prepare monthly Financial Reports.
  • Process month/year end system closure.
  • Maintain WIP & Debt provision.
  • Prepare journals for payroll, payroll tax, etc.
  • Complete monthly salaries vs budget comparison.
  • Prepare half yearly bank covenant.
  • Complete yearly Workcover renewal.
  • Review allocation of expenses and make reallocations where necessary.
  • Monitor and manage daily cashflow reporting.
  • Review daily and monthly bank reconciliations.

Statutory Reporting

  • Ensure that accounting treatments are in accordance with accounting standard requirements.
  • Manage and prepare the annual financial accounts in conjunction with the external accountants.
  • Timely completion of financial statements and tax returns as set by Director of Finance and external accountants.
  • Coordinate the timely completion of all statutory and compliance related returns (eg, GST, FBT, PAYG, Payroll Tax, Workcover).
  • Prepare Principal's payments.
  • Reconcile and maintain current accounts.
  • Reconcile Principal's leave entitlements.
  • Acts as a mentor and positive role model to accounts team.
  • Handles complex finance related queries from internal staff if necessary.

Processes and Controls

  • Assist in the development and establishment of processes and controls, to ensure accuracy of data collected.
  • Look to develop efficiencies in processes within the finance department and team members.

Other

  • Assist in the monthly management reports as required.
  • Assists with Finance related projects.
  • Assist in the preparation of annual budgets and monthly forecasts.
  • Other reasonable duties as directed by the Director of Finance or Finance Manager.
  • Maintains cyber security at all times. Cultivate an awareness of security risks, stay informed of latest cyber threats, instil best cybersecurity practices and take practical steps to protect the firm and client from cyberattacks.

Requirements

  • CA or CPA qualified.
  • Tertiary studies in accounting.
  • Preparation of statutory accounts.
  • Account reconciliations experience and strong attention to detail and accuracy.
  • Tax compliance exposure and up to date knowledge of accounting practices and procedures.
  • Strong computer literacy skills, advanced excel spreadsheet knowledge.
  • Comprehensive understanding of trust requirements, payroll tax, superannuation and other business tax requirements.
  • Management and supervisory skills (preferred).

About Us

Russell Kennedy Lawyers is a commercial law firm with more than 320 people in Melbourne and Sydney. We are committed to providing exceptional legal strategies and solutions to our clients, guided by market-leading expertise across our key sectors of focus.

We encourage a professional and committed work ethic, while recognising the importance of an enjoyable working environment and balanced lifestyle. We believe we have a culture where individuals of all backgrounds and abilities feel included and confident in bringing their whole selves to work, and where your talents are fostered, empowering you to contribute to the success of the firm.

We are proud to be an equal opportunity employer and are certified as a WGEA Employer of Choice for Gender Equality, as well as being certified as a gold employer in the Australian Workplace Equality Index for employers with 500 or less employees. We respect and celebrate the things that make each of us different. The firm supports and promotes a range of initiatives to create an environment that is characterised by equal access and respected participation of all groups and individuals.

We are committed to attracting and retaining the best talent available. We acknowledge the importance of work-life balance, all current and prospective employees have access to flexible work options and workplace adjustments including alternate accessible formats, where required.

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