Educational requirements: Bachelor
English requirements: Competent English
Requirements for skilled employment experience for years: 0-1 year
Required residence status: Temporary visa
Accept remote work: unacceptable
Location: Sydney CBD
Length: 3 Days/week up to 12 weeks, exceptional candidates may be offered FT/PT job earlier
Duration: Feb 2023 – Apr 2023 with possible PT/CAS roles upon successful completion
Successful candidate may be rewarded with additional paid work during the internship period.
Position & Areas Of Practice: Tax Accounting (Individual and SMEs)
Remuneration: Travel Allowance
About us:
Our firm is an exciting fast-growing boutique Tax and Advisory firm. We specialise in individual and small to medium businesses, and proudly operate in the Sydney CBD.
Our firm is renowned for the expertise, professionalism and committed service we provide. As a result of continued growth, we are excited to welcome new team members.
Training Programs:
(courses and training materials are available during with the internship program. You are expected to complete and pass homework and exams)
• Stage 1 - tax return basics for individual
o Income Tax basics including investment properties
o GST, BAS, IAS & PAYG
o Capital Gains Tax
o Business tax for sole traders and partnerships
• Stage 2 - tax return basics for business
o company tax basics
o SME concessions
o Preparation of financial statements
• Accounting practice administration
• Use of professional software such as HandiTax, XERO, MYOB and Excel
Stage 2 is only available for candidates who successfully passed stage 1 exam with an 80% result or higher.
Exposure areas:
(You should have basic knowledge of the tax from tertiary studies or experience)
• Preparing tax statements, financial statements and BAS statements at required intervals
• Creating and returning statements and documents to clients by set deadlines
• Liaising with clients, the Australian Taxation Office (ATO) and other regulatory bodies when required
• Preparing income tax returns and activity statements
• Engaging regularly with clients and maintaining strong relationships
• Assisting managing emails and correspondence from clients
• Regularly reviewing systems and making updates and improvements where necessary
• Identifying areas where clients and businesses can reduce tax, make claims and increase profit
• Possessing strong knowledge of tax law and statutory regulations
• Understanding financial landscape and market trends
• Using professional accounting software and advanced Excel skills
What you will gain:
• Valuable experience in busy public accounting firm
• Opportunity to work in a fast-paced environment and train for accounting skills.
• A professional reference letter/letter of recommendation from the company.
• Get a chance to have insights on working with a well-established Australian firm.
• Learn to prepare income tax returns, financial statements and BAS.
• Train to be proficient in various accounting software such as HandiSoft, Reckon, MYOB and XERO.
• Learn to process individual, company, trust and SMSF tax returns etc.
• Opportunity to casual / part time employee upon completion of your programme.
Note:
• Beneficial in university credits
• Proficient English communication skills are essential
• International student visa holder also eligible to apply for this position
• No Internship cost applies, we are not agent
