The Bookkeeping personnel are accountable for maintaining all accounting systems and functions to provide a timely and accurate record of financial transactions and status.

Accounting Systems

Ensure the financial transactions are consistent with statutory requirements and client’s objectives by maintaining and/or setting up all accounting systems and records and making recommendations for improvement where appropriate.

Monthly Reports & Statements

Contribute to the financial management of the client’s affairs by the timely and accurate production of all monthly reports, including bank reconciliations, trial balances, IAS and other financial statements required, and by identifying areas for management attention and action.

Cash Flow

Ensure the client maintains its budgeted cash flow by the accurate and timely payment of all accounts due, invoicing of accounts receivable, maintenance of all cash books and daily banking of cheques and cash received.

Debt Recovery

Ensure minimisation of bad debts by maintaining the client’s trading terms and debtor policies and procedures and by following up all accounts outside the established trading terms.

Employee Wages & Benefits Administration

Ensure the accurate and timely payment of wages and superannuation payments and employee records by maintaining all salary and wage records, preparing and paying staff wages and superannuation payments and maintenance of all leave and related records for staff.

Taxation & Statutory Reports

Ensure compliance with all legal and statutory requirements by the timely and accurate preparation and submission of all statutory statements and reports, including GST Business Activity Statements and Instalment Activity Statements, employee group taxation, and returns to ASIC, ATO and APRA.

Assistance to Client

Contribute to the sound financial management by providing specialist advice and guidance by keeping the client informed of significant issues related to the current or future financial management.

Communication

Liaise and effectively communicate with external parties e.g. accountants, auditors.