Rowville, Victoria, Australia
Understanding and assisted in • Preparation of BAS • Payroll processing and submission with ATO • Preparation and review of income tax returns for various entities and individual tax returns • Finalising financial accounts
GST Compliance • Preparation and filing of monthly/annual GST returns • Review of GST returns • Completing GST Audits by coordinating with relevant GST authorities
Cost Accounting & Financial Analysis for Clients • Collaborated with finance and operations teams to analyze material usage, labor, and WIP variances. • Worked closely with HR to reconcile headcount and ensure accurate labor cost reporting. • Partnered with production to assess overhead recovery and product output efficiency. • Supported finance team during month-end close with inventory adjustments and reporting tasks. GST Implementation projects and Compliance • Preparation of GST impact assessment reports • Preparation of implementation plan and ‘As Is’ and ‘To Be’ process mapping. • Review of vendors and customer contracts from GST perspective and suggesting change in tax clauses • Analysis of various agreements and transactions • Interpreting provisions of GST law and drafting detailed opinions for tax positions under GST • Implementation of PwC E-waybill Solution tool Other Indirect Taxes • Assisted in various SVB assignments from working out calculation to preparation of submission to Customs authorities Statutory Audit • Worked in Audit and Assurance line and conducted Statutory Audits, Limited reviews, Physical Stock Takes and Physical verification of Fixed Assets of private as well as public companies and institutions in primarily involved in manufacturing industry. • Performed risk assessment procedure such as understanding business of the client, identification of major business operation, inherent and fraud risk and identification of material account balances, class of transactions and disclosures