Financial Accountant (WFH) | Work from Home

We’re Hiring: Financial Accountant (WFH)!

Looking for a role that fosters collaboration, creativity and career growth in a vibrant office environment? We got you covered!

Attach this together with your updated CV to become a priority applicant!

Schedule: Morning Shift

Job Description:

The company owns and operates several learn-to-swim schools across Sydney.

As a result of recent expansion an Assistant Financial Accountant is now required to support the Financial Controller in the maintenance of the general ledger, month end reporting and compliance matters.

This role works closely with the administrative support staff and the CEO.

Currently some of the duties of this role are being completed by part-time outsourced service providers.

Responsibilities

• Process all invoices in Approvalmax / Xero up to month end (using master coding sheet)
• Ensure any invoices received after cut off are dated 1st next month and make note in description of actual invoice date.
• Email all queries to Aquabliss team promptly and request response by Calendar Day 6 at the latest
• Check P & L - must have NO ENTRIES in the "Unassigned" Tracking Category
• Run BS for each business unit and make sure nothing in Udio or Kounta clearing accounts
• Reconcile all bank accounts and 1 Weel account (Includes allocation of center revenue from Merchant Warrior)
• Kounta/Lightspeed clearing account reconciliation
• Payroll tax allocation journal
• Workers comp allocation journal
• Udio revenue (from Udio AB Payments by Program report) journal
• Cost of goods sold journal (from Lightspeed)
• Updating booking charts from Udio into excel (charts update automatically)
• Check ApprovalMax - Rejected invoices and make corrections in XERO ASAP
• Confirm that bookkeeping for month is complete and ready for review
• Run AB Program report which should is agreed to Payments List and reconcile
• Chase up any Area Managers if banking is not complete by Day 6
• Check ApprovalMax for any invoices dated this month - chase approver to approval before locking period and commencing work
• Lock period in Xero to last day of prior month to prevent additional invoices or entries during review.
• Run P & L for the month and compare business units to ensure nothing in "Unassigned".
• Run BS for each business unit and make sure nothing in Udio or Kounta clearing accounts in "Unassigned".
• Check bank recs in Xero
• Check Kounta clearing account recs
• Reconcile Udio Sales Clearing Account (from Merchant Warrior and Udio reporting)
• Reconcile prepayments
• Reconcile employee loan receivable
• Reconcile PAYG and GST balances to recently lodged BAS and IAS
• Reconcile payrolls payable (payroll clearing, super, payroll tax)
• Roll over accruals workpaper, review and journal any new accruals, reverse accruals no longer required
• Finalize accruals reconciliation workpaper, making sure balance agrees per business unit and to overall balance sheet
• Reconcile accrued income, check/create adjusting journals for pool hire income
• Calculate and accrue monthly interest charge and undrawn commitment fee on loans
• Reconcile loan balances
• Review revenue and expenses to prior months and review for consistency. If something is materially different, investigate potential coding errors and make corrections.
• Overall revenue
• check to AB Program report in SP
• should be in line with movement to prior month, eg.

• Sale of Merchandise - check that COGS is roughly 50% of revenue. If not, investigate COGS report from Lightspeed (should be saved in SP by W Advisory)
• Employee costs - check for reasonableness, accrue payroll to month end date.
• Employee overheads - ensure payroll tax and workers comp looks reasonable compared to prior month and compared to wages expense for the month.
• Accrue long service leave and annual provisions
• Check Bonus is being accrued into each center
• Check super looks reasonable (12% of wages)
• Occupancy - check reasonableness and journal any prepayment/accrual depending on when the landlord is dating their invoice
• Occupancy - check reasonableness of energy charges and accrue monthly charge if required
• Corporate - check all costs are consistent to prior months, reasonable
• Admin - check all costs are consistent to prior months, reasonable
• Finance - check all costs are consistent to prior months, reasonable
• Corporate Cost Centre - check director's fees correctly accrued
• Lock the month from further changes
• Update AQB Manager Reports - "FY24 Centre Revenue and Expense Budget" workbook for revenue, wages and repairs
• Review booking charts - "Bookings Budget and Graphs FY24" (check agrees to Udio booking statistics reports)
• Complete "Consolidated Revenue and EBITDA Report" saved in Reporting Folder in relevant month end folder
• Send variance analysis to FC for review
• Prepare final reports

• Loan reporting, management report, key financials, covenant certificate and calculations, including results vs budget, cash flow variations, payments to holding company & tax liabilities.

• Financial statements

• Audited financial statements
• Annual budget, 2 years, inc PL, BS, Cashflow, due 30 days before start of year Part

Qualifications and requirements:

• Bachelor's degree in Accounting or any related field
• 2-3 years of AU accounting experience
• Proficiency in accounting software such as Xero

Non-negotiable skills and requirements:

• Bachelor’s degree in Accounting, Finance, or a related field
• At least 2–3 years of AU accounting experience
• Proficiency in accounting software such as Xero

Perks & Benefits (Work From Home):

• Comprehensive health and life insurance on your 16th day of employment, covering 1 free dependent on the 16th day of employment
• Flexible leave credits which may be used for vacation, emergency and sick leaves
• Quarterly perks boxes for WFH staff, offering groceries and snacks to keep you fueled Superb and exciting Mid-Year Parties – with items to give away and cash prizes!
• Endless opportunities for career advancement
• Annual Performance Review with Salary Increase
• We set you up for success with a company-provided PC/Laptop and fiber internet connection
• Tech-on-wheels Support
• Participate and join our CS Social Clubs and Special Interest Groups to connect with colleagues
• International career growth and connections
• Unlimited cash incentives for hired referrals
• Mental Wellness Employee Assistance program through Lifeworks
• In-house psychiatrist available to support employees' well-being
• Become part of the Employee Share Units program
• Cloudstaff Dream Points - To be used for bidding useful items like appliances, kitchenettes etc.

Established in 2005, Cloudstaff is a leading outsourcing company that empowers businesses to thrive through smarter talent solutions. We're passionate about creating a work environment that fosters your professional growth and overall well-being.

• Award-winning Culture: We're committed to building the #1 Workplace Everywhere, with a proven track record of staff engagement initiatives and industry recognition
• Invest in You: We support your development through comprehensive training programs, mentoring and opportunities for career advancement
• Thrive as an Individual: We offer a strong work-life balance with flexible schedules, meaningful perks and a collaborative team environment.

**To become a priority applicant, please share a 1-2 minute video introduction detailing you experience in this specific role. You can upload your video to the CSJobs platforms. Please use a clean, distraction-free background and speak clearly and articulately.**