Process financial transactions and extract interim reports
- Check and verify supporting documentation
- Prepare and process banking and petty cash documents
- Prepare and process invoices for payment to creditors and for debtors
- Prepare journals and batch monetary items
- Post journals to ledger
- Enter data into system
- Prepare deposit facility and lodge flows
- Extract a trial balance and interim reports
Administer subsidiary accounts and ledgers
- Review accounts receivable process
- Identify bad and doubtful debts
- Review compliance with terms and conditions and plan recovery action
- Prepare reports and file documentation
- Distribute creditors invoices for authorisation
- Remit payments to creditors
- Prepare accounts paid report and reconcile balances outstanding
Prepare financial reports
- Maintain asset register
- Record general journal entries for balance day adjustments
- Prepare final general ledger accounts
- Prepare end of period financial reports
Set up and operate a computerised accounting system
- Implement an integrated accounting system
- Process transactions within the system
- Maintain the system
- Produce reports
- Ensure system integrity
Introduce cloud computing into operations
- Review computing needs in the business
- Investigate cloud computing services to meet business needs
- Develop a plan to introduce cloud computing
- Support implementation of the plan
Establish and maintain a payroll system
- Establish payroll requirements
- Record payroll data
- Prepare and process payroll
- Handle payroll enquiries
- Maintain payroll
Carry out business activity and instalment activity statement tasks
- Identify individual compliance and other requirements
- Recognise and apply GST implications and code transactions
- Report on payroll activities
- Report on other amounts withheld, Pay As You Go (PAYG) instalments and taxes
- Complete and reconcile the Activity Statement
- Lodge Activity Statement
Apply principles of professional practice to work in the financial services industry
- Identify the scope, sectors and responsibilities of the industry
- Identify and apply financial services industry guidelines, procedures and legislation
- Identify sustainability issues for the financial services industry
- Manage information
- Participate in and facilitate work team activities
- Plan work to be completed taking into consideration time, resources and other constraints
- Develop and maintain personal competency
Develop and implement policies and procedures relevant to bookkeeping activities
- Develop a professional working relationship with relevant parties
- Carry out research to identify compliance requirements and support materials
- Set up and maintain appropriate systems to meet compliance requirements
Design and produce business documents
- Select and prepare resources
- Design document
- Produce document
- Finalise document
Prepare operational budgets
- Prepare budget
- Set budget timeframe
- Document budget
Develop and use complex spreadsheets
- Prepare to develop spreadsheet
- Develop a linked spreadsheet solution
- Automate and standardise spreadsheet operation
- Use spreadsheets
- Represent numerical data in graphic form
Manage budgets and forecasts
- Prepare budget
- Forecast estimates
- Document budget
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