Bookkeeping

  • All Staff are Qualified and Experienced Accountants
  • Strong Systems & Processes with disciplined supervision
  • Cashflow Management including 13 Week Cashflow Forecast updated weekly
  • Full accrual Accounting, instead of cash Accounting, with End of Month journal entries including depreciation
  • Initial Review and Assessment of Accounts
  • Execute clean up of accounts as required
  • Establish and Deliver in accordance with the SLA (Service Level Agreement) with the client
  • Accurate and timely:
    • Customer Sales Invoicing
    • Supplier Invoice Processing with formal approval process
    • Preparation of Payroll
  • Preparation of ABA file for Payroll and Supplier pay runs
  • Collections
    • Establish Debt Collection Metrics
    • Document and Review Client’s Credit Processes
    • Credit Application, Approval and Credit Limit Policy
    • Terms of Trade/Contract Provisions and Security
    • Establish best practice end to end Documentation
    • Review and Update the Client’s Accounts Receivables Ledger, including customer contact details
    • Clean up Accounts Receivables Ledger including full reconciliation of Ledger
    • Collect overdue Customer Invoices (daily)
    • Assist in Resolution of Disputed Invoices
    • Take Enforcement action against delinquent debtors with approval of client
    • Recommend and Implement Bad Debt Write Off Policy
    • Manage Age of Accounts Receivables as per Metrics
    • Implement Weekly Reporting to Financial Controller/Managing Director
  • Routine and scheduled reconciliation of all Accounts
  • Maintain and Balance Subsidiary Ledger Accounts, General Ledger, and Historical Accounts.
  • Preparation of accurate, timely, and accrual based Monthly Profit & Loss Statements & Balance Sheet
  • Preparation and Presentation of weekly PowerPoint status Report of all Bookkeeping processes and identification of issues + recommendations for cost reduction opportunities through improved processes and automation.
  • Set-up Accounting System and Software Properly
  • Set-up of Chart of Accounts

 

Compliance

  • Preparation of IAS, BAS, PAYG Summary, Payroll Tax Returns, Insurances, ASIC Reviews etc
  • Fair Work Act, Employer Compliance
  • Registrations and Renewals

Administration

  • General Office Administration
  • Maintenance of Employee Records
  • Assistance in Staff Recruitment

 

Rates

  • Rates start at $33/hour + gst, no superannuation, holiday pay, public holiday pay, sick pay, or payroll tax, or Workers Compensation Premium to pay (equals approximately $8.75/hour on $24.25/hour base permanent pay).
  • No absenteeism, no sick leave or annual leave to cover.

TESTIMONIALS