Financial Reporting, Associate 2

Job Description

Responsible for preparation, submission, and compliance of Business Activity Statements (BAS). This role involves overseeing the accurate reporting of GST, PAYG, and other related taxes, ensuring timely lodgment with the Australian Taxation Office (ATO).

Roles And Responsibilities

• Prepare and submit Business Activity Statements (BAS) on a monthly, quarterly, or annual basis, as required.
• Ensure accurate reporting of GST, PAYG withholding, PAYG instalments, and other taxes.
• Calculate net GST payable or refundable and ensure proper reporting for business transactions.
• Ensure all sales and purchases are accurately reported for GST purposes and track GST credits on business-related purchases.
• Verify PAYG withholding details and ensure all employee tax withholdings are correctly reported.
• Maintain accurate records of tax liabilities and payments for each reporting period.
• Communicate with the Australian RTS team to resolve any queries, discrepancies, or audits related to BAS lodgment.
• Keep track of business transactions, including sales, purchases, and payments, ensuring that these are properly categorized for tax purposes.
• Reconcile GST-related accounts and ensure accuracy before BAS submission.
• Prepare internal reports for management on BAS and tax-related matters.
• Maintain proper documentation and records to support BAS filings and any audit requirements.
• Identify areas for improvement in the BAS preparation and submission process. Suggest and implement best practices for tax compliance within the organization.

Additional Skill Sets

• Demonstrated ability to meet deadlines and possess strong problem solving and resolution skills.
• Good understanding of financial services and investment products.
• Strong attention to detail and a focus on service.
• Strong PC skills, specifically Excel skills (Intermediate).
• Strong written and verbal communication skills.
• Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
• Strong problem resolution skills.
• Ability to work well in a fast paced, high-volume atmosphere.
• Desire and commitment to learn technical aspects of each deliverable.
• Ability to communicate with various internal teams to resolve inquiries and understanding when to escalate.
• Strong communication, interpersonal, organizational, and time management skills.
•     Graduate degree in Business, Accounting, Finance or equivalent experience preferred.
• Experience Requirements     2+ year of experience in related accounting or finance field preferred.
• Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
• Strong problem resolution skills.
• Ability to work well in a fast paced, high-volume atmosphere.
• Desire and commitment to learn technical aspects of each deliverable.
• Ability to communicate with various internal teams to resolve inquiries and understanding when to escalate.
• Strong communication, interpersonal, organizational, and time management skills.
•     Graduate degree in Business, Accounting, Finance or equivalent experience preferred.
• Experience Requirements     2+ year of experience in related accounting or finance field preferred.

Education Requirements

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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