SMSF Accountant

Wisemonk · Gujarat, India

We are hiring for our client

Compensation- Max 9LPA

You will be responsible for end-to-end SMSF processing and compliance work on BGL Simple Fund 360 , from transaction processing through to audit-ready financial statements and the SMSF Annual Return. You will work directly with our Australian principal and support staff, and your work will be reviewed in Australia before lodgment.

Key Responsibilities

• Process SMSF transactions in BGL Simple Fund 360, including setting up and maintaining bank, broker, and wrap data feeds
• Reconcile bank accounts, investment holdings, and contribution/pension transactions
• Process corporate actions, distributions (including annual tax statements from managed funds and ETFs), and property transactions
• Prepare annual financial statements, member statements, and trustee minutes/resolutions
• Prepare the SMSF Annual Return (SAR) for review and lodgment by the Australian team
• Calculate ECPI, apply actuarial certificates, and process CGT events correctly (including segregated vs proportionate method treatment)
• Monitor contribution caps (concessional, non-concessional, bring-forward) and flag potential breaches
• Prepare pension establishment, commutation, and minimum drawdown documentation
• Prepare Transfer Balance Account Report (TBAR) events for lodgment
• Prepare complete, audit-ready workpapers and respond to SMSF auditor queries promptly
• Maintain accurate fund records, permanent files, and workflow status updates
• Communicate clearly with the Australian team on queries, missing information, and job progress
• SMSF audit support (minor part of the role): assist with audit fieldwork, checklists, and evidence gathering for SMSF audit engagements - full training will be provided; prior audit experience is not required

Required Skills and Experience

• Bachelor's degree in Accounting, Commerce, or Finance (preferred)
• Minimum 2 years' hands-on experience processing Australian SMSFs , ideally within an outsourcing firm servicing Australian accounting or SMSF administration practices
• Demonstrated proficiency in BGL Simple Fund 360 - data feeds, matching rules, corporate actions, pension processing, and report generation
• Sound working knowledge of Australian superannuation rules, including contribution caps, transfer balance cap, pension standards, and SIS Act/Regulations compliance requirements
• Understanding of Australian tax concepts relevant to SMSFs (franking credits, CGT discount, ECPI, non-arm's length income)
• Strong written and spoken English, with the ability to communicate directly with an Australian team
• High attention to detail and ability to manage multiple funds to deadlines

Desirable (Not Essential)

• Experience with Class Super, Xero, or document management tools (e.g. FYI Docs)
• Familiarity with SMSF audit requirements and common auditor queries
• Awareness of current Australian superannuation changes (e.g. contribution cap indexation, Payday Super, LRBA reforms)
• Experience preparing TBARs and dealing with ATO correspondence

What We Offer

• Long-term, stable role with an established Australian practice
• Direct exposure to complex SMSF work (pensions, LRBAs, property, wind-ups) rather than data entry only
• Training and support on Australian regulatory updates
• Competitive salary commensurate with experience