Financial Accountant (Asset Accounting)

About the role

A Local Council in the western suburbs of Melbourne is looking for a Financial Accountant to take ownership of its asset accounting and play a hands-on role in statutory reporting, cash flow and investments. Reporting to the Coordinator Accounting Services, the role keeps the integrity of the Council's financial data central. It is a temporary contract starting as soon as possible and running until the end of March 2027, at 38 hours per week with a hybrid work-from-home arrangement.

Key responsibilities

• Own asset accounting, including maintaining asset registers for land, furniture, equipment and plant
• Apply AASB 116, AASB 13, AASB 136, AASB 1051 and other standards to asset valuations, depreciation and impairment
• Support the Coordinator Accounting Services with the annual financial statements and audit information
• Manage cash receipting, investments, banking and bank reconciliations
• Prepare cash flow forecasts and recommend ways to maximise investment returns within the Investment Policy
• Assist with tax compliance, including FBT and BAS returns
• Complete monthly reconciliations of subsidiary ledgers and the general ledger
• Identify and implement process and internal control improvements across the finance unit
• Provide specialist financial advice to business unit managers and staff

Required profile

• Tertiary qualification in Accounting or Commerce, with progress toward CPA or CA membership
• Relevant experience in financial or management accounting and/or financial systems
• Strong knowledge of accounting standards in a local government context, especially AASB 116, AASB 13, AASB 136 and AASB 1051
• Hands-on asset accounting experience, such as revaluations, capitalisation, depreciation and impairment
• Strong written and verbal communication with staff, auditors and statutory bodies
• Current valid Victorian driver's licence

Required skills

• Proficiency in Excel
• Experience in an integrated corporate finance system; database query language is an advantage
• TechnologyOne Asset module experience is highly preferred

The position is advertised by a recruitment agency; only shortlisted candidates will be contacted.