Accounting Specialist

at  BMW

Always under control, always with passion: those who want to shape the future need to keep track especially when it comes to goal-oriented corporate management. Thanks to extensive training and qualified teams, our finance colleagues create decisive added value for the BMW Group anew every day because they know what really counts.

THE OPPORTUNITY

• Our Accounting team is currently looking for an experienced Accounting Specialist, who will be responsible for the Accounts Payable function, accuracy of accounts, accuracy and compliance with all relevant guidelines, and regulations for taxation.
  This is a full time, permanent contract based in Mulgrave, Melbourne.

Additionally, the role is responsible for:

• Ensure the company purchasing process is adhered to business-wide and provide support if needed. Facilitate training for new system users for all users. Be accounts payable system SME for the business.
• Review and verify employees expense reimbursements and ensure compliance with company policy.
• Maintain up-to-date knowledge of the GST system. Analyse transactions and apply the appropriate GST code to ensure the BAS statement is prepared in accordance with relevant tax laws.
• Responsible for Compliance with Group policies, guidelines, instructions & procedures and legal requirements.
• Assist in the preparation of end of year statutory financial reports as required by ASIC. This will include working with external audit as a point of contact and ensuring that all audit queries are resolved in a timely manner.
• Preparation of balance sheet reconciliations and be able to adequately explain and resolve any variances. Including coordinating all intercompany service charges, expat and ad-hoc cross charges involving communicating the basis of the cross charges and following up to ensure timely payment.
• Assist with month-end closing and perform allocated tasks in an accurate and timely manner.
• Act as back-up for the Accounts Receivable. Maintain good knowledge of the Retail portfolio product range and the different transactions needed for each of the products offered. Processing and reconciling of daily retail payments, payouts and dishonours to the finance system in a timely manner.
• Support the implementation of change management and the accurate transactions/financial impact.
• Support ICS in the Accounting area and make sure Controls are reviewed and tested in a timely manner.

WHAT YOU WILL BRING TO THIS ROLE

• Minimum 3 years Accounting experience, industry experience preferable
• Advanced knowledge of Excel.
• Strong problem solving skills.
• Strong mathematical skills.
• Excellent communication skills.
• Able to work effectively within a team as a peer and team lead
• Strong organizational and time management skills
• Experience in SAP

Additionally, the role is responsible for:

• Ensure the company purchasing process is adhered to business-wide and provide support if needed. Facilitate training for new system users for all users. Be accounts payable system SME for the business.
• Review and verify employees expense reimbursements and ensure compliance with company policy.
• Maintain up-to-date knowledge of the GST system. Analyse transactions and apply the appropriate GST code to ensure the BAS statement is prepared in accordance with relevant tax laws.
• Responsible for Compliance with Group policies, guidelines, instructions & procedures and legal requirements.
• Assist in the preparation of end of year statutory financial reports as required by ASIC. This will include working with external audit as a point of contact and ensuring that all audit queries are resolved in a timely manner.
• Preparation of balance sheet reconciliations and be able to adequately explain and resolve any variances. Including coordinating all intercompany service charges, expat and ad-hoc cross charges involving communicating the basis of the cross charges and following up to ensure timely payment.
• Assist with month-end closing and perform allocated tasks in an accurate and timely manner.
• Act as back-up for the Accounts Receivable. Maintain good knowledge of the Retail portfolio product range and the different transactions needed for each of the products offered. Processing and reconciling of daily retail payments, payouts and dishonours to the finance system in a timely manner.
• Support the implementation of change management and the accurate transactions/financial impact.
• Support ICS in the Accounting area and make sure Controls are reviewed and tested in a timely manner

By submitting an application for a role at BMW Group Australia the candidate confirms:

• They have valid rights to work in Australia
• They agree to undertake integrity checks upon request should their candidacy progress to an offer of employment