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Technical Accounting Manager

OFX

OFX

IT, Accounting & Finance
Sydney, NSW, Australia
Posted on Monday, June 3, 2024

Job Description

Hi. We’re OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we’re a customer-focused business that is all about inspiring customer confidence.

At OFX, you’ll have the opportunity to reach beyond your role and function across disciplines. Make use of your diverse skill set at a business that values your expertise and turn your potential into reality.

Purpose of your role

This role will provide an integral source of technical accounting and global tax compliance support for the Group Financial Controller in ensuring compliance with International Financial Reporting Standards, global tax regulations and other statutory financial reporting requirements, in addition to monthly and ad hoc accounting needs. This role requires a strong understanding of Accounting Standards and regulations and the ability to effectively communicate complex accounting concepts to various stakeholders.

What you do

  • Provide guidance and support to cross-functional teams on accounting treatment for complex transactions, including business combinations, goodwill and intangibles impairment, and other areas as needed. Prepare technical memos documenting conclusions and recommendations for management and external auditors.
  • Manage the share-based payment process from a Finance perspective, partnering with the Head of Global Rewards, People and Culture, and Legal teams.
  • Define and implement ongoing Direct and Indirect tax and Transfer pricing strategies to maximise value.
  • Develop and maintain accounting policies and procedures to ensure compliance with International Financial Reporting Standards, global tax regulations, and other regulatory requirements. Continuously monitor and enhance internal controls to safeguard the integrity of financial reporting.
  • Stay up to date with changes in International Financial Reporting Standards, global tax regulations, and other regulatory requirements. Undertake research to assess their relevance or impact to OFX’s operations and make recommendations for application and initial implementation.
  • Identify opportunities for process improvements in financial reporting and accounting operations, working in conjunction with the Finance Systems Manager. Involvement in ad hoc Finance initiatives as required.
  • Provide technical accounting training to finance and other relevant teams to enhance understanding and compliance with accounting and tax principles. Stay informed about industry trends and changes in accounting standards and tax regulations to continuously improve the organisation's accounting practices.

Qualifications

  • Tertiary qualifications in accounting/business/commerce.
  • CA/CPA qualified.

Knowledge, skills, experience

  • 7+ years of work experience in financial accounting, including technical accounting, controllership, financial services, or similar roles.
  • Strong knowledge of International Financial Reporting Standards and relevant regulatory requirements.
  • Tax compliance experience, including knowledge of global tax regulations and transfer pricing desirable.
  • Experience in researching and applying complex accounting concepts.
  • Ability to collaborate with cross-functional teams and influence stakeholders, including the ability to identify, frame, and confront issues and make recommendations for resolution.
  • Strong attention to detail and ability to prioritise tasks effectively.
  • Ability to work independently and collaboratively in a team environment.
  • Excellent written and communication skills.
  • MS Office suite proficiency required.

Additional Information

What it's like working at OFX

We’re OFXers because we want to make a difference. We see challenges as opportunities and we’re not afraid to roll up our sleeves to get stuff done. We’re committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team, cross-functionally and globally, to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

  • Always keep learning. We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career, with leadership training, secondments, internal mobility and access to a large library of online learning.
  • Make a difference. Through our Make a Difference program, we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual volunteer day, which OFXers can use together or individually, as well as matched giving and the opportunity to nominate charity of choice every quarter.
  • Reward and recognition. We recognise a job well done. OFXers are encouraged to celebrate their peers’ effort, technical expertise or support through a range of global and regional channels and awards, including quarterly and annual awards, milestones and shout outs.
  • Showing our social side. Our Good Vibes employee-led committees around the globe organize events to help keep our employees engaged inside and outside the office. Whether it’s a wellbeing activity, end of year celebration, or a monthly team get-together, our team wants you to feel welcome!
  • Benefits that mean something. We offer a range of fantastic benefits, including health insurance, primary and secondary gender neutral carer parental leave (16 weeks) or birthday leave, you'll feel well-supported at OFX.
  • A great work environment. Enjoy work-life balance and flexibility with our hybrid work model, in an inclusive, diverse and non-hierarchal culture.

At OFX, we are committed to fostering a diverse, inclusive and accessible workplace where we value, respect, and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve, we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process, please email us at [email protected].

We encourage you to apply if this role aligns with your career aspirations.