Description

Swivel Group, headquartered in Australia is best known for building and implementing custom solutions for businesses to enable them to innovate, scale and compete at a global standard. We've been around since 2019, with a team growing beyond 160+ employees that help us challenge and innovate for our partners across the software, digital, and finance landscapes.

Swivel Group is also in partnership with FinTech Global Solutions (Google Partner) which has been highly successful in providing offshore operations on a global scale with clients ranging from start-up to enterprise level. Swivel Group has access to an untapped marketplace of talent in Sri Lanka with proven processes coupled with effective and stable operations to support them.

Our Brands:

Swivel Tech, Swivel Finance, Swivel Talent, and Swivel Foundation.

Role Purpose:

You will manage all accounting and financial reporting tasks for an Australian construction firm , using Jonas Premier (Software) for accounting, KeyPay for payroll, Monday.com for workflow management and Excel for WIP (Work In Progress) and monthly management reporting.

Responsibilities:

Accounts Payable (AP)

• Jonas Premier: Input and correctly allocate supplier invoices to jobs/projects and cost codes.
• Weekly payment runs and monthly reconciliation of supplier statements.
• Resolve supplier queries and ensure accurate tracking of project-related expenses.
• Manage accounts inbox, including responses to suppliers.

Accounts Receivable (AR)

• Issue progress claims/invoices from Jonas Premier aligned with contractual terms.
• Accurately allocate payments received to correct invoices.
• Regularly chase overdue payments and maintain accurate retention schedules.
• Monthly AR ledger reconciliation.

Payroll Management (KeyPay Plug-in)

• Process monthly/fortnightly payroll through KeyPay.
• Ensure compliance with Australian payroll requirements:
• Single Touch Payroll (STP) submission.
• PAYG withholding, superannuation (SGC), payroll tax.
• Accurate leave tracking and reporting (via Employment Hero platform).
• Respond promptly to employee payroll queries.

WIP Reporting (Excel)

• Maintain detailed WIP schedules in Excel.
• Accurately calculate revenue recognition using the Percentage-of-Completion method.
• Identify and clearly present under-billing and over-billing on projects.
• Monthly reconciliation of Excel WIP schedules to Jonas Premier records.

Monthly Management Accounts (Excel)

• Prepare monthly Management Accounts including:
• Profit & Loss Statement (P&L)
• Balance Sheet reconciliations and journals
• Cash Flow Statements
• Provide monthly variance analysis and clear commentary on project and business performance.
• Ensure monthly accounts accurately reflect data from Jonas Premier (Software) and Excel WIP schedules.

Bank & Credit Card Reconciliation

• Weekly reconciliation of all bank accounts and monthly reconciliation of credit card statements.
• Accurate allocation of transactions within Jonas Premier (Software).

Compliance & Regulatory Reporting

• Prepare monthly Business Activity Statements (BAS) for GST reporting and lodgment.
• Provide data for annual payroll tax and workers' compensation insurance returns.
• Ensure financial records comply with Australian accounting standards and statutory regulations.
• Prepare annual FBT reports and transaction analysis.
• ABS quarterly construction industry statistic reporting.

Budgeting & Cash Flow Forecasting (Excel)

• Support the business in creating annual budgets and periodic cash flow forecasts.
• Assist in scenario modeling to ensure strong financial management.
• Monthly update of project pipeline forecasts.

Year-End Financial Preparation

• Prepare year-end financial statements and supporting reconciliations.
• Coordinate information needed by external accountants/auditors.

Requirements:

• Construction-specific accounting standards (work in progress).
• Minimum 6 - 8 years of experience in Australian payroll compliance: PAYG, STP, Superannuation, Payroll Tax (various states).
• Australian specific knowledge in handling GST & BAS reporting cycles and deadlines.
• Good to have experience in Workflow Management: Monday.com and Jonas Premier (Software).
• Experience in Payroll: KeyPay plug-in (integrated with Premier) and Employment Hero (Platform).
• Construction industry experience and Advanced Excel (mandatory).

Engagement

Full -time , Contract

Work model

Hybrid

AU Shift (IST 06.30am - 03.30pm)

AU Calendar Leaves

What We Can Offer You:

• A dynamic and supportive working environment
• Full medical benefits
• Training & Development
• Flexible and Hybrid working arrangements
• Attractive remuneration

Work Culture

Swivel promotes a culture of positivity, openness, growth, collaboration, and fairness within our work environment. Individual development matters to us. We put in a sincere effort to help our team grow on professional and personal levels.

Swivel Values

Trust:

A confident relationship in our staff, that would adhere to transparency and honesty in our dealings.

Innovation:

Initiative, Collaboration, Growth, Challenging the industry and continuously evolving!

Premium:

Top talent, above and beyond Be the one percenter of the Team!

Respect:

Everyone matters and so do their ideas! No egos, humble but quietly confident and empathetic.

Team:

Be Supportive, welcoming, community, family-oriented and as strong as our weakest

Our Channels

Website - https://swivelfinance.com.au/ / https://swivelgroup.com.au/

Instagram - https://www.instagram.com/swivel.group/

Facebook - https://www.facebook.com/swivelgroupau

LinkedIn - https://www.linkedin.com/company/swivelgroupau/