Summary
Overview
Work History
Education
Skills
Timeline
Generic

Sagar Sinha

Beenleigh ,QLD

Summary

Adept in Australian taxation and accounting with a proven track record at BeFree, I excel in transforming complex data into actionable insights, leveraging strong analytical skills and proficiency in Xero. Demonstrated adaptability and a commitment to continuous learning fuel my ability to drive positive change and compliance in dynamic financial environments. Accomplished Consultant drives organizational improvements through leveraging expertise in research and system enhancement. Well-versed in collaborating with employees and leaders to resolve control and procedural problems negatively affecting business operations. Dedicated to cost, process and resource optimization.

Overview

2
2
years of professional experience

Work History

Business Resourcing - Australian Taxation

BeFree
05.2023 - Current
  • Developed extensive expertise in Australian taxation rules and regulations.
  • Posted net movement entries to Xero, integrating data from various bookkeeping software.
  • Conducted comprehensive general ledger reviews to identify and rectify bookkeeping errors with necessary adjustment entries.
  • Managed fixed asset registers, including the addition of new assets and application of appropriate depreciation rules.
  • Prepared and reconciled BAS and ICA statements, ensuring compliance with Australian taxation rules.
  • Created loan amortization schedules in the absence of external schedules.
  • Calculated Division 7A interest and Fringe Benefits Tax (FBT) contributions as applicable.
  • Prepared accurate financial statements in Xero.
  • Calculated Capital Gains Tax (CGT) for individuals, addressing both short-term and long-term holdings of shares and property.
  • Prepared tax returns for various entities, including private companies, trusts, partnerships, and individuals.

Business Resourcing SMSF

BeFree
03.2023 - 05.2023
  • Ensured compliance with Australian SMSF regulations and standards, including the preparation and lodgment of SMSF annual returns and other regulatory documents.
  • Managed the day-to-day administration of SMSFs, including processing contributions, managing investment transactions, and maintaining accurate fund records.
  • Assisted with the selection, monitoring, and evaluation of SMSF investments, ensuring alignment with the fund's investment strategy and risk profile.
  • Prepared comprehensive financial statements and reports for SMSFs, providing clear insights into fund performance and financial position.
  • Coordinated with external auditors to facilitate SMSF audits, addressing any issues or discrepancies and ensuring timely completion of audit processes.
  • Communicated with fund members regarding their SMSF accounts, investment options, and regulatory changes, providing expert advice and support as needed.
  • Stayed current with changes in SMSF legislation and regulations, implementing necessary updates to fund operations and documentation.
  • Managed SMSF taxation matters, including the calculation and reporting of tax liabilities, and ensuring compliance with tax obligations.

Bookkeeper

VNC
12.2022 - 03.2023
  • Proficient in using Xero for various accounting tasks including posting net movement entries, reviewing general ledgers, and managing fixed assets and depreciation.
  • Extracted and exported purchase invoices from Dext to Xero, ensuring accurate and efficient data transfer.
  • Conducted thorough bank reconciliations in Xero, ensuring financial accuracy and consistency.
  • Generated and managed sales invoices in Xero, maintaining precise billing records.
  • Administered payroll for multiple clients, ensuring timely and accurate salary disbursements.
  • Prepared and reconciled BAS and ICA statements, ensuring compliance with Australian taxation rules.
  • Created detailed loan amortization schedules, facilitating clear financial planning.
  • Calculated Division 7A interest and Fringe Benefits Tax contributions.
  • Prepared comprehensive financial statements in Xero, providing clear insights into financial health.
  • Capital Gains Tax for shares and property transactions.
  • Prepared tax returns for private companies, trusts, partnerships, and individuals, ensuring compliance and maximizing tax efficiency.

Education

Master of Professional Accounting - Accounting And Finance

Southern Cross University
East Lismore
10.2026

Bachelor of Commerce - Accounting And Finance

Maharaja Sayajirao University
Vadodara, Gujarat
06.2023

Skills

  • Proficiency in Accounting, well versed with principles and methods of accounting
  • Ability and willingness to learn and adapt to new things faster
  • Strong analytical skills and out of the box thinking to solve problems
  • Adaptable, flexible, and open to everchanging work environment and bring a positive change in the organization

Timeline

Business Resourcing - Australian Taxation

BeFree
05.2023 - Current

Business Resourcing SMSF

BeFree
03.2023 - 05.2023

Bookkeeper

VNC
12.2022 - 03.2023

Master of Professional Accounting - Accounting And Finance

Southern Cross University

Bachelor of Commerce - Accounting And Finance

Maharaja Sayajirao University
Sagar Sinha