YongLoke Foo
Brisbane City,QLD
Summary
Highly analytical, results-driven tax and organized accounting specialist, promoting years of expertise in Business Services and Advisory. Skilled at working quickly and accurately under tight deadlines. Maintaining an extensive knowledge of XERO, MYOB and Excel while complying with training requirements to stay abreast with recent tax law changes and compliance matters. Have had multiple years of sales experience therefore will be quick to build rapport with clients leading to long-term business relationships.
Overview
9
9
years of professional experience
Work History
Tax Accountant
Bowden Liberatore
02.2022 - Current
- Proficient in preparing Income Tax Returns for Individuals, Partnerships, Trusts, and Companies with varying complexities, ensuring timeliness, accuracy and compliance.
- Skilled in preparing Financial Statements in compliance with AASB standards, ensuring high-quality financial reporting.
- Experienced in managing business compliance matters, including the preparation and lodgement of Business Activity Statements (BAS) and Fringe Benefit Tax Returns (FBT).
- Expertise in constructing Depreciation & Amortisation schedules, Division 7A loan repayment schedules, Franking Account schedules, BAS reconciliations, and cost base registers.
- In-depth application of tax laws such as Part IVA General Anti-Avoidance provisions, Division 7A, S100A, and various PCG guidelines to optimize tax compliance and outcomes.
- Knowledgeable in applying complex GST rules, including GST on imports, GST Margin Scheme, and GST going concern provisions.
- Applied various Capital Gains Tax (CGT) concessions, including Main Residence Exemption, 15-year CGT Exemption, 50% Active Asset Reduction, Retirement CGT Exemption, and CGT rollover relief, as applicable.
- Assisted with restructuring work, applying CGT rollover relief to optimize client tax positions.
- In-depth understanding of key tax concepts such as distinguishing Repair vs. Capital expenses and assessing the deductibility of various expenses while staying updated on tax changes.
- Skilled in delegation, work-in-progress (WIP) management, and budgeting, ensuring projects are completed on time and within budget.
- Reviewed junior staff's work and provided training and guidance as needed to ensure quality standards and professional development.
- Communicated effectively with various stakeholders, including assisting clients in arranging payment plans with the ATO, reviewing Payroll Tax as requested by state authorities, preparing Annual Minimum Financial Reports for QBCC, and managing Bi-Annual Bank Interest and Capital covenant compliance.
Territory Manager
Trio Brothers Trading Pty Ltd
02.2019 - 04.2021
- Maintained and managed great rapport with customers.
- Managed over 350 accounts within Gold Coast / Northern NSW / NT territory.
- Prospected at least 5 new leads per week.
- Grew customer base by at least 30% over the course of 2 years.
- Achieved sales goals by monitoring and adjusting to market trends and competitors' actions
- Generated consistent sales for the company.
- Average annual turnover of over $1.2 million.
- Top QLD representative
- National top 3 performer
Accounts Credit Officer
Trio Brothers Trading Pty Ltd
01.2018 - 01.2019
- Managed aged receivables accounts and reduce bad debts.
- Bank reconciliation and general ledger entries.
- Established and maintained positive relationships with clients.
- Perform credit checks to advise the risk of proceeding with business opportunities.
- Created spreadsheets using Microsoft Excel for daily, weekly and monthly reporting.
- Enhancement of corporate governance by ensuring sound internal controls are in place.
- Resolved problems, improved operations and provided exceptional service.
- Completed paperwork, recognizing discrepancies and promptly addressing for resolution.
Coffee Barista
Ostwald Bros
02.2016 - 06.2016
- Cross-sold pastries and sandwiches with coffee orders, boosting customer purchases & overall sales.
- Created wide variety of hot and cold drinks in average shifts with consistently positive customer satisfaction scores.
- Prevented infections and maintained store professionalism by cleaning and sanitizing work areas daily.
- Maintained espresso equipment and performed minor repairs to keep coffee machines functioning properly.
- Developed and demonstrated skillful and creative latte art to engage customers.
- Handled OLTP systems, payment processing, cash change and issuing of receipt.
- Completed over successful daily cash audits to correctly balance drawers at end of each shift.
Education
Graduate Certificate in Forensic Accounting - Financial Forensics And Fraud Investigation
Queensland University of Technology
Brisbane, QLD11.2017
Bachelor of Accountancy - Accounting
Queensland University of Technology
Brisbane, QLD06.2017
Skills
- Proficient in MYOB, XERO, Reckon, Quickbooks, Micronet and Fathom;
- Competent user of Microsoft Word, Powerpoint & Excel;
- Competent user of Linux Cinnamon Operating System;
- General ledger reconciliations and Annual, Bi-Annual, Quarter and Monthly Reporting;
- Tax computing for Individuals, Partnerships, Trusts, and Companies;
- Management Accounting, Bank Reconciliations, Payroll processing;
- Sales, Brand Marketing, and Development;
- Great analytical skills - Sales Statistics Analysis, Market Trend Analysis, Competitor Analysis & Profitability Assessments;
- Brand Marketing and Development;
Accomplishments
- Maintained Triple Crown Scholarship from 2014 - 2017
- Awarded Top Prize for Data Analysis by School of Economics and Finance
- Awarded Bachelor of Accountancy with Distinction
- Achieved Graduate Certificate in Forensic Accounting
- Member of Golden Key International Honour Society
- CPA Qualified
- Sales - QLD top performer & National top 3
- XERO, MYOB, Reckon, Quickbooks certified
Certification
- Certified Public Accountant (CPA).
- Xero Advisor Certification – Xero.
Timeline
Tax Accountant
Bowden Liberatore
02.2022 - Current
Territory Manager
Trio Brothers Trading Pty Ltd
02.2019 - 04.2021
Accounts Credit Officer
Trio Brothers Trading Pty Ltd
01.2018 - 01.2019
Coffee Barista
Ostwald Bros
02.2016 - 06.2016
Graduate Certificate in Forensic Accounting - Financial Forensics And Fraud Investigation
Queensland University of Technology
Bachelor of Accountancy - Accounting
Queensland University of Technology
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