Amelia Watt, Business Services, smiling at the camera.

Amelia Watt

Director, Business Services

Accounting Outsourcing

Executive Summary

Executive summary

Amelia is a Director in BDO’s Business Services team in Melbourne. Since joining BDO in 2016, Amelia has embedded herself in her clients’ businesses, partnering with them to drive operational efficiency and sustainable growth within their finance function.

She specialises in outsourced finance function and advisory services for growing and complex organisations. Amelia works with a diverse client base, including complex family-owned business groups, not-for-profit organisations, government organisations and foreign-owned multinationals, as well as Australian subsidiaries of significant global entities.

Amelia helps businesses operating in Australia by offering three complimentary service streams that provide continuity and scalability of services as business needs evolve. Through outsourced finance function services, she oversees day-to-day operations and delivery of timely reporting to management and boards, ensuring that ongoing and annual accounting and tax obligations are met. Complementing these services, Amelia delivers finance function technology transformation projects, using cloud-based solutions to automate processes and enhance the quality and timeliness of financial insights for decision making.

Expertise

  • Provision of complete outsourced finance function services, including bookkeeping, accounts payable, payroll, management reporting and board reporting
  • Management of ATO obligations including GST, PAYG withholding and Fringe Benefit Tax
  • Implementation and ongoing management of cash flow forecasting and budgeting
  • Finance function reviews and delivery of improvement initiatives, including technology transformation projects
  • Payroll compliance, including system implementation, ongoing payroll processing including single touch payroll reporting, leave management, payroll tax and Workcover reporting requirements
  • Preparation of financial statements and income tax returns

Experience

Inbound multinationals

  • Outsourced finance function solution (management accounting, management reporting, payroll services, budgeting, forecasting and virtual CFO advisory)
  • Corporate tax compliance
  • Preparation of special and general-purpose financial statements

Not-for-profit organisations/government bodies

  • Finance function review and subsequent accounting software transformation, including implementation of finance technology stack
    • Outsourced finance function solution (management accounting, management reporting, payroll services, budgeting, forecasting and virtual CFO advisory)
    • Tax compliance including GST and FBT
    • Board reporting services including preparation of finance reports and presentation to board members

Qualifications and affiliations

  • Bachelor of Commerce (Accounting) and Bachelor of Arts (Psychology)
  • Graduate Diploma of Chartered Accounting
  • Member, CA ANZ