Senior Accountant
Our client is seeking a qualified and experienced Senior Accountant.
Duties & Responsibilities
Requirements: - Matric with Accounting at a Higher Grade.
- BCom degree or equivalent degree with Accounting III and taxation.
- Completed SAIPA articles or SAICA articles.
- More than 6 years of experience in accounting.
Required Computer Packages: - Pastel
- Microsoft Office – Excel and Word, Windows
- CaseWare
- Xero
Responsibilities: - Supervise and initiate the processing of client information receipts, sales invoices, and purchase invoices.
- Perform bank reconciliations.
- Processing and reconciling of Petty Cash and cash control accounts.
- Keeping a fixed asset register.
- General journals – e.g., depreciation, provisions, interest, salaries, stock, etc.
- Process journal entries e.g., new installment sale agreements, interest on borrowings, provisions, accruals of income and expenses, bad debts, etc.
- Distinguish between finance and operating leases.
- Foreign exchange transactions.
- Reconcile debtors and creditors statements.
- Correct accounting treatment on disposal of assets (property, plant, and equipment) and investments and the calculation of the taxation on capital gains/losses.
- Analyse the resulting trial balance for mistakes/deviations and be able to discuss the results with the client.
- Analytical review of AFS – GP%, inventory days, creditors days, debtors days.
- Ability to record books from insufficient records.
- Produce a draft set of financials according to generally accepted accounting practice and a working paper file according to the standards per the training file.
- Prepare the notes for financial statements.
- Formulate accounting policies.
- Identifying provisions and contingent liabilities.
- Calculate the tax liability.
- Calculate the taxation on lumpsum payments by retirement.
- Tax planning – e.g., fringe benefits and allowances.
- Tax avoidance / Non-resident tax.
- Secondary tax on companies.
- Perform vouching tests during an audit to verify completeness, existence, accuracy, valuation, ownership, and presentation.
- Calculation of PAYE/UIF/SDL levies and VAT.
- Completion of statutory returns e.g., UIF/SDL/PAYE/VAT.
- Liaise with the client for repayment of the above returns.
- Reconciliations of input/output VAT to annual financial statements and monthly trial balances.
- Compiling and discussing with the client of monthly management accounts.
- Complete a tax return for individuals, close corporations, trusts, and body corporates.
- Recording and identifying shortcomings in internal controls.
- Identifying risks and calculating materiality.
- Statutory checks – member’s certificates, founding statements, association agreements, etc.
- Pre-engagement procedures.
- Acquisition of member’s interest/shareholding.
- Review the monthly files of junior to intermediate accountants.
- Completion and review of management representation letters.
- Qualifying the report of an Accounting Officer.
Package & Remuneration
Monthly
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