Senior Accountant

Job Position: Senior Accountant
Ref: 4951
Location: PE/Gqeberha
Salary: R30 000 to R35 000 per month CTC commensurate with experience and qualification

Email your updated CV to [email protected]

Qualifications / Requirements:
• Matric with Accounting at a Higher Grade
• B.Com degree or equivalent degree with Accounting III and Taxation
• Completed SAIPA articles or SAICA articles
OR
• More than 6 years of experience in an accounting practice
• Required computer packages:
- Pastel
- Microsoft office – Excel and Word, Windows
- CaseWare
- Xero
Skills, competencies and experience required:
• Interpersonal skills
• Communication skills: Be able to converse in English/Afrikaans/Xhosa (advantageous)
• Report writing skills
• Time management
• Problem-solving skills
• Organisational skills
• Training presentation skills
• Supervisory skills: Ability to supervise junior and intermediate accountants and provide leadership
Competencies
• Strong accounting, taxation and auditing knowledge
• Decisive and accurate
• Ability to prioritise
• Ability to work under pressure in a deadline-driven environment
Key Performance Areas:
• Supervise and initiating the processing of client information receipts, sales invoices, purchase invoices
• Perform bank reconciliations
• Processing and reconciling of petty cash and cash control accounts
• Keeping of a fixed asset register
• General journals – e.g., depreciation, provisions, interest, salaries, stock, etc
• Process journal entries e.g., new instalment 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 for sole proprietors, close corporations, trusts, partnerships, small business corporations, armers and Body Corporates
• Prepare the notes to financial statements
• Formulate accounting policies
• Identify provisions and contingent liabilities
• Calculate the tax liability for sole proprietors, individuals, close corporations and trusts, small business corporations, farmers, Body corporates and partnerships
• 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 of (Pty) Ltd and Body Corporates 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 client re payment of the above returns
• Reconciliations of input/output VAT to annual financial statements and monthly trial balances
• Compile and discuss with the client of monthly management accounts
• Complete a tax return for individuals, close corporations, trusts and body corporates
• Recording and identifying short comings in internal controls
• Identify risks and calculate 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
• Concept and characteristics of close corporations / private company / sole proprietor / trusts / clubs / sectional titles
• Personal liability of members to CC/company and others
• Accounting records to be maintained
• The duties and rights of an accounting officer
• Provide assistance to junior and intermediate accountants
• Any other duty/work/client that is not the normal run-of-the-mill activity e.g. and is of a more complex nature
• Provide and develop training for junior and intermediate accountants
• Perform basic administrative duties as needed on a day-to-day basis
• Review the working papers of junior to intermediate Accountants
• Able to audit and Body Corporates and perform Independent Reviews
Software:
• Set-up up accounting systems for clients
• Suitable hardware and software
• Training of client staff in using the software (Pastel)
• Compliance with the firm’s Employee Code of Conduct which consists of the firm’s HR policies, SAICA, IRBA and IESBA Codes of Conduct