Accounting Senior

Staff Solutions Recruitment; East London; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading company is looking for an Accountant who will manage comprehensive accounting records, prepare financial statements, and ensure compliance with statutory obligations. Candidates must possess a BCom degree, relevant experience, and proficiency in various accounting tools. Strong analytical and communication skills are essential for liaising with clients and supervising teams. This role offers a dynamic environment where attention to detail and efficiency are crucial.

Qualifications

• BCom degree or equivalent work experience.
• 3-5 years working experience in accounting.

Responsibilities

• Supervise and initiate processing of client information.
• Liaise with clients directly for tax calculations.
• Completion of statutory returns and financial statements.

Skills

Analytical Skills

Attention to Detail

Communication Skills

Time Management

Education

BCom degree

Tools

Microsoft Office

Caseware

Vanilla Payroll

Pastel

Xero

Job description

Main Purpose of The Position :

Processing of accounting records onto a computerized accounting system resulting in an accurate and complete set of books.

Completing of annual financial statements of CCs, trusts, sole proprietors and Body Corporates and working paper files.

Calculation of taxation owing by business and individuals. Completion of statutory returns e.g. PAYE, UIF, SDL, VAT, Workmans Compensation etc.

Completion of annual IRP5s and EMP501s. Liaising with clients directly. Supervise and train junior and intermediate accountants.

Responsibilities :

Supervise and initiating the processing of client information cheques, 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 ect.

Foreign exchange transactions

Reconcile debtors and creditors statements.

Correct accounting treatment on disposal of assets (property, plant & 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 and a working paper file for sole proprietors, close corporations, trusts, partnerships, small business corporations, farmers and Body Corporates.

Prepare the notes to financial statements

Formulate accounting policies

Identifying 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

Non-resident tax

Withholding Tax on companies

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.

Preparations of payroll.

Issuing of IRP5s and IT3s and reconciliation to EMP501 at year end.

Reconciliations of input / output VAT to annual financial statements and monthly trial balances

Compiling and discussing with the client of monthly management accounts.

Recording and identifying short comings in internal controls

Accounting for Loans on Related Parties

Set-up of accounting systems for clients

Requirements

BCom degree or equivalent work experience

Completed articles (advantageous)

3-5 years working experience

Microsoft Office (Excel / Word)

Caseware (advantageous)

Vanilla Payroll (advantageous)

Pastel (advantageous)

Xero (advantageous)

Communication skills : Be able to converse in English / Afrikaans / Xhosa (advantageous)