Purpose Of The Role
Independent reviews of companies that do not require audits.
Compilation of financial statements for companies and close corporations.
Compilation of financial statements for related entities (personal, trusts, etc.).
Duties And Responsibilities
- Compile annual financial statements for individuals, trusts, close corporations, and companies, perform independent reviews, and attend to all related administrative requirements:
- Gather client information.
- Draft financial statements and provide accounting assistance where necessary.
- Prepare working paper files.
- Resolve review queries from Partner and do final entries as per Partner's finalization.
- Provide accounting assistance and pass adjusting entries to bring accounting records to a level where financial statements can be prepared in accordance with the relevant accounting framework.
- Process and reconcile annual transactions from source documents.
- Calculate and account for income tax and deferred tax.
- Prepare tax computations for individuals, trusts, close corporations, and companies.
- Prepare budgets and control targets to ensure monthly targets are met.
- Liaise and deal with Clients, Supervisors, and Partners regarding their expectations and requirements.
- Assess the needs of new clients.
Minimum Requirements
- Recognized B.Com Accounting / Financial qualification.
- Membership of a Professional Body (e.g., SAIPA / SAICA).
- At least 2 years post-article experience in an accounting/auditing environment.
- Experience in performing independent reviews.
- Proficiency in MS Office, especially Excel, and Pastel.
- Caseware proficiency, including drafting financial statements in Caseview.
- Proficient in the application of IFRS for SME.
- Experience in preparing financial statements for Companies, Close Corporations, Trusts, Sole Proprietors, and individuals.
- Ability to provide accounting assistance and pass adjusting journal entries.
- Proficient in calculating taxes, including deferred tax.
- Ability to operate independently with limited guidance.
Desired Skills
- CaseWare
- Compilation of Annual Financial Statements
- Understanding of Inc., Trusts, and CC
- Document Review
- Written Correspondence
- Strong numeric and communication skills
- Budget preparation
Desired Work Experience
Desired Qualification Level & Accreditations
- Degree
- South African Institute of Chartered Accountants
- South African Institute of Professional Accountants