Senior Accountant

Staffsols; East London; On-site; ZAR 360 000 - 480 000; Full time

Job summary

A leading auditing firm is looking to employ a Senior Accountant to join their dynamic team in East London. The ideal candidate will manage accounting records, prepare annual financial statements, and handle various statutory returns. They must possess a BCom degree or equivalent experience, along with 3-5 years in the field. Proficiency in software like Caseware, Pastel, and Xero is an advantage. Strong communication skills are essential, with ability in English, Afrikaans, and Xhosa being a plus.

Qualifications

• 3-5 years working experience.
• Communication skills in English / Afrikaans / Xhosa are advantageous.

Responsibilities

• Supervise client information processing.
• Perform bank reconciliations.
• Process and reconcile Petty Cash.
• Maintain a fixed asset register.
• Produce draft financials for various business types.

Skills

Accounting

Caseware

Financial Statements

General Journals

Pastel

Reconciliations

Tax

Vanilla Payroll

Xero

Education

BCom degree or equivalent work experience

Completed articles

Tools

Microsoft Office (Excel/Word)

Caseware

Vanilla Payroll

Pastel

Xero

Job description

New Vacancy Our leading client in the Auditing / Accounting space is looking to employ a Senior Accountant to join their dynamic team in East London.

Skills

• Accounting
• Caseware
• Financial Statements
• General Journals
• Pastel
• Reconciliations
• Tax
• Vanilla Payroll
• Xero

Main Purpose of The Position

Processing of accounting records onto a computerized accounting system resulting in an accurate and complete set of books, completing annual financial statements for CC's, 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, Workman's Compensation, completion of annual IRP5's and EMP's. Liaising with clients directly. Supervise and train junior and intermediate accountants.

Responsibilities

• Supervise and initiate 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, etc.
• 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.
• Calculate the PAYE / UIF / SDL and VAT levies.
• Completion of statutory returns e.g. UIF / SDL / PAYE / VAT.
• Liaise with client re payment of the above returns.
• Preparations of payroll.
• Issuing of IRP5's and IT3's and reconciliation to EMP 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 shortcomings 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).