Senior Accountant

Abantu Staffing Solutions; East London; On-site; ZAR 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a skilled accountant to oversee the processing of financial records and ensure compliance with statutory requirements. This role involves supervising junior accountants, preparing annual financial statements, and liaising directly with clients. The ideal candidate will possess a BCom degree and have experience with accounting software such as Caseware and Pastel. Join a dynamic team where your expertise will contribute to the financial success of diverse clients, from sole proprietors to body corporates, in a supportive and collaborative environment.

Qualifications

• BCom degree or equivalent work experience is essential.
• Experience with accounting software like Caseware and Pastel is advantageous.

Responsibilities

• Supervise processing of client information and perform bank reconciliations.
• Prepare financial statements and calculate tax liabilities for various entities.

Skills

Good communication skills

Analytical skills

Supervisory skills

Education

BCom degree

Completed articles

Tools

Microsoft Office

Caseware

Vanilla Payroll

Pastel

Xero

Job description

Job Purpose:

• Processing of accounting records onto a computerized accounting system resulting in an accurate and complete set of books.
• Completing of annual financial statements of 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 etc.
• Completion of annual IRP5’s and EMP501’s.
• Liaising with clients directly.
• Supervise and train junior and intermediate accountants.

Minimum Requirements:

• BCom degree or equivalent work experience.
• Completed articles (advantageous).
• Microsoft Office.
• Computer Skills (Experience with Caseware, Vanilla Payroll, Pastel & Xero will be highly advantageous).
• Good communication skills.

Main Responsibilities:

• Supervise and initiate the processing of client information cheques, receipts, sales invoices, and 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.
• 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 IRP5’s and IT3’s 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 shortcomings in internal controls.
• Accounting for Loans on Related Parties.
• Set-up of accounting systems for clients.