Senior Accountant

On Line Personnel; Gqeberha; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading recruitment agency is seeking a Senior Accountant for a position based in Port Elizabeth. The ideal candidate will have a B.Com degree or equivalent, at least 3 years of experience in accounting, and proficiency in accounting software such as Pastel and CaseWare. The compensation for this role ranges from R30 000 to R35 000 per month, depending on experience and qualifications.

Qualifications

• Minimum of 3 years experience in accounting.
• B.Com degree or equivalent with Accounting III and Taxation.
• Strong knowledge of relevant accounting software.

Responsibilities

• Supervise client information processing.
• Perform bank reconciliations and petty cash management.
• Compile and discuss monthly management accounts.

Skills

Matric with Accounting at a Higher Grade

3+ years experience in accounting

B.Com degree or equivalent

Experience with Pastel

Proficiency in Microsoft Office

Familiarity with CaseWare

Knowledge of Xero

Education

B.Com degree or equivalent

Matric with Accounting

Tools

Pastel

Microsoft Office

CaseWare

Xero

Job description

Senior Accountant position available in Port Elizabeth.

Minimum Requirements:

• Matric with Accounting at a Higher Grade
• SAICA / SAIPA Articles with minimum of 3 years experience
• B.Com degree or equivalent degree with Accounting III and Taxation
  OR
• Minimum of 5 years of experience in an accounting practice
• Required computer packages:
  • Pastel
  • Microsoft office – Excel and Word, Windows
  • CaseWare
  • Xero

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

Salary: R30 000 to R35 000 per month CTC commensurate with experience and qualification.