Tax jobs in United States

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.