Senior Accountant
Senior Accountant
Posted on :
22-05-2025
Employer Active
1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
22-05-2025
Job Description
Senior Accountant
Academic Qualifications Required:
- Matric with Accounting at a Higher Grade
- BCom degree or equivalent degree with Accounting III and taxation
- Completed SAIPA articles or SAICA articles
OR - More than 6 years of experience in an accounting practice
Required Computer Packages:
- Pastel
- Microsoft Office Excel and Word Windows
- CaseWare
- Xero
Key Duties and Responsibilities Key Performance Indicators:
- Supervise and initiate the processing of client information receipts sales invoices and purchase invoices
- Perform bank reconciliations
- Process and reconcile Petty Cash and cash control accounts
- Keep a fixed asset register
- Prepare general journals (e.g. depreciation provisions interest salaries stock etc.)
- Process journal entries (e.g. new installment sale agreements interest on borrowings provisions accruals of income and expenses bad debts etc.)
- Distinguish between finance and operating leases
- Manage foreign exchange transactions
- Reconcile debtors and creditors statements
- Apply correct accounting treatment on disposal of assets (property plant & equipment) and investments and calculate the taxation on capital gains/losses
- Analyze the resulting trial balance for mistakes/deviations and discuss the results with the client
- Conduct 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 practices and a working paper file according to the standards per the training file for sole proprietors close corporations trusts partnerships small business corporations farmers 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 trusts small business corporations farmers Body corporates and partnerships
- Calculate the taxation on lumpsum payments by retirement
- Perform tax planning (e.g. fringe benefits and allowances)
- Manage tax avoidance/nonresident tax
- Calculate 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
- Calculate PAYE/UIF/SDL levies and VAT
- Complete statutory returns (e.g. UIF/SDL/PAYE/VAT)
- Liaise with clients regarding the payment of the above returns
- Reconcile input/output VAT to annual financial statements and monthly trial balances
- Compile and discuss monthly management accounts with clients
- Complete tax returns for individuals close corporations trusts and body corporates
- Record and identify shortcomings in internal controls
- Identify risks and calculate materiality
- Conduct statutory checks (e.g. members certificates founding statements association agreements etc.)
- Perform preengagement procedures
- Manage the acquisition of members interest/shareholding
- Review the monthly files of junior to intermediate accountants
- Complete and review Management representation letters
- Qualify the report of an Accounting Officer
Other:
- Understand the concept and characteristics of close corporations private companies sole proprietors trusts clubs and sectional titles
- Know the advantages and disadvantages of the above
- Manage loans to members of the above entities
- Understand the powers of members to bind the above entities
- Assess personal liability of members to CC/company and others
- Maintain proper accounting records
- Be familiar with the duties and rights of an accounting officer
- Provide assistance to junior and intermediate accountants
- Handle any other complex duty/work/client activity
- Develop and provide training for junior and intermediate accountants
- Perform basic administrative duties as needed on a daytoday basis
- Review the working papers of junior to intermediate accountants
- Be able to audit Body Corporates and perform Independent Reviews
Software:
- Set up accounting systems for clients
- Ensure suitable hardware and software
- Train client staff in using the software (Pastel)
Compliance:
- Comply with The Companys System of Quality Management (SOQM) policies and procedures
- Adhere to The Companys Employee Code of Conduct which includes The Companys HR policies SAICA IRBA and IESBA Codes of Conduct
Employment Type
Full Time
Key Skills
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