Senior Accountant, Gqeberha

East London - South Africa

Monthly Salary: Not Disclosed

Posted on: 23 hours ago

Vacancies: 1 Vacancy

Job Summary

Reference: EL003204-IM-1

Are you an experienced accountant looking to take the next step in your career This could be the opportunity for you. A well-established accounting and audit firm based in Gqeberha is seeking a Senior Accountant to join their dynamic and growing team.

Duties & Responsibilities

Applicants are required to meet the following criteria:

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
6 years relevant accounting experience
Required Computer Packages: Pastel MS Office CaseWare Xero

The successful applicant would be responsible for but not limited to:

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 & 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 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
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
Compiling and discussing 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
Identifying risks and calculate materiality
Statutory checks members certificates founding statements association agreements etc.
Pre-engagement procedures
Acquisition of members 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

Other

Concept and characteristics of close corporations / private company / sole proprietor / trusts / clubs / sectional titles
Advantages and disadvantages of the above
Loans to members of the above
Powers of members to bind the above
Personal liability of members to CC/company and others
Accounting records to be maintained
The duties and rights of an accounting officer
Provide assistance to junior and intermediate accountants
Any other duty/work/client that is not the normal run-of-the-mill activity e.g. and is of a more complex nature
Provide and develop training for junior and intermediate accountants
Perform basic administrative duties as needed on a day-to-day basis
Review the working papers of junior to intermediate accountants.
Able to audit and Body Corporates and perform Independent Reviews

Software

Set-up up accounting systems for clients
Suitable hardware and software
Training of client staff in using the software (Pastel)
Compliance with the firms System of Quality Management (SOQM) policies and procedures.
Compliance with the firms Employee Code of Conduct which consists of the firms HR policies SAICA IRBA and IESBA Codes of Conduct

Salary: Market related

Please email detailed CV supporting documentation and salary requirements through to with Senior Accountant in the subject line

If you have not received a response within 7 working days please consider your application unsuccessful

Required Experience:

Senior IC

Reference: EL003204-IM-1Are you an experienced accountant looking to take the next step in your career This could be the opportunity for you. A well-established accounting and audit firm based in Gqeberha is seeking a Senior Accountant to join their dynamic and growing team.Duties & Responsibilities...