Accounting Senior
2022-09-28 - 2022-10-27
Permanent
E.L000669
Finance
Eastern Cape, East London
Negotiable Cost To Company (Market related, Negotiable)
Opportunity Available!! Our well known client in the Auditing/ Accounting Sector is looking to employ an Accounting Senior to join their dynamic team in East London.
Job Description: 

  • Supervise and initiating the processing of client information cheques, 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 ect.
  • 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.
  • 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
  • Calculate withholding tax on company
  • 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.
  • Complete a tax return for individuals, close corporations, trusts and body corporates.
  • Account for Acquisition of member’s interest / shareholding
  • Review the monthly files of junior to intermediate accountants
  • 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
  • Assist in the running of the Accounting department with proposals etc.
  • Provide and develop training to 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.
  • Set-up of accounting systems for clients
  • Training of client staff in using the software
 
Job Requirements
  • Matric with Accounting at Higher Grade
  • BCom degree
  • At least 3years relevant experience
  • Completed SAIPA articles (advantageous)
  • Microsoft office – Excel and Word, Windows
  • All other accounting software packages (advantageous)
  • Communication skills: Be able to converse in English/Afrikaans/Xhosa (advantageous)
For more information please contact:
Bridgette Groep