Senior Accountant

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 experienceCompleted articles (advantageous)Microsoft OfficeComputer Skills (Experience with Caseware, Vanilla Payroll, Pastel  & Xero will be highly advantageous)Good communication skills Main Responsibilities: Supervise and initiating the processing of client information cheques, receipts, sales invoices, purchase invoicesPerform bank reconciliationsProcessing and reconciling of Petty Cash and cash control accountsKeeping of a fixed asset registerGeneral 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 transactionsReconcile debtors and creditors statementsCorrect accounting treatment on disposal of assets (property, plant & equipment) and investments and the calculation of the taxation on capital gains/lossesAnalyse the resulting trial balance for mistakes / deviations and be able to discuss the results with the clientAnalytical review of AFS – GP%, Inventory days, Creditors days, Debtors daysAbility to record books from insufficient recordsProduce a draft set of financials and a working paper file for sole proprietors, close corporations, trusts, partnerships, small business corporations, farmers and Body CorporatesPrepare the notes to financial statementsFormulate accounting policiesIdentifying provisions and contingent liabilitiesCalculate the tax liability for sole proprietors, individuals, close corporations and trusts, small business corporations, farmers, Body corporates and partnershipsCalculate the taxation on lumpsum payments by retirementNon-resident taxWithholding Tax on companiesCalculation of PAYE/UIF/SDL levies and VATCompletion of statutory returns e.g.
UIF/SDL/PAYE/VATLiaise with client re payment of the above returnsPreparations of payrollIssuing of IRP5's and IT3's and reconciliation to EMP501 at year endReconciliations of input/output VAT to annual financial statements and monthly trial balancesCompiling and discussing with the client of monthly management accountsRecording and identifying short comings in internal controlsAccounting for Loans on Related PartiesSet-up of accounting systems for clients