Senior Accountant

Senior Accountant required for a reputable accounting firm based in East London , Eastern Cape Requirements: BCom degree or equivalent work experienceCompleted articles (advantageous)Caseware (advantageous)Vanilla Payroll (advantageous)Pastel (advantageous)Xero (advantageous)Communication skills: Be able to converse in English/Afrikaans/Xhosa (advantageous)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 ect.Foreign exchange transactionsReconcile 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/lossesAnalyse 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 daysAbility 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 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 partnerships.Calculate the taxation on lumpsum payments by retirementNon-resident taxWithholding Tax on companiesCalculation 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 balancesCompiling and discussing with the client of monthly management accounts.Recording and identifying short comings in internal controlsAccounting for Loans on Related PartiesSet-up of accounting systems for clients