Description:
Our client is seeking an Senior Accountant Audit Supervisor, to join their team.
The purpose of this role is to Process accounting records onto a computerised 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 businesses and individuals. Completion of statutory returns e.g., PAYE, UIF, SDL, VAT, etc. Liaising with clients directly. Supervise and train junior and intermediate accountants
Location: Port Elizabeth/Gqeberha
Job type: On-site
Duties and Responsibilities
- 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
- 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.
- Calculation of PAYE/UIF/SDL levies and VAT.
- Completion of statutory returns e.g., UIF/SDL/PAYE/VAT.
- 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 – member’s certificates, founding statements, association agreements etc.
- Pre-engagement procedures
- Acquisition of member’s 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
- Concept and characteristics of close corporations / private company / sole proprietor / tru
05 Mar 2025;
from:
gumtree.co.za