Job Description

Job Summary Requirements:

• 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.
• Pastel
• Microsoft Office - Excel and Word, Windows
• CaseWare
• Xero

Summary of job:
Processing of accounting records onto a computerised accounting system resulting in an accurate and complete set of books. Completing annual financial statements of CCs, 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.Responsibilities:

• Supervise and initiate the processing of client information receipts, sales invoices, and 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 installment 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, and equipment) and investments and the calculation of the taxation on capital gains/losses.
• Analyze 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 for 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 corporations, 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 the client regarding payment of the above returns.
• Reconciliations of input/output VAT to annual financial statements and monthly trial balances.
• Compiling and discussing with the client monthly management accounts.
• Complete a tax return for individuals, close corporations, trusts, and body corporates.
• Recording and identifying shortcomings in internal controls.
• Identifying risks and calculating 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 companies / sole proprietors/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 are 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.
• Set 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:
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