Senior Accountant - Port Elizabeth, South Africa - Performit Personnel
Description
Renowned Company is looking for a Senior Accountant to join their team
Academic Qualifications Required:
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
Skills:
Interpersonal skills
Communication skills: Be able to converse in English / Afrikaans / Xhosa (advantageous)
Report writing skills
Time Management
Problem solving skills
Organisational skills
Training presentation skills
Supervisory skills: Ability to supervise junior and intermediate accountants and provide leadership.
Strong Accounting, Taxation and Auditing knowledge
Decisive and accurate
Ability to prioritise
Ability to work under pressure in a deadline-driven environment
Required Computer Packages:
Pastel
Microsoft office – Excel and Word, Windows
CaseWare
Xero
Key Duties and Responsibilities – Key Performance Indicators:
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 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 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
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.
Liase with client re payment of the above returns.
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
Other
Concept and characteristics of close corporations / private company / sole proprietor / 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 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
Software
Set-up up accounting systems for clients
Suitable hardware and software
Training of client staff in using the software (Pastel)
Compliance with the firm's System of Quality Management (SOQM), policies and procedures.
Compliance with the firm's Employee Code of Conduct which consists of the firm's HR policies, SAICA, IRBA and IESBA Codes of Conduct.