Senior Accountant required for a reputable accounting firm based in East London.Processing of accounting records onto a computerized accounting system resulting in an accurate and complete set of books. Completing 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.Requirements:BCom degree or equivalent work experienceCompleted articles (advantageous)Microsoft Office (Excel / Word)Caseware (advantageous)Vanilla Payroll (advantageous)Pastel (advantageous)Xero (advantageous)Communication skills: Be able to converse in English / Afrikaans / Xhosa (advantageous)Responsibilities:Supervise and initiate the processing of client information cheques, receipts, sales invoices, purchase invoices.Perform bank reconciliations.Process and reconcile Petty Cash and cash control accounts.Maintain 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.Handle foreign exchange transactions.Reconcile debtors and creditors statements.Ensure correct accounting treatment on disposal of assets (property, plant & equipment) and investments and calculation of the taxation on capital gains/losses.Analyse the resulting trial balance for mistakes/deviations and discuss the results with the client.Conduct analytical review of AFS – GP%, Inventory days, Creditors days, Debtors days.Ability 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 statements.Formulate accounting policies.Identify provisions and contingent liabilities.Calculate the tax liability for sole proprietors, individuals, close corporations, trusts, small business corporations, farmers, Body corporates, and partnerships.Calculate the taxation on lumpsum payments by retirement.Handle non-resident tax.Manage Withholding Tax on companies.Calculate PAYE / UIF / SDL levies and VAT.Complete statutory returns e.g. UIF / SDL / PAYE / VAT.Liaise with clients regarding payment of the above returns.Prepare payroll.Issue IRP5's and IT3's and reconcile to EMP501 at year-end.Reconcile input/output VAT to annual financial statements and monthly trial balances.Compile and discuss monthly management accounts with the client.Record and identify shortcomings in internal controls.Account for Loans on Related Parties.Set up accounting systems for clients.
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