SUMMARY:
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POSITION INFO:
The Senior Accountant plays a key role in managing client relationships, ensuring regulatory compliance, overseeing complex financial transactions, and mentoring junior staff
Duties & Responsibilities
- Supervise and initiating the processing of client information
- 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 ect.
- 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
- Produce a draft set of financials and a working paper file for sole proprietors, close corporations, trusts, partnerships, small business corporations and
- Prepare the notes for financial statements
- Calculate the tax liability for sole proprietors, individuals, close corporations and trusts, small business corporations, farmers and partnerships.
- Calculation 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 balances
- Compiling and discussing with the client of monthly management accounts.
- Set-up of accounting systems for clients
- Assist and mentor junior team members, fostering a supportive and growth-oriented work environment
Minimum requirements:
- Accounting Qualification
- Experience in an accounting practice environment
Competencies
- Strong time management skills and ability to meet deadlines
- Professional communication and client relationship management skills
- Strong attention to detail, analytical skills, and ability to work independently
- Quality and detail oriented
- A problem-solving mindset and ability to adapt in a dynamic environment
