Location, Port Elizabeth, Eastern Cape, Advertised By Agency, Job Type Full-Time, Port Elizabethm Intermediate Accountant, My client is seeking the successful candidate to join their Auditing Firm
Requirements: NEED TO HAVE ANNUAL FINANCIAL STATEMENT EXPERIENCE, Matric with Accounting at Higher Grade, BCom degree with Accounting III, Auditing and taxation, Technicon diploma with Accounting III, Auditing and taxation, 2nd year of SAIPA articles OR Three - five years practical experience in an accounting practice, Pastel, Microsoft office – Excel and Word, Windows, Caseware (although not compulsory), Payroll (not compulsory), Accfin tax package (not compulsory)
Responsibilities: Processing of client information cheques, receipts, sales invoices, purchase invoices, Perform bank reconciliations, Processing and reconciling of Petty Cash and cash control accounts, 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, 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. Ability to record books from insufficient records. Produce a draft set of financials according to generally accepted accounting practice. Prepare the notes to financial statements. Formulate accounting policies. Calculate the tax liability for sole proprietors, individuals, close corporations and trusts, Calculation of PAYE/UIF/SDL/RSC levies and VAT. Completion of statutory returns e.g. UIF/SDL/PAYE/RSC/VAT. Issuing of IRP5’s and IT3’s and reconciliation to IRP501 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. Complete a tax return for individuals, close corporations, trusts and body corporate, Recording and identifying short comings in internal controls, Identifying risks and calculate materiality, Statutory checks – member’s certificates, founding statements, association agreements etc.
Acquisition of member’s interest / shareholding, 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 of an accounting officer, Perform basic administrative duties as requested by Senior Accountants and Manager, Provide assistance to junior accountants
Should you be interested in this role, please send your CV to: email@example.com