Senior Accountant Port Elizabeth

Senior Accountant

Duties & Responsibilities

1. Supervise and initiate the processing of client information receipts, sales invoices, purchase invoices.
2. Perform bank reconciliations.
3. Process and reconcile Petty Cash and cash control accounts.
4. Maintain a fixed asset register.
5. Manage general journals (e.g., depreciation, provisions, interest, salaries, stock).
6. Process journal entries for new instalment sale agreements, interest on borrowings, provisions, accruals of income and expenses, bad debts.
7. Distinguish between finance and operating leases.
8. Handle foreign exchange transactions.
9. Reconcile debtors and creditors statements.
10. Ensure correct accounting treatment on disposal of assets and calculate taxation on capital gains/losses.
11. Analyse the trial balance for mistakes/deviations and discuss results with clients.
12. Conduct analytical reviews of AFS (e.g., GP%, Inventory days, Creditors days, Debtors days).
13. Record books from insufficient records.
14. Produce draft financials according to generally accepted accounting practices.
15. Prepare notes to financial statements.
16. Identify provisions and contingent liabilities.
17. Calculate tax liability for various entities.
18. Engage in tax planning (e.g., fringe benefits and allowances).
19. Perform vouching tests during audits.
20. Calculate PAYE/UIF/SDL levies and VAT.
21. Complete statutory returns (e.g., UIF/SDL/PAYE/VAT).
22. Compile and discuss monthly management accounts with clients.
23. Complete tax returns for individuals, close corporations, trusts, and body corporates.
24. Identify shortcomings in internal controls and risks.
25. Review monthly files of junior to intermediate accountants.
26. Complete and review Management representation letters.
27. Qualify the report of an Accounting Officer.

Desired Experience & Qualification

• Interpersonal skills
• Strong communication skills (English/Afrikaans/Xhosa advantageous)
• Report writing skills
• Time management and organisational skills
• Supervisory skills
• Strong accounting, taxation, and auditing knowledge
• Ability to work under pressure in a deadline-driven environment

• Microsoft Office (Excel and Word)
• CaseWare
• Xero

Package & Remuneration