Senior Accountant Port Elizabeth

Senior Accountant

My client, a 2nd tier accounting firm based in the heart of Port Elizabeth, is looking for a Senior Accountant.

Duties & Responsibilities

Key Duties and Responsibilities :

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

Desired Experience & Qualification

Skills, Competencies and Experience Required :

Experience : Six years plus relevant accounting experience.

Required Computer Packages :

Package & Remuneration

R 25K - R33K CTC

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