East London: Accounting Senior (Permanent)

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