South Africa: Accountant posted by Staff Solutions

The Accountant is responsible for ensuring the accuracy, compliance, and efficiency of financial reporting and tax-related functions within the Company. This role involves the preparation and review of financial statements, tax computations, and management accounts, as well as supporting business structures and training initiatives.

Remote working option

Key Responsibilities

Financial Operations & Reporting

• Perform all assigned work accurately, within budgeted hours, and by set deadlines.
• Prepare working papers and reconciliations to support financial statements and special projects.
• Compile financial statements from trial balances and supporting documentation.
• Ensure financial statements adhere to applicable standards (e.g., IFRS for SMEs) and regulatory requirements.
• Draft financial statements using approved software or Excel, in accordance with internal SOPs.
• Complete provisional tax calculations for all group entities.
• Maintain and update dividend tax registers on an annual basis.
• Prepare documentation for company tax returns and review submissions before filing.
• Complete IT14SD returns using data from verified working papers.
• Review financial statements and working papers for completeness and compliance.
• Monitor monthly management accounts to ensure accuracy and reliability.
• Prepare cash flow statements, budgets, and management accounts for financial institutions when required.
• Manage SARS income tax audits as necessary.

Business Structures & Compliance

• Assist in implementing business structures, including aspects of tax, compliance, reporting, and estate planning.
• Ensure CPD hours are current for qualified accounting staff.
• Apply detailed knowledge of SAIPA logbook and trainee development.
• Contribute to achieving a 95% productivity target for non-administrative staff.

Process Improvement

• Develop and enhance accounting procedures to improve accuracy, consistency, and efficiency across processes.

Client & Team Collaboration

• Manage a portfolio of medium-sized clients, delivering high-quality service and support.
• Collaborate with internal and external audit teams to fulfill all auditing responsibilities.
• Communicate regularly with bookkeepers to ensure alignment and data accuracy.

Training & Development

• Train and mentor accounting trainees in accordance with the Company’s training standards and SAIPA logbook requirements.

Required Competencies & Qualifications

• Strong knowledge of applicable accounting standards, including IFRS for SMEs.
• Ability to prepare financial statements and tax calculations for a wide range of entity types, including:
  • Partnerships, farming operations, sole proprietors, companies, close corporations, estates, individuals, trusts, and schools.
• Relevant accounting degree and a SAIPA or equivalent professional qualification are required.