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East London: Senior Accountant posted by Profile Personnel

Job Description

About the Role

As a Senior Accountant at Profile Personnel, you will be responsible for providing high-quality accounting services to our clients. This role involves supervising client information processing, performing bank reconciliations, and maintaining accurate financial records. You will also be expected to prepare tax returns, complete statutory returns, and assist with payroll preparations.

Key Responsibilities

  • Supervise and initiate the processing of client information
  • Perform bank reconciliations
  • Process and reconcile Petty Cash and cash control accounts
  • Keep a fixed asset register
  • General journals (e.g. depreciation, provisions, interest, salaries, stock)
  • Process journal entries (e.g. new instalment sale agreements, interest on borrowings, provisions, accruals of income and expenses, bad debts)
  • Reconcile debtors and creditors statements
  • Correct accounting treatment on disposal of assets (property, plant & equipment) and investments and the calculation of 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 notes for financial statements
  • Calculate 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 clients re payment of the above returns.
  • Preparations of payroll.
  • Issuing of IRP5s and IT3s 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

Requirements

  • Accounting Qualification
  • Experience in an accounting practice environment

Qualifications

No formal education or certifications are required for this role.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Accountant Jobs in Eastern Cape

The Eastern Cape is home to a diverse range of industries, including financial services sector, technology industry, and manufacturing sector, which often employ accountants. Typically, these roles involve providing financial management, planning, and analysis services to clients or internal stakeholders. Generally, the demand for skilled accountants remains strong in the region due to the growth of small businesses and multinational corporations operating in the area.

In terms of salary expectations, accountants in Eastern Cape can typically expect a range of R600 000 to R1 200 000 per annum, although this figure can vary greatly depending on factors such as experience, company size, and industry sector. For example, senior accountants or those working for large multinational corporations may earn higher salaries than entry-level positions or those in smaller companies. It’s also worth noting that performance-based bonuses and benefits packages can significantly impact overall remuneration.

Common skills required for accountant roles include proficiency in financial software such as Xero, Sage, or QuickBooks; strong analytical and problem-solving skills; attention to detail; excellent communication and interpersonal skills; and a solid understanding of tax laws and regulations. Typically, accountants must also possess a strong work ethic, be able to manage multiple projects simultaneously, and demonstrate adaptability in a fast-paced environment.

The financial services sector is often a common employer of accountants in Eastern Cape, as it requires skilled professionals to manage financial transactions, prepare financial statements, and ensure compliance with regulatory requirements. The technology industry also frequently hires accountants to oversee financial planning, budgeting, and forecasting, while manufacturing companies may require accountants to track inventory levels, manage costs, and optimize production processes.

In terms of career development, accountants in Eastern Cape can typically expect opportunities for advancement within their current organization or to pursue senior roles in related fields such as management accounting, forensic accounting, or auditing. Typically, professionals with experience working in industry may be more competitive in the job market than those new to the field, while continuing professional development and obtaining relevant certifications (such as CIMA or ACCA) can also enhance career prospects.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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Posted in Jobs in Border-Kei, Jobs in East London, Jobs in Eastern Cape, Jobs in South Africa

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