ACCOUNTANT – AFS AND REPORTING

B.Com.m Degree /B.Tech.:: Accounting; 2 – 3 years’ experience in preparation of financial statements, accounting and reporting, VAT and CaseWare. Knowledge of Municipal Financial Management Act (MFMA); GRAP Standards; be able to work underpressure and, meet deadlines, must be analytical and be able to work independently. Understand excel based reports.

Implement financial procedures, systems and controls associated with the submission of reports in line with the Municipal Finance Management Act and Treasury Regulations. Providing guidance to personnel on the interpretation of procedures, application and communication sequences associated with the financial management cycle. Ensure compliance with the provisions of the MFMA, Council policies, treasury regulations and accounting standards; Monitoring appropriate controls by verifying, alidating, and where required submitting financial records and transactions processed; Perform monthly VAT reconciliation schedule to ensure that it reconcile to the GL account on the system; Reconcile the vat control account to ensure that it reconcile to SARS Account; Capture VAT 201 returns monthly and submit to SARS on time; Review invoices to ensure compliance with applicable VAT legislations; Handle VAT related queries from SARS; Assist with the preparation of the monthly, quarterly and annual GRAP compliant financial statements; Assist with the preparation of disclosure notes that reconciles with the financial statements; Prepare the working papers and supporting schedules; Perform the month end closures of financial records; Reconciling mSCOA general ledger (GL) accounts to ensure accuracy of posting; Post system accounting journal entries (e.g., depreciation, impairment, accruals, prepayments, and amortizations); Collate information and supporting documentation for audit file on a monthly basis; Assist with the implementation of the audit action plan; Follow-up all un-reconciled accounts to ensure they are cleared timeously; Prepare monthly, quarterly, mid – year and annual reports / returns and submit to stakeholders on time; Attend to related queries, enquiries and correspondence. Implement financial procedures, systems and controls associated with the submission of reports in line with the Municipal Finance Management Act and Treasury Regulations. Providing guidance to personnel on the interpretation of procedures, application and communication sequences associated with the financial management cycle. Ensure compliance with the provisions of the MFMA, Council policies, treasury regulations and accounting standards; Monitoring appropriate controls by verifying, alidating, and where required submitting financial records and transactions processed; Perform monthly VAT reconciliation schedule to ensure that it reconcile to the GL account on the system; Reconcile the vat control account to ensure that it reconcile to SARS Account; Capture VAT 201 returns monthly and submit to SARS on time; Review invoices to ensure compliance with applicable VAT legislations; Handle VAT related queries from SARS; Assist with the preparation of the monthly, quarterly and annual GRAP compliant financial statements; Assist with the preparation of disclosure notes that reconciles with the financial statements; Prepare the working papers and supporting schedules; Perform the month end closures of financial records; Reconciling mSCOA general ledger (GL) accounts to ensure accuracy of posting; Post system accounting journal entries (e.g., depreciation, impairment, accruals, prepayments, and amortizations); Collate information and supporting documentation for audit file on a monthly basis; Assist with the implementation of the audit action plan; Follow-up all un-reconciled accounts to ensure they are cleared timeously; Prepare monthly, quarterly, mid – year and annual reports / returns and submit to stakeholders on time; Attend to related queries, enquiries and correspondence.

cdm.org.za