Description of Duties
He/she is responsible to perform a variety of accounting, bookkeeping, tax and financial tasks
To obtain all necessary financial information from doctors/surgeries on an annual basis in order to compile annual financial statements and tax calculations on Draftworx and Excel
To prepare routine journal entries and post financial transactions
To provide accurate accounting, reconciling and clerical assistance to the accounting department
To reach monthly deadlines (internal & external)
To provide assistance and support to internal company personnel
To add value to the department
To perform any ad hoc tasks assigned to him/her
Obtaining complete information from assigned portfolio of doctors:
Responsible to obtain all information as described in the standard operating procedures to compile annual financial statements, inter alia:
Trial balance and General ledger as at year end
Creditors statements as at year end
Obtain explanation of unfamiliar expenses
Petty cash and bank statements as at year end
Debtors / Turnover
Property portfolio balances
Salaries (obtaining information pertaining to bonuses / increases / cycle of salary year)
VAT returns, statements and reconciliations
Ad hoc working papers – this includes light stone reports, deed of sales etc.
Compilation and planning of financial statements and tax calculations
Set up or roll over new CaseWare folder and obtain needed
Import of trial balance, general ledgers and all other working papers
Calculation of depreciation, wear and tear allowances and deferred tax calculations
Reconciliation of debtors and provision for bad debts
Reconciliation of bank and petty cash accounts
Reconciliation of creditors and provision for creditors
Reconciliation of VAT and turnover accounts
Reconciliation of payroll
Reconciliation of bonds which also includes provision for finance and banking costs
Calculation of taxation payable/ (refundable)
Getting final financial statements ready for review and sign off.
Calculating of provisional tax
Management of payroll, tax and filing clerks.
Assist with any queries in any of the accounting departments.
Ad hoc and admin tasks
Any ad hoc tasks as assigned by upper management from time to time.