Independent Reviewer – Audit

Purpose of the role:

• Independent reviews of companies that do not require audits
• Compilation of financial statements of companies and close corporations
• Compilation of financial statements of related entities (personal, trusts, etc.)

Duties and responsibilities:

• Compile annual financial statements for individuals, trusts, close corporations, and companies, perform independent reviews, and attend to all related administration requirements:
• Gather client information.
• Draft financial statements and provide accounting assist
• Prepare working paper files.
• Resolve review queries from Partner and do final entries as per Partner’s finalization.
• Provide accounting assistance and pass adjusting entries to bring accounting records to a level where financial statements can be prepared in accordance with the relevant accounting framework.
• Process and reconcile annual transactions from source documents.
• Calculate and account for income tax and deferred tax.
• Prepare tax computations for individuals, trusts, close corporations, and companies.
• Preparation of budget; control of targets to ensure monthly targets are met.
• Liaising and dealing with Clients, Supervisors, and Partners on their expectations and requirements.
• Assess the needs of new clients.

Minimum Requirements:

• Recognized B.Com Accounting / Financial qualification.
• Membership of Professional Body (e.g. SAIPA / SAICA).
• 1 – 2 years post-article experience in an accounting/auditing environment.
• Experience in performing independent reviews.
• Proficiency in MS Office with good working knowledge of Excel and Pastel.
• Caseware proficiency essential, including drafting of financial statements in Caseview.
• Proficient in the application of IFRS for SME.
• Experienced in preparation of Company, Close Corporations, Trusts, Sole Proprietors, and personal financial statements.
• Proficient in providing accounting assistance and passing adjusting journal entries to take accounting records to financial statement level.
• Proficient in calculating tax (including deferred tax) for companies, close corporations, trusts, sole proprietors, and personal financial statements.
• Ability to operate independently with limited technical guidance.