Financial Analyst
Global ASP (Pty) Ltd
Total years of experience :13 years, 4 months
and Responsibilities:
Monitoring and proactive maintenance
Providing first line support
Providing training to clients
Assist with the documentation and implementation of policies and procedures
Responsible for specific projects
Technical documentation
Support and analysis of administration software
Analysis of financial and administration software
Mapping revenue and expense accounts
and Responsibilities:
Assisting in the audit of SAQA and CCMA
Property plant and equipment
Intangible assets
Consultants compliance
Grap checklist
Payroll
Expense
Operating leases
Inventory
Supply chain management
and Responsibilities:
Drafting Annual Financial Statements and Consolidated Annual Financial Statements.
Review of Accounting policies and notes to the Annual Financial Statements to ensure compliance with accounting framework.
Preparing Audit File.
Quality control of Annual Financial Statements and working papers,
Supervising the accounting process.
Initiating and effecting journal entries.
Company valuations.
Tax computations.
Analysis of financial information
Duties and Responsibilities:
Accounting:
• Initiating and effecting journal entries.
• Perform reconciliations between control accounts and subsidiary ledgers as well as
between subsidiary ledger accounts and third party statements.
• Apply correct treatment to transactions in terms of IFRS.
• Preparation of audited annual financial statement.
• Reconciliation of VAT and Income Tax accounts to SARS documentation.
• Perform income tax calculation for accounting purposes.
• Performing deferred tax calculation for accounting purposes.
• Preparation of fixed asset register.
• Ensuring that goods that are imported are translated at the correct rate to the
reporting currency and vat is treated correctly
Management Accounting:
• Preparation of audit budgets.
• Performing financial statement analysis.
• Performing ratio analysis for deviation from the norm.
• Ensuring costs are assigned to products correctly.
Taxation:
• Preparation and review of VAT returns.
• Preparation and review of Income tax returns.
• Review of EMP201.
• Calculating taxable income of company.
Auditing:
• Planning the audit engagement.
• Developing an overall audit plan and strategy.
• Performing substantive audit testing.
• Performing test of controls.
• Supervise and regularly review planned audit test conducted by juniors.
• Provide performance feedback to juniors.
• Communicate audit findings to the audit partner.
• Drafting letter to management summarizing audit findings, highlighting
weaknesses, consequences of weaknesses and recommendations on addressing
the weaknesses.
• Managing auditing team on a day to day basis to ensure audit progresses as
planned in regards to scope, budget and time.
• Performing analytical reviews with financial information to identify risks and
deviations from what was expected.
• Identify weaknesses in the client’s internal control system and recommend ways
of improving the system.
Main subjects Accounting Auditing Managerial Finance and Cost Accounting Taxation