Independent Reviewer - Durban at BDO South Africa

Primary Purpose of the Job

The team actively manages a varied and dynamic range of engagement types, including annual accounting, compilations, and Independent Reviews. All parts of the BDO Annual work team use their skills, insight, and integrity to handle the appointed engagements to enable BDO to deliver sustainable growth. 

Actively participates in engagement teams, provides technical support to junior engagement staff in area of expertise. Assists Senior Accountant and management in application of processes in engagements to ensure compliance with the relevant standards and processes and advise on improvements identified in existing processes.

Main Duties and Responsibilities

• Develops and maintains the client relationship through communication, listening and responsiveness
• Ability to work in a team and independently
• Good communication skills, internal and external, both written and verbal
• Ability to travel in and around the greater Johannesburg (own transport or public)
• Assures quality and efficiency in engagement processes.

Execute planned assignments as part of a team on each engagement:

• Annual write-up of accounting records utilising the firms preferred software tool, i.e. Xero, SAGE Online, Pastel Partner
• Compilation Engagements in terms of ISRS 4410
• Independent Review Engagements in terms of ISRE 2400
• Accounting Officer Engagements in terms of Close Corporations Act
• Proposing journals to client (via Senior / Manager)
• Drafting AFS per IFRS and IFRS for SMEs (Intermediate level)
• Performing basic tax computations for companies, close corporations and trusts (including SBC’s, special allowances (s12C, s12E, etc)
• Managing own WIP and budgets on engagements with the assistance of the Senior / Manager
• Updating Senior and manager on progress of engagements
• Assist other staff members where needed
• Other duties as may be required in line with the position.

Implement and follow standard operating procedures and quality process manuals to ensure engagements meet the required standards. Provide feedback on areas of improvement

Identify cross-selling opportunities of other BDO services to current clients and reporting to management

Mentors junior staff and leads team in own area of expertise through on the job training and support.

Delivers clear and coherent messages to Management on quantitative issues and reviews

Attends required training

Recommend areas of training and development to senior staff

Requirements

Qualifications, Recognition of Prior Learning, Work Experience, and Knowledge

Qualifications/Recognition of Prior Learning equivalent

• Minimum:
  • B.Com Accounting Degree
• Advantageous:
  • Hons. B.Com (Accounting or CTA)

Work Experience

• 1 - 2 years’ experience

Knowledge

An understanding of:

• IFRS
• IFRS for SME’s
• ISRE 2400 (Revised)
• ISRS 4410
• Close Corporations Act
• Companies Act
• Trust Property Control Act
• Income Tax Act
• Value Added Tax Act

Other legislative and compliance requirements

Detailed knowledge of Caseware Working Papers

Microsoft Office Suite of Applications

Accounting software, i.e. Xero, Pastel

Competencies: Technical & Behavioural

Technical Competencies

• Analytical skills
• Financial and accounting skills
• Financial analysis & reporting
• Financial information compilation
• Financial information interpretation
• Financial systems knowledge
• Tax

Behavioural Competencies

• Ability to handle and manage stress
• Excellent interpersonal skills
• Management and leadership skills
• Problem Solving Skills
• Excellent planning and organisational skills

BDO Core Competencies

• Relationships and Collaboration
• Exceptional Client Service
• Business Growth
• Engaging people
• Leadership
• Quality, Risk management and Operational performance