Job Description
MAIN FUNCTIONS OF THE JOB INCLUDE:
Vat
- Calculates the monthly VAT (bi·monthly for Albaraka Properties (Pty) Ltd and Albaraka Financial Services (Pty) Ltd) payable to SARS.
- Prepares the monthly VAT schedule which is reviewed by the Finance Reporting Manager prior to submitting the VAT 201.
- Calculates VAT on the imported services.
- Calculated the Output VAT on Transaction Income.
- Ensures timeous payment of VAT to avoid interest and penalties.
- Records VAT in the general ledger in respect of Input VAT, Output VAT, VAT on Capital Expenditure, VAT on overseas services and VAT payments.
AIBaraka Bank subsidiaries
- Responsible for the managemen...