Dear Sir/Madam
I am an experienced Accountant with over 10 years of experience. I completed my Bachelor of Accounting Science degree with UNISA. I was registered for Honors (CTA Level 1) with UNISA. I await my results due to outstanding fees. I am passionate about all aspects of accounting/finance/tax. I have a vast amount of knowledge and experience in accounting, auditing and tax.
I am a member of the South African Institute of Chartered Accountants as an Associate General Accountant – AGA (SA) and a registered Tax Practitioner with SARS.
In summary my expertise are as follows:
Taxation:
- Monthly tax submissions and calculations (Vat, PAYE, UIF, SDL)
- Evaluating taxes (income tax, withholding taxes, capital gains tax, vat, payroll taxes)
- Company income tax calculations and ITR14 submissions
- Individual income tax calculations and ITR12 submissions
- Trust taxation
- Donations tax
- Lodging objections
- Tax directive applications
- E-filing
- EMP501 reconciliations
- Sound knowledge of the income tax Act
Accounting:
- Capturing of data up to general ledger and trial balance
- Capturing of supplier/customer invoices
- Reconciliations (debtors & suppliers and bank reconciliations)
- Payroll
- Preparing annual financial statements
- Consolidations (preparing group financial statements including disclosures)
- Preparing budgets and consideration of actual figures vs budgeted figures. Obtain explanations for adverse variances and evaluate the reasonableness thereof and give recommendations.
- Perform analytical reviews for prior period financial figures vs current period financial figures.
- Analyze the variances.
- Sound understanding of International Financial Reporting Standards (IFRS)
- Evaluating whether an entity applies the correct accounting framework consistently
- Evaluating accounting policies
- Understanding of the Companies Act and King Report
- Stock counts & obtain reasons for variances.
- Preparation of cashflow statements
- Calculation of ratios. Interpreting the ratios and recommendations.
- Preparation of income statement, differentiating between product costs, period costs, variable & fixed costs
- Monthly management accounts
Auditing:
- Compliance audits
- Obtaining an understanding of an entity’s system descriptions & controls.
- Designing & performing audit procedures to verify and confirm that activities are performed in terms of the system description.
- Designing & performing audit procedures to verify that controls are implemented, and they do function as intended. As well as evaluating the adequacy of controls.
- Risk identification and assessment
- Designing audit programs
- Planning the audit
- Liaising with various stakeholders
- Preparing audit reports and management reports
- Auditing the various aspects of the financial statements
I have been exposed to various industries and business environments. This has offered me the opportunity to adapt to change, understand a specific client’s industry and business environment.
I would appreciate the opportunity of using this knowledge, and my natural passion for financial matters, to become a motivated member of your team.
I can work under pressure. I am deadline driven. I am very analytical and have attention to detail. I like being part of a team.
I believe I will be a valuable addition to your company. I enclosed my resume for your perusal and hope that if you have any questions that require clarification you will not hesitate to contact me.
I would greatly appreciate the opportunity for an interview.
Yours Sincerely
Lorato Elaine Louw
