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...