Seebasan Chetty

Experience

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  CPG Chartered Accountants (SA)

  Jan 2006 - Jan 2007

  Audit Clerk

  During the year at CPG Chartered Accountants Incorporated accounting and audit experience was gained in the private and public sector markets. As a result, the systems, assessment of controls and control weaknesses and the assessment of the resultant risks and solutions to address such weaknesses were some of the key areas dealt with. Some of the experience gained includes:Statutory Audits In Terms Of The Companies Act,Public Sector Audits For Department Of Correctional Services And The Ethekwini Municipality (Electricity Department),Tax Work• Completion of income tax returns for individuals, companies, close corporations and trusts.• Data capturing for various clients in relation to the preparation and completion of monthly VAT returns using Pastel.• Preparation and completion of monthly statutory returns for companies and close corporations - PAYE, UIF, SDL, WCA and RSC Levies.• Calculations of Provisional taxes and secondary tax calculations.Accounting Work:• Bank, Debtors and Creditors reconciliations.• Drawing up of Monthly Management accounts using the Report Writer on Pastel.• Preparation of Annual Financial Statements of companies, close corporations, partnerships and sole proprietors in accordance with Generally Accepted Accounting Practice.• Preparation of Fixed Asset Registers for various clients.• Processing of documents in an integrated system.• Data Capturing of client information from source documentation and the subsequent capturing of these documents on Pastel, from the initial source to the preparation of the monthly Vat 201’s to Financial Statement Finalization. Show less

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  Catto, Young and Lester Chartered Accountants Incorporated

  Jan 2007 - Nov 2007

  Audit Clerk

  • Statutory Audits in terms of the Companies Act, Financial Statement preparation for Close Corporations, Trusts, Partnerships, Sole Proprietors, Tax work on all the different business types.

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  New National Assurance Company Linited

  Nov 2007 - Feb 2012

  Senior Internal Auditor

  • Support the internal audit team in documenting, evaluating and improving the effectiveness of internal controls within the business.• Apply judgement and logical thinking through a risk based approach in the design of new audit programmes.• Documenting and updating system descriptions and flow charts.• Producing quality working papers that are correct, valid and comprehensive which supports any findings raised.• Ensure that all deficiencies identified in the working papers have been carried through to the findings and communicated to management on a timely basis.• Effectively analyse the root cause in relation to the findings raised and formulate practical recommendations that could enhance the effectiveness and / or efficiency of the area being audited.• Ensure that follow-up internal audit work is conducted with the same amount of care and diligence as the internal audit field work. Show less

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  L&R Secretarial and Financial Services

  Feb 2010 - Mar 2012

  Head of Accounting

  • Process items from source documentation onto Pastel such as invoices, bank statements and any other relevant documentation.• Prepare valued added taxation on a monthly basis for various client bases including the subsequent completion and submission of the Vat 201 to The South African Revenue Service.• Preparation of Annual Financial Statements for Companies, Close Corporations, Partnerships, Non-Profit Organisations and Sole Proprietors and the subsequent signing off, of the Annual Financial Statements for Close Corporations, Partnerships and Sole Proprietors.• Payroll preparation and calculation of the monthly pay as you earn and unemployment insurance fund deductions and the subsequent completion and submission of the EMP 201 as well as the EMP 501 on a bi-annual and annual basis.• Preparation of income tax schedules for companies and individuals including tax computations as well as the subsequent completion and submission of the IT14 and IT12 to The South African Revenue Service as well as any supporting schedules that may be required.• Liaise with the South African Revenue Service as well as External Auditors of various clients and providing them with any information that is required.• Preparation of balance sheet reconciliation items on a monthly basis such as, debtors’ reconciliations, creditors’ reconciliations, bank reconciliations and vat reconciliations.• Design, evaluate and setup of Internal Controls for various client bases.• Preparation of Working Paper Files for various client bases as well as external auditors.• Preparation of various documentation required by The South African Revenue Service in terms of any audit, that they are conducting on my clients.• Prepare management accounts on a monthly basis detailing any variances and documenting variances on reports with explanations detailing the reasons for the variances.• Preparation of cash flow analysis for various client bases as well as projected cash flow statements. Show less

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  Edge Evolve Group

  Mar 2012 - now

  Financial Manager

  • Oversee and manage the group’s financial responsibilities.• Oversee, mentor and train junior staff in the Finance Team.• Preparation and submission of all statutory and compliance matters and returns for the group with the relevant tax bodies and regulatory bodies which include, SARS, DOL and CIPC.• Preparation and completion of the audit working paper files for the group and the submission of the audit working paper file to the auditors.• Preparation of the Annual Financial Statements for the group.• Preparation of Management Accounts for all the companies on a monthly basis for the group.• Liaise with Auditors and provide them with explanations regarding any matters when they are conducting the audits.• Manage and oversee balance sheet and income statement reconciliations on a monthly basis for the group.• Completion and submission of the director’s personal income tax returns with supporting schedules on an annual basis.• Evaluate and test internal controls on an annual basis for the group.• Prepare cash flow statements and projected cash flow statements on a monthly basis for the group.• Prepare and the present financial budgets for the group on an annual basis.• Maintenance and custodian of the Fixed Asset Register and the petty cash for the group.• Preparation, submission and calculation of provisional taxes for the group on a bi-annual basis.• Assist Chairman and CEO with financial decision making.• Evaluate and report on decisions regarding take-overs of the other entities. A full due diligence audit is completed.• Preparation of payroll for over 130 employees and the releasing of payment.• Oversee and manage debtors and creditors.• Presentation of reports to the Executive Committee on a quarterly basis.• Responsible for all administration matters.• Assist and work closely with Human Resources in regards to all employment and labour related matters which includes preparation and on-going support for BBBEE Audits. Show less

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  GTC (Pty) Ltd (Previously known as Grant Thornton Capital)

  Apr 2019 - now

  Finance Manager