Our Financial Services
SJ Wilson Financial Consultancy service packages are specially designed to fit the individual requirements of each client. The financial services we can offer include:
Our Financial Services
SJ Wilson Financial Consultancy service packages are specially designed to fit the individual requirements of each client. The financial services we can offer include: WORK WITH US
Cash Management
Cash management services, including budgeting, creditors and debtor management and reporting services.
Bookkeeping
Using Pastel platform subject to client requirements using either cloud-based SageOne, Pastel Partner, or Pastel Evolution for larger clients. These services include maintenance of bank accounts, reconciliation and payment of creditors, maintenance of an imprest petty cash system, all monthly data input, journals and production of monthly management accounts.
Fixed Asset registers are maintained in terms of the legislative requirements.
Financial Management
Preparation of monthly management accounts, budgets and reforecasts prepared together with management and draft annual financial statements. Cash flows are maintained to optimise the interest-earning potential of client money. Client management work closely with either SJ Wilson or their appointed liaison accountant on all matters relating to the financial management of the organisation.
Taxation
This financial service includes completion of individual, corporate and trust tax returns. In addition we attend to the resolution of disputes, regarding both income tax and VAT, with the South African Revenue Services.
Outsourced CFO
SJ Wilson Financial Consultancy provides an outsourced CFO function in terms of which clients can cost-effectively benefit from the expertise of an experienced Chartered Accountant.
Payroll Management
Processing of monthly payroll, annual IRP5’s, leave management, PAYE, UIF, SDL, COIDA compliance services and Medical Aid and Pension/Provident Fund Management. Payroll are processed either on the NGA system or Pastel payroll, and salaries are paid directly into staff bank accounts. All returns for PAYE, UIF, SDL, COIDA, Medical Aid, and Pension/Provident Fund are reconciled and paid monthly. Leave records are maintained on the payroll system.
SJWFC can source medical aid and pension/provident funds.
Body Corporate Management
SJ Wilson has completed the UCT courses in Sectional Title Law and Home Owner Association Law presented by Paddocks. This technical knowledge coupled with strong financial management expertise allows SJWFC to service Body Corporates ensuring compliance with the Sectional Titles Legislation, CSOS and SARS requirements.
Statutory Returns & Records
SJ Wilson Financial Consultancy is registered with the CIPC. All records required by statute e.g. fixed assets register are maintained. We perform all statutory functions with respect to companies, including amendment of Directors, etc. Trust amendments are filed with the Master of the High Court, so these are completed by an affiliated attorney.
All annual CIPC returns for all companies are filed by SJWFC.
Investment of Funds
As part of our investment of funds service, we can perform a real-time treasury function for clients, through our agency relationship with Nedbank Limited.
SJWFC clients benefit from the volume of the combined transactions of other clients as a result, with regards to Interest rates.
Reserve Bank
SJ Wilson Financial Consultancy can manage and perform forex payments, as well as manage and advise on forward cover requirements.
Placing Insurance
We are able to manage the insurance requirements of clients, or both the assets of clients and cover for disability and lives of employees, if needed.
SJWFC would then process all insurance claims on behalf of clients.
SARS Services
SJ Wilson Financial Consultancy completes all returns required by the South African Revenue Service (SARS), including: VAT, PAYE and IRP5 recons, and liaising with SARS on any contentious issues. Registrations for these taxes are completed where necessary.
Bi-annual provisional tax and annual tax returns are completed, and as a registered Tax Practitioner SJ Wilson is in a position to deal directly with SARS’s Tax Practitioner Centre to resolve issues
Systems Advice
Through application of our vast industry experience, we can provide consultancy services on the quality of client financial systems, policies, and procedures.
Specialist Turnkey
This includes provision of project-specific turnkey solutions, financing of assets, capital raising, acquisitions, disposals, and inter-company arrangements.
Ad-hoc Consultancy
SJ Wilson Financial Consultancy also provides ad-hoc consultancy tasks, including short listing and interviewing for accounting positions, training, and advice on structuring staff salary packages.