Website Hollywoodbets
Hollywoodbets have been revolutionising betting within South Africa since 1999 and we are currently making inroads further into Southern Africa. As a frontrunner in our industry we are always finding new ways to give our customers the best betting experience. Our sports betting site features a la… read morerge variety of events and markets to bet on, with expert betting support both online and in store. We offer local and international horse racing betting, an extensive range of sports betting from soccer to American Sports as well as our fantastic Lucky Numbers international lottery offering. Betting is offered 365 days a year. We are also proud to provide live betting with our Live In-Play and Betgames Africa options. After opening our first branch in Durban in the year 1999 we took the leap and joined the online community with the launch of our website www.hollywoodbets.net in 2006. Our mobisite www.hollywoodbets.mobi was created soon after that in 2009 as the business expanded. Hollywoodbets now has over 80 branches spread across six of South Africa’s provinces as well as one branch in Mozambique. Additionally, we provide our customers with a variety of betting platforms including USSD betting, via our Phone-A-Bet call centre, the mobisite and website as well as the feature phone application. Our values include service excellence, commitment to achieving our objectives, ubuntu, integrity, innovation, enthusiasm and accountability, and they underpin everything we do. For that reason we believe in investing in our team, and we’ve seen many people rise through the ranks. Hollywoodbets strongly believes in investing in the communities that we operate in, and we support charitable organisations and grassroots sports teams around SA on an annual basis. For more on the Hollywoodbets My Community Programme please visit our dedicated sites http://csi.hollywoodbets.net/ and http://sponsor.hollywoodbets.net/.
Responsibilities
Financial metrics
Review of general ledgers to ensure cashbook and creditors capturing are correctly allocated and VAT correctly accounted for.
Capturing and posting of monthly journals.
Preparation of monthly management accounts.
Preparation of performance measures relevant to the management accounts.
Analytical review of all accounts and provide commentary on variances.
Compiling reports highlighting monthly fluctuations on key accounts – producing graphs.
Ensure the management accounts are prepared timeously to ensure there is adequate time for review by the Junior Financial Manager.
Preparation of annual financial statements.
Responsible for binding the final pack of management accounts which will be reviewed by the Senior Accountants and Group Financial Manager.
Preparation of monthly balance sheet reconciliations by deadline communicated by the Junior Financial Manager.
Ensure routine transactions (expenses, asset purchases, cash book entries, sales etc.) are processed timeously by subordinates.
Processing of non-routine transaction (depreciation, impairments, provisions, finance costs/income, discounting, lease straight-ling, management fees, administration fees etc.) and complex transactions
Ensure correct capitalization of assets vs expensing repairs/maintenance or expensing items that will be consumed within one month.
Ensure the cashbook clerks, creditors and debtors meet there deadlines which will allow sufficient time for review of all general ledgers before the preparation of management accounts.
Review VAT general ledger account, prepare Output and Input Reasonableness schedules and VAT reconciliation which will be reviewed by the Junior Financial Manager for the period which it’s due.
Review and approve all loan, creditors, facility, instalment sales reconciliations to external statements
Process accruals (test estimation accuracy by reference to trends and comparison of actual results to previous estimates).
Process monthly standing debit orders (rent, insurance, telephone, subscriptions etc.).
Assist the Junior Financial Manager in the preparation of Budgets.
Prepare all schedules required by the External Auditors, Internal Auditors and BEE Auditors.
Facilitate requests by External Auditors, Internal Auditors and BEE Auditors for documents required for substantive testing.
Assist the Junior Financial Manager on ad hoc tasks which will enable him/her to fulfill their duties.
Tracking performance and scheduling performance review meetings with the Group Financial Manager.
Compliance, risk and quality
Comply with company policy and procedure.
Ensure logical saving of all work, templates, etc. monthly and yearly such that each year’s financial records can stand on its own when enquiries/ investigations/audits take place.
Produce high quality, neat, logical, succinct, easy to follow, easy to understand, formula linked work/templates/workbooks/financial models – of which is substantiated by facts with no numbers in the formulas.
Ensure the above (final version) and other documents are chronologically saved/backed up.
100% compliance with COSACT, Tax acts, IFRS/IFRS for SMEs and other laws/regulations relating to finance.
Preparation of to department process write-ups/ system descriptions and quarterly updating.
Growth and new markets/products
Ensure measures are put in place and steps are taken to achieve the short term, medium term and long term goals.
Ad hoc tasks as required.
Growth and new markets/products
Ensure measures are put in place and steps are taken to achieve the short term, medium term and long term goals.
Ad hoc tasks as required.
Qualifications
Microsoft Office
Pastel Evolution or Similar Accounting Software
Apply Before 10/31/2025
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