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
We have an amazing opportunity for Financial Accountant (iBranch) to be based in our Umhlanga offices. Do you think you have what it takes to be our newest Purple Star?
The successful candidate will be responsible for processing monthly journals, reviewing general ledger entries, preparing management accounts, and compiling relevant performance metrics for review by the Junior Financial Manager.
Duties also include preparing monthly reconciliations for all balance sheet accounts, VAT reconciliations with supporting schedules, and audit-related schedules and documentation as requested by the external auditors.
Additionally, this role involves direct supervision and mentoring of junior team members and providing support to the Junior Financial Manager in fulfilling their responsibilities — all pertaining to Ibranch.
You Bring:
Matric
Studying towards Relevant Degree/Diploma
Microsoft Office skills
Strong understanding of IBranch operational and financial processes
Sage Evolution or Similar Accounting Software
What You’ll Do for The Brand:
Financial metrics
Review IBranch general ledgers to ensure cashbook and creditors capturing are correctly allocated and VAT correctly accounted for.
Capturing and posting monthly journals for IBranch.
Preparation of certain monthly IBranch management accounts allocated by the Junior Financial Managers.
Analytical review of the allocated IBranch accounts and provide commentary on variances.
Compile reports highlighting monthly fluctuations on key IBranch accounts – producing graphs.
Ensure IBranch management accounts are prepared timeously for review by the Senior Accountants and Junior Financial Managers.
Assisting in the preparation of annual financial statements. Preparation of monthly IBranch Balance Sheet reconciliations in line with the monthly deadlines communicated by Management.
Review the journals, reconciliations, and cash books prepared by IBranch junior team members to ensure accuracy and compliance. Processing non-routine transactions and complex transactions for IBranch.
Ensure that supplier payments are made in accordance with the terms specified in relevant agreements.
Review and approve payments submitted by creditors, ensuring their validity and accuracy to prevent any financial losses to the business. Ensure that variances or discrepancies are investigated and reported accordingly. Where escalations are required, to direct these to the relevant department and to your manager.
Ensure cashbook clerks, creditors and debtors meet their deadlines to allow sufficient time for review of all IBranch general ledgers before preparation of management accounts.
Assist with the preparation of VAT Recons and the review of VAT general ledger accounts, prepare Output and Input Reasonableness schedules and VAT reconciliation.
Assist with the preparation of Income Tax and Deferred Tax computations.
Review loans and creditors, reconciliations to external statements for IBranch.
Conduct data testing calculations, ensuring accurate transfer and validation from the internal database to external softwares. Meet with the relevant HTUV distributors to resolve variances or any unpaid monies owed to the business in a timely manner.
Prepare all schedules required by External Auditors, Internal Auditors and BEE Auditors for IBranch.
Facilitate requests by auditors for documents required for substantive testing for IBranch.
Assist the Junior Financial Managers on ad hoc tasks related to IBranch.
Track performance and schedule review meetings with the Junior Financial Managers for IBranch.
Compliance, risk and quality
Comply with company policies and procedures.
Ensure logical saving of all IBranch work, templates, etc. monthly and yearly such that each year’s financial records can stand on its own during audits.
Produce high-quality, neat, logical, formula-linked work/templates/workbooks/financial models for IBranch substantiated by facts.
Ensure final versions and other documents for IBranch are chronologically saved/backed up.
100% compliance with COSACT, Tax Acts, IFRS/IFRS for SMEs and other laws/regulations relating to finance.
Preparation and quarterly updating of IBranch process write-ups.
Growth and new markets/products
Ensure measures are put in place and steps are taken to achieve IBranch short, medium, and long-term goals.
Perform ad hoc tasks as required for IBranch.
What You’ll Bring To The Team:
Financial Accounting & Reporting
Variance & Performance Analysis
Taxation & Compliance
Audit Preparation & Support
Cashbook, Creditors & Debtors Management
Financial Control & Risk Management
General Ledger Management
Data Analysis
Variance Analysis
Excel Expertise
Apply Before 12/18/2025
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