- Umhlanga
- Salary: Market Related
- Job Type: Permanent
- Sectors: Hospitality Finance
- Reference: 106986
Vacancy Details
Employer: Hollywoodbets
- Microsoft Office experience.
- Pastel Evolution or Similar Accounting Software experience.
- Relevant Degree/Diploma.
- Review of general ledgers to ensure cashbook and creditors capturing are correctly allocated and VAT correctly accounted for.
- Capturing and posting monthly journals.
- Preparation of monthly management accounts.
- Preparation of performance measures relevant to the management accounts.
- Ensure the management accounts are prepared timeously to ensure there is adequate time for review by the Senior Financial Accountant.
- Preparation of annual financial statements.
- Responsible for binding the final pack of management accounts which will be reviewed by the Group Financial Manager.
- Preparation of monthly balance sheet reconciliations by deadline communicated by the Senior Financial Accountant.
- 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 Senior Financial Accountant 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 goods in transit to the goods in transit liability account based on risk and rewards associated with various shipping terms and reconcile to the goods in transit stock account.
- Preparation of listing where orders are matched to DN and follow up on unfilled orders to ascertain completeness of stock/creditor.
- Preparation of the calculation of short-term portions and ensuring reliable data sheets are maintained monthly.
- Process monthly standing debit orders (rent, insurance, telephone, subscriptions etc.).
- Assist the Senior Financial Accountant in the preparation of Budgets.
- Assist the Senior Financial Accountant with the quarterly mini audit.
- 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 Senior Financial Accountants on ad hoc tasks which will enable him/her to fulfill their duties.
- Process credit notes.
- Performance must be tracked by yourself and the onus is on you to set up 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 - 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 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.
- Assist with company projects from time to time.
- Ability to take accountability and entail great problem-solving skills.
- Excellent people management and relationship management skills.
- Must be results driven.
- Must be deadline orientated.
Please note that only applicants who meet the stipulated minimum requirements will be considered.
23 people have applied for this job. 219 people have viewed this job.
About Hollywoodbets
At Hollywoodbets, we believe that everyone should be treated like a STAR. Whether they are in one of our retail branches or online in the comfort of their own home, all our customers get the larger-than-life Hollywood experience, glitz, glamour and world-class entertainment. But behind the success of every Hollywood Star, is a dedicated and hard-working Team, who strive for success.
Born and bred on the sunny coast of Durban, our brand has expanded beyond our 90 branches to offer state-of-the-art online, telephonic and mobile betting platforms on a global scale.
Our success is driven by our Purple Team who pride themselves on first-class customer service while working together to go beyond the limits, ensuring that we are the bookmaker of choice in South Africa, Mozambique, Kenya, Ireland and the UK.
Being a part of our Team also means being associated with sporting stars like the Hollywoodbets Dolphins, Cell C Sharks as well as Premiere League football club, Brentford FC. Team Members can take pride in being part of a company that has naming rights to the Hollywoodbets Kingsmead cricket stadium, Hollywoodbets Kings Park rugby stadium and racecourses such as Hollywoodbets Greyville, Hollywoodbets Scottsville, Hollywoodbets Kenilworth and Hollywoodbets Durbanville.
More Jobs at Hollywoodbets
Training Facilitator
- Cape Town
- Job Type: Permanent
- Posted 23 Sep 2024 | 30 Days left
Financial Accountant (Senior)
- Umhlanga
- Job Type: Permanent
- Posted 23 Sep 2024 | 38 Days left
Team Leader
- KwaZulu-Natal
- Job Type: Permanent
- Posted 23 Sep 2024 | 7 Days left
4x Betting Clerks – Western Cape
- Cape Town
- Job Type: Permanent
- Posted 23 Sep 2024 | 30 Days left