- Durban
- Salary: Market Related
- Job Type: Permanent
- Sectors: Accounting Hospitality
- Reference: 115256
Vacancy Details
Employer: Hollywoodbets
Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that’s just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let’s reach for the stars.
We have an amazing opportunity for an Internal Control Accountant to be based in Umhlanga, Durban. Do you think you have what it takes to be our newest Purple Star?
The successful candidate will be responsible for developing a strong control environment for the iBranch operation and ensuring all transactions are auditable to ensure the validity and accuracy of transactions. The ideal candidate will need to adapt procedures when required (system upgrades, new products/integrations) and ensure their relevance to support accurate reconciliations safeguarding the business against financial loss.
With Hollywoodbets You Will:
Innovate and create as part of a like-minded, authentic Team eager to achieve goals.
Embrace challenges and the thrill of working in a vibrant and fast-paced industry.
Grow with our development plans and culture that allows you to further your career.
You Bring:
- 2 years practical auditing/accounting experience
- Valid driver’s license
- Computer literate skills
A bonus to have:
- Completed or studying towards auditing will be advantageous
- Pastel Evolution Knowledge
What You’ll Do For The Brand:
- Financial Metrics/Operational Duties
- Work closely with the relevant senior accountant(s) and Group iBranch Accountant.
- Collect and analyse data to detect reconciliation weaknesses and identify key and residual risks.
- Ensure all transactions are accounted for in Pastel and reconciled
- Reconciliation of Mobile Vouchers and ensuring adequate controls are implemented to safeguard
- the company against financial loss.
- Reconciliation of Tax2/Tax3 Data to ensure accuracy of gambling tax payments.
- Maintain and enhance daily, weekly and monthly reconciliations
- Implementing controls for third party integrations and ensuring transactions are auditable.
- Escalate client debit balances and reconciliation variances that have not been cleared within the
- standard operating procedures/timeframe
- Work closely with the development and operational teams to test interactions and new products.
- Ensure supporting financial records are accurate and reliable and available prior to new product
- deployment (data, tax, balances report and balancing the account reports). Where there are
- deviations to this notification of senior management is required.
- Oversee the deployment of new reconciliation software and/or related processes
- Ensure daily reconciliation signoffs are performed by the team on the nominated software
- Support junior staff and assist with the resolution and escalation of variances
- Submit a daily report summarising key aspects of the daily sign offs
- Identify and rectify weaknesses within procedures, processes, policies and related internal control
- frameworks
- Continuously look to improve efficiency and effectiveness through ongoing learning/development
- and new techniques
- Perform consulting activities and ad hoc assignments as they arise
- Ensure deadline is met for relevant tasks
- Timeous and accurate reporting of findings with material value or material risk
- Working on new projects
Compliance, risk and quality
- Creating, maintaining and enforcing company policies and procedures
- 100% compliance with health and safety regulations (where applicable)
- Compliance with relevant laws and regulations relating to iBranch operations
- Support the group ibranch account regarding the maintenance of the risk register
- Intense focus on quality with regards to communication, capturing, documentation etc
- Maintenance of department process write-ups/ system descriptions and quarterly updating
- 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/recons - 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.
- Ensure Monthly recons are finalised and saved with supporting photos on the designated software
- Summarise the detailed daily findings on the designated software and submit a daily report to the
- Group retail accountant and Group Risk and Finance Manager.
- Effectively deal with internal, external, SARS, NCA and BEE auditors
- Promote declaration of all gifts and report suspicious requests to clear queries from departments
- responding to queries
- To escalate a single shortage of R2k or greater to the Group ibranch Accountant and or Group Risk
- and Finance Manager
- Promote declaration all conflicts of interest upfront
- Promote a culture of confidentiality within the business with regards to the protection of personal
- information
- Promote a culture of compliance with FICA and AML regulations with regards to reporting of
- suspicious transactions.
- Ensure all personal information of loan applicants and suppliers and other stakeholders is not
- shared and is maintained in a secure environment.
- Stay abreast with changes in the relevant industry and changes to relevant Acts/Regulations
- Ensure that relevant IBranch Policies, Procedures, Manuals and training manuals are maintained
- and updated accordingly
- Ensure that various iBranch templates/forms/agreements/ T&Cs are maintained and updated
- accordingly
Growth and new markets/products
- Key supplier relationship management
- Source new products/innovations/robotics/artificial intelligence/predictive analysis
- Development of existing products/software
- Ensure that measures are put in place and steps are taken to achieve short term, medium term,
- long term goals
- Assist with company projects or lead company projects as allocated from time to time
What You’ll Bring To The Team:
- Good facilitation and presentation skills
- High attention to detail
- Good communication skills
- Demonstrate high energy, enthusiasm and motivation in execution of work.
- High sense of accountability towards work
- Administration and coaching skills
- Proficient in training methodologies and soft skills
So, are you ready to level up, learn, and perform at your best? Apply now!
Please note that only applicants who meet the stipulated minimum requirements will be considered.
If you have not been contacted within 30 days, kindly consider your application to be unsuccessful.
7 people have applied for this job. 298 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.
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