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 a Financial Manager (Junior). Do you think you have what it takes to be our newest Purple Star?
The successful candidate will be responsible for effective financial and management control of one or more entities within the Group. The responsibilities include supervision and training of support staff within the finance function (such as Creditors, Debtors, Bookkeepers, Finance Admin Clerks, Interns, Junior Financial Accountants and Financial Accountants); production of budgets; monitoring and implementation of financial controls, including monthly reconciliations to ensure all accounting transactions are processed. The successful incumbent will also be responsible for internal and external reporting (such as monthly management accounts and annual financial statements), including commentary on results; tax management, reconciliation of VAT and income tax; and will serve as a liaison between Operations and their respective Managers on results on a monthly basis on results.
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: MS Office suite.3 years' Commercial experience.Completed Bcom/CIMA degree.Experience working with Pastel Evolution or Similar Accounting Software. What You'll Do For The Brand: Financial metrics: Oversight over preparation of annual budgets and working with FM and Group FM to finalise approvals.Set monthly deadlines for all team members for management accounts, working paper files, VAT, etc.Review and submit monthly management accounts including analysis/commentary.Review of high-risk balance sheet reconciliations and overall monthly working paper files.Review of monthly VAT reconciliations.Review and approval of payments, together with accurate capturing of invoices in the accounting system, ensuring IFRS and tax compliance.Review and/or prepare quarterly reports for board and risk and finance committee meetings.Review of year end working paper files for external audit purposes.Liaise with external auditors during interim and year end audit to ensure all queries are responded to.Liaise with the various departments and regional/operational managers to ensure efficient reporting.Review and approve non routine transactions (depreciation, impairments, provisions, finance costs/income, discounting, management fees, administration fees etc.).Review and approve payroll reconciliations and team payments.Enforce thorough review and timeous settlement of inter-company trade accounts, loan accounts, shareholder loans, bank loans, bank facilities, creditors, SARS (Income Tax, PAYE, VAT) in line with agreed payment terms.Drive continuous improvement in supplier terms.Identify control weakness, design internal controls and implement.Maintain fixed asset and wear and tear registers.Review and approve adequate reassessment of useful lives, depreciation methods and residual values for tangible and intangible assets quarterly.Review and approve the profit and loss on asset disposals.Review and approve stock count variances.Review and approve petty cash expenses count variances and required top up.Ensure that all inter-company balances are reconciled monthly.Assist the BEE project team to ensure the improvement and sustenance of the various companies BEE score. Review procurement within the entities and ensure we meet the required targets. Ensure that updated BEE Certificates are kept on file for audit purposes.Support the Financial Manager and Group FM with specific projects and reports and data extractions.Work with other Junior Financial Managers on group wide initiatives and processes to align.Review of the group betting taxes.Review and oversight of all new products/platforms.Any ad hoc tasks. People: Living HW values of Service Excellence, Commitment, Integrity, Accountability, Enthusiasm, Ubuntu and Innovation.Direct supervision and mentoring of the Finance team.Create and maintain roles and job descriptions and KPIs for your direct report subordinates, including annual performance reviews.Attend to disciplinary issues which include PIP's, warnings and hearings.Sourcing, attendance and performance of training as and when needed for staff.Adequate recognition of staff efforts.Sustainable morale and team building initiatives.Recruitment and related interviews.Talent retention.Succession planning (through effective mentoring and counselling).Promote declaration of all gifts and non-acceptance of kickbacks. Instances to be reported immediately.Promote declaration all conflicts of interest upfront.Promote a culture of confidentiality within the business with regards to the protection of personal information.Ensure all personal information of loan applicants and suppliers and other stakeholders is not shared and is maintained in a secure environment. Compliance, risk and quality: Attend necessary training sessions.Maintain department process write-ups/ system descriptions and annual 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.Ensure the above (final version) and other documents are chronologically saved/backed up and appropriately named. What You'll Bring To The Team: Strong sense of accountability.Demonstrate good time management skills.Demonstrate initiative and good problem-solving skills.Portray good people management and leadership skills.Ability to work under pressure and produce quality results. So, are you ready to level up, learn, and perform at your best? Apply now!
Please be advised that should you not be contacted within 30 days, kindly consider your application to be unsuccessful.
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