11.05.2024
Financial Accountant: Betway
Digital Outsource Services
South Africa, Cape Town
Kick-start your career in the online gaming world and experience the very latest in technology and innovation. The Department: We are a dynamic and diverse group of individuals working together in a fast-paced environment, with the sole aim of accurate and useful financial information. As the Finance department, we deliver timeously to the senior management and shareholders of the organisation, to assist with their decision-making processes in driving the business. Purpose of the Role: This role reports into the Finance Manager: Betway and is responsible for accounting for all gaming transactions, reconciliations and reporting for the client gaming operations and related entities. Duties include, but not limited to: Financial reporting: 1. Monthly management reports Check to ensure that data is posted correctly by product, region, platform, brand and event name. Reconcile gaming data imported into NAV to the *** Reconciliation Report and Player Activity Report. Match all open items in gaming-related vendors and customers, excluding cash-in and purchase control balances. Investigate anomalies and open items timeously. Run weekly open item reports and follow up on long outstanding items. Calculation of usage fees and rebates and checking that this agrees to the terms of the contract. Posting all invoices, accruals and prepayments. Posting all intercompany and intergroup billing. Run depreciation. Run FX. Proactively resolve any queries raised. 2. Analytical reporting Ensure that all relevant data is split by product, region, platform, brand and game, where appropriate. Preparation of monthly income statement with relevant commentary. Corporate Governance: 1. Audits Preparation of internal and external audit files. Liaise with other contributors to ensure completeness of all audit files. Liaise with the manager regarding all queries from the external auditors. Resolve queries from external auditors in a timely manner. 2. Tax management and compliance Preparation of gaming tax and gaming VAT calculations per region.. Prepare all gaming-related reporting for annual returns, Regulatory reports etc. for all gaming entities. Reconciliation of all VAT and tax vendors and matching to ensure submission and payments to the authorities have been timeously made. Ensure all calculations are submitted for review in a timely manner. Funds and Assets Management: 1. Cash flow Run vendor open items reports weekly and request payment of open items due for payment. Check cash available for required payments. Ensure timeous supplier and intergroup payments. Prepare weekly payments, ensuring that the correct amounts and suppliers are paid. Robust and critical systems and controls: 1. Policies and procedures Assist in the drafting of process notes detailing how and why monthly tasks are performed to ensure business continuity. Financials staffing: 1. KPI management Effectively work as a team with relevant team members. Effectively communicate to manager and team members to ensure key deliverables are met on time and potential problems escalated. Communicates clearly and effectively at all levels; both internally and externally. Effectively feeds information to required members of the team to ensure all important updates are shared appropriately. Manages other's expectations appropriately and proactively communicates any potential problems. Bi-annual setting of objectives. Ad hoc: Other ad hoc duties as may be required from time to time. Areas of responsibility: All gaming accounting processes and reporting for the Betway brand up to Variable Operating Contribution. Essential Requirements: B.Com finance degree or related qualification. Minimum 5 years experience in a similar role. Advanced Excel experience. Demonstrates consistent behaviour aligned to the Organizational Performance&Culture. Advantageous Requirements: Experience in Navision. Completed SAIPA or SAICA articles. Person Specifications: Accountability and execution Adaptability and flexibility Effectiveness and delivery Initiating action Organization and planning Communication Building relationships Team orientation *Please note we will apply relevance to our Talent Management and Talent Development Programme as part of our recruitment process. *Shortlisted candidates may need to complete an assessment. This position requires trust and honesty it has access to customers financial details - therefore a credit and criminal record check will be conducted. The qualifications identified herein are an inherent job requirement; therefore, a qualification verification check will be done. By applying for this role, and supplying the necessary details, you hereby grant us permission to apply for these checks. This will be done in a confidential manner, and solely for the purposes of verification. Should you not hear from us within 2 weeks, please deem your application as unsuccessful. The perfect place to work, play and grow! #J-18808-Ljbffr
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