Financial Accountant (Junior) X2 at Hollywoodbets

• The successful candidate will be responsible processing of monthly journals, review of general ledgers, preparation of management accounts and relevant supporting performance measures which will be reviewed by the Senior Financial Accountant. Preparation of reconciliations on a monthly basis for all balance sheet accounts which will be reviewed by the Senior Financial Accountant and Group Financial Manager. Preparation of VAT recons with supporting schedules. Preparation of all schedules requested by the External Auditors and facilitating requests of documents during the audit. Assisting the Senior Financial Accountant in fulfilling his/her duties.

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:

• Microsoft Office experience.
• Pastel Evolution or Similar Accounting Software experience.

A Bonus To Have:

• Relevant Degree/Diploma.

What You’ll Do For The Brand:

• Financial metrics
• 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.

People

• 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.

What You’ll Bring To The Team:

• 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.