Withdrawals Reconciliations Manager at Hollywoodbets

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:

•  Completed matric with English and Mathematics
•  Must be computer proficient
•  Must have a valid driver’s license
•  Must be proficient in Microsoft
•  4 years practical auditing /accounting experience

Bonus to have:

•  Completed or studying towards finance
•  Own Transport

What You’ll Do for The Brand:
Financial Metrics/Operational Duties

•  Work closely with the withdrawals team and the audits team to resolve queries.
•  Collect and analyse data to detect reconciliation weaknesses and identify key and residual risks.
•  Ensure all transactions are accounted for in Accurate and reconciled
•  Maintain and enhance daily, weekly and monthly reconciliations
•  Escalate client 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. Where there are deviations to this, notification to senior management is required.
•  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
•  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 notes on the designated software
•  Summarise the detailed daily findings on the designated software and submit a daily report to the business
•  Promote declaration of suspicious requests to clear queries from departments responding to queries
•  To escalate shortages to the Commercial Manager
•  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 company bank information and client personal information is kept secure and not disclosed
•  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

•  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