Financial Accountant: Betway at DigiOutsource

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.

Financial Reporting

Duties include, but not limited to:

• 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 Casino 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.
• 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

• 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.
• 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

• 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

• Policies and procedures
• Assist in the drafting of process notes detailing how and why monthly tasks are performed to ensure business continuity.

Financials Staffing

• 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 3 years experience in a similar role.
• Advanced Excel experience.
• Demonstrates consistent behaviour aligned to the Organizational Performance & Culture.

Advantageous Requirements

• Experience in Navision.

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.