Financial Accountant - Sunbet at Sun International

Job Purpose: 

• The Financial Accountant: Sun Bet will be responsible to supervise and participate in the preparing, management and delivery of financial, transactional and accounting processes (budgets, forecasts), the reconciliation of expenses, and the reporting of financial accounts for Sun Bet, its subsidiaries and associate companies in line with Company standards, regulations and legislation, with specific regard to streamlining costs and improving financial operating and compliance standards.

Job Requirements

Job Scope and Responsibilities: 

• Complete monthly accounting activities and reporting for SunBet departments to ensure the financial performance and position of the company is accurate, up-to-date and complete
• Monitor accounts to ensure that all charges and expenses, including intercompany, have been accounted for accurately and timeously.
• Compile, monitor and review monthly, quarterly and annual Budgets and forecasting reports for Sun Bet
• Track expenses in line with budgets; and ensure these are accurately accounted for; investigating unusual variances relative to budget and previous year
• Prepare and upload monthly accruals and adjustment schedules
• Prepare monthly financial reports with relevant commentary.
• Review of Weekly/Monthly Gaming taxes and Gaming Transactions
• Cash Flow management
• Create and update budget and forecast templates for all cost centres, intercompany and project charges
• Support HODs in compiling annual budgets, quarterly forecasts & controls within stipulated deadlines
• Consolidate departmental budgets into a budget for SunBet to be approved and uploaded into the ERP system
• Make value-add recommendations for cost savings, based on financial information and evaluating proposed projects
• Co-ordinate month-end and year-end activities
• Co-ordinate internal and external financial audits
• Supervise the daily functions of the accounts team, resolve escalated issues and provide coaching support
• Conduct gaming specific reconciliations, investigations and/or internal control execution.
• Review of transactions processed by SSC for accuracy and correct allocation
• Complete annual financial statements
• Monitor the processing of  manual payments to Shared Services Centre (SSC)
• Monitor and manage the financial processing of Africa entities
• Assist SSC with accruals at month-end as well as preparation and review of reconciliations
• Request invoices to be created from SSC and distribute to debtors
• Monitor bank balances and request bank transfers between accounts where required
• Manage administration of fixed assets including disposals, scrappings, impairments, re-evaluations of fixed assets
• Review financial and compliance risks quarterly and address mitigating and aggravating circumstances.
• Monitor all query workflows from SSC and ensure they are routed to the correct department, responding to first line queries where appropriate.
• Monitor the  purchase requisitions and purchase order processes for Sun Bet.
• Monitor the receipting of purchase orders and submission of invoices for payment
• Monitor the e expense claims and credit card processing for Sun Bet
• Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
• Document and update SunBet financial SOP’s, and supervise that practice is aligned
• Monitor and capture data and information for BBBEE aligned to audit processes
• Provide financial and administrative support to SunBet’s commercial manager as is required for adhoc projects
• Document and update a grad programme for SunBet finance including deliverables to guide activities and performance
• Supervise the SunBet financial graduate programme providing coaching and advice on tasks and performance of grads

Skills and Knowledge:

• Conceptualising
• Analytical skills (including attention to detail)
• Influencing Skills
• Managing Risks, Results and Relationships
• Decision-making
• Emotional Maturity
• Ability to handle pressure and meet deadlines
• Knowledge of statutory legal and tax requirements
• Strong technical knowledge including IFRS developments
• Strong knowledge of accounting systems
• Financial reporting
• Computer Proficiency in MS Office (Advanced Excel); Cognos or similar, IFS (advantage)
• Business acumen
• Numerical skills (calculations)
• Full understanding of the budgeting and forecasting process
• Keep abreast of new developments in the financial and tax fields

Education:

• B.Com Accounting or Finance Management
• Post graduate qualification is an advantage

Experience:

• 6-8 years' experience in an accounts or financial management position. 
• Experience in gaming finance will be an advantage.
• Experience in financial ERP systems.
• Strong understanding of financial regulations and the legislative environment.