Internal Control Accountant - Umhlanga at Hollywoodbets

You Bring:

• Computer literate. (MS Word, MS Excel and PowerPoint).
• Valid driver’s license.
• 4 years practical auditing/accounting experience.
• completed SAICA Articles.

A Bonus To Have:

• Completed or studying towards auditing will be advantageous.
• Pastel Evolution Knowledge.

What You’ll Do For The Brand:
 

Financial Metrics/Operational Duties

• Work closely with the relevant senior accountant(s) and Group iBranch Accountant.
• Collect and analyse data to detect reconciliation weaknesses and identify key and residual risks.
• Ensure all transactions are accounted for in Pastel and reconciled.
• Reconciliation of Mobile Vouchers and ensuring adequate controls are implemented to safeguard the company against financial loss.
• Reconciliation of Tax2/Tax3 Data to ensure accuracy of gambling tax payments.
• Maintain and enhance daily, weekly and monthly reconciliations.
• Implementing controls for third party integrations and ensuring transactions are auditable.
• Escalate client debit balances and 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 and available prior to new product deployment (data, tax, balances report and balancing the account reports). Where there are deviations to this notification of senior management is required.
• Oversee the deployment of new reconciliation software and/or related processes.
• 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.
• Support the group ibranch account regarding the maintenance of the risk register.
• 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 photos on the designated software.
• Summarise the detailed daily findings on the designated software and submit a daily report to the Group retail accountant and Group Risk and Finance Manager.
• Effectively deal with internal, external, SARS, NCA and BEE auditors.
• Promote declaration of all gifts and report suspicious requests to clear queries from departments responding to queries.
• To escalate a single shortage of R2k or greater to the Group ibranch Accountant and or Group Risk and Finance Manager
• Promote declaration all conflicts of interest upfront.
• Promote a culture of confidentiality within the business with regards to the protection of personal information.
• Promote a culture of compliance with FICA and AML regulations with regards to reporting of suspicious transactions.
• Ensure all personal information of loan applicants and suppliers and other stakeholders is not shared and is maintained in a secure environment.
• 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

• Key supplier relationship management.
• 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.