Financial Accountant (Ibranch)

Hollywoodbets; Durban; On-site; ZAR 250 000 - 350 000; Full time

Job summary

A leading gaming company is seeking a Financial Accountant (iBranch) to join their team in Durban. This role includes processing monthly journals, preparing management accounts, and supervising junior accountants. The ideal candidate is studying towards a relevant qualification and has strong skills in Sage Evolution, Microsoft Office, and financial processes. This position offers an opportunity to contribute to financial metrics and compliance while working closely with management.

Qualifications

• Candidate should be studying towards a relevant degree or diploma.
• Strong understanding of IBranch operational and financial processes required.
• Experience with Sage Evolution or similar accounting software necessary.

Responsibilities

• Process monthly journals and prepare management accounts for IBranch.
• Review general ledger entries for accuracy.
• Supervise and mentor junior team members in financial processes.
• Prepare VAT reconciliations and assist in annual financial statements.
• Ensure payments to suppliers are accurate and timely.

Skills

Financial Accounting & Reporting

Variance & Performance Analysis

Taxation & Compliance

Audit Preparation & Support

Cashbook, Creditors & Debtors Management

Financial Control & Risk Management

General Ledger Management

Data Analysis

Variance Analysis

Excel Expertise

Education

Matric

Studying towards Relevant Degree / Diploma

Tools

Sage Evolution or Similar Accounting Software

Microsoft Office skills

Job description

Financial Accountant (iBranch)

Job Location : KwaZulu-Natal, Durban

Deadline : December 18

Responsibilities

We have an amazing opportunity for Financial Accountant (iBranch) to be based in our Umhlanga offices. Do you think you have what it takes to be our newest Purple Star?

The successful candidate will be responsible for processing monthly journals, reviewing general ledger entries, preparing management accounts, and compiling relevant performance metrics for review by the Junior Financial Manager.

Duties also include preparing monthly reconciliations for all balance sheet accounts, VAT reconciliations with supporting schedules, and audit-related schedules and documentation as requested by the external auditors.

Additionally, this role involves direct supervision and mentoring of junior team members and providing support to the Junior Financial Manager in fulfilling their responsibilities — all pertaining to Ibranch.

You Bring

Matric

Studying towards Relevant Degree / Diploma

Microsoft Office skills

Strong understanding of IBranch operational and financial processes

Sage Evolution or Similar Accounting Software

What You’ll Do for The Brand

Financial metrics

Review IBranch general ledgers to ensure cashbook and creditors capturing are correctly allocated and VAT correctly accounted for.

Capturing and posting monthly journals for IBranch.

Preparation of certain monthly IBranch management accounts allocated by the Junior Financial Managers.

Analytical review of the allocated IBranch accounts and provide commentary on variances.

Compile reports highlighting monthly fluctuations on key IBranch accounts – producing graphs.

Ensure IBranch management accounts are prepared timeously for review by the Senior Accountants and Junior Financial Managers.

Assisting in the preparation of annual financial statements.

Preparation of monthly IBranch Balance Sheet reconciliations in line with the monthly deadlines communicated by Management.

Review the journals, reconciliations, and cash books prepared by IBranch junior team members to ensure accuracy and compliance.

Processing non-routine transactions and complex transactions for IBranch.

Ensure that supplier payments are made in accordance with the terms specified in relevant agreements.

Review and approve payments submitted by creditors, ensuring their validity and accuracy to prevent any financial losses to the business.

Ensure that variances or discrepancies are investigated and reported accordingly.

Where escalations are required, to direct these to the relevant department and to your manager.

Ensure cashbook clerks, creditors and debtors meet their deadlines to allow sufficient time for review of all IBranch general ledgers before preparation of management accounts.

Assist with the preparation of VAT Recons and the review of VAT general ledger accounts, prepare Output and Input Reasonableness schedules and VAT reconciliation.

Assist with the preparation of Income Tax and Deferred Tax computations.

Review loans and creditors, reconciliations to external statements for IBranch.

Conduct data testing calculations, ensuring accurate transfer and validation from the internal database to external softwares.

Meet with the relevant HTUV distributors to resolve variances or any unpaid monies owed to the business in a timely manner.

Prepare all schedules required by External Auditors, Internal Auditors and BEE Auditors for IBranch.

Facilitate requests by auditors for documents required for substantive testing for IBranch.

Assist the Junior Financial Managers on ad hoc tasks related to IBranch.

Track performance and schedule review meetings with the Junior Financial Managers for IBranch.

Compliance, risk and quality

Comply with company policies and procedures.

Ensure logical saving of all IBranch work, templates, etc. monthly and yearly such that each year's financial records can stand on its own during audits.

Produce high-quality, neat, logical, formula-linked work / templates / workbooks / financial models for IBranch substantiated by facts.

Ensure final versions and other documents for IBranch are chronologically saved / backed up.

% compliance with COSACT, Tax Acts, IFRS / IFRS for SMEs and other laws / regulations relating to finance.

Preparation and quarterly updating of IBranch process write-ups.

Growth and new markets / products

Ensure measures are put in place and steps are taken to achieve IBranch short, medium, and long-term goals.

Perform ad hoc tasks as required for IBranch.

What You’ll Bring To The Team

• Financial Accounting & Reporting
• Variance & Performance Analysis
• Taxation & Compliance
• Audit Preparation & Support
• Cashbook, Creditors & Debtors Management
• Financial Control & Risk Management
• General Ledger Management
• Data Analysis
• Variance Analysis
• Excel Expertise

Apply Before 12 / 18 /

Accounting / Financial Services jobs