Overview
Financial Mgr Reporting Sunbet in Sandton
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Job Description
The Financial Manager Reporting: SunBet will be responsible for the effective day-to-day management of the SunBet finance team, financial controls, fiscal discipline with specific regard to achieving business profitability and improving financial operational standards.
Responsibilities and Key Performance Areas
- Align SunBet and Group Finance operations with the overarching financial strategy and budget
- Facilitate the delivery and achievement of key operational financial targets
- Identify and assess financial risks and opportunities to support strategic decision-making
- Assist the Commercial Manager in preparing board packs and supporting strategic initiatives, including the rollout of the SunBet BBBEE strategy
- Oversee accurate and timely financial reporting on projects and business initiatives
- Prepare and consolidate management reports across all SunBet group entities
- Conduct variance analysis on financial reports, identifying unusual trends against prior periods and budgets
- Analyse business results to identify key trends, ensuring realistic forecasts and data-driven decision-making
- Compile first-level forecasts and budgets by coordinating inputs from departmental heads
- Oversee financial accounting processes across SunBet group companies
- Stay current with IFRS changes and ensure timely implementation within the organisation
- Monitor compliance with internal financial procedures and controls
- Review tax returns for SunBet entities and prepare tax calculations where applicable
- Review balance sheet reconciliations to ensure accuracy and completeness
- Assist in the review of operating and capital expenses in line with delegation of authority
- Coordinate internal and external audits in partnership with the Commercial Manager
- Address audit findings and support the development of appropriate management responses
- Ensure documented Standard Operating Procedures (SOPs) are in place for all financial accounting functions
- Lead the development and implementation of a stock control SOP for marketing and promotional materials
- Oversee fixed asset management processes to ensure compliance and control
- Manage and allocate departmental resources to meet operational objectives
- Ensure staff competency levels align with operational requirements and role expectations
- Lead departmental communications, fostering effective engagement between employees and leadership
- Drive performance management and coach team members to meet KPIs
- Provide value-adding recommendations to optimize financial performance and operational efficiency
- Coordinate with Group Finance for new account setups and ensure accurate configuration
- Engage with relevant stakeholders to ensure financial systems and processes are properly integrated and functioning
Qualifications
- B.Com Honours with completed articles
- Registration with professional body (SAICA or CIMA)
Experience
- 10 years' experience in Finance
- At least 4 years' experience in a managerial position
- Experience in gaming finance
- Experience in financial ERP systems
- Strong understanding of financial regulations and the legislative environment
- Experience in Africa will be an added advantage
Skills & Knowledge
- Conceptualising
- Analytical skills (including attention to detail)
- 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
- 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
Equity
- Preference will be given to employees from the designated groups in line with the provisions of the Employment Equity Act, No. 55 of 1998, SISA internal recruitment policy as well as units employment equity plans.
POPI Statement
- Please note that when applying for any position, reference checks will be completed and personal information as defined in the Protection of Personal Information Act 4 of 2013 will be processed. In applying for this position, applicants will be deemed to have consented to such processing as defined in the included Privacy Statement.
- Please also note that if you have not been contacted within 1 month after the closing date of this advertisement, please accept that your application has been unsuccessful.