Junior Accountant

Initiate International; South Africa; On-site; ZAR 400,000 - 600,000; Full time

Job summary

Initiate International, based in Cape Town, is looking for an Accountant to join their expanding finance team. This is a critical role ensuring financial accuracy in a high-paced sportsbook environment. You will manage financial records, support payment processes, and handle reconciliations, contributing to overall compliance and performance.

The ideal candidate should have relevant accounting qualifications, 3-5 years of experience, and the ability to thrive in a detail-oriented, fast-moving company.

Qualifications

• 3-5 years experience in bookkeeping or junior accounting.
• Exposure to the iGaming, Sportsbook, or online gaming sector.
• Solid understanding of reconciliations, revenue recognition, and financial controls.

Responsibilities

• Maintain accurate financial records and general ledger postings.
• Perform daily, weekly, and monthly reconciliations across bank accounts and payment service providers.
• Support the accounts payable and accounts receivable processes.
• Capture, review, and reconcile betting platform transactions and related revenue streams.
• Assist with month-end and year-end close activities.
• Prepare and submit VAT returns.
• Provide reporting support and financial data insights to management.
• Assist with audit preparation.

Skills

Bookkeeping

Reconciliations

Attention to detail

Financial controls

Excel proficiency

Education

Relevant qualification in Accounting or Finance

Tools

Xero

Sage

Pastel

Job description

Job Description

A fast-growing sportsbook operator in Cape Town is expanding its finance team and is looking for an Accountant who thrives in a high-volume, regulated, and performance-led environment. This is not a role for someone who wants to simply process numbers and move on. It is an opportunity to step into a business where financial accuracy, control, and discipline are critical to daily operations. In the world of sportsbook and iGaming, every transaction matters, every reconciliation counts, and every reporting line needs to stand up to scrutiny. If you understand the mechanics behind betting transactions, payment provider reconciliations, revenue capture, and financial compliance, this role offers the chance to build your career in one of the most fast‑paced sectors in the market.

The Opportunity

As the Accountant, you will play a key role in supporting the finance function and maintaining transactional accuracy across the sportsbook ecosystem. You will work closely with the wider finance team to ensure betting platform activity, payment flows, bank reconciliations, and VAT obligations are accurately recorded and controlled. This is a role for someone who is detail‑driven, commercially aware, and confident working in an environment where speed and precision go hand in hand.

What You’ll Be Doing

• Maintain accurate financial records and general ledger postings
• Perform daily, weekly, and monthly reconciliations across bank accounts and payment service providers
• Support the accounts payable and accounts receivable processes
• Capture, review, and reconcile betting platform transactions and related revenue streams
• Assist with month‑end and year‑end close activities
• Prepare and submit VAT returns in line with relevant requirements
• Provide reporting support and financial data insights to management
• Assist with audit preparation and support engagement with external auditors where required
• Help maintain strong internal controls within a regulated gaming environment

What We’re Looking For

• 3-5 years experience in bookkeeping or junior accounting
• Exposure to the iGaming, Sportsbook, or online gaming sector
• Relevant qualification in Accounting or Finance
• Solid understanding of reconciliations, revenue recognition, and financial controls
• Experience using accounting packages such as Xero, Sage, Pastel, or similar
• Strong Excel skills
• Based in Cape Town

Who You Are

• Highly organised with strong attention to detail
• Deadline-driven and able to work with pace and accuracy
• Trustworthy, discreet, and professional in your approach
• Analytical, with strong problem‑solving ability
• Comfortable in a fast‑moving, entrepreneurial business
• Able to work confidently in a regulated, high‑accountability environment

Why Join?

This is a chance to join a scaling sportsbook business at a pivotal stage of growth. You will sit close to the financial engine room of the operation and play a meaningful role in protecting accuracy, supporting compliance, and helping the business perform at a high level. For someone who enjoys working with detail, thrives under pressure, and wants to build a career in a commercially sharp iGaming environment, this role offers real opportunity.

Cape Town-based candidates only.

Working Place

Cape Town, Western Cape, South Africa