Financial Accountant Role at HollywoodBets โ€“ Apply Now!

Full-time

HollywoodBets

Job Details

๐Ÿข Company: Hollywoodbets
๐Ÿ“ Location: Durban, KwaZulu-Natal (On-site)
๐Ÿ’ผ Job Category: Finance & Accounting
๐Ÿ•’ Job Type: Full-Time
โณ Closing Date: 18 December 2025
๐Ÿ†” Job ID: 901


About Hollywoodbets

Hollywoodbets is one of South Africaโ€™s most recognisable and fast-growing brands, known for expanding rapidly from its Durban roots to markets across Africa and the United Kingdom. As part of the Hollywoodbets Purple Team, employees enjoy a dynamic, innovative, and high-performance culture where continuous development is encouraged.

The iBranch Finance Team plays a critical role in overseeing financial accuracy, operational controls, and compliance for a high-volume, fast-paced digital environment.


Role Overview

The Financial Accountant (iBranch) will manage full accounting functions for the iBranch division, including journal processing, management accounts preparation, reconciliations, VAT reviews, audit schedules, and supporting financial controls. The role also includes supervising and mentoring juniors while supporting the Junior Financial Manager with operational and strategic finance responsibilities.

This position is based at the Hollywoodbets Umhlanga offices.


Key Responsibilities

Financial Metrics & Accounting Oversight

  • Review iBranch general ledger entries to ensure correct classification, VAT application, and data integrity.

  • Capture and post all monthly journals for iBranch, including non-routine and complex transactions.

  • Prepare monthly iBranch management accounts, ensuring accuracy and timely submission to Senior Accountants and Junior Financial Managers.

  • Conduct analytical reviews and provide commentary on account variances and financial performance.

  • Compile fluctuation reports and visual performance insights, including monthly graphs on key accounts.

  • Prepare annual financial statement schedules, supporting audits and year-end reporting requirements.

Reconciliations & Compliance

  • Prepare monthly balance sheet reconciliations in alignment with management deadlines.

  • Review reconciliations and cashbook processes prepared by junior clerks to ensure accuracy.

  • Oversee supplier payment processing, ensuring validity, accuracy, and compliance with contractual terms.

  • Investigate and escalate variances, discrepancies, disputes, or outstanding balances.

  • Prepare VAT reconciliations, Output/Input reasonableness tests, and review VAT-related ledger transactions.

  • Assist with Income Tax and Deferred Tax working papers and computations.

  • Review loan and creditor positions, validating balances against external statements.

Audit Coordination

  • Prepare audit schedules and documentation for External, Internal, and BEE auditors.

  • Coordinate requests from auditors, supplying documents for substantive testing and review.

  • Ensure proper year-end file structures and supporting documentation that meet audit expectations.

Data Analysis & Validation

  • Conduct data testing and validation to ensure accurate information transfer between internal databases and external software systems.

  • Engage with HTUV distributors to resolve operational discrepancies or outstanding balances.

Team Leadership & Support

  • Supervise junior team members, review their work, and ensure deadlines are consistently met.

  • Provide ongoing training, support, and guidance to enhance team performance.

  • Collaborate with Junior Financial Managers on various ad hoc projects and operational improvements.

  • Track performance indicators, schedule review meetings, and assist with strategic alignment initiatives.

Risk, Quality & Process Management

  • Ensure all work is completed in accordance with company policies, COSACT, IFRS/IFRS for SMEs, and other applicable financial legislation.

  • Maintain high-quality financial models, templates, and monthly files with proper backup and chronological saving.

  • Draft and update quarterly process write-ups for iBranch.

  • Identify operational risks and implement corrective measures where necessary.

Growth & Innovation (iBranch Focus)

  • Contribute to short-, medium-, and long-term financial goals for iBranch.

  • Participate in business improvement initiatives and support the introduction of new products or processes.

  • Execute additional responsibilities as required by management.


Minimum Requirements

  • Matric

  • Studying towards a relevant Accounting Degree or Diploma

  • Strong understanding of iBranch financial and operational processes

  • Microsoft Office proficiency (Excel essential)

  • Experience with Sage Evolution or similar accounting software


Preferred Competencies

  • Financial Accounting & Reporting

  • Variance and Performance Analysis

  • Taxation & Compliance Knowledge

  • Audit Support and Documentation

  • Cashbook, Creditors, and Debtors Management

  • Reconciliations and General Ledger Management

  • Risk Management and Control

  • Strong Excel and Data Analysis Ability


CV Application Tipsย 

1. Emphasise core accounting experience
Include month-end close, journals, management accounts, VAT, and reconciliations.

2. Highlight systems proficiency
Sage, Evolution, Excel, ERP systems, and financial modelling tools.

3. Showcase leadership or supervisory experience
List mentoring roles, review responsibilities, or team coordination tasks.

4. Provide quantifiable achievements
Examples: reduced recon backlogs, improved management account timelines, or improved audit findings.

5. Tailor your CV to match the iBranch model
Include experience in high-volume financial environments, digital payments, or fast-paced finance teams.

6. Present structured and audit-ready experience
Demonstrate strong organisational skills and compliance awareness.

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