Financial Manager SA Ops (Services)
The Financial Manager SA Ops (Services) will be responsible for the financial management of a number of African entities and reports into the Head of Finance SA Ops. This role ensures that all results and the financial position of the relevant entities are accurately reported on. The position ensures the smooth day-to-day running and oversight of the African team to ensure that all data is correctly posted, up to date and reconciled.
Your drive and ideas will help move faster, improve smarter, and stay ahead of the game. The role involves taking ownership of work that gives a competitive edge, including monthly management reports, analytical reporting, board reporting, audits, tax management and compliance, regulatory requirements, transfer pricing governance, contract management, fund and asset management, cash flow management, CAPEX review, and ensuring robust systems and controls.
This role also involves managing the financial accounting team, including KPI management, structure maintenance, and providing guidance, mentoring, and support to direct reports. Other ad hoc duties may be required from time to time. The area of responsibility includes trial balance management of all entities.
- Review monthly management accounts including income statement and variance analysis and documentation of all commentary.
- Review all balance sheet and related monthly reconciliations.
- Review all Trial balances to ensure completeness of the accounts.
- Approval of all journal entries in the accounting system.
- Maintenance of Monthly Financial Reporting Index.
- Review of open items reports to ensure that all open transactions are reconciled, documented and queries resolved timeously.
- Review of monthly aging reports to ensure all creditors paid and customers collected timeously.
- Prepare the Monthly reconciliation of accounting and gaming data to Group Reports.
- Ensure all standardization of reporting and schedules across all entities.
- Review all Monthly Product and Regional income statements.
- Provide summaries of all highlights to the Senior Finance Manager for income statement, balance sheet and open items.
- Review and resolve Country Manager queries.
- Preparation of financial data required for Board Reports.
- Work closely with the Statutory team in Co-ordinating of audits and attending to audit queries timeously.
- Review of all team prepared internal and external audit reconciliations and clearing of all queries.
- Review of all statutory calculations including Gaming tax, Gaming VAT, Indirect Taxes, Corporate Tax, annual returns, statutory reports etc. for all gaming entities.
- Review of all statutory returns including income tax, annual returns, VAT, Indirect Taxes, In-country reports, etc. for all gaming entities.
- Manage onboarding of new Gaming entities, Regions and Products (all accounting and reporting), and that all Financial Regulatory requirements are met.
- Ensure that the Project team is aware and understands all Finance and Gaming-related requirements.
- Ensure that all Intercompany and Intergroup billing complies with the Group’s Transfer Pricing policy.
- Internal billing and contract management.
- Review Internal billing on a regular basis to ensure that it remains practical and relevant.
- Ensure all contracts are up to date and on file and recorded on the contract matrix.
- Obtain new contracts for new billing or changes required.
- Ensure termination agreements are received, filed and recorded on the contract matrix.
- Take ownership of annual forecasts.
- Update and maintain rolling forecasts.
- Review forecast variance analysis and obtain explanations.
- Escalate any unusual variances.
- Run weekly Open Item Reports for all entities, query long outstanding items and request feedback on why suppliers are not being paid or customers collected.
- Review and approve weekly payments, ensuring that the correct amounts and suppliers are paid.
- Release of payments on Online banking platforms.
- Ensure timeous supplier and intergroup payments.
- Review of Fixed Asset Registers and ensure accounting is in accordance with Group policy.
- Ensure short-term insurance contracts are adequately maintained and updated.
- Ensure any internally generated assets have been capitalized in the accounting records on the go live date and appropriate amortization has been applied.
- Ensure that Navision, TM1 and other systems operate effectively and efficiently for responsible companies.
- Investigate and recommend solutions to improve operational efficiencies in the team.
- Liaise with BI to ensure that the transactional data received is relevant, accurate, complete and received on time.
- Ensure that all accounting is in line with the Group’s accounting policies and procedures.
- Draft process notes detailing how and why monthly tasks are performed to ensure business continuity.
- Escalate and motivate any resource requirements to the Group Finance Manager.
- Day to day management of the financial accounting team.
- Co-ordinate functions in the team to ensure that all team members are working effectively and able to deliver reporting on time.
- Ensure best business practice is embedded across all processes and functions.
- Undertake bi-annual team appraisals and performance development reviews.
- Ensure team key deliverables are met on time and accurately.
- Provide guidance, mentoring and support to all direct reports to ensure the team is working efficiently and coherently.
- Bi-annual setting of team objectives.
- Manage all stakeholder expectations appropriately and communicate any potential problems.
- Other ad hoc duties as may be required from time to time.
- Clear, confident communication (written and verbal), and the ability to breakdown complex ideas (required)
- A collaborative mindset, working smoothly with cross-functional teams to hit shared goals (required)
- Strong organisational skills and the ability to manage multiple projects without dropping the ball (required)
- Exceptional attention to detail and a commitment to high-quality work (required)
- Adaptability – you stay sharp, productive and positive in fast-moving environments (required)
- High numerical skills, well organised and deadline driven personality (required)
- In-depth knowledge of sports betting markets, including odds calculation, betting types and market trends (nice-to-have)
- Previous experience in the online gaming or casino industry, with a strong understanding of player behaviour and industry regulations (nice-to-have)
- Familiarity with gambling regulations and compliance requirements in various jurisdictions, ensuring adherence to legal standards (nice-to-have)
- Supergrowth learning and development programmes
- Performance tool for feedback and development
- Employee Assistance Programme for you and your family
- Medical Aid
- Life Insurance
- Income Protection
Betway Africa is the African arm of Betway, the sports-betting and online-casino brand owned by Super Group (SGHC), a holding company listed on the New York Stock Exchange. Operating since 2006, it delivers sports betting and casino products - including the Jackpot City, Lucky Nugget and Ruby Fortune brands - across markets such as South Africa, Ghana, Nigeria, Zambia, Tanzania, Malawi and Mozambique. The division employs more than 1,000 people, with offices in Johannesburg and Cape Town. It covers functions spanning marketing, technology, finance and customer care for Betway's African operations.