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Jobs / Hollywood Bets / Fixed Asset Assistant
Posted 2026-09-03

Fixed Asset Assistant

Description

The fixed asset assistant position is accountable for guiding the acquisition of fixed assets, tagging of fixed assets, tracking existing fixed assets (including transfers between branches) and performing fixed asset verification counts. Monitor a system of controls, procedures, and forms for the acquisition and complete and accurate recording of fixed assets. Ensure the accurate and complete recording of asset movements between branches and regions. To track assets in transit and assets undergoing out of site repairs and maintenance. Ensure the effective and efficient control, utilization, optimization of usage, safeguarding and management of assets. Ensure assets are adequately insured. Ensure that all responsible parties are aware of their roles and responsibilities regarding the assets of Hollywood Sportsbook Group and the Winning Form Group. Ensure that fixed assets are not written off and disposed of without proper authorization. Ensure that preventative measures are in place to eliminate theft, loss and misuse. Assign bar codes to fixed assets of the group across the country in adherence with the process created by the Fixed Asset Accountant. Fixed asset assistant must be able to travel when required to the branches around the country. Investigate the potential obsolescence of fixed assets and recommend impairments. Perform monthly physical inventory counts of fixed assets. Perform monthly comparisons of the fixed assets register to the monthly physical inventory counts of fixed assets. Recommend to management whether fixed assets should be disposed of. Prepare audits schedules relating to fixed assets, and assist the auditors in their enquiries. Represent the company during any external audits that involves fixed assets. Engage with the Accounting Team, respective branch managers and other departments to ensure proper and efficient accounting methods as well as understanding the business needs of other departments as it pertains to fixed asset accounting. Control the maintenance of a branch level fixed asset register for assets not meeting the asset recognition criteria in terms of the asset policy and procedure. Finance Valid Driver’s License

Responsibilities
  • Guide the acquisition of fixed assets.
  • Tag fixed assets.
  • Track existing fixed assets, including transfers between branches.
  • Perform fixed asset verification counts.
  • Monitor a system of controls, procedures, and forms for the acquisition and complete and accurate recording of fixed assets.
  • Ensure the accurate and complete recording of asset movements between branches and regions.
  • Track assets in transit and assets undergoing out of site repairs and maintenance.
  • Ensure the effective and efficient control, utilization, optimization of usage, safeguarding and management of assets.
  • Ensure assets are adequately insured.
  • Ensure that all responsible parties are aware of their roles and responsibilities regarding the assets of Hollywood Sportsbook Group and the Winning Form Group.
  • Ensure that fixed assets are not written off and disposed of without proper authorization.
  • Ensure that preventative measures are in place to eliminate theft, loss and misuse.
  • Assign bar codes to fixed assets of the group across the country in adherence with the process created by the Fixed Asset Accountant.
  • Travel when required to the branches around the country.
  • Investigate the potential obsolescence of fixed assets and recommend impairments.
  • Perform monthly physical inventory counts of fixed assets.
  • Perform monthly comparisons of the fixed assets register to the monthly physical inventory counts of fixed assets.
  • Recommend to management whether fixed assets should be disposed of.
  • Prepare audits schedules relating to fixed assets, and assist the auditors in their enquiries.
  • Represent the company during any external audits that involves fixed assets.
  • Engage with the Accounting Team, respective branch managers and other departments to ensure proper and efficient accounting methods as well as understanding the business needs of other departments as it pertains to fixed asset accounting.
  • Control the maintenance of a branch level fixed asset register for assets not meeting the asset recognition criteria in terms of the asset policy and procedure.
Requirements
  • Valid Driver’s License (required)
About Hollywood Bets

Hollywoodbets is a South African sports betting and online gaming company, founded in Durban in 2000 where it opened its first betting branch. It has grown into one of South Africa's largest bookmakers, offering sports betting, online casino and numbers games across a large retail branch network and digital channels. Headquartered in Durban, the company has expanded internationally into the United Kingdom, Ireland and Mozambique. Hollywoodbets is also well known as the title sponsor of the Hollywoodbets Durban July horse race.

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