Financial Reconciliation Manager

Responsibilities

Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that’s just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let’s reach for the stars.

We have amazing opportunities for a Financial Reconciliation Manager to be based in Umhlanga . Do you think you have what it takes to be our newest Purple Star?

The Financial Reconciliation Manager is responsible for the accuracy, completeness, and integrity of financial reconciliations across the Group. The role ensures that all balance sheet accounts are fully reconciled, exceptions are resolved timeously, and reconciliation processes meet internal control, audit, and regulatory standards.

With Hollywoodbets You Will

Innovate and create as part of a like-minded, authentic Team eager to achieve goals.

Embrace challenges and the thrill of working in a vibrant and fast-paced industry.

Grow with our development plans and culture that allows you to further your career.

You Bring

• Matric
• Financial Degree
• CA(SA)
• Financial Management 3 + years
• Experience in a Similar Role 3 + years
• People Management

What You’ll Do For The Brand

Reconciliation Ownership and Oversight (Core Function)

• Oversee and review all balance sheet reconciliations, ensuring completeness and accuracy.
• Ensure all reconciliations are completed monthly, accurately, and within close deadlines.
• Perform or supervise monthly reconciliations, including but not limited to:
• Bank reconciliations
• Accounts receivable reconciliations
• Accounts payable reconciliations
• Cash, loan, and interest reconciliations
• Intercompany and related‑party reconciliations
• Prepayments, accruals and suspense accounts
• Fixed asset registers
• Ensure reconciliations are independently reviewed and compliant with internal policies.

Exception Management and Root‑Cause Analysis

• Investigate and resolve reconciling items, discrepancies, and variances promptly.
• Ensure reconciling differences are supported, aged, tracked, and cleared timeously.
• Perform root‑cause analysis on recurring reconciliation issues.
• Escalate material or unresolved issues to the CFOs and Senior Finance.

Controls, Audit & Compliance

• Maintain reconciliation schedules and documentation for audit and control purposes.
• Maintain trackers of balance sheet reconciliations across the group and escalate deadlines that have not been met in submitting the reconciliations.
• Lead reconciliation process optimization and automation on a pervasive basis throughout the Group.

Financial metrics

• In conjunction with the Senior Financial Managers, set monthly deadlines for all team members for management accounts, balance sheet reconciliations, VAT etc.
• Review of the annual financial statements, tax computations and related workings.
• Liaison with external auditors during interim and year end audit to ensure all queries are responded to.
• Liaise with the various departments and regional/operational managers to ensure efficient reporting.
• Enforce thorough review and timeous settlement of inter-company trade accounts, loan accounts, shareholder loans, bank loans, bank facilities, creditors, SARS (Income Tax, PAYE, VAT) in line with agreed payment terms.
• Identification of control weakness, designing of internal controls and implementation thereof.
• Assist the BEE project team to ensure the improvement and sustenance of the various companies BEE score. Review procurement within the entities and ensure we meet the required targets. Ensure that updated BEE Certificates are kept on file for audit purposes.
• Continuous review of foreign currency exchange rates and to ensure that the group are utilizing the most beneficial rate for the business.
• Review Terms and Conditions of credit applications (supplier and debtor credit applications).
• Working with other Financial Managers on group wide initiatives and processes to align.
• Any other ad hoc tasks.

People

• Living HW values of Service Excellence, Commitment, Integrity, Accountability, Enthusiasm, Ubuntu and Innovation.
• Support a culture of project ownership and financial accountability within the broader finance function.
• Direct supervision and mentoring of the relevant members of your team.
• Creation and maintenance of roles and job descriptions and KPIs for your direct report subordinates, including annual performance reviews.
• Lead financial training or briefing sessions for project owners to increase financial literacy across business units.
• Performance management of staff and discipline.
• Enforcing ethical, honest, transparent, fair work environment.
• Formal setting up of individual staff meetings (Initial meeting to layout the KPIs, quarterly tracking meeting, half year review, quarterly tracking meeting and year-end review).
• Talent retention (through role creation, career path planning).
• Succession planning (through effective mentoring and counselling).
• Sustainable morale and Team building.
• Recruitment and related interviews.
• Induction and comfort of new team members.
• Implementation of HR initiatives.
• Approving and monitoring of overtime, meal allowances etc.
• Promote declaration of all conflicts of interest upfront.
• Promoting a culture of confidentiality, ensuring all personal information of loan applicants and suppliers and other stakeholders is not shared and is maintained in a secure environment.

Compliance, risk and quality

• Attendance at necessary training sessions.
• Creating, maintaining and enforcing company policies and procedures.
• Maintenance of department process write-ups/ system descriptions and annual updating.
• Ensure logical saving of all work, templates, etc. monthly and yearly such that each year’s financial records can stand on its own when enquiries/ investigations/audits take place.
• Produce high quality, neat, logical, succinct, easy to follow, easy to understand, formula linked work/templates/workbooks/financial models.
• Ensure the above (final version) and other documents are chronologically saved/backed up and appropriately named.

What You’ll Bring To The Team

• Advanced Reconciliation & Financial Control
• Analytical Thinking & Problem Solving
• Audit, Compliance & Risk Management
• Process Improvement & Automation
• Leadership & Stakeholder Management

So, are you ready to level up, learn, and perform at your best? Apply now!

Please note that only applicants who meet the stipulated minimum requirements will be considered.