Head Of Finance
LulaBet
- Cape Town, Western Cape
- Permanent
- Full-time
- Develop comprehensive financial plans and budgets aligned with organisational goals and objectives.
- Conduct financial analysis to identify trends, risks, and opportunities for optimization.
- Provide strategic recommendations to senior management based on financial insights and analysis.
- Financial Reporting and Control:
- The preparation and presentation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure compliance with regulatory requirements and accounting standards.
- Implement and maintain robust internal controls to safeguard company assets and mitigate financial risks.
- Cash Management and Treasury:
- Manage cash flow forecasting and liquidity planning to support operational needs and investment decisions.
- Optimize working capital management and treasury functions, including banking relationships and investment strategies.
- Financial Operations:
- Supervise day-to-day financial operations, including accounts payable, accounts receivable, payroll, and billing.
- Streamline processes and systems to improve efficiency and accuracy in financial transactions and reporting.
- Financial Strategy and Decision Support:
- Collaborate with senior management to develop and execute financial strategies aligned with business objectives.
- Provide financial insights and recommendations to support decision-making across all levels of the organization.
- Risk Management and Compliance:
- Assess and mitigate financial risks, including market, credit, and operational risks.
- Ensure compliance with regulatory requirements, licensing agreements, and industry standards.
- Team Leadership and Development:
- Lead and mentor a high-performing finance team, fostering a culture of collaboration, accountability, and continuous improvement.
- Provide coaching and development opportunities to enhance the skills and capabilities of team members.
- Tasks will include but are not limited to the following:
- Perform full debtors and creditors functions.
- Develop and maintain financial policies, controls, and SOPs.
- Create and manage the GL and ensure all records are posted accordingly.
- Monitor expenditure and income versus budgets and conduct analysis and make recommendations as necessary.
- Create and maintain an accurate asset register.
- Produce accurate and timely management accounts as required.
- Prepare AFS and commentary on performance.
- Compile and submit weekly taxes and reporting to the Gaming Regulator
- Assist in the completing and submission of annual renewals.
- Ensure compliance with SARS, CIPC and Regulator
- Ensure all Financial practices are in line with GAAP/IFRS
- Maintain an accurate set of financial records for presentation to internal and external auditors as required.
- Manage the payments team.
- Develop and implement the daily settlements eco-system to a best-in-class standard.
- Manage relationships with payments vendors.
- Keep current with payments technologies and innovations.
- CA (SA)
- Proven experience (5 years) in a senior finance role, preferably within the online casino and gaming industry or a related field.
- In-depth knowledge of financial principles, practices, and regulations, particularly in a highly regulated industry.
- Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide strategic insights.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
- Demonstrated leadership experience, with the ability to inspire and motivate team members to achieve goals and objectives.
- Proficiency in financial management software and Microsoft Office suite, with advanced Excel skills.
- Competitive salary and performance-based incentives.
- Professional development and training opportunities.