Back to jobs
New

Finance Administrator

Cape Town

CBD Cape Town, South Africa 

Working Pattern: 4 days in the office, 1 day working from home

Welcome to Virgin Bet, where innovation meets excitement in the heart of Cape Town! As a proud member of the LiveScore Group, Virgin Bet are on an exhilarating journey to redefine the world of online betting. We’re excited to expand our vibrant team and bring our exceptional services to new heights.

Virgin Bet thrives on providing an unparalleled betting experience that combines cutting-edge technology with a passion for sports. Our culture is built on collaboration, creativity, and diversity, fostering an environment where every employee can make their mark while enjoying the thrill of the game. Join us as we embrace the dynamic spirit of Cape Town and contribute to a brand that pushes boundaries and champions innovation.

If you’re ready to embark on an adventure with us, we can’t wait to meet you and see how you can help us shape the future of Virgin Bet!

The Role

The Finance Administrator will be a key support to the Finance Manager, delivering accurate, compliant, and commercially relevant financial information for Virgin Bet South Africa. This role is at the intersection of financial reporting, regulatory compliance, and operational finance within a fast-growing, multi-licensed online betting business. The role is critical in ensuring the accurate reporting of GGR, VAT, and gambling levies, maintaining the integrity of payment service provider (PSP), customer wallet, and bank reconciliations, ensuring compliance with South African regulatory frameworks, and executing month-end reporting, and audit processes efficiently.

Key Responsibilities

Revenue, GGR & Tax Accounting

  • Ensure the correct accounting treatment of bonuses and free bets.
  • Manage the resettlement and reconciliation of betting transactions.
  • Perform VAT extraction from Gross Gaming Revenue (GGR).
  • Prepare and submit Betting Tax and VAT returns, including input and output for accuracy.

Financial Reporting and Month-End Close:

  • Support the preparation of balance sheet reconciliations.
  • Assist in the preparation of monthly management accounts.

Regulatory Compliance & Audit

  • Support the finance team in ensuring compliance with all relevant regulations.
  • Keep documentation audit-ready at all times.

Accounts Payable and Payments:

  • Assist with accounts payable, payment processing,
  • Maintain strong internal controls to ensure smooth operations.

Key Skills and Experience

  • Someone with a solid grounding in accounting and tax principles.
  • Proven experience with multi-currency environments and month-end close processes.
  • Experience with accounting systems, preferably QuickBooks.
  • Exposure to gambling/betting/fintech or other high-volume transaction environments is advantageous.
  • Meticulous attention to detail.
  • Strong analytical thinking and problem-solving abilities.
  • Excellent communication skills with the ability to engage effectively with suppliers, auditors, and regulators.
  • A collaborative team player.

What can we offer? 

  • Discretionary Company Performance bonus
  • Discovery Medical Aid
  • 21 days Annual Leave

Create a Job Alert

Interested in building your career at Virgin Bet South Africa ? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Select...

Diveristy and Inclusion at Virgin Bet SA

At Virgin Bet SA, we are committed to an inclusive hiring process. To ensure the promotion of equal opportunities, it's important for Virgin Bet SA to ensure we address employment equity and affirmative action in our business. It's to this end that we request your feedback in terms of your representation. 

Select...
Select...
Select...
Select...