Junior Accountant

Join Race Coast Western Cape as Junior Accountant - Be Part of Our Exciting Journey!

We are looking for Junior Accountant to process monthly journals review general ledgers prepare management accounts and relevant supporting performance measures which will be reviewed by the Senior Financial Accountant. The Junior Accountant will prepare reconciliations monthly for all balance sheet accounts which will be reviewed by the Senior Financial Accountant and Financial Manager. Duties include preparation of VAT recons with supporting schedules and preparation of all schedules requested by the External Auditors and facilitating requests of documents during the audit. The Junior Accountant will assist the Senior Financial Accountant in fulfilling his/her duties.

Location Hollywoodbets Kenilworth Racecourse (on-site)

Type Full-Time

Experience Two (2) years experience in a similar position

About Race Coast

From the Western Cape to KwaZulu-Natal we bring people together for legendary races vibrant festivals and unforgettable celebrations. Beyond the thrill of the track Race Coast is about live music fashion food and experiences that spark connection and keep the energy alive all year round.

At Race Coast we dont just host race days. We curate elevated experiences that blend sport style and sophistication. With our footprint across some of South Africas most iconic venues including Hollywoodbets Kenilworth and Hollywoodbets Durbanville in the Western Cape and Hollywoodbets Greyville and Hollywoodbets Scottsville in KwaZulu-Natal we are redefining the modern race day for a discerning audience. Each event is an exhilarating hub of heart-pounding action lifestyle and entertainment.

Financial metrics

• Review of general ledgers to ensure cashbook and creditors capturing are correctly allocated and VAT correctly accounted for.
• Capturing and posting of monthly journals.
• Preparation of monthly management accounts.
• Preparation of performance measures relevant to the management accounts.
• Ensure the management accounts are prepared timeously to ensure there is adequate time for review by the Senior Financial Accountant.
• Preparation of annual financial statements.
• Review and approval of payments.
• Responsible for binding the final pack of management accounts which will be reviewed by the Financial Manager.
• Preparation of monthly balance sheet reconciliations by deadline communicated by the Senior Financial Accountant.
• Ensure routine transactions (expenses asset purchases cash book entries sales etc.) are processed timeously by subordinates.
• Processing of non-routine transaction (depreciation impairments provisions finance costs/income discounting lease straight-ling management fees administration fees etc.) and complex transactions.
• Ensure correct capitalisation of assets vs expensing repairs/maintenance or expensing items that will be consumed within one month.
• Ensure the cashbook clerks creditors and debtors meet their deadlines which will allow sufficient time for review of all general ledgers before the preparation of management accounts.
• Review VAT general ledger account prepare Output and Input Reasonableness schedules and VAT Reconciliation which will be reviewed by the Senior Financial Accountant for the period which its due.
• Review and approve all loan creditors facility instalment sales reconciliations to external statements.
• Process accruals (test estimation accuracy by reference to trends and comparison of actual results to previous estimates).
• Process goods in transit to the goods in transit liability account based on risk and rewards associated with various shipping terms and reconcile to the goods in transit stock account.
• Preparation of listing where orders are matched to DN and follow up on unfilled orders to ascertain completeness of stock/creditor.
• Preparation of the calculation of short-term portions and ensure reliable data sheets are maintained to enable this monthly.
• Process monthly standing debit orders (rent insurance telephone subscriptions etc.).
• Assist the Senior Financial Accountant in the preparation of Budgets.
• Assist the Senior Financial Accountant with the quarterly mini audit.
• Prepare all schedules required by the External Auditors Internal Auditors and BEE Auditors.
• Facilitate requests by External Auditors Internal Auditors and BEE Auditors for documents required for substantive testing.
• Assist Senior Financial Accountant on ad hoc tasks which will enable him/her to fulfill their duties.
• Process credit notes.
• Working with the operations team to ensure processes and controls are in place.

Compliance risk and quality

• Comply with company policy and procedure.
• Ensure logical saving of all work templates etc. monthly and yearly such that each years 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 - of which is substantiated by facts with no numbers in the formulas.
• Ensure the above (final version) and other documents are chronologically saved/backed up.
• 100% compliance with COSACT Tax acts IFRS/IFRS for SMEs and other laws/regulations relating to finance.
• Preparation of to department process write-ups/ system descriptions and quarterly updating.

Growth and new markets/products

• Ensure measures are put in place and steps are taken to achieve the short term medium term and long-term goals.
• Assist with company projects from time to time.

What Youll Need

• Grade 12 / Matric / NQF Level 4 Equivalent Qualification (required).
• Studying towards a Diploma or Degree in Finance or related field (required).
• Two (2) years experience in a similar position.
• Computer literacy (Microsoft Office suite) with MS Excel skills (required).
• Pastel Evolution / Pastel (or similar software) experience (required).
• A clear criminal and credit record.

What Were Looking For

• Attention to Detail: High level of accuracy and attention to detail in the completion of tasks with excellent organisational and time management skills. Showing concern for all aspects of the job; accurately checking and following processes and tasks; maintaining responsibility over tasks and ability to identify irregularities.
• Collaborative: Works seamlessly with management and other team members with the ability to coordinate projects and work teams. Strong interpersonal and communication skills where teamwork is essential.

• Adaptable: Handles multiple tasks with fast turnarounds with professionalism. The ability to work under pressure and adapt to changing demands.
• Deadline Driven: A professional who consistently meets deadlines.
• Business Acumen: Understanding main business drivers in order to impact on decision making; demonstrating financial awareness; controlling costs and thinking in terms of profit loss and added value.
• Communication Skills: Strong interpersonal and communication skills. Ability to communicate effectively in the English language both verbally and in writing with team members and management. Ability to interpret a variety of instructions furnished in written oral diagram or schedule form. Ability to read and understand information and ideas presented in writing.
• Proactive: Goal and deadline driven with the ability to see out tasks until completion.
• Problem Solving: Anticipates problems identifies root causes and takes corrective action. A proactive problem-solver who identifies analyses organises and solves problems in a timely and effective manner.
• Accountability: Follows through and delivers results despite obstacles. Admits errors and takes corrective action to avoid repetition. Approaches own work with dedication and a high sense of responsibility.
• Service Excellence: Follows up on requests timeously to ensure that the final product or service meets expectations.
• Confidentiality and Reliability: A professional who values discretion understands the importance of confidentiality honesty and reliability.

Why Youll Love Working Here

• Dynamic Environment: Be part of a vibrant team at one of Cape Towns most iconic venues.
• Innovation at the Forefront: Work with the latest technology in a fast-paced exciting environment.
• Career Growth: We believe in nurturing talent and offering opportunities for growth and development.

Ready to Join the Adventure

If youre passionate about numbers and want to be part of a vibrant team wed love to hear from you.

Application Process

Interested candidates are invited to submit the following:

• Resume/ CV: Detailing professional experience and qualifications.
• A Cover Letter: Explaining your interest in the role and how your experience aligns with our requirements.

E-mail your application to or apply via the relevant recruitment platform.

Internal applicants may complete the application form together with an updated CV

Closing Date: Monday 1 June 2026