Finance Manager - Betfair Brazil
Job title: Finance Manager
Location: Sao Paulo, Brazil
Finance Overview:
In light of our recent licence application in Brazil, we are looking to expand our finance team to help continue to grow and support the International Division of the Flutter Entertainment group and allow the team to take on this exciting new challenge.
Being a listed public company (outside Brazil) can be challenging. That’s why our Finance team holds itself at the cutting edge of all the major functional disciplines, never standing still and continually innovating. Our teams are actively engaged in a diverse range of activities which include; Financial Reporting, Group Accounting, Management Accounting, FP&A, Treasury, Transaction Processing, Financial Systems & Projects, Commercial Finance & Business Partnering, Corporate Development and Investor Relations.
Imagine how being part of such a diverse yet agile team could provide you with unique opportunities to build out your skill set, and to do so all within the same organisation!
Our new Sao Paulo workspace is the perfect place for team collaboration and individual growth. It is located in the Paulista neighbourhood with great transport links across the city and exciting working environment.
Learning is at the core of our culture. No matter how experienced you may be, our Finance team can offer you a rich environment for growth and development with an opportunity to learn from some of the best people in their fields. We support all the major accountancy bodies; ACA, ACCA, CIMA, and have successfully supported many students through their professional training qualifications. We also offer a rich curriculum of in-house and external learning which covers technical competencies and a broad range of ‘softer’ skills, such as personal impact, negotiation tactics, and building-resilience, to name just a few. This carefully crafted combination helps to create well rounded skill sets within our team – creating the Finance professional demanded for today and for tomorrow.
Underpinned by state-of-the-art technology, for which we were the architects, engineers and implementation team, we continually drive operational improvements and efficiencies in everything we deliver - if you enjoy setting new standards in Finance then you’ve come to the right place.
Join us and become part of a highly experienced and highly driven Finance community, with big ambition and bigger influence, operating at pace within the largest Gaming Group in the world.
Overview of the role:
As the Finance Manager, you will have ownership of the accounting, reporting and ensuring compliance with the control environment for Betfair Brasil Ltda. Reporting to the Head of Integration and Transformation, other periodic responsibilities will include contributing towards Group reporting packs, financial statements, translation to US GAAP and dealing with internal/external stakeholders.
This role is a critical position in our Betfair Brasil Ltda team to ensure we meet reporting requirements while implementing a robust controls environment.
The successful candidate will be heavily involved in working with the finance business partnering team in the creation of month end accounts for our business units in addition to their responsibilities for external financial reporting obligations. In addition to this, the successful candidate will be involved in the continued enhancing of processes and controls in line with the Sarbanes Oxley Act (SOX), to support our recent US listing and to promote a best in class control environment.
What you’ll do:
Take ownership of the month end accounting for Betfair Brasil Ltda.
Manage the accounts payable and payments process in line with agreed procedures and controls.
Act as the point of contact for our financial and payment institutions.
Assist with the setting up and implementation of the Oracle ERP system.
Liaise and work alongside the Outsourcing Company to ensure local accounting and regulatory requirements are met, particularly in relation to our taxation obligations.
Close month end processes within required timelines for assigned channels including the preparation and review of general ledger entries.
Post monthly journals ensuring accuracy, completeness and compliance with SOX requirements.
Operate a robust cost accruals process to ensure that costs are correctly accrued within the time constraints of a fast-close environment through use of automation where possible.
Review all significant variances within areas of responsibility for investigation and analysis to report back to Head of Integration and Transformation, or others as appropriate.
Compare effective results to budget/forecast and analyse differences between them, providing inputs to collaborate reducing costs and improving revenues.
Oversee the maintenance and improvement of internal controls.
Supporting in audit planning, preparation and audit queries and dealing with stakeholders.
Take responsibility for the Flutter International group recharge accounting working in unison with the transfer pricing team and central Flutter Group
Take responsibility for accounting entries and disclosure of tax workings in conjunction with the Flutter International tax team
Other ad-hoc projects including support on the onboarding and integration of further businesses as the Division pursues inorganic growth opportunities.
What you’ll bring:
Essential:
Fully qualified with one of the recognised accountancy bodies (CRC or CRA)
Fluent in both Portuguese and English
3-5 years’ experience in Brazilian Accounting Practices and financial reporting for Group companies
Good understanding of control environment relating to financial reporting
Excellent communication skills, both written and verbal
Experience dealing with internal and external stakeholders to include explaining complex accounting issues to non-accountants
Demonstrable excellent organisation skills
An ability to deliver high quality work under pressure of tight deadlines
Strong academic credentials (e.g. honours degree) and experience operating in a similar environment
Good team player with an ability to work independently.
Excellent time management skills
A driven, energetic and proactive individual who has a desire for continuous improvement and advancement.
Desirable:
Experience working in a SOX regulated environment or highly regulated industry.
In-depth knowledge of IFRS/US GAAP and ability to apply it in practice.
US GAAP accounting experience
Experience preparing technical accounting memos
Experience working in the finance department of a multinational environment.
Prior knowledge of Oracle accounting packages.
Experience in the gaming industry and gaming systems.
Technical knowledge and prior experience of dealing with accounting for acquisition and financing transactions
It’s ok if you don’t think you tick every box on this list. We love people who want to challenge themselves and are passionate about what they do. If you believe you can contribute in some areas and are eager to learn, we encourage you to apply.
Why choose us:
Aside from a generous base salary, we have a fantastic benefits & rewards program that is designed to encourage personal and career development.
Discretionary annual performance bonus
13th Month Payment
Annual Salary Increase
Long Term Disability (LTD)
Health and dental insurance for you, your partner and your children (if you all live at the same address)
Personal life insurance and income protection
A personal interest allowance to let you learn something new or pursue a hobby
Employee Assistance Programme
Transportation and Childcare Allowance
Meal Vouchers
Maternity Leave - 26 weeks paid, Paternity Leave 4 weeks paid
External learning support of up to £2,000 or equivalent in local currency, dedicated 4 learning “Power Hours” every month during office time, full access to the Udemy and Mindtools platforms, in-house leadership program and many other training opportunities for developing your skills and progressing your career
Family Reward
Equal opportunities:
At Flutter International we are committed to creating an inclusive environment where our people can be their authentic selves and thrive. We embrace and celebrate diversity, respecting all our uniqueness and differences.
We welcome you to let us know whether you have any accessibility needs. All you need to do is email us at talent@flutterint.com. Your journey with us is focused on ensuring you have what you need to be your best self.
Learn more about the works we are doing on Inclusion and Belonging here: https://careers.flutterinternational.com/working-at-flutter-international/diversity-equity-inclusion/
The group:
Betfair Brasil Ltda is a proud member of the Flutter Entertainment family, a global leader in sports betting, iGaming, and entertainment. We're not just another company; we're listed on both the prestigious FTSE 100 index on the London Stock Exchange and the New York Stock Exchange (NYSE). What sets us apart is our world class brands, cutting-edge products, and our International division includes our operations in over 100 global markets and offers sports betting, casino, poker, rummy and lottery, mainly online. What truly defines us is our commitment to ensuring that the excitement of gaming and entertainment is experienced in a responsible and sustainable way. Our remarkable team of over 8,000 colleagues drives this vision, spread across 28 offices worldwide.
The company can run background checks to the extent permitted under applicable law as long as it has legitimate interest and when such background information is required to satisfy legal or regulatory obligations.
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