Itireleng Tsatsi

Results-driven SAICA-qualified Accountant [AGA(SA)] with 6+ years of experience in financial reporting, budgeting, audit and regulatory compliance across the online sports betting, gambling and financial services sectors. Holds an Honours-level Postgraduate Diploma in Applied Accounting Sciences (CTA Level 2) and completed SAICA training articles at SNG Grant Thornton, including external audits of entities subject to the PFMA. Currently a Divisional Senior Accountant in a Gambling Board-regulated environment, responsible for full-cycle financial statements, GGR and gambling tax/levy reporting, budgets and forecasts, internal controls, accounting policies and audit coordination.

Advanced

Excel user and proficient in CaseWare, Draftworx, Sage Evolution and Xero. Seeking to apply strong technical accounting, internal control and regulatory reporting expertise in the public sector.

Divisional Sports Betting Senior Accountant at Goldrush Group (PTY) LTD (2024-07 – Present)

• Prepare and analyse monthly, quarterly and annual financial statements, including disclosure notes and supporting schedules, and 25+ divisional management accounts for online and retail sports betting operations.
• Prepare monthly Gross Gaming Revenue (GGR) reports per division and channel (turnover/handle, winnings paid, hold %, bonuses and free bets), reconciled to the wagering platform and general ledger.
• Reconcile betting/wagering system outputs (bets placed, settled, voided and open) and player wallet balances to the GL, ensuring customer liabilities and unsettled bets are accurately accounted for at month-end.
• Reconcile payment service provider (PSP), card, EFT and voucher deposits and withdrawals to bank statements and player accounts, investigating and clearing reconciling items timeously.
• Calculate and submit gambling taxes and levies on GGR and file 10+ statutory returns per month to Provincial Gambling Boards and SARS (VAT, income tax) with 100% accuracy and on-time submission.
• Account for promotional bonuses, free bets and customer incentives in line with applicable accounting standards and Gambling Board rules governing deductions from GGR.
• Maintain and reconcile balance sheets and fixed asset registers valued at R220M+, including additions, disposals, depreciation and asset verification.
• Designed and implemented 5+ accounting policies, procedures and internal controls (e.g. payout approvals, segregation of duties, month-end close checklists), strengthening governance across gaming operations.
• Prepare and monitor divisional budgets and forecasts for revenues of R150M+, performing monthly budget-vs-actual variance analysis and tracking 10+ key operating metrics for management and board reporting.
• Coordinate internal and external audits across 3+ business units: prepare audit files and lead schedules, respond to auditor queries and track the resolution of audit findings.
• Research technical accounting and tax matters and provide guidance on the correct treatment of transactions, delivering insights that saved the company R2M+ in potential tax exposure.
• Support FICA/AML compliance and responsible-gambling reporting requirements applicable to licensed bookmakers.
• Review the work of and provide guidance to junior accounting staff, ensuring month-end reporting deadlines are consistently met.

Financial Accountant at LNDR (Pty) Ltd & LNDR Business Credit (Pty) Ltd (2023-06 – 2024-06)

• Maintained loan accounting records for a R850M+ loan book with monthly disbursements of R50M+, ensuring accurate AP, AR and GL entries.
• Prepared monthly management accounts, financial statements and balance sheet reconciliations for a portfolio of 10,000+ loans (avg. size R85K).
• Monitored R30M–R40M daily cash flow, optimising liquidity to support lending operations and growth.
• Developed financial models for new lending products, projecting cash flows, default rates and profitability.
• Managed R100M+ in tax submissions (VAT & income tax) with full compliance to regulatory requirements.
• Oversaw portfolio performance, tracking R120M+ annual interest income, calculating provisions (2–3%) and reducing NPLs by 15%.
• Supported audits across lending operations, achieving zero audit findings on loan reporting.

Audit Senior at Altitude Business Advisory (2023-03 – 2023-05)

• Strengthened financial reporting reliability by performing detailed internal control tests, substantive procedures and analytical reviews.
• Assessed compliance with the PFMA, Companies Act, King Code, FICA, Insurance Acts and Pension Funds Act.
• Identified control weaknesses in key business processes, including procurement, and recommended corrective actions.
• Delivered clear, concise audit reports and actionable insights to senior management.
• Mentored and supervised junior auditors, reviewing their work and promoting best practices across engagements.

SAICA Audit Trainee at SNG Grant Thornton (2020-01 – 2023-01)

• Performed external audits of Annual Financial Statements across private and public-sector clients, including entities subject to the PFMA.
• Evaluated the appropriateness of accounting frameworks (IFRS, IFRS for SMEs, GAAP) and accounting policies.
• Prepared and reviewed financial statements, disclosure notes and reconciliations of account balances.
• Performed financial ratio analysis, substantive tests, analytical reviews and control testing.
• Assessed internal controls and compliance with statutory laws and regulations (PFMA, Companies Act, King Code, FICA, Insurance Acts, Pension Funds Act).
• Prepared management reports, audit committee/stakeholder meeting packs and audit documentation, consistently meeting deadlines.

MASTERS IN BUSINESS LEADERSHIP – South African Business School (SBL, Unisa)

POST-GRADUATE DIPLOMA IN APPLIED ACCOUNTING SCIENCES - CTA LEVEL 2 in Applied Accounting Sciences – UNIVERSITY OF SOUTH AFRICA (2021-01)

BACHELOR'S DEGREE IN CHARTERED ACCOUNTANCY in Chartered Accountancy – NORTHWEST UNIVERSITY (2018-01)

MATRIC (GRADE 12) – SASOLBURG HIGH SCHOOL (2014-01)