Finance - Betsson Group

Business Cycle

The Financial reporting and Controlling organisation are in charge of building up all financial numbers used for various financial reports, which are also used externally. In doing this, they work a lot with reconciliations when it comes to movement in client funds as well as revenues.

Betsson's finance department supports the whole financial and business cycle of the Group. This includes planning and budgeting, accounting and controlling, and following up on the set plans to ensure the desired results are achieved.

Kristian Saliba

Chief Financial Officer

RESPONSIBILITIES

We have several teams within the Finance department making sure that they can function as the link between Finance and the rest of the business.

FINANCE & PLANNING

The Financial Planning and Analysis team are the link between Finance and the rest of the business. They are specialists in producing management accounts, which are used internally for discussions and to keep track of the organisation’s performance. This team is also involved in business cases, budgets, employee targets, affiliate analysis, nominees.

PROCUREMENT

Then we have Procurement, the team that is in charge of purchases within the organisation, and also payroll – making sure that everyone gets paid at the end of every month. Our cash flow cycle is controlled by the Cash management team, who track the cash from the customer deposit point to pay-out

CONTROLLING & REPORTING

The Financial reporting and Controlling organisation are in charge of building up all financial numbers used for various financial reports, which are also used externally. In doing this, they work a lot with reconciliations when it comes to movement in client funds as well as revenues. They are responsible for the consolidations of deposits and withdrawals. They also handle VAT, submissions and the liaison with tax authorities when it comes to payment.