Job Description
Discovery – Insure Finance Manager About DiscoveryDiscovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society .About Discovery InsureDiscovery Insure is committed to creating a nation of great drivers through our innovative Shared-value Insurance model. Discovery Insure is South Africa’s fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor and home sectors. Vitality Drive, an internationally-recognized and award-winning program, is a key differentiator in the market that incentivizes and rewards clients for driving well. The Vitality Drive program has been scaled to local and international markets which now include Europe and the Middle East. The company employs over 1 000 people who are committed to putting our customers and financial advisers first by providing unique and innovative solutions and cover. Key Purpose To lead and manage all joint finance functions across both insurance and non-insurance business lines, including but not limited to VAT, budgeting, financial reporting, and regulatory compliance. The primary focus of this role is to drive automation and implement efficiencies within financial processes, ensuring streamlined operations and enhanced control across all areas of the business. Areas of responsibility may include but are not limited to Finance Reporting efficiencies and controls Drive automation initiatives to improve accuracy, speed, and efficiency of financial processes. Identify and implement process improvements across VAT, reporting and regulatory submissions. Ensure robust financial controls are in place and continuously improved. Conduct regular reviews with cost centre managers to maintain financial discipline Budgeting & Tax Compliance Involved in budgeting process across all lines of business. Monitor and report on budget performance. Manage VAT and Income tax compliance and reporting across multiple business units. Reporting & Analysis Prepare and analyse monthly financial reports across all entities. Ensure timely and accurate month-end and year-end reporting. Support the preparation of Board packs and strategic financial presentations. Review and improve financial reconciliations and reporting tools. Stakeholder Engagement Liaise with external regulatory bodies including Prudential Authority, NCR, SASRIA, and SARB. Collaborate with external auditors and internal stakeholders to ensure compliance and transparency. Represent finance in cross-functional projects aimed at improving business-wide efficiency. Knowledge And Skills Advanced financial acumen and analytical skills. Strong understanding of both insurance and non-insurance financial environments. Proven experience in implementing automation and process improvements. Excellent communication and leadership capabilities. Proficiency in financial systems and tools. Education And Experience Education : Matric (Essential) BCom/Accounting qualification (Essential) Chartered Accountant (Advantageous) Experience 3–5 years financial experience (Essential) 2–3 years in a leadership role (Essential) Experience across multiple industries (Advantageous) EMPLOYMENT EQUITYThe Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
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