Business Unit: Discovery Insure
Function: Accounting
Date: 6 Nov 2024
Discovery – Insure Finance Manager (Senior) About Discovery Discovery'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 Insure Discovery Insure is committed to creating a nation of great drivers and building better businesses 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, home and business insurance sectors. Vitality Drive, an internationally-recognised and award-winning programme, is a key differentiator in the market that incentivises and rewards clients for driving well. The Vitality Drive programme 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 effectively lead a team of people who are responsible for producing the monthly accounts, while ensuring all financial controls are adhered to and effective in the business.
Responsible for preparing all Annual Financial Statements according to IFRS standards (incl IFRS 17) as well as all other regulatory and statutory returns.
Areas of responsibility may include but are not limited to Reporting and analysis: Prepare monthly accounts and analyse results to maintain and improve controls. Preparation of Annual Financial Statements. Returns: reviewing of all monthly VAT returns and submissions. Preparation of quarterly and annual regulatory and statutory submissions. Preparing monthly cashflows and forecasts. Liaison: Represent Insure with both internal and external parties such as Internal Audit, External auditors, FSCA, SASRIA, SARS on a continuous basis. Mentoring team and supporting management. Serve as 2iC to Deputy CFO. Skills and Knowledge Solutioning (balance needs with financial controls) Analytical Rational and logical thinking Relationship building Communication; Leadership Advanced financial acumen Business savvy SA business environment; Computer literacy Highly technical in terms of IFRS standards (specifically IFRS 17) Education and Experience Education: Matric (Essential) CA (SA) (Essential) Minimum Experience: 3 – 5 years' financial experience 3 years' short term insurance experience 2 – 3 years' experience in a leadership role Highly technical in terms of IFRS standards (specifically IFRS 17)
EMPLOYMENT EQUITY
The 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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