Finance Administrator at Discovery Limited

Key Purpose

The successful candidate will be responsible for:

• Sourcing data, calculating tax liability, completing and submitting tax and regulatory returns;
• The payment of tax liability and reconciliation to general ledger;
• Providing support and analysis on tax and regulation related queries;
• Assisting with the preparation of working papers, supporting documentation and financial statements for the external audit of the Discovery Retail Retirement Funds.

Objectives of this role

• To support in maintaining compliance with the tax and regulatory obligations of Discovery.

Responsibilities

• Monthly preparation of tax schedules and returns (PAYE, VAT, DWT)
• Monthly and bi-annual tax reconciliations
• Quarterly monitoring and reporting on Reg. 28
• Asset reporting including asset allocations and exchange control reporting
• Calculation and reporting on capital adequacy requirements
• Completing and submitting industry statistics and other returns
• Statutory reporting on Retail Retirement Funds

Education and Experience

• BCom or equivalent tertiary qualification
• Experience in the Financial Services and Retirement Funds industry with specific exposure to dealing with regulatory and tax administration
• Knowledge of Pay-As-You-Earn, Value Added Tax and Dividends Withholding Tax principles
• Advanced Computer Literacy (MS Excel and Compass)

Required skills and qualifications

• Integrity, honesty and reliability
• Highly motivated self-starter who takes initiative
• Ability to plan and control workflow to effectively manage the team’s deadlines
• Ability to communicate effectively both verbally and in writing
• Strong administrative, tax and accounting knowledge
• Ability to apply knowledge in a practical setting
• Strong numerical and verbal reasoning skills

Preferred skills and qualifications

• BCom or equivalent tertiary qualification (Finance, Tax and Accounting modules would be advantageous)
• Knowledge of the Discovery products and experience of working within the operations of Discovery Invest.