Financial Manager: Reporting at Discovery Limited

Job Purpose

• The role of Finance Reporting Manager is an exciting opportunity for an enthusiastic individual looking to grow their career in finance. Reporting to the Head of Finance and Reporting, this position is ideal for someone eager to learn, develop their skills, and make a positive contribution.
• The Finance Reporting Manager is responsible for leading the financial reporting function for Discovery Vitality. The role ensures accurate, timely, and compliant financial reporting, supports strategic decision-making through insightful analysis, and strengthens financial governance within a fast-paced, performance-driven environment.
• The Finance Reporting Manager is responsible for the preparation of annual financial statements, month-end reporting, regulatory submissions, audit coordination, and continuous improvement of reporting processes, while partnering closely with actuarial, operations, data, and commercial teams.
• If you are motivated, curious, and ready to grow your expertise in a collaborative environment, this is your opportunity to build on your career and help support Discovery Vitality’s purpose: making people healthier and enhancing lives.

Areas of responsibility includes but is not limited to:

Financial Reporting & Compliance

• Lead preparation of monthly, quarterly, and annual financial reports.
• Ensure compliance with IFRS and Group accounting policies.
• Manage statutory reporting requirements and regulatory submissions.
• Liaise with internal and external auditors and coordinate audit deliverables.

Management Reporting & Insights

• Deliver high-quality management packs with meaningful commentary and variance analysis.
• Provide insights into revenue, member engagement and rewards costs
• Partner with commercial teams to evaluate product performance and profitability.
• Support executive presentations and board reporting requirements.
• Compiling and presenting additional financial analyses that deepen understanding of financial outcomes and highlight areas for improvement.
• Reviewing journals and reconciliations
• Journal processing for payroll, Team Vitality, management expenses and other ad hoc accounting entries.

Controls & governance

• Strengthen internal controls and financial governance frameworks.
• Identify and mitigate financial risks.
• Ensure adherence to internal policies and delegated authority limits.
• Drive continuous improvement of reporting systems and automation.
• Establishing and enforcing adequate controls to guarantee the accuracy of outputs.
• Ensure compliance with tax, VAT, and statutory requirements.
• Monthly VAT preparation and submission.

Stakeholder Management

• Act as a key finance business partner across Vitality.
• Engage with actuarial, analytics, IT, and operations teams to ensure reporting accuracy.
• Support strategic initiatives, benefit changes, and new product launches from a finance perspective.
• Collaboration with various teams to ensure outcomes are achieved.

Team Leadership

• Manage and develop a team of finance professionals.
• Foster a high-performance culture aligned with Discovery’s values.
• Coach and mentor team members to build technical and leadership capability.
• Providing constructive feedback to the team.
• Establishing and enforcing adequate controls to guarantee the accuracy of outputs.
• Ensuring deliverables are completed precisely and on schedule, with effective stakeholder engagement throughout each phase.
• Building and maintaining strong working relationships with both external partners and internal teams, fostering collaboration to achieve business goals.
• Preparing, reviewing, and delivering detailed reports and analytical outcomes for presentation to various forums, stakeholders or for line manager, ensuring the information is clear, accurate, and actionable.
• Demonstrating a commitment to ongoing professional growth and self-development to remain current with technical skills and industry expertise.
• Automation and process improvement, potentially assist with system implementation processes.
• Develop and document accounting treatments for newly introduced benefits, ensuring consistency with Group accounting standards and guidelines.

Personal Attributes and Skills

• Curious mindset
• Excellent analytical and problem-solving skills
• The ability to understand and work with undefined parameters
• Impeccable attention to detail and accuracy
• Passionate about investing time to analyse, understand and report on data, products and processes
• Confident people person eager to create and maintain and build relations and manager stakeholders
• Excellent time management skills with the ability to work and manage a team under pressure to meet strict deadlines
• Excellent written and oral communication skills
• Ability to deal with complex issues and migrate between detail and high-level requirements
• Must have integrity and be ethical in decision-making
• A strong desire for professional development and a high learning potential

Minimum Education & Working Experience

• Bachelor’s degree in finance, Accounting or related field
• Minimum professional qualification required: CA (SA)
• Newly qualified professionals are encouraged to apply
• 1+ years in a supervisory or management role
• Extensive experience working with MS Office packages, including Excel, Word & PowerPoint
• Strong understanding of South African tax regulations
• Experience in preparing annual financial statements
• Experience with ERP system (Sage) preferred.