Posted on: 27 November 2023
ID 893774

Finance Manager

About Discovery

Discoverys 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 Vitality Global

Vitality Global, a subsidiary of Discovery Limited, has leveraged the success of the Shared-Value business model in South Africa and the UK, to offer innovative health solutions, including Vitality, to insurers and companies around the world.

Vitality Global is currently in 40 markets, impacting ~35 million lives around the world and works globally across a host of structures, regulations, and programmes.

About The Role

The Finance Manager is responsible for the full finance function for a business unit within Vitality Global. The candidate will work closely with the Market Executives to drive growth and profitability of the business unit while ensuring robust financial management and strict adherence to the Vitality Global and Discovery Group financial, audit and accounting policies / standards. The candidate will report to the Head of Finance: Vitality Network Reporting and Revenue and will be responsible for at least one direct report.

Key Outputs / Job Responsibilities may include but are not limited to:

  • Subject matter expert on financial data integrity, finance processes, reconciliations, budgeting, analysis and reporting for end-to-end Financial Management
    • Management and review of month-end activities
    • Management of the audit process (internal & external)
    • Driving strong governance, financial control and process in the respective business areas
    • Working Capital Management
  • Equips finance and business leadership with sound financial information to support decision making at all levels.
    • Perform detailed analysis on financial and commercial issues and report back on findings and recommendations where appropriate.
  • FP&A, Strategic finance and business partnering.
    • Budgets, forecast and 5-year plans - preparation, analysis and presentation.
    • Operate as a business partner to the Market Executives and support them with driving business results and mitigating financial risks.
    • Business case development, review of business plans and performing financial modeling with scenario analysis.
    • Collaborate with various internal teams (finance, commercial, systems, actuarial, marketing etc.) and external market teams to ensure delivery of business objectives.
    • Contribute to strategy papers and management reporting to exco and board.
    • Management of accounts for a JV, preparing financials and present the JV results in the steerco to CEOs of the JV.
    • Attendance, participation and presentation delivery in various internal and external forums, steerco's and exco's.
    • Management of at least one direct report to ensure quality of deliverables while also driving growth and development.
    Work Experience
    • 2+ years post articles experience
    Advantageous
    • Excellent communication, report writing and presentation skills.
    • Management of direct reports
    • Ability to work independently with minimal direction, and cross-functionally as part of a larger team.
    Qualifications

    Education / Qualifications / Accreditations with Professional Body
    • CA(SA)
    Technical Skills Or Knowledge
    • Strong technical accounting skills (IFRS)
    • Financial acumen
    • Implementation and management of internal financial and reporting controls knowledge
    • Experience with preparation of budgets and forecasts
    • Financial modelling
    EMPLOYMENT EQUITY

    The Companys 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.
    Occupation:
    Finance jobs


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