Finance Administrator

Discovery – Insure

Finance Administrator

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 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 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 provide financial administration, asset management and inventory control support to Discovery Insure. The role is responsible for maintaining accurate financial, asset and inventory records; performing reconciliations and financial analysis; administering supplier payments and related transactions; supporting month-end, reporting and audit requirements; and ensuring adherence to financial controls, governance standards and company policies. The role works closely with internal stakeholders and external service providers to support effective financial management, asset accountability and inventory integrity across the business.

Areas of responsibility may include but are not limited to:

Financial Administration & Controls

• Manage the end-to-end processing, validation, and reconciliation of financial transactions to ensure compliance with financial policies and reporting requirements.

Payments Management

• Execute accurate and timely payments to internal and external stakeholders while ensuring supporting documentation and approvals are in place.

Reconciliations & Financial Analysis

• Perform complex reconciliations across multiple systems and datasets, investigating and resolving variances within agreed timelines.
• Prepare and maintain financial, asset and inventory reconciliations in accordance with reporting requirements.
• Compile regular financial and operational reports, ensuring accuracy and completeness of information.

Stakeholder Management

• Collaborate with internal business units and external suppliers, including KAM’s, Ctrack, TWT, and other operational partners, to resolve financial queries and maintain service excellence.

Asset & Inventory Management

• Oversee inventory and asset-related financial processes including stock reconciliations, stock takes, reverse logistics, and reporting.

Reporting & Insights

• Prepare accurate financial, operational, and management reports that support decision-making and business performance monitoring.

Continuous Improvement

• Identify opportunities to automate, streamline, and improve financial processes, controls, and reporting efficiencies.

Knowledge and Skills:

• Business Focus-Is dedicated to meeting the expectations and requirements of internal and external clients
• Compassion- Is available and ready to help
• Action Orientated- is action oriented and full of energy for tackling challenges
• Business writing skills
• Strong analytical and problem-solving capability with the ability to interpret financial, asset and inventory data.
• Demonstrates attention to detail, adherence to established procedures and the ability to perform effectively under pressure.
• Excellent time management and organizational skills
• Problem Solving skills
• Ability to work with large complex datasets with multiple formulas
• Skilled with complex formulas and data cleaning techniques in Microsoft Excel
• Attention to detail and high level of accuracy
• Excellent Communication skills
• Coping with Pressure and Setbacks
• Ability to multitask and prioritize
• Microsoft Excel (advanced formulas, pivot tables and data analysis)
• Financial reconciliations and controls
• Fixed asset accounting principles
• Inventory and stock control processes
• Financial reporting principles
• Accounts payable processes
• ERP/Finance systems knowledge (Preferred)

Education and Experience

Education:

• Matric (Essential).
• Relevant Degree/Diploma in Finance or Accounting - (Preferred)

Experience:  

• 2-3 years' experience in a finance administration or accounting environment (Essential)
• Experience with reconciliations, reporting and financial controls (Essential)
• Experience working with fixed assets and inventory management processes (Preferred)
• Short-term insurance experience (Preferred)

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.