Head of Group Financial Performance Reporting and Consolidation at Discovery Limited

We are looking for an exceptional financial leader with solid financial consolidations and finance systems experience in financial services. Must have an excellent understanding of insurance, banking, health and investments, and experience in building and leading a high-performance team. This is a rewarding, challenging role in a complex environment and will best suit a motivated self-starter, who is resilient, a quick thinker, and able to hit the ground running.

Areas of responsibility

• Production of all consolidated financial numbers (IFRS and non-IFRS) for all scenarios (actual, forecast, budget)
• Advise finance teams on the consolidation impact of complex transactions, and ensure relevant consolidation entries have been accurately captured
• Own all consolidation entries for the group, and ensure entries are valid, accurate, appropriate, and complete
• Ensure the consolidated disclosures are accurate and complete
• Produce relevant proofs for the group consolidation
• Review of segment submissions for completeness and accuracy
• Ensure group calculations have been accurately captured in segment submissions
• Own and maintain the group chart of accounts mapping
• Manage month-end actual and forecast reporting requirements and timelines
• Understand requirements of users of the consolidation and ensure reporting templates meet requirements
• Ensure optimal functioning and performance of the group wide finance systems (group reporting tool, general ledger, analysis tools)
• Spec all changes to Finance Systems, ensure appropriate testing and approvals, and manage the change control process for all metadata changes
• First line support for Group Finance Systems
• Approval and bi-annual review of user access for finance systems
• Manage all system downtime to ensure minimal interference with reporting processes
• Work closely with Group IT to ensure optimal system performance, upgrades and security
• Work closely with Business Finance Systems owners to ensure optimal integration where required
• Preparation of functions workplan, and alignment to overall team workplan
• Recruit and retain talent, team management, build talent pipeline
• Support the reporting optimisation function - key part of the EPM implementation team
• Implement finance processes and relevant controls over areas of responsibility and ensure adequate documentation thereof
• Ensure internal controls are adequate and appropriate to manage risks
• Support the CFO, Office of the CEO and other key stakeholders
• Build solid relationships and work collaboratively with the Discovery Group Finance team, Group IT and business finance teams

Profile

• Exceptional CA(SA) with solid experience in complex consolidations for a listed entity and finance systems - non-negotiable
• Experienced in building a high-performing team
• Excellent written and verbal communication skills
• Very strong understanding of finance processes and finance systems
• Ability to translate technical accounting concepts into practical application
• Ability to grasp complex concepts quickly
• Growth and improvement mindset, ability to face challenges
• Meticulous, organized, deadline driven, disciplined
• Impeccable attention to detail and accuracy
• Strong interpersonal skills, ability to build relationships
• Advanced Excel knowledge and experience

Qualifications

The candidate should be a qualified CA (SA) or similar with minimum 10-12 years of experience.

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.