Nigel - Accountant
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 Invest
Launched in 2007, Discovery Invest offers the full range of investment products for any client need, providing access to our top performing range of Discovery funds as well as a wide selection of leading local and international fund managers.Recently, Discovery Invest launched a unique offshore offering to enable South African investors unparalleled ease in accessing international investment opportunities. Discovery Invest is seeking to leverage the shared-value model to promote financial health and freedom for millions of South Africans.
Through unique behavioural incentives and benefits, we reward clients for positive investment behaviour with extra investment returns. Discovery Invest is the only shared value investment platform in the country maximizing client outcomes before and after retirement.
It is important for our employees to provide world class service to our internal and external clients, thereby ensuring long and sustainable relationships.
Key Purpose
Producing accurate and timely monthly reporting; ensuring that regulatory reporting requirements are met and supporting business through reporting on financial performance.
Objectives of this role- Deliver complete, accurate, and timely financial reports in line with internal and external deadlines.
- Ensure all financial reporting complies with relevant accounting standards and regulatory requirements.
- Maintain accurate general ledger reconciliations and support internal controls to ensure financial
- Leverage accounting systems (e.g., SAGE X3) and Excel tools to streamline reporting processes and improve efficiency.
- Collaborate with internal teams to provide financial information and respond to queries with clarity and professionalism.
- Identify opportunities to enhance reporting accuracy, reduce turnaround time, and improve financial processes.
- Prepare accurate and timely monthly management accounts, journals, and supporting working papers for various products and funds on the Discovery Invest platform.
- Compile monthly management accounts and supporting documentation for reporting companies within Discovery Invest.
- Perform monthly reconciliations for bank accounts, clearing accounts, and general ledger balances.
- Prepare semi-annual statutory reports in line with regulatory requirements.
- Ensure accurate preparation and posting of accounting entries for reporting companies, funds, and products.
- Verify the accuracy and auditability of ledger account balances.
- Ensure income and expenses accrued at the product level are correctly accounted for in the operational ledger.
- Liaise with Finance Control and other departments to gather and clarify financial information.
- Investigate and resolve ledger and bank statement queries.
- Provide direct support to the Accountant Team Leader/Finance Manager.
- Continuously enhance existing procedures and processes to improve efficiency and accuracy.
- Collaborate with internal and external auditors during audit processes.
- Manage invoicing where applicable and assess the reasonability of charges received.
- Bachelor of Commerce (B. Com) in Accounting/Finance
- 4+ Years’ Experience in Financial Accounting
- Microsoft Excel – Intermediate to advanced proficiency
- Accounting Software Experience
Proficient in general accounting systems; experience with SAGE X3 considered an advantage.
Skilled in data analysis, financial modeling, and reporting using functions such as PivotTables, VLOOKUP/XLOOKUP, and conditional formatting.
Preferred Competencies- Strong Accounting Expertise: Solid foundation in financial principles, reporting standards, and regulatory compliance.
- Meticulous Attention to Detail: Consistently delivers accurate and high-quality work, even under pressure.
- Thrives in Complex Environments: Excels in navigating complex and solving problems in dynamic, high-stakes settings.
- Integrity & Reliability: Trusted professional known for honesty, discretion, and ethical conduct.
- Independent & Self-Driven: Highly motivated self-starter who takes initiative and works with minimal supervision.
- Deadline-Oriented: Skilled in planning, organizing, and managing workflows to meet tight deadlines.
- Effective Communicator: Strong verbal and written communication skills, with the ability to convey complex financial information clearly.
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.