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 Health Finance
The Health Finance team is responsible for all the pertinent financial aspects across the financial cycles for Discovery Health. It includes financial budgeting, forecasting, and accounting applications for the financial transactions within the Health Space.
About Nanolabs
Nanolabs Health Services is a subsidiary of Discovery Health, acquired 1 July 2022. The business provides pathology management services to a range of healthcare settings. Nanolabs has curated technology workflows in predominantly near-patient settings to improve efficiency and reduce testing turnaround times to improve decision-making and to drive increased focus on patient safety. Nanolabs provides technical, technology and professional services to pathology practices, while driving a culture focused on innovation and operational excellence.
Key Purpose
The Finance Manager will play a crucial role in supporting financial planning, reporting, budgeting, and overall management of Nanolabs Health Services. The role is responsible for conducting monthly financial reporting and analysis, as well as cost tracking, to enable efficient and informed business decision-making. As Nanolabs is currently in the expansion phase, this role will be instrumental in implementing and improving financial systems and processes and ensuring a seamless transition across new ventures and supporting sustainable growth.
Key Outputs
Including but not limited to: Review and post journals to record all entries in the general ledger
Responsible for the reconciliation of all the entity balance sheet accounts
Track and analyze costs across the various sites to ensure efficiency and cost control
Prepare and present monthly management accounts including variance analysis
Actively involved in budgeting, forecasting and financial reporting for the entity
Review payments and meet the contractual timelines of these payments.
Provide finance support to the Executive team of the business
Prepare annual financial statements (IFRS) and engage with internal and external auditors, facilitating audit processes
Responsible for the VAT and corporate taxes of the entity in collaboration with the Group tax team
Ensure the accuracy, integrity, and confidentiality of financial data, records, and reports
Drive continuous improvements in financial processes and reporting frameworks
Collaborate cross-functionally to resolve financial queries with related companies
Responsible for cash flow reporting, cross-company recharges and lease accounting (IFRS 16)
Competencies
Communication
Innovation
Tenacity
Drive
Time Management
Ability to work effectively within a team and independently
Team player
Attention to detail
Accounting / numeracy skills
Meeting reporting deadlines
Accuracy, validity, and completeness of information produced
Leadership
Experience and Qualifications
B Comm (Finance Management) or equivalent Management Accounting qualification
Honors (Finance Management) or equivalent Management Accounting qualification
CA(SA) or CIMA (advantageous)
Minimum 4-5 years related work experience
Minimum 1 - 2 years working experience in a senior finance role
Good understanding of IFRS and application thereof
MS Outlook
Advanced level Excel
Advantageous Sage X3
Onestream
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.
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