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Internship: Finance Administrator at Discovery Limited
Discovery Limited
October 18, 2026
Full-time
On-site
Key Purpose
The primary function of this role of Finance Administrator Intern is to effectively perform the tasks of the Cash Control Team for Individual Life, Invest, Group Risk and Umbrella Funds
Areas of responsibility may include but not limited to
To be able to understand the requirements and processes of the Life Cash Control department as per Training and Standard Operating Process documents provided for Individual Life, Invest, Group Risk and Umbrella Funds
Review of the Task schedule assigned by ensuring delivery of the Life Cash Control tasks are completed
Ensuring that daily Billing and Collections are reconciled with exceptions investigated that does not conform to business processes or regularity requirements
To make certain Bank Statements are reviewed daily and reconciled to system and to investigate and correct any imbalances identified
Ensuring the daily submission files for Debit Orders and Payments are reconciled to corporate database before files can be released to the Bank and verifying the Bank' responses
Allocation of daily premiums from Bank Statements and ensuring that all unidentified deposits are investigated and reported
Coordinating business requirements and queries to relevant stakeholders and to ensure any failures are logged and reported to management
Ensuring delivery of daily and monthly reporting to business and ensure all reports are securely and correctly stored for management reviewing and audits
Active participation in weekly Team Meetings and monthly One on One sessions where issues are identified and resolved and to record the progress of team and individual staff
Education and Experience
Essential:
TVET N6 Financial Qualification
Advantageous:
Matric Qualification
Technical Skills and Knowledge
Essential:
Intermediate proficiency in MS Word, MS Excel, MS Outlook.
Good mathematical and analytical skills.
Good interpersonal skills.
Advantageous:
Knowledge of the Life Insurance market.
The primary function of this role of Finance Administrator Intern is to effectively perform the tasks of the Cash Control Team for Individual Life, Invest, Group Risk and Umbrella Funds
Areas of responsibility may include but not limited to
To be able to understand the requirements and processes of the Life Cash Control department as per Training and Standard Operating Process documents provided for Individual Life, Invest, Group Risk and Umbrella Funds
Review of the Task schedule assigned by ensuring delivery of the Life Cash Control tasks are completed
Ensuring that daily Billing and Collections are reconciled with exceptions investigated that does not conform to business processes or regularity requirements
To make certain Bank Statements are reviewed daily and reconciled to system and to investigate and correct any imbalances identified
Ensuring the daily submission files for Debit Orders and Payments are reconciled to corporate database before files can be released to the Bank and verifying the Bank' responses
Allocation of daily premiums from Bank Statements and ensuring that all unidentified deposits are investigated and reported
Coordinating business requirements and queries to relevant stakeholders and to ensure any failures are logged and reported to management
Ensuring delivery of daily and monthly reporting to business and ensure all reports are securely and correctly stored for management reviewing and audits
Active participation in weekly Team Meetings and monthly One on One sessions where issues are identified and resolved and to record the progress of team and individual staff
Education and Experience
Essential:
TVET N6 Financial Qualification
Advantageous:
Matric Qualification
Technical Skills and Knowledge
Essential:
Intermediate proficiency in MS Word, MS Excel, MS Outlook.
Good mathematical and analytical skills.
Good interpersonal skills.
Advantageous:
Knowledge of the Life Insurance market.