commissions administrator

1 week ago


Pretoria, Gauteng, South Africa HR Genie Full time

Our client, a leading company in the financial services industry, got two positions available.

Your:

Formal Education:

  • Minimum: Matric with mathematics or accounting

Experience:

  • This position requires at least 2 years working experience in a commission related role. Experience in the financial services industry is an advantage

Knowledge:

  • Computers and programs - excellent knowledge of MSOffice (Word, Excel and Outlook).
  • Clerical intermediate administrative and clerical procedures such as word processing, managing files and records.
  • Fluent in English (speak, read & write). Afrikaans will be an advantage.

will enable you to fullfill the following duties:

People:

  • Regular interaction with fellow-employees, financial advisors and product providers to ensure the effective delivery of administrative requirements.

Commissions:

  • Request monthly commission statements from all product providers (via email and telephone). Save the statements accordingly for easy accessibility.
  • Process timely and accurately the daily/weekly/monthly commissions for 200+ financial advisors on the internal Commsplit commission system via a manual and automatic import process.
  • Manage the client information Inbox daily and load all client information reports received.
  • Manage the outstanding client information process. Request client information from advisors and capture daily on commissions system. This is a crucial part of the position and is measured continuously.
  • Ensure exception reports are dealt with and allocated. Take corrective measures to ensure commission statements balance with the commission system.
  • Deal with any commission related enquiries from your HOD.
  • Manage the special payments commission loads. Advisors to inform you which product provider relates, obtain statements and load. Compile associated documentation and present.
  • Process all commission schedules.
  • Email individuals commission statements to advisors as requested.

Bookbuys and Client Transfers:

  • Manage the new advisor book imports process according to set deadlines.
  • Communicate progress regularly with HOD and advisors.
  • Use the commission system to do and check the book-buy reconciliations (excel and manual) and obtain sign-off from HOD.

Reporting:

  • Coordinate information for monthly Operations Report.
  • Generate and distribute commission schedules to financial advisors

Other Administrative Support:

  • Provide other clerical and administrative support in the operations division as required.


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