Reconciliation Administrator

2 weeks ago

Pretoria, South Africa Sci Tech Placements Full time

Reconciliation (Internal Process)
- Across our CIS Manco entities, Asset Manager entities, and Lisp entities
- Liability administration System Unit Value Vs. Liability administration System Cash
- Liability administration System Cash Vs. External Bank
- Liability administration System Cash Vs. Asset administration System Cash
- Asset administration System Units Vs. Custodian Units
- Asset administration System Cash Vs. External Bank
- Assess the root cause of each reconciling item, escalate the root cause to the correct root cause partner, and escalate clearance plan steps to each clearance partner.
- Manage the process of clearing each outstanding reconciling item by liaising with multiple stakeholders and tracking progress until resolution.
- Provide input into the Status of Recons risk identification processes by escalating findings regarding Age, nature and amount risk-analysed unmatched transactions, highlighting the risk of financial loss as part of the annotation, and by escalating any deficiencies in partner service to relevant management.
- Provide monthly reports to various stakeholders, respond to all the associated queries related to transactions forming part of the reconciliations, and provide feedback within the agreed service level.
- Develop and maintain productive and collaborative working relationship with peers and stakeholders by employing varied communication techniques that suit the various reporting structures, line of business systems, and ways of work.
- Review the data integrity of bank accounts, money market bank transaction, reconcile the variances, and escalate the issues to the relevant department.
- Capture interest adjustment transactions on the system based on information reflected on the external Manco or fund manager fund statements and provide timeous feedback to the trading team.
- Conduct integrity control on clients accounts by verifying that the amount paid for unit trusts is matched with the cash flows withdrawn from the clients accounts to enable the fair treatment of clients.
- Investigate unidentified or unallocated cash deposits or payments and escalate the findings to relevant departments or root cause partners in service teams.
- Understanding the mapping of financial structures between bank accounts entries and system entries to request reallocations where there are mismatches
- Prepare refund instructions on invalid unmatched cash-flow exception transactions, or unmatched liability admin system transactions and forward them to relevant departments for instruction to banking and cash management team.
- Identify price corrections In Unit trust instruments held, or in CIS fund itself, prepare a trade analysis, drive the corrections to be processed by the relevant Fund Manager and escalate the corrections to relevant departments or stakeholders for corrections on client contracts.
- Ensure daily that the LISP assets vs Fund Manager assets are in line, and all discrepancies are investigated and cleared.
- Ensure daily that Fund Manager fund balances vs Fund Manager entries are in line, and that all discrepancies are investigated and cleared.
- Ensure that all write offs for units and cash are in balance and valid before every month end; any discrepancies to be handled accordingly and cleared.
- Responsible for weekly rotating responsibilities within the team such as manage the work mailbox, Finswitch downloads, bank allocations, and the query system.

Engage with clients in a client centric manner (Client Services)
- Investigate client queries within the agreed service level and ensure that client receives timeous feedback
- Escalate client queries to the relevant department or stakeholder
- Build and maintain relationships with clients and internal and external stakeholders
- Deliver on service level agreements made with clients and internal and external stakeholders to ensure that client expectations are managed
- Make recommendations to improve client service and fair treatment of clients within area of responsibility
- Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service

Self-management and teamwork (People)
- Continuously develop own expertise in terms of professional, industry and legislation knowledge
- Contribute to continuous innovation through the development, sharing and implementation of new ideas
- Take ownership for driving career development

Contribute to financial controls and planning (Finance)
- Manage financial and other company resources under your control with due respect
- Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

**Competencies**:

- Business Acumen

Understands the fundamental of how a Collective Investments and a Link Investment Service Provider business operates, and how individual performance links to financial performance.
- Collaboration

Works cooperatively with others and respon

  • Financial Administrator

    Found in: Talent ZA C2 - 1 day ago

    Pretoria, South Africa People Dimension Full time

    Job Description/Duties:· Record day to day financial transactions and complete the posting process (Mainly cashbook).· Verify that transactions are recorded in the correct supplier’s ledger, customer ledger, cashbook and general ledger.· Ensure timely reconciliation of the customer billing process.· Perform the weekly cashflow and submit cashflow for...

  • Financial Administrator

    Found in: Talent ZA 2A C2 - 6 hours ago

    Pretoria, South Africa People Dimension Full time

    Job Description/Duties:· Record day to day financial transactions and complete the posting process (Mainly cashbook).· Verify that transactions are recorded in the correct supplier’s ledger, customer ledger, cashbook and general ledger.· Ensure timely reconciliation of the customer billing process.· Perform the weekly cashflow and submit cashflow for...

  • Financial Administrator

    Found in: Whatjobs ZA C2 - 21 minutes ago

    Pretoria, South Africa People Dimension Full time

    Job Description/Duties: · Record day to day financial transactions and complete the posting process (Mainly cashbook). · Verify that transactions are recorded in the correct supplier’s ledger, customer ledger, cashbook and general ledger. · Ensure timely reconciliation of the customer billing process. · Perform the weekly cashflow and submit...

  • Project Administrator

    4 days ago

    Pretoria, South Africa Drivio Full time

    Drivio is a holistic Novice and Professional Driving Academy servicing small and large organisations throughout South Africa. Drivio has a portfolio of corporate clients that require driver training services, as and when required. The company is expanding through the African continent and the Middle East. To support our corporate office, we are seeking the...

  • Insurance Billings and Recons Administrator

    1 day ago

    Pretoria, South Africa H2R Africa Full time

    Our client, an Insurance Risk Management Company, has a permanent vacancy for an Insurance Billing and Recons Administrator. To ensure accurate billings, reporting and risk assessments for the insurance company. Commercial degree (Finance/Accounting/Insurance) 2 to 3 years experience in Billings, Recons and Risk assessments in an insurance environment An...

  • Administrator

    4 days ago

    Pretoria, South Africa Kamalogic SA Full time

    **Duties and Responsibilities** **The main purpose of the job is to ensure effective reconciliation of cash and clearance of customer cheques.** - The role also requires effective management of internal payment transfers and processing of parts estimate costing. **The role also requires effective checking of unclaimed cash parts and effective management of...

  • Trust Administrator

    3 days ago

    Pretoria, South Africa Pro-Match Recruitment Full time

    **A fast-growing trust entity in Pretoria is looking for a Trust Administrator to become part of their finance team.** **Responsibilities**: - Adapt to fast-changing financial and tax environment - Reconciliation of Bank Accounts - Registration of Trusts - Trust and Trustee Amendments - Trust Deregistration - Conduct month-end and year-end close processes...

  • Financial Administrator

    Found in: Talent ZA C2 - 2 weeks ago

    Pretoria, South Africa People Dimension Full time

    IntroductionA well-established Telecommunications company based in Irene, pretoria is looking for a Financial Administrator (Full Creditors function) to join their team. The suitable candidate to fill this role will be required to provide financial, administrative, and clerical services.The financial administrator (creditors) will be responsible for the full...

  • Financial Administrator

    Found in: Talent ZA C2 - 2 weeks ago

    Pretoria, South Africa Status Asset Management Full time

    Position: Financial AdministratorLocation: Lynwood, PretoriaEmployment Type: Fixed-term Contract Job Overview:We are seeking a motivated Financial Administrator to become a valuable part of our finance team. This is an excellent opportunity to gain hands-on experience, enhance your skills, and contribute to the financial success of our organisation.As a...

  • Financial Administrator

    Found in: Whatjobs ZA C2 - 6 days ago

    Pretoria, South Africa Numeral Financial Services Group Full time

    Position: Financial Administrator Location: Lynwood, Pretoria Employment Type: Fixed-term Contract   Job Overview: We are seeking a motivated Financial Administrator to become a valuable part of our finance team. This is an excellent opportunity to gain hands-on experience, enhance your skills, and contribute to the financial success of our...

  • Financial Administrator

    Found in: Talent ZA 2A C2 - 2 weeks ago

    Pretoria, South Africa Numeral Financial Services Group Full time

    Position: Financial AdministratorLocation: Lynwood, PretoriaEmployment Type: Fixed-term Contract Job Overview:We are seeking a motivated Financial Administrator to become a valuable part of our finance team. This is an excellent opportunity to gain hands-on experience, enhance your skills, and contribute to the financial success of our organisation.As a...

  • Financial Administrator

    Found in: Talent ZA C2 - 2 weeks ago

    Pretoria, South Africa People Dimension Full time

     Job Description/Duties:? Financial Administration for the company.? Handling the daily financial duties, as well as ensuring accurate record keeping and complete reporting.? Loading all Payments Receipts and fully processing the Cashbook.? Budgeting, financial forecasting and performance reporting. ? Formulating, developing and maintaining financial...

  • Accounting Administrator

    4 days ago

    Pretoria, South Africa Nexus Employment Professionals Full time

    **Accounting Administrator**: **Salary**: R15 000 - R20 000 per month **Area**: Val-De-Grace, Pretoria Our client in the Accounting industry is actively seeking an experienced Accounting Administrator to join their team in the Val-de-Grace area. If you have a strong background in accounting and are looking for a new opportunity, we encourage you to...

  • Administrator

    1 day ago

    Pretoria, South Africa South African Reserve Bank Full time

    The main purpose of this position is to prepare, execute, monitor and report on the South African Reserve Bank’s (SARB) information and communications technology (ICT) capital budget and the Business Solutions and Technology Department’s (BSTD) operational budget to allow for efficient financial management within BSTD. Detailed Description Plan the...

  • Creditors Administrator

    1 day ago

    Pretoria, South Africa People Dimension Full time

    **Job Description/Duties**: **Job Purpose** Responsible for the companies and its subsidiaries creditors’ management to mutual satisfaction of company and customers. **Output**: Creditors Age Analysis - Identify and allocate payments against relevant supplier account. - Check Age analysis weekly to manage unpaid suppliers. - Request statements from...

  • Ptp Administrator

    1 day ago

    Pretoria, South Africa SoluGrowth (Pty) Ltd. Full time

    Responsible for the processing of invoices for multiple suppliers and communicating with suppliers when necessary. - Recognizing and tracking invoice queries where necessary to avoid late payment. - Ensuring that the reports have no outstanding postings over a 3-month period. - Ensuring all documentation is attached, accordingly. - Assist with weekly payment...

  • Creditors Administrator

    Found in: Talent ZA C2 - 2 weeks ago

    Pretoria, South Africa People Dimension Full time

    Job Description/Duties:Job PurposeResponsible for the companies and its subsidiaries creditors’ management to mutual satisfaction of company and customers.Output:Creditors Age Analysis· Identify and allocate payments against relevant supplier account.· Check Age analysis weekly to manage unpaid suppliers.· Request statements from suppliers to reconcile...

  • Creditors Administrator

    Found in: Talent ZA 2A C2 - 2 weeks ago

    Pretoria, South Africa People Dimension Full time

    Job Description/Duties:Job PurposeResponsible for the companies and its subsidiaries creditors’ management to mutual satisfaction of company and customers.Output:Creditors Age Analysis· Identify and allocate payments against relevant supplier account.· Check Age analysis weekly to manage unpaid suppliers.· Request statements from suppliers to reconcile...

  • Financial Administration

    Found in: Talent ZA C2 - 2 weeks ago

    Pretoria, South Africa Isilumko Staffing Full time

    Responsibilities:Request commercial stop order deductions (TCF).Retrieve deduction request files from Aims.Extract different deduction requests from Aims reports and prepare them for submission to various institutions via email.Follow up on deduction requests distributed by Hyphen.Reconcile commercial stop order receipts.Request feedback from different...

  • Junior Accounting Administrator

    7 days ago

    Pretoria, South Africa RJPersonnel Full time

    2years Recordkeeping of accounting systems by making use of current computer technology Prepare forms and manuals for accounting and bookkeeping activities Assist with the monitoring of invoice payments on a monthly basis. Assist with compilation and checking of salary payments, incentive scheme calculations, overtime, refunds, etc. Reconciliation and...