Banking Administrator

6 months ago

Johannesburg, South Africa Bryte Insurance Full time

**Who are we**

Bryte Insurance Company Limited is Southern Africa’s premier, proactive business risk specialist. Through its unparalleled industry insights, proven expertise and foresight, Bryte Insurance partners with customers and brokers to protect their businesses and improve their risk profiles. Bryte Insurance Company Limited is a subsidiary of Fairfax Financial Holdings Limited. Fairfax is a holding company based in Toronto, Canada which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

**Our opportunity**

Banking administrator responsible for various banking related functions as noted below.

**Key Tasks & Accountabilities**

Functional Management

**Effective and accurate processing and payment of non-operational expense invoices**
- Ensure accurate processing, i.e. correct allocation of payments to correct cost Centre through adherence to internal processes.
- Ensure cheque requisitions are accurately completed, approved by cost Centre manager, and accompanied with all supporting documentation, i.e. approved supplier statement and/or approved (signed-off) invoice and proof of banking details.
- For large payments, ensure approval by a senior manager.
- Ensure timeous loading of approved payments on the FNB portal.
- Import payments onto SAP system on a daily basis and process the SM35 statement to various GL accounts.
- Ensure accurate vat processing for tax invoices vs. non-VAT vendors.
- Escalate all system issues (SAP / TIA system) to manager.
- Loading of funding requirements (investments, RI payments and other bank transfers and payments
- Loading of all Bryte Insurance funding requirements for approval in line with approved instructions (Investments, RI payments, salaries funding, once-off payments, etc) and posting of journals
- Processing of journals for Bryte Life
- Manage AP rejections by advising the AP team.
- TIA Receipts Allocations
- Capture and allocate premium and claims recoveries received to various debtor’s accounts according to reference detail received from the credit control team.
- Capturing and allocation of receipts to be done regularly and timeously (with the bulk allocation period being between the 15th to cut-off date of each month)
- TIA Receipts Allocations (continued)
- Escalate and resolve claims recovery rejections with the claims specialist responsible for loading the payments.

**Loading of funding requirements (investments, RI payments and other bank transfers and payments**
- Loading of all Bryte Insurance funding requirements for approval in line with approved instructions (Investments, RI payments, salaries funding, once-off payments, etc) and posting of journals
- Processing of journals for Bryte Life
- Manage AP rejections by advising the AP team.
- TIA Receipts Allocations
- Capture and allocate premium and claims recoveries received to various debtor’s accounts according to reference detail received from the credit control team.
- Capturing and allocation of receipts to be done regularly and timeously (with the bulk allocation period being between the 15th to cut-off date of each month)

**TIA Receipts Allocations**
- Capture and allocate premium and claims recoveries received to various debtor’s accounts according to reference detail received from the credit control team.
- Capturing and allocation of receipts to be done regularly and timeously (with the bulk allocation period being between the 15th to cut-off date of each month)
- Escalate and resolve claims recovery rejections with the claims specialist responsible for loading the payments.
- Investigate and resolve internal queries received from the various stakeholders (credit control team, claims department and underwriting teams)

**Preparation of bank reconciliations / Clearing accounts**
- Prepare bank reconciliations on a monthly basis within the timeline period (7th working day post close-off)
- Identify all reconciling items, investigate, follow up on long outstanding items and clear items (items in GL not on bank statement / Items on bank statement not in GL)
- Processing of manual journal entries, i.e. bank charges, interest received and cash movements.
- Investigate and follow up on transactions posted to the TIA clearing account.
- Liaise with the bank regarding transaction queries.
- Match and clear EFT in / EFT out accounts on a regular basis to ensure no long outstanding reconciling items.

**Stakeholder Support**
- Respond and action queries received from the Finance senior management team.
- Query resolution from internal stakeholders - Queries to be actioned and resolved timeously (brokers, credit control, claims team and other internal stakeholders
- Assist with system enhancement testing (TIA related interfaces)

**Qualification & Experience**
- Finance degree.
- Minimum 3-5 years’ experience in banking administration

**Skills**
- Analytical
- Financial management
- Collaborati

  • Transactional Banking Administration Assistant

    6 months ago

    Johannesburg, South Africa Armstrong Appointments Full time

    Johannesburg - Posted 5 hours ago **Main job function** **Transactional Banking Administration Assistant - Gauteng - 3-month Fixed term contract**: **CORE PURPOSE OF THE JOB**: To assist the sales consultants in Gauteng with the administrative duties of on boarding business banking accounts and ensuring excellent customer services with new and existing...

  • Bank and Cash Administrator

    2 months ago

    Johannesburg, South Africa Jobted ZA C2 Full time

    Are you detail-oriented with a strong background in cash management and financial processes? We are looking for a skilled Bank and Cash Administrator to manage daily banking tasks, maintain accuracy, and ensure adherence to financial governance standards. Key Responsibilities: - Manage and prepare daily cash flow, ensuring submissions meet deadlines. -...

  • Bank and Cash Administrator

    2 months ago

    Johannesburg, South Africa Isilumko Staffing Full time

    Are you detail-oriented with a strong background in cash management and financial processes? We are looking for a skilled Bank and Cash Administrator to manage daily banking tasks, maintain accuracy, and ensure adherence to financial governance standards.Key Responsibilities:- Manage and prepare daily cash flow, ensuring submissions meet deadlines.- Execute...

  • Bank and Cash Administrator

    1 month ago

    Johannesburg, South Africa Isilumko Staffing (JHB) Full time

    Are you detail-oriented with a strong background in cash management and financial processes? We are looking for a skilled Bank and Cash Administrator to manage daily banking tasks, maintain accuracy, and ensure adherence to financial governance standards.Key Responsibilities:- Manage and prepare daily cash flow, ensuring submissions meet deadlines.- Execute...

  • Banking Recruiter

    6 months ago

    Johannesburg, South Africa Boardroom Appointments Full time

    **Location**: Johannesburg, South Africa (Onsite) **Key Responsibilities**: **Sourcing and Talent Acquisition**: **Collaboration and Relationship Management**: - Develop and maintain strong relationships with hiring managers and key stakeholders. - Partner with hiring managers to understand their staffing needs and provide guidance on recruitment...

  • Finops Administrator Banking Claremont

    6 months ago

    Johannesburg, South Africa The Recruitment Council Full time

    Seeking a FinOps Administrator opportunity within the dynamic landscape of financial services? Join a leading financial institution through our esteemed client. As a FinOps Administrator, you'll be pivotal in ensuring the seamless execution of financial controls of a LISP, Life Company, CIS Manco and retirement funds. Key responsibilities: - Authorised...

  • Transactional Banking Support Specialist

    1 month ago

    Johannesburg, Gauteng, South Africa Armstrong Appointments Full time

    Main job function: Transactional Banking Support SpecialistSupport the sales consultants in Gauteng with the administrative duties of onboarding business banking accounts, ensuring excellent customer services, and adhering to bank policies and procedures.Main Functions of the JobAssists the Relationship consultant in servicing existing clients and onboarding...

  • Transactional Banking Administration Assistant

    3 months ago

    Johannesburg, South Africa Armstrong Appointments Full time

    Main job function To assist the sales consultants in Gauteng with the administrative duties of on boarding business banking accounts and ensuring excellent customer services with new and existing clients, whilst adhering to the banks policies and procedures. MAIN FUNCTIONS OF THE JOB Administration Assists the Relationship consultant in servicing existing...

  • Loans Administration Manager: Investment Banking Operations

    2 months ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job SummaryWe are seeking a highly skilled Loans Administration Manager to join our Investment Banking Operations team. The successful candidate will provide oversight, support, and guidance for all new deals, reviewing processes, procedures, and systems to identify trends and opportunities for improvement.Key ResponsibilitiesProviding strategic guidance and...

  • Business Banking Support Specialist

    4 weeks ago

    Johannesburg, Gauteng, South Africa Armstrong Appointments Full time

    Job DescriptionWe are seeking a highly skilled Business Banking Support Specialist to join our team at Armstrong Appointments.Main ResponsibilitiesAssist Relationship Consultants in servicing existing clients and onboarding new clients.Complete applications, documentation, debit card activation, and Electronic Banking services as per client requests.Monitor...

  • Regional Head: Business Banking

    6 months ago

    Johannesburg, South Africa Bidvest Bank Full time

    **Primary Purpose** This role is responsible for the strategic direction, growth, and performance of the business banking segment within the Inland region. You will be responsible for developing and executing business plans that align with PBB and Bank objectives while ensuring profitability, customer satisfaction, and regulatory compliance. Additionally,...

  • Administrator

    6 months ago

    Johannesburg, South Africa LRI Invest S.A. Full time

    **Role summary**: We are seeking an Administrator, to provide administration services to a client portfolio under the direction of a Senior Administrator and Assistant Manager, ensuring all payment deadlines are met. The Cash Management Department’s primary responsibility is to ensure we meet client requirements, to process and deliver payment...

  • Investment Banking Operations Director

    1 month ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    As Loans Administration Manager - Investment Banking Operations, you will be responsible for providing oversight, support and guidance for all new deals, reviewing processes, procedures and systems to identify trends and opportunities for improvement.

  • Team Leader Banking Operations

    6 months ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Team Leader Banking Operations

    6 months ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Senior Legal Administrator

    1 month ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Isilumko Staffing is seeking a highly skilled LLB / Paralegal to join one of the top banks in South Africa on a 6-month contract.Key Responsibilities:Support the legal team with pleadings, subpoenas, and investigations.Assist with court orders and findings.Requirements:Matric with excellent grades.LLB / Paralegal studies with practical experience and good...

  • Banking Advisor

    2 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello future Banking Advisor - Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. Now’s the time to imagine your potential in a team where experts come together and ignite effective change. Role Purpose To assist in...

  • Banking Advisor

    6 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello future Banking Advisor - Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. Now’s the time to imagine your potential in a team where experts come together and ignite effective change. Role Purpose To assist in...

  • Loans Administrator: Investment Banking Operations

    8 months ago

    Johannesburg, South Africa Isilumko Staffing Full time

    Providing oversight, support and guidance for all new deals, reviewing processes, procedures and systems to identify trends and opportunities for improvement. **Requirements**: - Bachelor's Degree (preferably commerce). - Experience in adding value and delivering professional, client-centric services to clients. - Experience working in Financial...

  • Banking Advisor

    2 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To assist in proactively managing a portfolio of affluent clients with a team of Private Bankers through provision of analysis, research, sales and service fulfilment with the intent of identifying additional opportunities for banking new clients and growing a portfolio of existing clients through effective stakeholder management. -...