Senior Commission Specialist

1 week ago


Johannesburg, Gauteng, South Africa Ultra Personnel Full time
Job Description

We are seeking a highly skilled Senior Commission Specialist to join our team at Ultra Personnel.

About the Role

The successful candidate will be responsible for supporting the business team in all regions with commission calculations. As the central point of contact for all commissions processing, you will play a critical role in the day-to-day operations, interacting daily with Financial Planners, Financial Assistants, and the Finance Team.

You will be required to monitor and reconcile the daily bank statement for both Company Advisory and company relating to commission/fee deposits received. Additionally, you will receive and process individual product provider commission statements relative to the daily bank deposits received.

Your responsibilities will also include creating and processing manual commission payments, querying management with product providers on queries, and managing suspense entries in line with internal business processes.

Key Responsibilities
  • Support the business team in all regions with commission calculations
  • Maintain the employee database on the commission system
  • Monitor and reconcile the daily bank statement for both Company Advisory and company relating to commission/fee deposits received
  • Create and process manual commission payments
  • Manage suspense entries in line with internal business processes
Requirements

To be successful in this role, you will need to have a minimum of 2-3 years experience in an Operations and Client Services environment or 2-3 years experience in dealing with commission/fee processing and payments as well as exposure to financial processes (invoicing and payments).

Additionally, you will require knowledge and understanding of the Financial Services Industry, including basic product knowledge and related commission/fee payment processes. You will also need excellent communication skills, both written and verbal, as well as computer literacy in Microsoft Office.

What We Offer

We offer a competitive salary of $55,000 per annum, plus benefits and opportunities for career growth and development.



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