Commission Operations Specialist
4 days ago
Ultra Personnel is seeking a Commission Operations Specialist to support the business team in all regions with commission calculations. This critical role plays a vital part in day-to-day operations, interacting daily with Financial Planners, Financial Assistants, and the Finance Team.
About the RoleWe offer an estimated annual salary of $60,000 - $80,000 for this position based on industry standards. The successful candidate will be responsible for maintaining the employee database on the commission system, monitoring and reconciling daily bank statements, and creating manual commission payments.
Key Responsibilities- Maintain accurate records and ensure timely processing of commission payments
- Monitor and reconcile daily bank statements for both Company Advisory and company relating to commission / fee deposits received
- Process individual product provider commission statements relative to the daily bank deposits received
- Create and process manual commission payments (i.e. referral business or direct payments from clients for professional services)
- Resolve queries and issues with product providers and internal stakeholders
- Prepare month-end reconciliation packs for Finance
To succeed in this role, you will need:
- A Matric qualification
- Certificate or Diploma in finance / insurance or a related field
- Minimum 2-3 years experience in an Operations and Client Services environment or similar pressurized environment
- Knowledge of the Financial Services Industry, including basic product knowledge and related commission / fee payment processes
- Excellent communication and problem-solving skills
As a Commission Operations Specialist at Ultra Personnel, you can expect:
- A competitive salary range of $60,000 - $80,000 per year
- The opportunity to work in a dynamic and fast-paced environment
- Ongoing training and development opportunities
- A supportive and collaborative team
If you are a motivated and detail-oriented individual with excellent communication skills, please submit your application through our website.
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