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Senior Estate Administration Professional

2 weeks ago

Centurion, Gauteng, South Africa The Recruitment Council Full time
Job Description

We are seeking a Senior Estate Specialist to join our team at The Recruitment Council. The successful candidate will be responsible for managing deceased estates, primarily focusing on business interests.

Key Responsibilities:
  • Collaborate with stakeholders, including accountants, attorneys, shareholders, financial institutions, and the Master of the High Court, to resolve issues related to business rescue or liquidation, obtain business valuations, and provide financial information for SARS estate duty purposes.
  • Apply in-depth knowledge of relevant legislation, including the Administration of Estates Act 66 of 1965, Insolvency provisions, Intestate Succession Act, Matrimonial Property Act, Wills Act, Estate Duty Act, Firearm Control Act, FICA, FAIS, POPI, and SARS taxation framework.
  • Understand and apply the implications of situs and the appointment of an offshore executor when dealing with assets not held in South Africa.
  • Manage the wider process requirements of various financial, legal, and SARS entities to move the estate forward in a timely manner.
  • Apply accounting frameworks as outlined in the Administration of Estates Act and best practices related to balancing the estate account, ongoing cash statement, cash reconciliation accounting, and understanding financial statements of businesses and taxation calculations required by SARS.
Client Relationships:
  • Bilateral relationships with internal and external stakeholders to enhance client service delivery.
  • Participation in work culture that fosters productivity, quality management, and client-centric thinking.
  • Resolving client queries efficiently to improve client service and business processes.
People Development:
  • Contributing to a culture that builds rewarding relationships, facilitates feedback, and provides exceptional client service.
  • Developing collaborative working relationships with peers and stakeholders.
  • Influencing change initiatives positively and continuously developing professional, industry, and legislative expertise.
Qualifications and Experience:
  • Advanced Diploma in Estate and Trust Administration from UFS.
  • Additional qualifications relevant to deceased estate administration.
  • FISA Membership is advantageous.
  • Tax knowledge and experience with business interests are critical elements.
  • Minimum 5-8 years of experience in estate administration.
  • Tax knowledge and experience with business interests are essential.