Financial Administration

Found in: Talent ZA C2 - 3 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 institutions to support the deposits made into the CSO bank account (TCF).
  • Perform a reconciliation between the deduction requests submitted and the feedback received from different institutions, ensuring that the feedback aligns with the amount deposited into the bank account.
  • Update any differences identified through this reconciliation in Aims to ensure accurate reflection of receipts (TCF).
  • Allocate deposits in FNB Deposit account and bank account journal(s).
  • Investigate the system-generated exception report concerning deposits that couldn't be allocated in AIMS.
  • Conduct monthly reconciliation between the bank statement and transactions allocated on AIMS (both system-generated and manual) to ensure completeness and accuracy.
  • Prepare the journal to be posted to Sage.
  • Calculate amounts to be refunded to policyholders (TCF).
  • Process refund requests that have been received.
  • Identify all Aims transactions related to the refund.
  • Perform calculations based on the number and value of premiums received, taking into account any applicable premium increases.

Requirements:

Formal Education:

  • Matric with mathematics and accounting.

Technical/Legal Certification:

  • National diploma (an advantage).

Experience:

  • 1 Year of finance experience (an advantage).
  • Exposure to the insurance industry would be beneficial.
  • A working knowledge of AIMS is preferred.

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