Job Description
Successful candidate will be responsible to ensure that all fund-related transactions between the operations system reconcile to the financial system.
Ensure that revenue and profits relating to funds are accurately accounted for and fund provisions are evaluated and accounted for based on business requirements and accounting standards. Identify and report the operational risks.
Review current processes and develop streamlined process including automation.
Analyse fund related transactions, identify discrepancies and opportunities, and provide insights.
Train junior staff members.
Position Overview
Specific Role Responsibilities
Reconcile and rectify errors between the operational and financial system
Preparation of month end journals
Completing reconciliations of funds within strict deadlines for management
Calculating profit and loss on terminated plans monthly
Assisting call centre agents regarding plan queries on the operational system
Creating uploaders for transactions not automatically integrating into the system
Identifying, analysing and correcting system and human errors found between the financial system and customer management system
Collaborate with the Business Intelligence department, Policy Admin, Creditors and Debtors departments
Follow up on any matters and queries arising from other departments and action accordingly
Understanding of the product offerings and application to IFRS
Identification of risks which could have a financial and operational implication for the company
Scrutinise and maintain data integrity by checking for errors and validity of the data
Analyse data and results, investigate discrepancies and opportunities
Continuous process improvement including automation
The functions and responsibilities listed here may be changed at any time depending upon operational requirements of the employer
Aid in training junior staff members
Qualifications and Experience
Grade 12/Matric
Bachelors degree in Accounting, Finance or equivalent qualification
Data analytics-related course with a minimum of 3 years' experience in a business environment
SQL experience
Skills and Personal Attributes
Ability to work within a high volume / high-pressure environment
Strong analytical and diagnostics skills to draw insights
Well-developed numerical reasoning and interpretation skills
Broad project management and organisational skills
Attention to detail and accuracy
Deadline driven and strong sense of urgency
Must be able to multi-task and adapt to change
Team player with an ability to build and maintain relationships with stakeholders
Proactive and takes accountability for responsibilities
Agile and resilient
Ethical, honest and autonomy
Proficiency in MS Office with Advanced Excel skills
Must be tech savvy and be able to pick up systems quickly
SQL coding and data extraction
Credit and criminal clear
Own or reliable transport
Own and live up to company values
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