Systems and Commissions Administration Officer - Employee Benefits/Financial Services - Financial Services Employee Benefits

Recruiter:

Execuplace Appointments

Job Ref:

924

Date posted:

Tuesday, May 17, 2022

Location:

Johannesburg, South Africa

Salary:

R300K - R360K

SUMMARY:
Systems & Commissions Administration Officer - Financial Services - Employee Benefits

JOB DESCRIPTION:

Our client, a dynamic Financial Services Organisation seeks to employ a Systems and Commissions Administration Officer
based in Midrand.

What the role is accountable for

The Systems Commisions Administration Officer is responsible for the all-round reporting of daily commission allocations to the individual Financial Planning Advisors and ensuring that the latest bank deposit information is updated into the BIAS system and all commission balances off correctly to ensure a smooth preparation for payroll submission. Conducting administrative tasks such as communicating, statement requests, follow ups and query management with brokers, service providers and managers. This role will also provide support with reference to BIAS system related projects and processes

Role Reporting

Financial Planning Executive

A typical day may include :

Opening Latest Bank Deposit information on a daily basis
Follow up on any unclear Deposit descriptions
Updating Bank Deposits into BIAS
Chasing Commission Statements from Product suppliers
Allowing Company''''s EB Commission Statements
Follow up of outstanding Bank Deposits, Commission Statements and unallocated amounts
Sorting out queries from Product Providers, Financial Advisors, BU Managers and Administrators
Preparation of Payroll instructions for Commision earnings
Checking and obtaining sign off of Monthly Commission Payroll
Assisting with Product Provider Contract Documentation
Liaising with Commissions SystemProvider as required
Review integrity of Commission data on the system
Attending BIAS meetings with reference to sytem development for EB Team

QUALIFICATIONS REQUIRED

Matric, Excell Skills, Bookkeeing or similar

Preferred Qualifications

- Business /Finance Qualification

EXPERIENCE

Functions and systems related experience 3 years

Leading teams - 2 years

Other experience 2 years in bookkeeping and reconciling role

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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