Benefits Reconciliation Administrator - 6 month contract

SUMMARY:

POSITION INFO:
My client is seeking a Benefits Reconciliation Administrator to join their dynamic team. If you thrive in a fast-paced environment and possess exceptional analytical skills, we want to hear from you!

This is a 6-month contract role based in Sandton.

Key Responsibilities:

• Daily Interfacing and Audit Inspection:
  
  • Analyze errors and ensure data integrity for audit inspection.
• Cost Accounts Management:
  
  • Maintain cost accounts for Funds Management services.
  • Undertake monthly and daily cost allocations, ensuring accurate departmental cost recovery.
  • Reconcile balance sheets monthly, investigating and correcting anomalies.
• Monthly Reporting:
  
  • Prepare comprehensive monthly cost reports by collating reconciliation and cost allocation data.
  • Investigate and rectify anomalies before submission to the Senior Financial Controller within deadlines.
• Regulatory Compliance:
  
  • Prepare quarterly SARB Stats Reporting.
  • Handle VAT inputs, including gathering data, invoice processing, and submission of VAT201 Declaration to SARS.
  • Ensure compliance with tax legislation, staying updated with changes.
• Staff Reimbursement Summary:
  
  • Prepare a summary of staff reimbursements for management review.
• Employee Benefit Bank Reconciliation:
  
  • Capture transactions for salaries and benefits bank accounts.
  • Reconcile employee benefit bank accounts on a daily basis, investigating and rectifying anomalies.
• Omni Benefit Reconciliations:
  
  • Conduct daily and monthly reconciliations of all benefit-related balance sheet accounts, excluding SARS.
  • Perform proactive analytical work to identify and address errors.
• Tax Data Reconciliation and Submission:
  
  • Prepare reconciliations of monthly tax data, investigating discrepancies and providing recommendations for corrective action.
  • Assist in reconciling Annual and Bi-annual tax reconciliations, ensuring timely submission returns to SARS.
• Ad-hoc Financial Functions:
  
  • Perform ad-hoc financial functions as requested by the financial manager.

• Bachelor's degree in Accounting, Finance, or related field.
• Proven experience in financial reconciliation and reporting.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.