Commissions Administrator

SUMMARY:
Our client in the Financial Industry is searching for a dynamic and forward thinking Commissions Administrator to manage end-to-end commission processing, ensuring accurate calculations, reconciliations, payments, reporting, and stakeholder support.

This role requires strong numerical ability, attention to detail, and administrative efficiency.

POSITION INFO:
Key Responsibilities:
Commission Processing

• Calculate and reconcile commissions from product providers.
• Allocate earnings to Financial Planning Partners (FPPs) and apply deductions.
• Process payments and maintain accurate records.
• Generate commission statements and capture data on internal systems.

• Maintain and update commission structures and models.
• Reconcile clawbacks, errors, and adjustments.
• Provide regular and ad-hoc reports to internal teams and FPPs.
• Support audits and financial reporting with accurate data.

• Resolve FPP commission queries.
• Liaise with providers for schedules and discrepancies.
• Support onboarding and training on commission processes.
• Collaborate across departments to ensure data integrity.

• Matric (Grade 12) – Essential
• Diploma/Degree in Finance, Accounting, or Business – Advantageous
• Bookkeeping or Payroll certifications – Preferred

• 2–3 years in a financial admin, commission, or accounting support role
• Experience in financial services or working with financial advisors – Strong Advantage

• Advanced Excel (formulas, VLOOKUP, pivot tables)
• High accuracy and numerical ability
• Strong organisation and attention to detail
• Clear communicator with strong interpersonal skills
• Able to work independently and under pressure
• Maintains confidentiality and professionalism