Financial Administration Manager

SUMMARY:
Financial Administration Manager

POSITION INFO:

Specification

Duties & Responsibilities:

Manage staff complement

• Manage tasks to be performed by staff in line with required deadlines and accuracy
• Manage and approve leave applications
• Appraise performance of staff complement in line with company policy
• Ensure that the staff complement is aware of and comply with all relevant company policies and procedures
• Instigate disciplinary action as required where transgressions of company policy, procedure and/or employment contract are noted
• Ensure that staff complement receives all communication relevant to their positions
• Rally staff to participate in all company activities
• Managing the performance of tasks where staff is absent. This includes the ability to perform the work of the absent team member and/or re-assigning tasks to available team members to ensure uninterrupted processing

Management of Financial administration

• Accountable for the Financial administration function of The company Life
• Implement sound financial management policies and procedures
• Comply with industry & financial best practice standards
• Assist in the development and maintenance of effective reconciliation and accounting processes between Aims and Sage ERP 300.
• Enforce/Implement effective internal financial controls and Financial Administration Policy
• Ensure that sufficient substantive evidence is available to auditors
• Conduct all necessary integration of commission transactions between Aims, Sage VIP and Sage ERP
• Oversee the proper integration of premium and claim transactions between Aims and Sage ERP
• Manage the process of daily payments, including vendor payments and policyholder benefit payments.

Manage the performance and review of reconciliations of all accounts up to trial balance

• Oversee the process of reconciliations and ensure proper review and sign-off

Review and release (authorise) EFT payments

• Review and release payments on the electronic banking platform for all payments

Provide support relating to various committees

• Assist in the preparation of document for- and perform research relating to various committees including inter alia:
  • Credit control committee
  • Tax committee
  • Management committee

Requirements           

Formal Education:

• Chartered Accountant (CA) SA (advantage)
• Post graduate diploma in applied accounting sciences / Certificate in the Theory of Accounting (CTA) and completed articles (critical).

Experience:

• Management experience 1 to 3 years (requirement)
• Insurance industry exposure (advantage)
• A proper understanding of electronic banking (requirement).
• Advanced computer literacy and knowledge of MS office (requirement), specifically intermediate/advanced Excel (vlookup / sumif).
• A good understanding of- and experience in- working with Sage ERP 300 (advantage).
• SQL management studio – ability to query SQL databases and extract data (major advantage)

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