Fund Administration Supervisor

Recruiter:

H&S Labour Brokers

Job Ref:

JHB000064/ST

Date posted:

Friday, January 22, 2021

Location:

Johannesburg, South Africa

Salary:

650000 Annually

SUMMARY:
A leader in its industry is currently seeking for a Fund Administration Supervisor to join their team, the main function of this role is to supervise the accurate and efficient administration of pensioner payroll and provide support to all related stakeholders

POSITION INFO:

The successful applicant duties include but is not limited to:

Maintain Monthly Pensioner Payroll

•Achieve timeous and accurate running of the pensioners’ payroll, monthly, ensuring that they receive payslips as scheduled.

•Arrange and sign-off requisitions for the transfer of funds, ensuring sufficient funds in the bank accounts.

•Extract the recovery of Medical Aid and Death Benefit in accordance with procedure.

•Execute payments before payroll run date, checking accuracy of information.

•Execute payments to creditors by stipulated deadlines.

•Execute payments to overseas pensioners, as scheduled.

•Review General ledger accounts pertaining to payroll and Tax, following up with any issues identified appropriately.

•Approve all changes performed by Administrators, checking accuracy of information.

•Make payments via Host-to-Host system, according to procedure.

•Perform Reconciliations(Gross Earnings including Deductions and Medical Aid) before and after payroll runs to check that payments are correct.

•Apply to Reserve Bank for authority to effect overseas payments, following standard procedure.

•Book rates from bank in terms of foreign exchange, according to procedure

•Attend to all rejections from Benefit and Pension payments

Provide Payroll Management support

•Assist the Manager with ad hoc projects

•Stand in for Manager in all meetings when requested including that of Executive Management

•Attend the Risk Committee Meetings as a Departmental Risk Champion

•Attend to POPI related matters including meetings

•Ensure that the payroll processes are operating effectively

•Actively manage the risk pertaining to the department

•Oversee filing system, achieving stipulated objectives.

•Liaise with stakeholders (pensioners) on payroll and other financially related queries, resolving appropriately telephonically and in writing.

•Review all new and historic benefits payable (workflows and manual payments) for accuracy against supporting documentation

•Co-ordinate Pension Data for Actuarial reporting

•Attend to all Audit queries ensuring no Audit findings.

People Supervision

•Delegate work to subordinates

•Supervise work of subordinates in compliance with policy and procedures relevant to the section.

•Train and mentor subordinates

•Deal with queries and escalated issues

•Manage the performance of direct reports in accordance with performance management policy and procedures of our client.

•Discipline staff in accordance with organizational codes and procedures so that improvement is shown.

•Facilitate communication through appropriate structures and systems.

•Investment Administration Support

•Attend relevant training courses to continuously improve technical skills.

•Assist colleagues to reduce logging of calls by providing expertise in investment accounting and administration.

•Make recommendations on increasing the efficiencies of investment administration processes.

•Assist with utilisation of OMNI financials.

•Attending to audit requests and provision of financial information during the audit

•Perform other administrative tasks i.e. filing and Fraxion requests

Minimum Requirements:

•Diploma /Degree in Finance / Accounting

•At least 3 – 4 years experience in a financial / retirement environment, preferably in the Pension Fund Industry

•Payroll Management Experience

•People Supervision

•Stakeholder Management Experience

•Risk Management Experience

•

Should you meet the above requirements, please upload your CV onto our website --------Please upload your CV here-------->. [CV’S VIA EMAIL WILL NOT BE CONSIDERED]

Should you not hear from us within 2 weeks, please consider your application unsuccessful

Closing Date: 28 February 2021

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

Similar jobs you might be interested in:

OEM - Finance Operations Executive - Centurion
Location: Pretoria
Salary:
Reports to: Finance ManagerRemuneration: R500 000.00 to R700 000.00 Per Annum + 10% bonus included in CTC Purpose Of The Job: Our client is seeking a proactive and analytical professional to manage and optimize financial operations across their dealer network. The ideal candidate will be responsible for monitoring and improving dealer profitability, managing and optimising deal...
2 days ago

Payroll Administrator (contract)
Location: Johannesburg
Salary: 350 000 Annually
Are you detail-oriented, organised, and passionate about accuracy in payroll?
6 days ago

General Manager – B2C Tourism
Location: Johannesburg
Salary: Market Related
Travel & Toursim
7 days ago

Payroll Administrator
Location: Johannesburg
Salary: 15000 Monthly
Are you an experienced and detail-oriented Payroll Administrator ready to take ownership of end-to-end payroll processing? Join a well-established manufacturing organisation based on the West Rand, where you’ll ensure seamless, accurate, and compliant payroll operations for a large workforce. This role is ideal for a resilient professional who thrives under pressure, values accuracy, and enj...
8 days ago

Office Manager
Location: Sandton
Salary:
9 days ago

Financial Operations Executive
Location: Centurion
Salary:
Purpose of the Job: Seeking a proactive and analytical professional to manage and optimize financial operations across our dealer network. The ideal candidate will be responsible for monitoring and improving dealer profitability, managing and optimising dealer incentive schemes and benchmarking the same vs industry, overseeing the dealer advertisement fund and its rightful uti...
13 days ago

Chief Financial Officer (CFO)
Location: Johannesburg
Salary: Monthly
We are seeking a seasoned and strategic Chief Financial Officer (CFO) to lead the financial strategy of Regenesys Business School across all international operations based in SA. The ideal candidate will have a strong background in financial management within the education sector, preferably higher education, with significant experience in global fund management, cross-border disbursement of educa...
13 days ago

PAYROLL ADMINISTRATOR
Location: Pretoria
Salary: Market related
To fully carry out the payroll function.
16 days ago

PAYROLL ADMINISTRATOR
Location: Johannesburg
Salary: R400 000 - R500 000 PA
Company situated in JHB South (Cleveland) area urgently seeking an experience and qualified Payroll Administrator.
3 days ago

MK 17088 - Green Innovation Assistant – Sandton
Location: Johannesburg
Salary: R20 000-R25 000
Green Innovation Assistant – Sandton
20 days ago

Fund Administration Supervisor

Similar jobs you might be interested in:

Create a free job alert for Fund Administration Supervisor in Johannesburg