Job Description
Key Responsibilities
Commission Processing & Payments
- Prepare accurate commission payment listings within required deadlines
- Send commission statements and remittance advice to brokers
- Load new brokers onto the system timeously
- Prepare payment files and ensure all banking details are up to date
Broker Relations & Query Management
- Provide prompt, professional responses to all broker queries within 1 working day
- Maintain transparent communication and keep brokers updated
- Apply Treating Customers Fairly (TCF) principles in all interactions
- Handle difficult interactions with patience and professionalism
Reconciliations & Financial Control
- Perform daily premium deposit reconciliations
- Monitor and follow up on commission claw-back debit balances
- Reconcile binder/outsource fees against system matrices
- Process investment of premium receipts throughout the month
Reporting & Administration
- Prepare and distribute various broker reports by set deadlines
- Maintain accurate spreadsheets and financial records
- Update monthly debit balance reports
- Ensure all required invoices are received and reconciled
Process Improvement
- Participate in finance department projects and improvement initiatives
- Identify inefficiencies and suggest solutions
- Contribute to enhanced accuracy and efficiency
Requirements
Essential
- Matric Certificate
- Minimum 3 years relevant finance experience
- Strong Excel skills (Critical – Non-Negotiable)
- Own reliable transport
- Fluent in English with ability to understand Afrikaans
- Willingness to work overtime when required
Highly Beneficial
- Finance qualification
- Pastel Evolution experience
- Financial services industry experience
Kindly note only shortlisted candidates will be contacted
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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