Job Description
About the Role
IZI South Africa is seeking a Regional Reconciliation Administrator to join our KwaZulu-Natal region. The successful candidate will be responsible for maintaining precise and timely accounting and reconciliation standards at the Cash Processing Centre (CPC), ensuring full alignment with corporate protocols.
Key Responsibilities
- Accurate, timely completion and submission of designated CPC reconciliation activities
- Ensure that CPC employees adhere to reconciliation controls and procedures and report on non-adherence
- Collate information from different source documents in order to complete timely and accurate reconciliation for each fund movement
- Engage with the providers of the documentation (Cash Processing Centre management) to ensure that the data is relevant, up to date, accurate and complete and provided in a timely manner
- Proactively communicate with internal staff and customers in order to resolve discrepancies within a set timeline
- Escalate issues to Branch Manager when not resolved timeously
- Reconcile between claims received and actual discrepancies
- Carry out discrepancy trending to identify trends
- Report processing backlogs as prescribed by relevant procedures
- Review current reconciliation process on a regular basis
- Ensure that all reconciliation documentation is managed in line with Records Management Controls
- Monitoring of CPC Differences and trends
- Assist with Investigations related to reconciliations as well as any anomalies in procedures
- Resolution of queries and provision of support on outstanding reconciliation matters: Assist Reconciliation Departments at Head Office with cash processing recons and resolving queries
- Provide ad hoc support on customer queries, where resolution has not occurred at branch level
- Escalate queries to senior management for resolution
- Compilation of reconciliation reports as per current reporting requirements: Ensure adherence to controls regarding cash counts
- Submission of cash count reports to Head Office
- Escalation of non-adherence of procedures
- Assist with year-end audit in provision of supporting documentation and information
- Branch Audit reports including updating of Compliance dashboards
- Participate in the design/ development/ review/ implementation and monitoring of the branch/region/national safety plans for each year.
- Participate in safety forums created by company for example safety meetings and safety talks
- Report all safety incidents to the relevant people
- Discuss all safety incidents on all levels
- Follow-up on any activities assigned through safety meeting/committee/representative/management
- Attend safety education and refresher programmes
- Comply with safety policies and procedures at workplace
- Distribute safety information as and when required
Requirements
Grade 12, Dip
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in eThekwini
The accounting and finance industry is a vital component of eThekwini’s economy, providing essential services to businesses, governments, and individuals. Generally, job seekers in this field can expect a stable and secure career with opportunities for growth and development. Typically, roles in accounting and finance are found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector.
Salaries for accounting and finance professionals in eThekwini vary widely depending on factors such as experience, company size, and industry sector. Common salary ranges for entry-level positions typically start between R200 000 to R300 000 per annum, while senior roles can range from R500 000 to R800 000 or more. However, these figures are general estimates and actual salaries may vary significantly. It is essential to research the specific job market and industry trends to determine realistic salary expectations.
Common skills required for accounting and finance roles in eThekwini include proficiency in financial software, such as SAP or Oracle; strong analytical and problem-solving skills; excellent communication and interpersonal skills; experience with budgeting, forecasting, and financial analysis tools; a solid understanding of tax laws and regulations; and a degree in accounting or finance. Additionally, many employers require candidates to hold relevant professional certifications, such as the Chartered Accountant (SA) designation.
Accounting and finance professionals can be found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector. The financial services sector is often a major employer of accounting and finance professionals in eThekwini, while the technology industry also provides many opportunities for growth and development. Other industries, such as manufacturing and construction, also require skilled accounting and finance professionals to manage their finances effectively.
Career development opportunities are abundant in the accounting and finance field, with many employers offering training and development programs to help employees advance in their careers. Typically, experienced accountants can move into senior roles or take on leadership positions within their companies. With experience and additional certifications, accountants can transition into management roles, such as financial controller or accountant manager, or pursue career paths in finance consulting or public practice.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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