Job Description
About the Role
We are seeking a highly skilled Business Administrator to join our team in Johannesburg. The ideal candidate will have 3 years of experience in asset finance, credit administration, leasing, or discounting environment and possess a strong understanding of asset-based finance and funding structures.
Key Responsibilities
- Prepare and submit complete and compliant discounting packs to funders.
- Verify deal structures, asset details, payment terms, and approval conditions prior to submission.
- Track deals from approval to payout and ensure adherence to turnaround times.
- Follow up on outstanding conditions and approvals with funders.
- Maintain accurate records of all discounted transactions.
- Maintain and update the asset register.
- Monitor contract terms, expiries, settlements, and restructuring requests.
- Assist with settlement quotations and early termination calculations.
- Ensure proper filing and safekeeping of agreements, cessions, and supporting documentation.
- Support internal and external audits relating to funded assets.
- Reconcile funder payouts against approved deals.
- Assist with commission calculations and tracking.
- Monitor receivables relating to funded transactions.
- Investigate and resolve financial discrepancies.
- Ensure compliance with internal credit policies and funder requirements.
- Verify FICA/KYC documentation before deal submission.
- Maintain accurate audit trails of transactions.
- Identify and escalate potential risk or compliance issues.
Requirements
- 3 years experience in asset finance, credit administration, leasing, or discounting environment.
- Strong understanding of asset-based finance and funding structures.
- Knowledge of FICA and regulatory compliance requirements.
- Proficiency in Microsoft Office, particularly advanced Excel.
Salary & Benefits
Not specified
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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