Bookkeeper Operational Finance (Payments) at PPS

Education: 

• Bachelor of Commerce: Accountancy  

Experience:

• 3-5 years’ experience within a financial services environment, preferably in the Insurance Industry advantage.
• Strong reconciliation experience is required.
• Experience with accounts payable, accounts receivable, payments, and general ledger.
• Experience in the use of Microsoft Office applications (Word and Excel etc).
• Proficient in MS Office - Advanced Excel.

Knowledge and Skills:

• General knowledge of insurance legislation/rules advantage.
• Exposure in dealing with members, brokers and advisors advantage.
• IT Skill: Strong computer skills, including Microsoft Office Package at a Moderate level.
• Strong sense of commitment to the organization’s goals and values.
• Good business sense. 
• Basic knowledge of accounting and financial principles.

Competencies:

• Analytical and be able to make prudent business decisions.
• Flexible and adaptable in changing and challenging circumstances.
• Fast learner with the ability to rapidly assimilate and utilize new information and skills.
• High level of accuracy and be able to operate efficiently under pressure.
• Good written and verbal communication skills.
• Must be self-motivated.
• Time management skills.
• Be a team player and take responsibility for own development initiative.

Duties and Responsibilities

Payments:

• Sick pay claims payment.
• Quality Assurance of documentation and processing of all payments accurately and timeously.
• Prepare payments. Sick pay, Refunds & Authorizations (IAA journals and fund transfers/settlements).
• Deposit allocations.
• Medical payments.
• Permanent Incapacity payment (PI).
• Monthly Journal entries.

Operational Process : 

• Updating of claim statement and updating correct information on the system.
• Resolution to internal and external queries within Service level agreement.
• Providing support and assistance to team members and team Manager.

Accounting:

• Perform all activities related to the accounts payable function including reviewing, coding, and processing payments.
• Conduct reconciliation of all accounts on an as needed basis.
• Maintain and balance the general ledger in an accurate, complete, and up-to-date manner.
• Prepare financial reports through collection, analysis, and summarization of data.
• Interpret and apply accounting policies, rules, and regulations to all work in order to ensure compliance with applicable standards.

Stakeholder management:

• Provide support to the broader Life Operations teams. 
• Establish, maintain and build relationships with key stakeholders.
• Liaison function with internal and external department.
• Assist with year-end requirements and audit queries.

Additional Accountabilities :

• Respond to queries and investigations within agreed SLA.
• Adherence to process control and service levels agreements. 
• Performing other duties assigned from time to time by the manager