Clerk: Financial Administration - Menlyn at Assupol

Description

Request commercial stop order deductions (TCF)

• Retrieve deduction request files from Aims.
• Extract different deduction requests from Aims report and prepare for submission to the different institutions via email.
• Follow up on deduction requests distributed by Hyphen.

Reconcile commercial stop order receipts.

• Request feedback from the different institutions to support the deposits made into the CSO bank account (TCF)
• Perform a reconciliation between the deduction requests submitted and the feedback received from the different institutions. Feedback needs to agree to the amount deposited into the bank account.
• Update any differences identified through this reconciliation to Aims to ensure that the receipts are accurately reflected on Aims. (TCF)

Allocation of deposits in FNB Deposit account and bank account journal(s)

• Investigate the system generated exception report relating to deposits that could not be allocated in AIMS.
• Perform a monthly reconciliation between the bank statement and the transactions allocated on AIMS (both by the system and manually) to ensure that all transactions have been accounted for in AIMS completely and accurately.
• Prepare the journal to be posted to Sage.

Calculate amounts to be refunded to policyholders. (TCF)

• Processing of refunds requests that have been received.
• Identify all Aims transactions relating to the refund.
• Perform a calculation based on the number and value of premiums received, considering any premium increases that were applicable.

Requirements

Formal Education:

• Matric with maths and accounting.

Technical/Legal Certification:

• National diploma (advantage)

Experience:

• 1 Year Finance Experience (Advantage)
• Insurance industry exposure will be beneficial.
• A working knowledge of AIMS (preferred)