Deceased Estate Administrator at Absa Group Limited (Absa)

Job Summary

• To provide advice and support in operational management and to develop, maintain and enhance operational business relationships, through the execution of predefined objectives as per agreed SOPs.

Job Description

• Intake and reporting of the deceased estate to the Master of the High Court;
• Place statutory advertisements; obtain all relevant information from the various stakeholders;
• Draft the liquidation and distribution account and reconciliation statements,;
• Lodge the Liquidation and Distribution account with the Master of the High Court;
• Instruct the Absa panel attorneys to attend to the transfer of the fixed property into the heirs names and ensure completion thereof;
• Submit any outstanding tax returns to SARS, obtain final tax assessment from SARS and finalise the deceased estate.
• Achieve set production target as set out by management.
• Keep clients updated on progress of the estate by reporting on a monthly basis (telephonically, written correspondence, etc) in a professional manner to ensure that a high standard of customer service is given.
• Maintain a high standard of service during the administration process without any supervision, by providing excellent customer service and immediate attention to client needs.
• Build and maintain a relationship with various stakeholders (i.e. valuators, auctioneers, attorneys, Master of the High Court, South African Revenue Service) by continuously engaging and ensuring satisfactory client service and good relations.
• Be knowledgeable on the Estate Administration Act, in order to comply with all the legal aspects in deceased estates.

Education and Experience Required:

• National Diploma in Estate and Trust or Deceased Estate Administration Course via Law Society of SA or equivalent NQF level 5 qualification or higher. Two (2) years’ experience within deceased estate administration environment.
• Knowledge of Administration of Estates Act (Solid)
• Knowledge of Intestate Succession Act (Solid)
• Knowledge of Financial Statements (Basic), Knowledge of Estate Duty Act (Basic)
• Knowledge of Wills Act (Basic).
• Knowledge of Income Tax Act (Basic)

Education

• Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)