Intern: Financial Assistant at Sanlam Group

Who are we?

Sanlam Group Technology and Information (GTI) is responsible for Group-wide Technology and Information Governance, Technology Architecture oversight and guidance as well as the Group’s Cyber Security oversight and governance. GTI is also responsible for IT Shared services to businesses in the Group which is provided through three units namely Infrastructure-, Application- and Security shared services. The shared service business model is based on commercial principles and the foundation of the model is a constant drive for consolidation, standardisation, automation and optimisation. As such, GTI has accountability for the design and implementation of agreed IT controls, governance frameworks, policies, standards and solutions to ensure business continuity and minimise information security risks.

What will you do?

This is a Support role to the Finance department.
The role does require a well-balanced individual to navigate between huge amounts of invoices and financial deadlines.
Priorities changed constantly and this person needs to be adaptive to that.

Key is to balance the deliverables with the people you have to deliver this and keep them motivated. Zero tolerance for error and absolute necessity for correctness make this a key building block for the Group Finance Team.

The role is primarily accountable to ensure that all the financial and accounting data is allocated to the correct groups and that money (including forex and local payments) are processed according to required standard and according to the pre-defined Governance.
This person is responsible to communicate to Internal as well as external stakeholders and can have an impact on the Brand of GTI on how we are doing business.

What will make you successful in this role?
Responsibilitites

• Payment of Consultants / Services
• Keep payment sheet up to date for consultants
• Purchase Orders for Consultants
• Contractors Audit Reporting
• Capturing and Recon of Invoices and Journal
• Journals for Accruals and Receipt of Goods on PO’s
• Verify Receipt of Goods
• Assisting with investigations of forward cover / early payments with Vendors
• Investigate variances between actuals and budget
• Provide reasons for over / under spend on recon items monthly
• Follow-up and obtain approvals from relevant Exco/Manco members on critical time sensitive documents, payments and approvals
• Obtain / Validate Quotes / Invoices – oversee
• Handling Ad hoc payment queries or requests directly from Vendors and Clients
• Assist with audit queries and provide necessary documentation.
• Handling of queries on a daily basis
• Prioritise and re-prioritise work to meet deadlines due to changes
• Ensure that processes are draw up and kept up to date for consistence in delivery.
• Sending reminders for new consultant contracts to stakeholders in advance, following up to ensure that the division is not exposed to over payment of ontracts/contractors
• Handling Ad hoc queries or requests from Vendors and Clients

Qualifications

• Matric
• Post Matric will be an advantage

Experience And Knowledge

• Understanding of accounting principles
• Experience of the financial and accounting environment for at least 2 years
• Microsoft Office (strong excel skills)
• Experience in providing support for month end in a finance environmen