Officer: Finance at Road Accident Fund

Key Performance Areas

Management of claims payment process.

• Verify and approve payments in line with DOA by confirming the accuracy, validity, completeness and existence of a payment by inspecting supporting documentation to confirm the following:
• Payee to the trigger and supporting documents (per above)
• Banking details for both the trigger document and any supporting documents
• Amounts through verification of supporting documents
• Payment is not a duplicate by ensuring the financial enquiry reports are attached to the EA as supporting documents of payment
• Elimination of duplicate payments through implementation of effective internal controls
• Attend to and resolve queries timeously
• Maintain and develop good relations with claimants, attorneys, firms and colleagues

Financial Management

• implementation of and adherence to financial management principles to ensure valid, accurate and complete processing of Claims payments
• Appropriate implementation of and adherence to applicable Policies and procedures
• Interrogate supporting payment documents for accuracy, validity and completeness
• Continuous improvement in internal controls in relation to claims Payment Approval process
• Check completeness and accuracy of batch reports

Reporting

• Contribute to Weekly reporting on Flash Stats
• Daily reporting on queries that could not be resolved
• Daily reporting of non-compliance
• Daily reporting on stakeholder queries
• Attend and contribute to Monthly staff meetings in the regions
• Produce monthly reports for claims management

Monitoring and Evaluation.

• Adhere to the effectiveness in terms of service delivery of claims payment function
• Report on non-compliance with the RAF claims payments, processes and procedures
• Deal with queries and ensure that they are resolved timeously

General Administration

• Identify training and development needs for self
• Compliance with company policies and procedures
• Assist in inducting new employees into the division
• Ensure that all administrative functions related to the role is executed

Qualifications

• NQF 7 (bachelor's degree or Advanced Diploma) in Commerce/Financial Accounting/Accounting related qualification 

Experience

• Relevant 3 years’ experience in a financial environment