Officer: Finance Support at Road Accident Fund

Key Performance Areas

Management of claims payment process

Verify and approve claims 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 to both the trigger document and any supporting documents.
• Amounts through verification of supporting documents.        
• Elimination of duplicate payments through implementation of effective internal controls
• 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 payments pertaining to petty cash.
• Appropriate implementation of and adherence to applicable Policies and procedures.
• Interrogate supporting payment documents for accuracy, validity and completeness.
• Continuous improvement in internal controls iro claims Payment Approval process.
• Check completeness and accuracy of batch reports.

Reporting

• Assist in the preparation and submission of reports.
• Contribute to the development of functional reporting systems, for management, project or performance reporting.

Monitoring and Evaluation

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

Stakeholder relations

• Assist with inquiries and requests for information from both internal and external stakeholder
• Contribute to the maintenance of relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.

Qualification

• Bachelor’s Degree/ Advanced Diploma in Commerce/Financial Accounting/Accounting related qualification.

Experience

• Relevant 3 years’ experience in a financial environment.