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.
• Payment is not a duplicate by ensuring the financial enquiry reports is attached to the EA as supporting documents payment.
• Elimination of duplicate payments through implementation of effective internal controls.

Financial Management including bank and cash 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 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 Management

• Assist with inquiries and requests for information from both internal and external stakeholders.
• 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 Finance/Commerce/Accounting related qualification

Experience

• Relevant 3 years’ experience in a financial environment.