Reconciliation Administrator

Description:

Seeking a skilled Reconciliation Administrator for a 6-month contract role. Join our client’s team and ensure accurate financial reconciliation for our clients. Apply now! Job & Company Descriptions:
Are you ready to build your future? Join our valued clients on their financial journey. We're seeking a passionate Reconciliation Administrator to bring new energy to our team.

As the Reconciliation Administrator you will be responsible for the below:

• The role involves importing, analyzing and retaining records for audit scrutiny.
• Monthly and daily cost allocations are managed, monitoring which department’s costs are allocated for recovery.
• Balance sheets are reconciled monthly, anomalies investigated, and corrected.
• Data from reconciliations and cost allocations are collated and submitted for review by the Senior Financial Controller.
• VAT data, creditor invoices, debit orders, investment fees, and VAT declarations are compiled and processed.
• Transactions for salaries and benefits are captured and reconciled, anomalies investigated and rectified daily.
• Payment control for creditors, medical aids, and payment suspense is maintained. Y
• Reconciliations of monthly tax data are prepared, discrepancies investigated, and recommendations provided for corrective action.
• Assistance is provided to Operations departments for tax reconciliations and submissions to SARS. Staying updated with tax legislation changes is essential, along with performing ad-hoc financial tasks as requested by the financial manager.

Job Experience and Skills Required:
Completed Bcom in Accounting and related field .
2+ years’ experience in Financial Sector.
Insurance / Retirement Fund industry is preferred

If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitment.co.za .
If you have not had any response in two weeks, please consider the vacancy application unsuccessful.
We also invite you to contact us to discuss your next career move in finance!

Requirements:

• The role involves importing, analyzing and retaining records for audit scrutiny.
• Monthly and daily cost allocations are managed, monitoring which department’s costs are allocated for recovery.
• Balance sheets are reconciled monthly, anomalies investigated, and corrected.
• Data from reconciliations and cost allocations are collated and submitted for review by the Senior Financial Controller.
• VAT data, creditor invoices, debit orders, investment fees, and VAT declarations are compiled and processed.
• Transactions for salaries and benefits are captured and reconciled, anomalies investigated and rectified daily.
• Payment control for creditors, medical aids, and payment suspense is maintained. Y
• Reconciliations of monthly tax data are prepared, discrepancies investigated, and recommendations provided for corrective action.
• Assistance is provided to Operations departments for tax reconciliations and submissions to SARS. Staying updated with tax legislation changes is essential, along with performing ad-hoc financial tasks as requested by the financial manager.