Administrator: Cash Book

Introduction Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses. Visit us at www.momentumgroupltd.co.za

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page
Role Purpose To be responsible for the allocation of premiums on various bank accounts for the Momentum Corporate business book

Requirements

• Grade 12 or equivalent.
• Qualification in Accounting is preferred.
• 2 – 3 Years' relevant experience in a similar/related field.
• Experience in the Insurance or other Financial Services industry is preferable.
• Knowledge of the insurance and investment industry is preferred.

Duties & Responsibilities The incumbent will be co-responsible for the following:

• Daily allocations of premiums on the bank statement.
• Daily monitoring of the bank mailbox and assisting with queries received.
• Compiling a monthly unallocated report and ensuring that follow ups occur.
• Monthly close off and balancing of the cashbook.
• Preparing monthly balance sheet recons.
• Processing of monthly journals.
• Assisting with any audit query relating to the bank accounts and engagement with the auditors.
• Responsible for processing of payments incl Forex.
• Responsible for the capturing of manual debit orders.
• Build and maintain relationships with internal and external stakeholders.
• Provide accurate financial information.
• Investigate internal client queries within the agreed service levels and ensure that client receives timeous feedback.
• Escalate internal client queries to the relevant department or stakeholder.
• Provide authoritative, expertise and advice to internal clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Identify opportunities to enhance cost effectiveness and increase operational efficiency.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Competencies

• Attention to detail.
• Time management skills.
• Accountability.
• Client/ Stakeholder Commitment.
• Drive for results.
• Communication skills.
• Problem-solving skills.
• Teamwork.