Purpose of the Job:
To manage the levy accounts of the Ombuds Council, Tribunal, FAIS Ombuds and Pension Fund Adjudicator (PFA)
The person appointed to this position will report to Finance Manager: Income
Key Performance Areas:
- To Reconcile the levy accounts of the Ombuds Council, Tribunal, FAIS Ombuds and PFA.
- To liaise with the office of the above four entities and provide them with the amount the FSCA has invoiced on their behalf.
- To reconcile the accounts of the four entities on monthly basis and process payments on monthly/quarterly basis.
- Responsible for managing the WIP payments of 2606/999 by signing off for the money for fees and levies and reconciling the account on monthly basis.
- To review credit notes, debit notes, fees usage invoices, refunds, journals and penalties of all the income section.
- To do Month end closure.
- Review the monthly write off batches compiled by Senior Credit Controllers.
- Review monthly interest run on all outstanding levies.
- Assisting with notes for financial statements.
- Attending to Internal and External Auditors.
- Review of levies calculations of all the industries i.e. FAIS, Insurance, Pension etc.
Other Key Competencies:
The candidate must demonstrate the following skills and attributes: A judgement skill and have a confident and decisive approach, good communication (verbal and written) and interpersonal skills, problem analysis, analytical skills, and customer relations skills. Commitment to meet deadlines. Supervisory skills, extensive credit control and bookkeeping up to trial balance are essential. Computer literacy.
The candidate will be subjected to competency assessment and integrity checks before an appointment is made.
FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.
Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
A Matric Certificate plus B Com or B Compt with at least 5 years relevant experience in the financial services sector. Experience in a Finance division will be an advantage.
Closing Date: 16 August 2024