Posted on: 06 June 2024
ID 916316

Senior Financial Administrator:Insurance

Requisition Details & Talent Acquisition contact

REQ: 133974

Talent Acquisition Consultant

Location: 135 Rivonia Road, Sandton, Nedbank Head Office

Cluster: Wealth Insurance

Closing Date: 11 June 2024

Job Family

Finance

Career Stream

Accounting

Leadership Pipeline

Manage Self: Technical

Job Purpose
  • To Provide accurate, insightful, and timeous financial reporting to allow the business to measure its performance and position.
Job Responsibilities

  • Effective expense management (including transfer pricing) and reporting to internal stakeholders as it relates to procurement and processing of invoices including foreign payments.
  • Build relationships with administrators in business units to optimize expense management and educate on finance processes.
  • Posting of monthly journals including transfer pricing, expenses, accruals and provisions and the analysis and reporting of expenses.
  • Analyse relevant data in order to increase efficiency, provide options and recommend solutions.
  • Send out monthly expense report and analysis to business units.
  • Engage with business units monthly to report financials.
  • Manage queries and requests within turnaround times using applied learning, planning and coordinating resources, executing the appropriate tasks and taking corrective action when required.
  • VAT reporting, VAT calculations and filing VAT for all companies on e-filing.
  • Validating EMP201 as well as retrieving the Payee report
  • Completion of yearly Vat apportionment calculations.
  • Dividends withholding tax submissions.
  • Completion of various monthly recons including deferred tax and fixed assets.
  • Managing purchases of fixed assets
  • Managing mandate requests and maintenance of mandate listing.
  • Ensure compliance by operating within mandates and following regulations, policies and procedures.
  • Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.
  • Manage internal and external customer expectations by constant engagement, communicating and providing regular updates on progress.
  • Build relationships with finance/business counterparts to ensure mutual tasks are well understood and executed, internal deadlines are met, and potential improvements implemented to maximize execution efficiency.
  • Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced, and certifications obtained and/or maintained within specified time frames.
  • Ensure information is provided correctly to stakeholders by maintaining knowledge sharing within the team.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
Essential Qualifications - NQF Level
  • Matric / Grade 12 / National Senior Certificate
Preferred Qualification

Diploma: Accountancy

Minimum Experience Level
  • 2-3 years' experience in financial administration
  • BPC/SAP HANA
Technical / Professional Knowledge

  • Banking procedures
  • Business administration and management
  • Business terms and definitions
  • Cluster specific operations
  • Data analysis
  • Governance, Risk and Controls
  • Relevant Nedbank product knowledge
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Administrative procedures and systems
Behavioural Competencies
  • Earning Trust
  • Communication
  • Customer Focus
  • Decision Making
  • Managing Work
  • Quality Orientation
Disclaimer

Preference will be given to candidates from the underrepresented groupsPreference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at +27 860 555 566
Occupation:
Finance jobs


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