Reconciliation Administrator - Johannesburg, South Africa - Network Recruitment

    Network Recruitment
    Network Recruitment Johannesburg, South Africa

    2 weeks ago

    Network Recruitment background
    Description
    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 departments 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