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    Benefits Reconciliation Administrator - Johannesburg, South Africa - Network Recruitment

    Network Recruitment
    Network Recruitment Johannesburg, South Africa

    20 hours ago

    Network Recruitment background
    Description
    My client is seeking a Benefits Reconciliation Administrator to join their dynamic team. If you thrive in a fast-paced environment and possess exceptional analytical skills, we want to hear from you

    This is a 6-month contract role based in Sandton.

    Key Responsibilities:
    • Daily Interfacing and Audit Inspection:
      • Analyze errors and ensure data integrity for audit inspection.
    • Cost Accounts Management:
      • Maintain cost accounts for Funds Management services.
      • Undertake monthly and daily cost allocations, ensuring accurate departmental cost recovery.
      • Reconcile balance sheets monthly, investigating and correcting anomalies.
    • Monthly Reporting:
      • Prepare comprehensive monthly cost reports by collating reconciliation and cost allocation data.
      • Investigate and rectify anomalies before submission to the Senior Financial Controller within deadlines.
    • Regulatory Compliance:
      • Prepare quarterly SARB Stats Reporting.
      • Handle VAT inputs, including gathering data, invoice processing, and submission of VAT201 Declaration to SARS.
      • Ensure compliance with tax legislation, staying updated with changes.
    • Staff Reimbursement Summary:
      • Prepare a summary of staff reimbursements for management review.
    • Employee Benefit Bank Reconciliation:
      • Capture transactions for salaries and benefits bank accounts.
      • Reconcile employee benefit bank accounts on a daily basis, investigating and rectifying anomalies.
    • Omni Benefit Reconciliations:
      • Conduct daily and monthly reconciliations of all benefit-related balance sheet accounts, excluding SARS.
      • Perform proactive analytical work to identify and address errors.
    • Tax Data Reconciliation and Submission:
      • Prepare reconciliations of monthly tax data, investigating discrepancies and providing recommendations for corrective action.
      • Assist in reconciling Annual and Bi-annual tax reconciliations, ensuring timely submission returns to SARS.
    • Ad-hoc Financial Functions:
      • Perform ad-hoc financial functions as requested by the financial manager.

    Requirements:
    • Bachelor's degree in Accounting, Finance, or related field.
    • Proven experience in financial reconciliation and reporting.
    • Strong analytical and problem-solving skills.
    • Excellent attention to detail and organizational abilities.
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