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    • Accounting Intern - Centurion - Signa Opportunity

    Signa Opportunity
    Signa Opportunity Centurion

    2 weeks ago

    Default job background
    Description

    About the Role

    As a Verification and Support Specialist, you will play a critical role in providing services to the Unemployment Insurance Fund (UIF) for COVID-19 TERS Disaster Benefit claims submitted by various employers. Your primary responsibility will be to assist the UIF in confirming that the intention of the TERS Benefit Scheme has been achieved by compensating intended recipients who have lost income due to the pandemic, as outlined in the COVID-19 TERS directives.

    Key Responsibilities:

    • Obtain UIF data and supporting documents from the employer, analyze the information, and issue informal queries.
    • Verify the existence of the employer and obtain proof that the lockdown impacted their operations.
    • Determine whether the correct employer applied for COVID-19 TERS and received the funds from the UIF.
    • Verify the legitimacy of information provided to the UIF by the employer for employees applying for COVID-19 TERS benefits.
    • Confirm employee employment with the employer stated in their claim for COVID-19 TERS and that those employees worked for the employer before the lockdown.
    • Follow TERS benefits payments from UIF to employees, confirming that the correct amount reached the right recipient at the right time. Reconcile TERS benefits paid to the employer by the UIF and the amounts disbursed and/or retained by the employer.
    • Recalculate TERS benefits where differences in underlying data are identified during the audit procedure.
    • Obtain acknowledgment of debt for TERS benefits received by the employer but not disbursed to intended beneficiaries.
    • Identify fraudulent activities and prepare a report detailing the fraud indicators accompanied by substantive evidence of fraud.
    • Follow up on AGSA findings with the employer and document support obtained to confirm or dispel the findings.
    • Issue findings, discuss with the employer, and incorporate the employer's responses into the report.
    • Compile the Verification Report and submit it to the Audit Manager for review.
    • Send the signed Verification Report and other pertinent documents to the employer to confirm completion of the audit and sign off the Verification Certificate.
    • Update the UIF Portal with data from completed and closed files.
    • Perform ad-hoc duties as required.

    Requirements:

    • Bachelor's degree in Accounting, Finance, or a related field.
    • Proficiency in Excel spreadsheet software.
    • No previous participation in the YES Program.
    • South African unemployed youth aged between 18 and 34.
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