Clerk Accounts Afs - Umhlanga, South Africa - Absa Bank Limited

Thabo Mthembu

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Thabo Mthembu

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  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary

To capture financial transactions received from the Deceased Estate Administrators on the Estate System, reconcile financial statements on a daily basis and other general administration duties.

Job Description:

Data capturing and General Administration duties 85%

  • Support Deceased Estate Administrators in your role as Administration Support Department.
  • Receive instructions from the Deceased Estate Administrators to capture the Executors, Attorney and Valuation fees on the Magic system.
  • Accurately and timeously capture, balance and bank all income (e.g. executors,
attorneys & valuation fees) on the Magic system (Absa Trust internal system) by the month financial cut-off date.

  • Reconcile electronic payment accounts (e.g. monies received from different
stakeholders iro proceeds from the insurance company or / investments are then paid into the Estate Late account to update / balance with the cash card) on a daily basis.

  • Take control of ordering of stationery and office consumables etc. on a weekly basis by ensuring that adequate reserve stock is ordered via the COUPA system to maintain the functionality of the office.
  • Perform any other administrative or adhoc duties as contracted in Performance
Development document.

Compliance to legislative requirements 5%

  • Complete all compulsory compliance and legislative training with the required time frames as prescribed by Absa Risk
  • Adhere to business processes and controls practice e.g. by adhering to the Estate
  • Process / Manual / Policy.
  • Adhere to risk and compliance policies in terms of Environmental Health and Safety, Information securities, Records
  • Manage money laundering, Sanction etc. Non adherence to Absa's Policy & Procedure may lead to disciplinary action

Customer Service 40%

  • Interact between Estates Services, Absa Bank and All Stakeholders (Attorneys, Valuators etc.) in a professional manner.
  • Investigate and resolve queries in an efficient and professional manner at all times (internal and external customers).
  • Deliver quality work at all times within a specified turnaround time as contracted in Performance Development document.

Bachelor's Degrees and Advanced Diplomas:
Business, Commerce and Management Studies (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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