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

Absa Bank Limited

Verified Company

Umhlanga, South Africa

1 week ago

Posted by:

Thabo Mthembu

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Description

Bring your possibility to life Define your career with us

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:

Accountability:
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.

Accountability:
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

Accountability:
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.

Education

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