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Commissions Administrator, Rietvalleirand

Commissions Administrator, Rietvalleirand
Description
A well-established financial services network based in Menlyn requires a Commissions Administrator to ensure advisor commissions are calculated, reconciled, and paid accurately and on time.

If Excel is your happy place and recon sheets are your love language — keep reading.


Duties / Key Responsibilities
  • Process weekly commission calculations and payments accurately and timeously
  • Reconcile commission statements against insurer statements and internal systems
  • Investigate and resolve discrepancies, reversals, clawbacks, and payment queries
  • Capture and maintain commission journals and supporting documentation
  • Monitor outstanding balances, lapses and recoveries linked to commission accounts
  • Maintain accurate advisor/broker commission records
  • Liaise with financial advisors, insurers and internal teams on commission matters
  • Support audits with schedules, reconciliations and supporting documents
  • Ensure compliance with company procedures, FAIS and relevant legislation
  • Maintain strict confidentiality of financial and client information
Requirements
  • Grade 12 / Matric
  • 2–3 years’ experience in commission administration or financial administration
  • Financial services / insurance industry experience (preferred)
  • Microsoft Excel proficiency
  • Strong numerical skills with proven reconciliation capability
Soft Skills
  • Analytical, solutions-focused and comfortable with pressure
  • Clear communicator with good stakeholder management
  • Organised, deadline-driven, and trustworthy with confidential info
Salary
  • The proposed salary for the role is R12k - R18k per month - the final offer will depend on qualifications, experience and skills.

Highlights
  • Company name
    Pillango Placements
  • Job position
    Commissions Administrator
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