Commissions Administrator (Financial Services Sector), Johannesburg

Commissions Administrator (Financial Services Sector) Reference

3032863772

Sector

Financial Services / Insurance / Customer Services

Location

Johannesburg

Job Type

full_time

Experience

2 to 3 years

Qualifications

No education

Package

Negotiable

Description

Our Client, a prominent brand in the Financial Services Industry, is seeking to employ a Commissions Administrator to their team based in Sandhurst, Johannesburg. The future incumbent takes responsibility for the central point of contact for all commissions processing / income processing, distributed to the Financial Planning Partners. Furthermore, the future incumbent plays a critical role in the day-to-day operations of the organization, interacting daily with Financial Planning Partners, Assistants, Finance and the MIS Team amongst others. In simple terms, a commissions administrator is a person responsible for managing, calculating, and processing commission payments to sales agents. Knowledge and understanding of the Financial Services Industry including basic product knowledge and related commission / fee payment processes– understanding commission calculations – an advantage. Knowledge of the operations and client services environment – an advantage.

Requirements:

Post Grade 12 / tertiary qualification in a related field advantageous.

2-3 years’ experience in an Operations and Client Services (or similar pressurized) environment, or

2-3 years’ experience in dealing with commission / fee processes and payments as well as exposure to financial processes (invoicing and payments).

Knowledge and understanding of the Financial Services Industry including basic product knowledge and related commission / fee payment processes– understanding commission calculations – an advantage.

Knowledge of the operations and client services environment– an advantage.

Responsibilities, but not limited to:

Provide general office support, including reception duties, facilities coordination, and ordering of stationery and refreshments.

Monitor shared email accounts and assist with client transactions, including processing withdrawals and opening accounts.

Manage commission processes, including maintaining employee data, reconciling bank statements, and processing commission payments.

Handle queries from internal teams and external providers, and manage invoices and statements.

Perform month-end reconciliations and support finance reporting requirements.

Collaborate with internal teams and contribute to overall business operations and initiatives.

Ensure compliance with company policies, procedures, and values while supporting a collaborative and inclusive work environment.

Please note that should you not receive a response within 2 weeks of applying, you may consider your application unsuccessful.

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