Benefits Reconciliation Administrator - 6 month contract
Network Recruitment
- Johannesburg, Gauteng
- R450,000-550,000 per year
- Permanent
- Full-time
- Daily Interfacing and Audit Inspection:
- Analyze errors and ensure data integrity for audit inspection.
- Cost Accounts Management:
- Maintain cost accounts for Funds Management services.
- Undertake monthly and daily cost allocations, ensuring accurate departmental cost recovery.
- Reconcile balance sheets monthly, investigating and correcting anomalies.
- Monthly Reporting:
- Prepare comprehensive monthly cost reports by collating reconciliation and cost allocation data.
- Investigate and rectify anomalies before submission to the Senior Financial Controller within deadlines.
- Regulatory Compliance:
- Prepare quarterly SARB Stats Reporting.
- Handle VAT inputs, including gathering data, invoice processing, and submission of VAT201 Declaration to SARS.
- Ensure compliance with tax legislation, staying updated with changes.
- Staff Reimbursement Summary:
- Prepare a summary of staff reimbursements for management review.
- Employee Benefit Bank Reconciliation:
- Capture transactions for salaries and benefits bank accounts.
- Reconcile employee benefit bank accounts on a daily basis, investigating and rectifying anomalies.
- Omni Benefit Reconciliations:
- Conduct daily and monthly reconciliations of all benefit-related balance sheet accounts, excluding SARS.
- Perform proactive analytical work to identify and address errors.
- Tax Data Reconciliation and Submission:
- Prepare reconciliations of monthly tax data, investigating discrepancies and providing recommendations for corrective action.
- Assist in reconciling Annual and Bi-annual tax reconciliations, ensuring timely submission returns to SARS.
- Ad-hoc Financial Functions:
- Perform ad-hoc financial functions as requested by the financial manager.
- Bachelor's degree in Accounting, Finance, or related field.
- Proven experience in financial reconciliation and reporting.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational abilities.