
Recruite
About the Position
A vacancy exists for a Commissions Administrator at a leading financial services company in Pretoria. This role requires a highly organized and detail-oriented individual to manage commission-related tasks and provide administrative support.
Minimum Requirements
- Formal Education: Matric with mathematics or accounting is required.
- Experience: At least 2 years of working experience in a commission-related role. Experience in the financial services industry is an advantage.
- Knowledge:
- Excellent knowledge of MS Office (Word, Excel, and Outlook)
- Intermediate-level administrative and clerical skills, including word processing and managing files and records
- Fluent in English (speak, read, and write). Afrikaans is an advantage
Key Responsibilities
- Commissions:
- Request and process commission statements from product providers monthly, ensuring accurate and timely processing for 200+ financial advisors using the Commsplit commission system
- Manage the client information inbox and load client information reports daily
- Monitor and resolve outstanding client information issues, capturing updates on the commission system
- Address commission discrepancies in exception reports and implement corrective measures
- Handle commission-related queries from the Head of Department
- Process and document special payments and associated commission loads
- Generate and distribute commission schedules to financial advisors
- Bookbuys and Client Transfers:
- Manage new advisor book imports according to set deadlines
- Communicate progress regularly with HOD and advisors
- Conduct reconciliations (both manual and in Excel) and obtain sign-off from HOD
- Reporting:
- Coordinate information for the monthly Operations Report
- Other Administrative Support:
- Provide clerical and administrative support as required by the operations division
Desired Skills
- Commissions administration experience
- Financial services industry knowledge
- Strong attention to accuracy