Job Description

Job Summary BASIC JOB DESCRIPTION
Oversee fund administration duties for administrators

• Prepare up to date, accurate, monthly reports and statistics for the Benefits Processing Manager
• Maintain the statistical records of members and pensioners and prepare a submission to the EXCO meeting on a monthly basis.
• Ensure that audit controls are in place and audit requests are closed timeously.

Project Management support

• Participate in the Fundxe2x80x99s overall projects e.g., Defined Contribution Conversion, Business Process Re-engineering, amendment of the Fundxe2x80x99s Rules, contributing expertise to enable project objectives to be met.
• Draft reports as part of the project deliverables.

Provide support to the Benefits Processing Manager

• Keep abreast with changes in relevant guidelines and other legislation, to make recommendations where policies and procedures need to be amended.
• Recommend processes and procedures that are relevant to the section and enhance service delivery

Maintain Member / Pensioners System Data

• Verify and forward all data updates for authorisation before Payroll close through the workflow process.
• Maintain data integrity by following up on the exception reports and making the required updates.
• Ensure that the system is aligned to processes in terms of technical specifications by conducting necessary testing and confirmations before finalising the documents.
• Ensure that the correct procedure is followed in terms of the Transfer In process and update the system with the correct values paid into the Fundxe2x80x99s account.

People Leadership

• Manage planning of resource requirements, ensure sufficient capable resources are in place to meet service delivery demands, maintaining the effective and efficient capability of the department.
• Build a high performing team where the best people are deployed in the right roles and deliver against strategy.

Contribution handling

• Manage the allocation and reconciliation of member contributions to ensure that all contributions are correctly recorded

REQUIRED MINIMUM WORK EXPERIENCE AND QUALIFICATIONS

• Relevant Bachelor Degree. Registered with professional bodies - where applicable.
• Relevant Industry Diploma
• Working knowledge of Pension Fund Rules
• Basic knowledge of Income Tax Act, Divorce Act, Pension Funds Act, Child Care Act, Marriage Act, Recognition of Customary Marriage Act, Mental Health Act
• Working knowledge of Benefit administration
• Knowledge of Law - Section 37 (C) allocation of death benefit lump sums
• At least 5 years job-related experience which should include at least 1 yearxe2x80x99s experience in a supervisory role.

Should you meet the above requirements, please upload your CV to our website www.hslabour.co.za. [CVS VIA EMAIL WILL NOT BE CONSIDERED]
All suitably qualified candidates are encouraged to apply and will be considered. Our client applies the principles of employment equity as per National legislation and policy guidelines and will consider designated groups in line with these requirements.
Full spec to be shared with shortlisted candidates
Shortlisted candidates will be required to go through background screening and assessments.

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