Job Description

Introduction

Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

Accurately control and process payments on various banks and divisions and prepare financial reconciliations and analysis to enable business processes.

Requirements

Qualifications

Matric



BCom Degree

Experience

8-10 years in accounts payable and invoicing / creditors environment

Duties & Responsibilities

Handle all administrative activities

(Internal Process)

Managing the full payments process, local and foreign: Ensure all payments are captured timeously and accurately.



Managing the full expense process: Ensure all expenses are captured timeously and accurately.



Responsible for managing the end-to-end invoice process--from receiving and validating vendor invoices to ensuring the source documentation and authorisation are attached to effect payments timely and within the determined service level agreements.



Analyse and process a significant volume of invoices on a weekly basis. Verify the accuracy of invoices and resolve discrepancies with vendors and internal staff. Ensure invoices are approved in accordance with company policies and procedures.



Maintain organized and up-to-date invoice records - daily tracker.



Review expenses on a monthly basis to ensure accurate allocations and variances to budget.



Reviewing the monthly creditors reconciliation and ensuring reconciling items are followed up and resolved timeously.



Managing staff and providing support where required to ensure they carry out their responsibilities adequately.



Managing the payments process and provide support to the relevant team members when required.



Identify and resolve problem sources or escalate to relevant level of authority.



Meeting company and client accounting, payment and reporting deadlines and managing the teams deadlines.



Build and maintain effective business relationships with the business in order to manage service delivery in line with business expectations and requirements.



Collate, compile and process payments daily for the various divisions and banks within the required standards and defined timeframes.



Reconciling the payment listing to the banking audit trails.



Manage the loading of new creditors/ recipients to the banking systems.



Mailing proof of payments from Cims to the clients.



Reconcile and report on relevant information.



Manage and assist with capturing creditor invoices and processing payment.



Attending to mailbox daily.



Addresses ad-hoc queries received from clients and stakeholders on a daily basis.



Assist with allocating cash-flowreceipts from bank accounts.



Cims housekeeping and creditors maintenance for Reinsurance and the finance team (Linking creditors, loading payees and payee amendments)



Assisting with the maintaining the Fixed Asset register and reconciliation, monthly.



Assist with the BEE reporting on a quarterly basis.



Take ownership for driving career development.

Engage with clients in a client centric manner

(Client Services)

Build and maintain relationships with clients and stakeholders.



Define fair and innovative internal client service practices which build rewarding relationships, and allows team to provide exceptional client/stakeholder service.



Engage with key stakeholders to identify changing internal needs and make recommendations to align service offering with stakeholder needs.



Contribute to a client/stakeholder t service excellence culture which builds enduring relationships and allows team to provide exceptional client/stakeholder service.



Incorporate internal stakeholder feedback into the enhancement of daily business processes and management operating systems.

Effectively lead team

(People)

Create a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivity.



Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.



Select and recruit suitably qualified talent in line with Employment Equity principles and MMI values.



Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.



Enable a learning and growth culture whereby information regarding successes, issues, trends and ideas are actively shared between team members.



Execute effective workforce planning practices to ensure that staffing requirements are accurately forecasted.



Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growth.



Effectively manage performance within the team in order to ensure business objectives are achieved.



Encourage innovation, change agility and collaboration within the team.



Share and transfer product, process and systems knowledge to colleaguesEnsure technical product and legislative knowledge is always current in order to propose the most relevant and innovative client solutions and comply with governance requirements.



Be self-confident, self-motivated and relentlessly pursue targets and goals.

Contribute to financial controls and planning

(Finance)

Prepare and check invoices and arrange for payments.



Prepare monthly recons for creditors.

Competencies

Business Acumen

Understands how the business operates, what the key issues and risks are that drives business success; and how they impact on the commercial viability of potential ventures and the profitability of the Group.

Collaboration

Prioritises the business interests of MMI and invests in the success of the group by aligning effort across divisions.

Client/ Stakeholder Commitment

Anticipates, meets and exceeds client's needs by creating long lasting relationships that support the client value proposition, supports their financial wellness and ensures client centricity.

Impact and Influence

Persuades, convinces, influences and inspires others, both within MMI and externally to win support, loyalty and gain commitment to the purpose of MMI.

Drive for Results

Drive a sense of urgency, focus, accountability, agility and execution to deliver business results.

Self-Awareness and Insight

Manages self and relationships with others effectively, deals with ambiguity, uncertainty and pressure, and provides perspective in difficult situations.

Leads Change and Innovation

Actively leads change, does what is right for the business and drives continuous improvement through innovation.

Diversity and Inclusiveness

Is sensitive to individual and cultural differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.

Motivating and Inspiring Team

Creates and maintains an open, positive working environment by generating commitment, building trust, a shared sense of purpose, empowerment in others and encouraging them to contribute to the best of their ability.

Growing Talent

Takes responsibility for own development; and actively mentors, coaches and develops talent in others. Builds leadership bench strength for MMI by providing opportunities and experiences to develop skills, competencies and business knowledge.