COMMISSIONS ADMINISTRATOR

Recruiter:

HR Genie

Job Ref:

1225 EW COMAD

Date posted:

Tuesday, March 18, 2025

Location:

Pretoria, South Africa

Salary:

Market related

SUMMARY:
Receive and capture commission.

POSITION INFO:

Our client, a leading company in the financial services industry, got two positions available.

Your:

Formal Education:

Experience:

This position requires at least 2 years working experience in a commission related role. Experience in the financial services industry is an advantage

Knowledge:

Computers and programs - excellent knowledge of MSOffice (Word, Excel and Outlook).
Clerical – intermediate administrative and clerical procedures such as word processing, managing files and records.
Fluent in English (speak, read & write). Afrikaans will be an advantage.

will enable you to fullfill the following duties:

People:

Regular interaction with fellow-employees, financial advisors and product providers to ensure the effective delivery of administrative requirements.

Commissions:

Request monthly commission statements from all product providers (via email and telephone). Save the statements accordingly for easy accessibility.
Process timely and accurately the daily/weekly/monthly commissions for 200+ financial advisors on the internal Commsplit commission system via a manual and automatic import process.
Manage the client information Inbox daily and load all client information reports received.
Manage the outstanding client information process. Request client information from advisors and capture daily on commissions system. This is a crucial part of the position and is measured continuously.
Ensure exception reports are dealt with and allocated. Take corrective measures to ensure commission statements balance with the commission system.
Deal with any commission related enquiries from your HOD.
Manage the special payments commission loads. Advisors to inform you which product provider relates, obtain statements and load. Compile associated documentation and present.
Process all commission schedules.
Email individuals commission statements to advisors as requested.

Bookbuys and Client Transfers:

Manage the new advisor book imports process according to set deadlines.
Communicate progress regularly with HOD and advisors.
Use the commission system to do and check the book-buy reconciliations (excel and manual) and obtain sign-off from HOD.

Reporting:

Other Administrative Support:

Provide other clerical and administrative support in the operations division as required.

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