Operational Finance Specialist (Fixed-Term Contract)

Job Description,Reporting to the Team Manager: Operational Finance, this role will be responsible for managing benefit calculations (resignation, retirement, vesting, death), processing account transfers and journals, and ensuring accuracy through quality checks. Support team operations, reconcile billing accounts, liaise with stakeholders, assist with audits, and respond to queries within SLA., Requirements,EducationBCom Accountancy degree or similiarExperience2-3 years’ experience within a financial services environment, preferably in the Insurance Industry (preferred)Strong reconciliation experience (essential)Experience in the use of Microsoft Office applications (Word and Excel etc)Proficient in MS Office - Advanced ExcelKnowledge And SkillsGeneral knowledge of insurance legislation/rules (preferred)Exposure in dealing with members, brokers, and advisors (preferred)Strong computer skills, including Microsoft Office Package at a Moderate levelStrong sense of commitment to the organization’s goals and valuesBasic knowledge of accounting and financial principlesCompetenciesAnalytical and be able to make prudent business decisionsFlexible and adaptable in changing and challenging circumstancesFast learner with the ability to rapidly assimilate and utilize new information and skillsHigh level of accuracy and be able to operate efficiently under pressureGood written and verbal communication skillsMust be self-motivatedTime management skillsBe a team player and take responsibility for own development initiative, Duties and Responsibilities,Calculation of resignation, retirement, AD vesting and death claim benefitsCalculation of Exit Quotes generate letters and quality assure the lettersTransferring of balances from Special benefit account and Apportionment accounts to the current accountsProcessing of Credit Control Journals for each calculation doneQuality assurance for calculations processed prior to submission of paymentsUpdating of the input file for the transactions to be uploaded on to the systemProviding support and assistance to team members and managerInvestigate and reconcile members billing accountsEstablish, maintain, and build relationships with key stakeholdersLiaison function with internal and external departmentAssist with year-end requirements and audit queriesRespond to queries and investigations within agreed SLA