Linkedprime
Old Mutual South Africa

Senior Administrator: Compliance and Reconciliation (Payroll)

Posted: 5 hours ago

Job Description

Let's Write Africa's Story Together!Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.Job DescriptionPerforms routine administrative duties such as drafting correspondences, scheduling appointments, organising and maintaining data, as well as assisting internal and external stakeholders Contribution ReconciliationPerform monthly reconciliations between employer payroll schedules, payment records, and fund administration systems.Identify and investigate variances, missing payments, or unmatched members.Maintain accurate audit trails and reconciliation logs.Work closely with the Payroll Administration team to resolve discrepancies timeously. Unallocated Deposits ManagementReview and investigate all unallocated deposits daily.Identify the source of funds and ensure allocation to employer records via the Payroll Administration teamEscalate unresolved or aged items for management attention.Contribute to reducing unallocated balances within target timelines.3. Reporting & GovernanceCompile and submit monthly compliance and reconciliation reports.Support management in preparing dashboards and summaries for governance meetings.Ensure that internal controls, segregation of duties, and audit standards are consistently applied.Contribute to process improvement initiatives enhancing data accuracy and compliance monitoring. Stakeholder EngagementLiaise with internal departments (Payroll Admin, Finance, Employer Services, Audit) to resolve variances and compliance gaps.Communicate with employers on missing contributions, incorrect schedules,Skills/Knowledge/ExpertiseRetirement Fund Experience and KnowledgeFinance Diploma (advantageous)Finance knowledge (Suspense account knowledge advantageous)MS Excel (Intermediate)SkillsAccounting, Action Planning, Budget Management, Calendar Coordination, Computer Literacy, Data Analysis, Database Reporting, Data Compilation, Data Interpretations, Executing Plans, Financial Acumen, Governance, Management Reporting, Numerical Aptitude, Oral Communications, Reconciliations, Reporting, Report Review, Retirement Fund AdministrationCompetenciesDirects WorkDrives ResultsEnsures AccountabilityManages ComplexityOptimizes Work ProcessesPlans and AlignsTech SavvyEducationMatriculation Certificate (Matric) (Required)Closing Date14 November 2025 , 23:59The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.The Old Mutual Story!

Job Application Tips

  • Tailor your resume to highlight relevant experience for this position
  • Write a compelling cover letter that addresses the specific requirements
  • Research the company culture and values before applying
  • Prepare examples of your work that demonstrate your skills
  • Follow up on your application after a reasonable time period

You May Also Be Interested In