Employee Benefits Section 14 Administrator Western Cape

Sygnia Asset Management is actively recruiting for a Employee Benefits Section 14 Administrator position in Western Cape. This is an excellent opportunity for professionals in the Finance / Accounting / Audit sector looking to advance their careers.

• Experience Level: 3 - 4 years • Educational Background: Others or equivalent • Industry Focus: Finance / Accounting / Audit • Location Preference: in Western Cape

Financial professionals like Employee Benefits Section 14 Administrator are vital for organizational stability and compliance. This role offers the opportunity to impact business strategy and financial health.

This role in Finance / Accounting / Audit offers valuable career progression opportunities aligned with your experience level and professional aspirations.

When applying for this Employee Benefits Section 14 Administrator position, ensure your CV highlights: • Relevant experience matching the 3 - 4 years requirement • Educational qualifications in line with Others • Specific achievements in the Finance / Accounting / Audit field • Any certifications or specialized training

The Finance / Accounting / Audit sector in South Africa continues to show strong demand for skilled professionals. This position represents a valuable opportunity in the current job market.

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Sygnia is the fastest-growing multi-management company in South Africa. Join this dynamic company by becoming a part of their Employee Benefits Administration team as an Employee Benefits Section 14 Administrator

Monitor Section 14 approvals and the bank account to identify Section 14 receipts. When deposits are received, follow up on outstanding data. When data is received, reconcile the data to the Section 14 application, member information and payment. Query any missing information or discrepancies with the Transferor Fund. Conclude allocation accurately and within agreed upon timelines. Monitor the ROT01/ROT02 SARS report daily and ensure all allocations receive a successful response. Follow up on ROT01/ROT02 failed submissions until concluded. Work closely with all relevant parties, e.g. internal and external consultants, participating employers, trustees, principal officers, fund accountants

Monitor Section 14 approvals. When approvals are received, process the transfer out and provide the transferee fund with the required data. Assist the transferee fund where necessary with ROT01/ROT02 failed submissions until concluded. Work closely with all relevant parties, e.g. internal and external consultants, participating employers, trustees, principal officers, fund accountants

Assist the Accounts team with collating and preparing information on transfers for the annual audit. Identify projects that need to be completed and manage/perform these as required. Assist other teams where necessary, e.g. reviewing claims or updates, assisting with data anomalies etc On an ongoing basis, assess the processes and controls for appropriateness and efficiency.

Diploma/Degree Advantageous Minimum of 3-4 years’ experience in Employee Benefits Previous experience with umbrella fund administration and/or standalone retirement fund administration Working knowledge and experience of Everest (administration system) advantageous

Strong attention to detail High level of numeracy and accuracy Good analytical/ problem-solving skills Good inter-personal skills Good communication skills, both written and verbal Proactive individual, who is willing take responsibility and accountability for allocated tasks Excellent organisational skills Ability to multi-task Ability to work under pressure Solid knowledge of the retirement fund industry and legislation