FUNDS ADMINISTRATION INTERNSHIP

PURPOSE OF THE JOB
To perform all clerical duties as per processes, procedures, and standards in Funds
Administration of NBCRFLI and in terms of the requirements of Pay outs and Processing
section as required by the Region whilst empowering themselves with necessary skills and
knowledge.

Job Objectives:

• Timeous processing and calculation of applications for Pro Rata’s, sick leave,
  holiday, settled cases from arbitrations, refunds to employers and AWOL
• Capture all manual applications on the system, allocate to a clerk, print out the
  application, calculate the pay out, send off for checking, make any necessary
  changes and then create batches for the supervisor to sign off and load onto the
  Bank.
• Ensure all necessary supporting documentation is attached to applications, e.g. sick
  note for sick leave
• Print out all online applications and perform spot checks, then create batches for the
  supervisor to sign off and load onto the Bank.
• Identify and resolve anomalies.
• Handle all walk in and electronic queries related to pay outs that are allocated to you
• Update Foreigner bank account details if this duty is allocated to you
• Reissuing Rejected payments and posting of Journals for employees, transferring
  funds
• Perform other tasks as and when assigned by the Supervisor.
• Process of all monthly employer contributions according to the main collective
  agreement.
• Process special returns, cases and invoices
• Ensure invoices and refunds are authorized by the Supervisor
• Issuing and cancellation of invoices
• Attending to stake holder queries
• Manual capturing of special returns
• Month end balancing and Financial Year End balancing
• First and final checking of error logs
• Perform any other related duties allocated by the Supervisors.

Essential requirements of the post

• Matric Qualifications with Mathematics and/or accounting subjects
• National Diploma or Degree in accounting and/ or finance.
• Computer literacy and good typing skills
• Knowledge of filing of documents and administration as well as record keeping
• The candidate must have the ability to take instructions, pay attention to detail and
  work independently as well as in a team setting.
• Basic Report writing
• Applicant must be unemployed, and a South African Citizen by birth.

Remuneration Grade: (Stipend Salary will be paid)

The internship programme will run for a period of a year until 2025 and a monthly stipend will
be paid.
It is Council’s intention to promote equity through the filling of all numeric
targets as contained in the EE plan, first preference will be given to African
Males; African Females; Coloured Males; Coloured Females; White Males and
White Females.

Applications accompanied by a comprehensive WORD/ PDF format CV with academic
transcripts/qualification must be forwarded to the NBCRFLI Human Resources Department
via e-mail address to recruitment-ms@nbcrfi.co.za before the closing date.

Closing date: 10 October 2024

Should you not hear from us 30 days after the closing date, please consider
your application unsuccessful.

All the best with your applications.