Commissions Clerk

Position Purpose:Responsible for calculating, processing and managing commission payments to brokers by ensuring accuracy and compliance with agreements.

Experience: Minimum 3 years solid working experience preferably within the medical aid Industry or insurance Industry.

Qualifications: Bachelor's degree/Diploma in Accounting or Finance

• Calculate broker commissions based on established compensation structures.
• Verify commission agreements and ensure accuracy in calculations.
• Enter commission data into the accounting system accurately and timely.
• Maintain and update records of commission payments and agreements.
• Generate regular reports on commission payouts and trends.
• Provide summaries and details for management review.
• Reconcile commission accounts and resolve discrepancies as needed.
• Collaborate with the finance team to ensure financial accuracy.
• Respond to enquiries from brokers regarding commission payments and discrepancies.
• Liaise with the finance teams to clarify commission-related issues.
• Ensure compliance with company policies and relevant regulations regarding commission payments.
• Assist in preparing documentation for audits as required.

Skills and Abilities

• Excellent Microsoft Excel skills must be at advanced level
• Excellent organizational and communication skills.
• Excellent attention to detail and analytical skills.
• Strong communication and interpersonal skills.
• Ability to meet deadlines
• Ability to use initiative
• Ability to multitask

Knowledge

Excellent knowledge of accounting software

• Excellent knowledge of bookkeeping principles and practices.

Note: Company reserves the right to close the advert before specified closing date.

PHA has its head office in Westville, KwaZulu-Natal. It operates country-wide with a nationally linked network and uses a robust, flexible, as well as integrated system to ensure efficient and effective administration of membership and benefits.