Compliance Reconciliation Administrator

IZI South Africa are seeking a detail-oriented Compliance & Audit Reconciliation Administrator to join our Western Cape and Northern Cape region team.

Unlike a traditional finance-only role, this position focuses on the systematic verification of records to ensure full adherence to regulatory standards and internal policies.

The successful candidate will be responsible for reconciling complex data sets, identifying non-conformance, maintaining audit ready documentation, maintaining precise and timely accounting and reconciliation standards at the Cash Processing Centre (CPC), ensuring full alignment with corporate protocols. This role is ideal for a proactive professional with a history of implementing best practices, adhering to company policy, and applying sound judgment to achieve business objectives.

If you recognize the vital contribution a Compliance Reconciliation Administrator makes to the success of a business unit, we invite you to apply.

• Ensure that CPC employees adhere to reconciliation controls and procedures and report on non-adherence

• Responsible to collate information from different source documents in order to complete timely and accurate reconciliation for each fund movement

• Responsible to engage with the providers of the documentation (Cash Processing Centre management) to ensure that the data is relevant, up to date, accurate and complete and provided in a timely manner

• Responsible to provide Customer Reporting

• Proactively communicate with internal staff and customers in order to resolve discrepancies within a set timeline

• Responsible to escalate issues to Branch Manager when not resolved timeously

• Reconcile between claims received and actual discrepancies

• Responsible for carrying out discrepancy trending to identify trends

• Responsible for reporting of processing backlogs as prescribed by relevant procedures

• Responsible to perform monthly ATM Snap checks

• Review current reconciliation process on a regular basis

• Responsible to ensure that all reconciliation documentation is managed in line with Records Management Controls

• Monitoring of CPC Differences and trends

• Assist with Investigations related to reconciliations as well as any anomalies in procedures

• Special projects as will be communicated from time to time

• Assist Reconciliation Departments at Head Office with cash processing recons and resolving queries

• Assist with daily operational / finance admin issues / queries pertaining to cash processing and related activities

• Provide ad hoc support on customer queries, where resolution has not occurred at branch level

• Escalate queries to senior management for resolution

• Ensure adherence to controls regarding cash counts

• Submission of cash count reports to Head Office

• Escalation of non-adherence of procedures

• Any other Group/Africa or ad hoc reports as requested

• Assist with year end audit in provision of supporting documentation and information

• Branch Audit reports including updating of Compliance dashboards

• Participate in the design/ development/ review/ implementation and monitoring of the branch/region/national safety plans for each year.

• Participate in safety forums created by company for example safety meetings and safety talks

• Report all safety incidents to the relevant people

• Discuss all safety incidents on all levels

• Follow-up on any activities assigned through safety meeting/committee/representative/management

• Attend safety education and refresher programmes

• Comply with safety policies and procedures at workplace

• Distribute safety information as and when required

• Grade 12

• Diploma or Financial Qualification

• 3-5 Years relevant working experience in Auditing, Compliance and accounting principles is highly preferred.

• Experience in systematic record keeping and data verification.

• Proven ability to interpret regulatory frameworks and apply them to administrative reconciliations.

• Previous Cash Management Centre experience would be highly beneficial

• Willingness to travel

• Willingness to relocate

• Candidates must possess a current, valid license.

• Must have a reliable personal vehicle for work-related travel

• Knowledge of Reconciliation of Operational and Compliance controls for internal candidates would be required

• Computer Literacy in MS Office , with specific reference to intermediate Excel (literace in Google Workspace including Google Sheets will be advantageous)

• Good communication skills - both written and verbal

• Report writing skills

• Strong administrative skills

• Attention to detail

• Work under pressure

• Dealing with changing circumstances

• Supporting and working with others