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Senior Financial Administrator:Insurance



Johannesburg, ZA

Date:  6 Jul 2024
Reference:  134004

Requisition Details & Talent Acquisition Contact

REQ: 134004

Location:135 Rivonia, Sandton, Nedbank Head Office

Cluster: Nedbank Wealth Insurance

Closing Date: 14 June 2024

Talent Acquisition Consultant: Lerato Sithole

Job Family


Career Stream


Leadership Pipeline

Manage Self: Technical

Job Purpose

  • To prepare; analyse; interpret; collate and present financial and non-financial information in order to drive strategy; enable decision making and support Nedbank Business Units; as per the business strategy.

Job Responsibilities

  •  Preparation of month end journals to produce valid, accurate and complete monthly reporting.
  • Perform quality control checks (daily and monthly process) by verifying data accuracy, proper authorisation by preparation of monthly reconciliations.
  • Preparation of monthly invoices for payment.
  • Assist in providing formal commentary and interpretation on financial information to stakeholders through variance analysis.
  • Preparation of SASRIA documentation for review and submission.
  • Preparation of group reporting on a monthly basis.
  •  Assist with the year-end and bi-annual SASRIA audit. 
  • Assisting with non-life projects/initiatives to ensure all of finance requirements are met
  • Understanding business trends, projecting forwards and making recommendations where appropriate.
  • Ensure that reporting deadlines are met by adhering to set deadlines.
  • Assisting with ad-hoc requests from management or any other stakeholders in the business 
  •  Build and maintain strong internal and external relationships by attending relevant meetings and regular communication.
  • Build trusting professional relationships by sharing professional knowledge, meeting deadlines and providing high quality work.
  • Ensure all general ledger entries are accurate and correctly posted and approved by checking daily reports, performing quality control checks and querying incorrect postings.
  • Ensure compliance by following regulations, policies and procedures.
  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
  • Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
  • Ensure information is provided correctly to stakeholders by maintaining knowledge  sharing knowledge with team.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  •  Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.

Minimum Experience Level

  • 2-3 years' experience in Accounting / Financial Management, with 1-2 years' experience in insurance accounting

Essential Qualifications - NQF Level

  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees

Preferred Qualification

  • Bachelor of Commerce: Accounting honours

Type of Exposure

  • Working with a group to identify alternative solutions to a problem
  • Completing various administrative duties (e.g.; managing records and reports)
  • Sharing information in different ways to increase stakeholders understanding
  • Comparing two or more sets of information
  • Communicating internally and externally
  • Tracking cost against a budget
  • Checking accuracy of reports and records
  • Building and maintaining effective relationships with internal and external stakeholders
  • Managing customer expectations
  • Interacting with diverse people
  • Implementation of projects

Technical / Professional Knowledge

  • Banking procedures
  • Business administration and management
  • Business terms and definitions
  • Cluster specific operations
  • Data analysis
  • Governance, Risk and Controls
  • Relevant Nedbank product knowledge
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Administrative procedures and systems

Behavioural Competencies

  • Earning Trust
  • Communication
  • Customer Focus
  • Decision Making
  • Managing Work
  • Quality Orientation


Preference will be given to candidates from the underrepresented groups


Please contact the Nedbank Recruiting Team at +27 860 555 566


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