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Note: This is a 24-month, fixed-term contract position
Purpose of the job: The OFFICER: REGIONAL FINANCE is responsible to provide regional support by administering claims payments and ensuring an effective system of claims payments function through continuous improvement and resolution of stakeholder queries.
Key Performance Areas
Management of claims payment process.
Verify and approve payments in line with DOA by confirming the accuracy, validity, completeness and existence of a payment by inspecting supporting documentation to confirm the following:
Payee to the trigger and supporting documents (per above)
Banking details for both the trigger document and any supporting documents
Amounts through verification of supporting documents
Payment is not a duplicate by ensuring the financial enquiry reports are attached to the EA as supporting documents of payment
Elimination of duplicate payments through implementation of effective internal controls
Attend to and resolve queries timeously
Maintain and develop good relations with claimants, attorneys, firms and colleagues
Financial Management
implementation of and adherence to financial management principles to ensure valid, accurate and complete processing of Claims payments
Appropriate implementation of and adherence to applicable Policies and procedures
Interrogate supporting payment documents for accuracy, validity and completeness
Continuous improvement in internal controls in relation to claims Payment Approval process
Check completeness and accuracy of batch reports
Reporting
Contribute to Weekly reporting on Flash Stats
Daily reporting on queries that could not be resolved
Daily reporting of non-compliance
Daily reporting on stakeholder queries
Attend and contribute to Monthly staff meetings in the regions
Produce monthly reports for claims management
Monitoring and Evaluation.
Adhere to the effectiveness in terms of service delivery of claims payment function
Report on non-compliance with the RAF claims payments, processes and procedures
Deal with queries and ensure that they are resolved timeously
General Administration
Identify training and development needs for self
Compliance with company policies and procedures
Assist in inducting new employees into the division
Ensure that all administrative functions related to the role is executed
Qualifications
NQF 7 (bachelor's degree or Advanced Diploma) in Commerce/Financial Accounting/Accounting related qualification
Experience
Relevant 3 years' experience in a financial environment
Technical and behavioral competencies required
Knowledge of financial software Packages and SAP
Ms Office package
Knowledge of cash and bank management
Knowledge of PFMA and accounting principles
Knowledge of public sector finance
Knowledge of corporate governance
Strong analytical capabilities
Speed and accuracy
Personal mastery
Emotional wisdom
Ethics and governance
Customer orientation and customer focus
NB: "RAF offers Total Employment Cost packages with no additional contributions from the Employer; successful candidates are required to structure their packages in a manner that will suit their needs."
Desired Experience & Qualification
Note: This is a 24-month, fixed-term contract position
Purpose of the job: The OFFICER: REGIONAL FINANCE is responsible to provide regional support by administering claims payments and ensuring an effective system of claims payments function through continuous improvement and resolution of stakeholder queries.
Key Performance Areas
Management of claims payment process.
Verify and approve payments in line with DOA by confirming the accuracy, validity, completeness and existence of a payment by inspecting supporting documentation to confirm the following:
Payee to the trigger and supporting documents (per above)
Banking details for both the trigger document and any supporting documents
Amounts through verification of supporting documents
Payment is not a duplicate by ensuring the financial enquiry reports are attached to the EA as supporting documents of payment
Elimination of duplicate payments through implementation of effective internal controls
Attend to and resolve queries timeously
Maintain and develop good relations with claimants, attorneys, firms and colleagues
Financial Management
implementation of and adherence to financial management principles to ensure valid, accurate and complete processing of Claims payments
Appropriate implementation of and adherence to applicable Policies and procedures
Interrogate supporting payment documents for accuracy, validity and completeness
Continuous improvement in internal controls in relation to claims Payment Approval process
Check completeness and accuracy of batch reports
Reporting
Contribute to Weekly reporting on Flash Stats
Daily reporting on queries that could not be resolved
Daily reporting of non-compliance
Daily reporting on stakeholder queries
Attend and contribute to Monthly staff meetings in the regions
Produce monthly reports for claims management
Monitoring and Evaluation.
Adhere to the effectiveness in terms of service delivery of claims payment function
Report on non-compliance with the RAF claims payments, processes and procedures
Deal with queries and ensure that they are resolved timeously
General Administration
Identify training and development needs for self
Compliance with company policies and procedures
Assist in inducting new employees into the division
Ensure that all administrative functions related to the role is executed
Qualifications
NQF 7 (bachelor's degree or Advanced Diploma) in Commerce/Financial Accounting/Accounting related qualification
Experience
Relevant 3 years' experience in a financial environment
Technical and behavioral competencies required
Knowledge of financial software Packages and SAP
Ms Office package
Knowledge of cash and bank management
Knowledge of PFMA and accounting principles
Knowledge of public sector finance
Knowledge of corporate governance
Strong analytical capabilities
Speed and accuracy
Personal mastery
Emotional wisdom
Ethics and governance
Customer orientation and customer focus
NB: "RAF offers Total Employment Cost packages with no additional contributions from the Employer; successful candidates are required to structure their packages in a manner that will suit their needs."