Bryte Insurance Company Limited Recent Job Vacancy

Posted on :

14 Sep, 2020

Category :

Banking Jobs in South Africa, Technician Jobs in South Africa

The role holder will be responsible to ensure all non-operational expenses are processed and paid timeously and accurately in accordance with Brytes contracts, agreements and internal processes, procedures and policies.



Job Title:Banking Recon Technician
Location: Johannesburg, Gauteng, South Africa
Reference: # BRT1
Contract Type: Permanent
Salary: Market Related

Key Tasks & Accountabilities

Functional Management

•Effective and accurate processing and payment of non-operational expenses
•Ensure correct allocation of payments to correct cost center through adherence to internal processes
•Check all authorizations of invoices by comparing signed invoice with specimen signature
•Ensure all processing and payments are conducted according to statements received, unless otherwise approved by management
•Ensure all statements are authorized by delegated authority
•Verify that all new or renewed contracts are paid and processed in compliance with contracts and systems
•Input all relevant details of statements accurately and timeously
•Ensure and validate accuracy of supplier information (e.g. VAT number of supplier and Bryte)
•Ensure accurate flow of statement processing
•Check for duplication of statements and if detected, take corrective action or escalate
•Ensure only one payment is made per statement
•Gain authorization of payment requests and raise request for payments within timelines
•Ensure cheque requisitions are accurately completed and accompanied with all supporting documentation (e.g. approved statement or authorized invoice)
•Obtain authorization for change of banking details from delegated authority
•If requested, print and fax up date list to suppliers as proof of payment timeously
•Escalate all system emergencies to manager
•Print appropriate supplier driven reports
•Analyse AP analysis and follow up on payments not paid monthly
•Resolve all supplier queries or escalate and follow up to ensure resolution

Effective management of transaction allocation (reconciliations)

•Allocate receipts to all of the various sub systems of Bryte
•Ensure all monies are allocated to the correct business area through the system
•Identify when cheques have passed through the system and ensure that they are traced and loaded within 24 hours
•Liaise with the bank on a daily basis to gather any further information required to process transaction
•Respond quickly to requests, taking care to gather, collate and check the correct information before responding to the client
•Maintain confidentiality in respect of all client information
•Follow up all queries and transactions until resolved or escalate to the team leader if unable to settle
•Ensure amounts outstanding are not excessive
•Become familiar with deposit action to assist in allocation
•Ensure the allocation of premiums from brokers to debtors accounts is conducted timeously and accurately
•Raise any system errors or enhancements to the team leader to assist in practical application for system users

Effective management of accounts receivable

•Notify bank reconciliation account technicians of any receipt of payments (i.e. collection of over the counter monies)
•Capture receipt information into accounts receivable system
•Print statements and forward to the relevant department (e.g. printing department) to facilitate their maintenance of administrative processes and procedures
•Resolve or escalate queries form internal department

Leadership Accountabilities

•Model behaviours that demonstrate commitment to Bryte’s guiding principles.
•Take action to manage own personal development and encourage others to do the same
Education and Experience

•Finance qualification
•Minimum 3-5 years’ experience in banking administration


•Financial management
•Problem solving
•Strategic thinking
•Knowledge sharing
•Effective communication with internal and external stakeholders
•Detail oriented, accurate and organized
•Prioritize tasks and complete duties within a specified time frame
•Strong Microsoft Excel skills

To apply

Click Here!

Application Deadline: 18/09/2020

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