Zeldoline Molao
Contributions Senior Fund Administrator
Bellville
Summary
Experienced with fund administration, portfolio management, and compliance. Strong understanding of regulatory requirements and team collaboration and management.
Overview
10
10
years of professional experience
2013
2013
years of post-secondary education
Work History
Contributions Senior Fund Administrator
Sanlam Employee Benefits
06.2020 - Current
- Supervise / sign-off on the correctness of administrator work(s)
- Receipting, allocating and reconciliation of premiums Contributions
- Processing refunds & Prepare month end reconciliation summaries & reports
- Processing and payment of creditor invoices into accounting system
- Payment of admin and Risk and Refunds
- Reconcile General Ledger accounts
- Daily Reconciliation and Checking of bank Statements received
- Ensure receipting is done within SLA
- Investigate and monitor escalations and complaints
- Understand and comply with relevant legislative requirements
- Prepare and providing monthly risk reports
- Allocate Funds to team
- Ensure that all funds comply and is administered according to the rules, policies, legislation, administration procedures and the service-level agreements
- Follow up on audit findings and recommendations
- Set and agree performance areas with staff and manage employee performance
- KPA and Performance rating discussions
- Inform Fund Accounting and query credit/debit balances
- Team Support and Relationship Management
- Assist the administrators, when required
- Currently Managing a team of 4 people and support other team members
Bank Reconciliation Assistant
Sanlam Personal Finance
06.2019 - 05.2020
- Calculate daily net expected cash balance and report within timelines
- Download bank statement entries from banks software and import into E2 financials
- Investigate unreconciled entries and process journals on E2 Financials
- Liaise and follow up with our banks and other departments regarding unreconciled entries
- Investigate, identify and accurately allocate or redirect unidentified bank statement entries
- Identify and report of any deviations
- Prepare month end banking reconciliation reports
- Handle internal and external requests/enquiries and advise
- Ensure that FICA requirements are met and reported within timelines
- Miscellaneous bank reconciliation tasks
- Assist internal and external auditors by providing supportive documentation
- Process EFT payments
Contribution specialist (Umbrella and Stand Alone Funds)
Sanlam Employee Benefits
03.2015 - 05.2019
- Work directly with clients regarding related queries
- Sending out monthly statements to clients for contributions
- Compile Debit Order files for collection of contributions for a portfolio of clients
- Respond to employee benefit queries & Assist with resolving audit queries
- Disinvest negative contributions
- Administration of Retirement Funds
- Ensure new entrant portfolio application choices are correct
- Inform Fund Accounting and query credit/debit balances
- Ensure that the insurer is informed of members exceeding the proof free limit
- Preparing section 13A letters & Calculate interest on late contributions
- Receipting client contributions
- Adhere Retirement Fund legislation and service level agreements
- Prepare Risk reporting & Prepare contribution reconciliation
Education
Matric - Grade 12
Vuyolwethu High School
FETC - Wealth Management
CKP Development (Pty) Ltd
Accounting Technician (SA) - undefined
BL2000
Accounting Technician (SA) - undefined
BL2000
Skills
- Microsoft Word Windows, Microsoft Excel, Internet, Power Point, Microsoft Outlook
Personal Information
- Date of Birth: 01/17/94
- Gender: Female
- Nationality: South African
- Marital Status: Single
Competency Profile
Planning and organising skills, Organising skills, Managing productivity, Decision making skills, Communications skills, Services Knowledge, Result orientated, Mathematical skills, Responsible, Team-player, Creative, Innovative, Leadership ability, Positive attitude and co-operative, Reliable, Honest, Maintenance of confidentiality, Ability to work under pressure, Willing to learn and adapt to change
Timeline
Contributions Senior Fund Administrator
Sanlam Employee Benefits
06.2020 - Current
Bank Reconciliation Assistant
Sanlam Personal Finance
06.2019 - 05.2020
Contribution specialist (Umbrella and Stand Alone Funds)
Sanlam Employee Benefits
03.2015 - 05.2019
FETC - Wealth Management
CKP Development (Pty) Ltd
Accounting Technician (SA) - undefined
BL2000
Accounting Technician (SA) - undefined
BL2000
Matric - Grade 12
Vuyolwethu High School
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