Junior Specialist Estate Administrator - Pretoria at Absa Group Limited (Absa)

Job Summary

• To administer deceased estates ranking from normal to more complex estates which might involve Capital Gain Tax and Estate Duty.

Job Description

• Report the deceased estate to the Master of the High Court to obtain Letters of Executorship.
• On receipt of the Letters of Executorship, report the deceased estate to all relevant stakeholders to obtain certificates of balance, valuations of shares, deeds search, outstanding tax returns, membership of interest in close corporation etc.
• Draft the liquidation and distribution account to reveal the true reflection of all the assets and liabilities as at date of death and submit any outstanding tax returns to SARS.
• Lodge the Liquidation and Distribution account with the Master of the High Court for approval.
• Attend to the finalisation of the estate as per the Estate Administration Act and Company specific norms.
• Achieve targets as set out by management at the beginning of the year or as updated during the course of a period.
• Keep clients updated on progress made with the administration of the estate on a monthly basis (telephonically, written correspondence, etc) in a professional manner and ensure that a high standard of customer service is maintained.
• Build and maintain relationships with various stakeholders (i.e. valuators, auctioneers, attorneys, Master of the High Court, South African Revenue Service).
• Be knowledgeable on the Estate Administration Act, in order to comply with all the legal aspects in deceased estates.

Education

• Higher Diplomas: Business, Commerce and Management Studies (Required)