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  • Posted: Sep 3, 2024
    Deadline: Not specified
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    The FSCA's mandate is to enhance the efficiency and integrity of financial markets; promote fair customer treatment by financial institutions; provide financial education and promote financial literacy; and assist in maintaining financial stability in South Africa. This is in line with the Twin Peaks model of financial sector regulations, as envisioned in...
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    Income Accountant - Financial Sector Conduct Authority

    Key Performance Areas:

    • To Reconcile the levy accounts of the Ombuds Council, Tribunal, FAIS Ombuds and PFA.
    • To liaise with the office of the above four entities and provide them with the amount the FSCA has invoiced on their behalf.
    • To reconcile the accounts of the four entities on monthly basis and process payments on monthly/quarterly basis.
    • Responsible for managing the WIP payments of 2606/999 by signing off for the money for fees and levies and reconciling the account on monthly basis.
    • To review credit notes, debit notes, fees usage invoices, refunds, journals and penalties of all the income section.
    • To do Month end closure.
    • Review the monthly write off batches compiled by Senior Credit Controllers.
    • Review monthly interest run on all outstanding levies.
    • Assisting with notes for financial statements.
    • Attending to Internal and External Auditors.
    • Review of levies calculations of all the industries i.e. FAIS, Insurance, Pension etc.

    Other Key Competencies:

    • The candidate must demonstrate the following skills and attributes: A judgement skill and have a confident and decisive approach, good communication (verbal and written) and interpersonal skills, problem analysis, analytical skills, and customer relations skills. Commitment to meet deadlines. Supervisory skills, extensive credit control and bookkeeping up to trial balance are essential. Computer literacy. 
    • The candidate will be subjected to competency assessment and integrity checks before an appointment is made.  

    Requirements

    • A Matric Certificate plus B Com or B Compt with at least 5 years relevant experience in the financial services sector. Experience in a Finance division will be an advantage.

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    Trainining Facilitator : Micro and Access Product Institutions Department

    Key Performance Areas:

    • Train and provide ongoing support to licensed FSPs on obligations imposed on them by relevant legislation administered by the FSCA;
    • Conduct nationwide awareness workshops to licensed FSPs on the role of the FSCA and the regulatory environment;
    • Develop appropriate and easy to use training material;
    • Collaborate with stakeholders to ensure that learning objectives are met;
    • Update the training manuals with new content as and when new content is available to meet the objectives of the organisation;
    • Attend to all queries relating to workshops and compliance support issues from FSPs;
    • Conduct research on issues that are deemed to be a barrier to entry in the financial sector for SMEs;
    • Attend meetings with different stakeholders to monitor and measure trends for transformation in the sector;
    • Conduct research on market trends and challenges facing SMEs in order to strategise on resolving the identified challenges;
    • Perform administrative and other training activities delegated by the Manager and Departmental Head.

    Other Key Competencies:

    • The candidate must demonstrate the following skills and attributes: Good communication (verbal and written), presentation, training, research, administration, good interpersonal skills and emotional intelligence, customer relations and persuasiveness, and problem analysis skills. The candidate must be computer literate and be advanced in MS office products (MS Word, MS Excel, MS Outlook/E-mail). Further, the candidate must demonstrate the ability to take initiative, and to interact effectively with senior staff/ industry partners and stakeholders, ability to work effectively under pressure whilst upholding an emphasis on quality.

    Requirements

    • A relevant National Diploma (NQF6) with at least 2 years training, learning and development experience. An understanding of the Financial Sector Regulation Act No 9 of 2017 and other relevant legislation administered by the Financial Sector Conduct Authority (FSCA). Registration as a training facilitator with a Sector Education and Training Authority (SETA) in the financial services sector or equivalent, is an added advantage.

    Method of Application

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