Finance Officer

Finance Officer (Grade 08)

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Job Description:

Job Duties

Processing Contractual Payments

• Calculates and processes deferred incentive payments within the parameters of the contract on file.
• Calculates and processes claims payments within the parameters of the contract on file.
• Calculates and processes Guaranteed Service Refunds (GSR) performance rebates within the parameters of the contract on file.
• Monitors assigned contracts to ensure payments are processed within the contractual payment terms.

Processing Incentive Rebates

• Identifies specific issue with weekly and deferred incentives.
• Works with internal and external customers to ensure incentive issue is resolved.
• Calculates and processes incentive rebates to remedy the impact of the identified incentive issue.
• Explains in detail the calculation methodology to the sales force so they can present to the customer.

Accruals/Reversals

• Calculates estimated future deferred incentive obligations based on current volume/revenue data Enters. accrual amounts in Incentive Administrator.
• Monitors and maintains timing of accrual reversals to coincide with payments.
• Explains significant variances in accruals and payments.

Job Specific Responsibilities

• Controls and assigns incoming incentive contracts.
• Creates various journals for the General Ledger.
• Manages vendor number requests.
• Calculates various special projects.
• Imports and balances TSOA accrual information.

Pre-requisites

• Bachelor’s Degree – Finance & Accounting (preferred).
• Eye for detail and should meet stiff deadlines.
• Have an excellent attendance track record.
• Self-Driven.
• Influence and Persuasion.
• Strong Customer Orientation, understanding customer services issues.

Additional Notes:

• Once the employee is selected for the position, he/she cannot cancel the job transfer.
• If the employee who has been selected has any pre-approved leaves for the later months, then it must be approved again by the new team Supervisor/Manage.

Employee Type:

Seasonal (Seasonal)

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