Financial Consultant: Client & Provider Reconciliations

Date: 3 Jun 2025

Location:

Tygervalley, Western Cape, ZA

Company: Sanlam Group

Who are we?

Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients’ investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries and pride ourselves on our superior products and solutions and high quality service. We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth. Our offering encompasses local investments, including fixed term investments and investments with guarantees, international investments, retirement saving solutions, and retirement income solutions. While each solution has its own distinct purpose, they all share the world-class quality and commitment that have come to distinguish Glacier.

What will you do?

The Financial Consultant will be responsible for reconciliations between instructions executed by Glacier and respective management companies and bank account reconciliations, reporting and investigation of control accounts.

Key outcomes

The following outcomes will be expected to be achieved by the Financial Consultant
 Reconciliation of client instructions and execution thereof by Management Companies
- Reconciliation on automated reconciliation system
- SAP reconciliation of provider payment control account and bank account

 Reconciliation of bank accounts: (RSA)
- SAP 4/Hana reconciliation of plans issued and bank account

 Following up and effecting un-reconciled transactions
- Communication (mail / telephonic) with Bank / Financial Institutions / Client Services with regards to unreconciled posts.
- Sap 4/Hana reconciliation of queries after investigation.

 Resolution of un-reconciled transactions
- Liaise with Management Companies regarding Rand and unit discrepancies
- Ensure resolution of un-reconciled transactions on automated system and un-reconciled transactions on SAP
- Management of control accounts on SAP

 Reporting
- Internal reporting within Finance regarding reconciliations and control accounts

 Bank Reconciliations and control accounts
 Ad-hoc tasks
 Daily reporting - controls

What will make you successful in this role?

Qualifications and experience
 Financial qualification essential
 A minimum of 5 years’ experience within Linked Investment Services in a similar role advantageous
 MS excel Intermediate Level and SAP experience essential
 Knowledge of Financial Reconciliation processes

Competencies

 Knowledge of financial reconciliation process
 Attention to detail
 Problem-solving
 Concern for order and accuracy
 Client Service
 Innovative Thinking
 Performance driven
 Ability to function independently
 Communication

Attributes
 Positive, enthusiastic attitude
 Teamwork
 Ability to work independently
 Ability to work under pressure
 Honesty, integrity and respect

Qualification and Experience

Degree or Diploma with 5 years related experience.

Knowledge and Skills

Recording of financial Transactions

Reconciliations and query resolution

Compliance with SOP's and SLA's

Authorisation of transactions within mandates

Personal Attributes

Manages conflict - Contributing independently

Demonstrates self-awareness - Contributing independently

Optimises work processes - Contributing independently

Action orientated - Contributing independently

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

Cultivates innovation - Contributing independently

Customer focus - Contributing independently

Drives results - Contributing independently

Collaborates - Contributing independently

Being resilient - Contributing independently

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.