Manager: Pensions Administration (Operations)

About the position

To manage the Operations function within the Pensions Administration Section of the company to ensure efficient functioning of operations.
JOB DESCRIPTION

• Ensure the continuous improvement of the delivery and functioning of the Operations function within the Pensions Administration Section , while staying within budget.
• Develop operational plans for the Operations function.
• Develop policies, procedures, processes, internal controls and system requirements for approval and ensure alignment thereto.
• Identify and mitigate risks related to the Operations function and ensure compliance with relevant governance frameworks.
• Manage the performance of staff and promote as well as support career management and development.
• Participate in various task teams and working groups on behalf of the company Retirement Fund and as the Administrator of the Retirement Fund.
• Perform the final authorisation of payments, accounting transactions and data captured by team members, ensuring accuracy, completeness and timely delivery.
• Perform the final authorisation of pension administration operations processes as well as related submissions as per legislative requirements to ensure accuracy, completeness and timely delivery.
• Provide integrated management information reports to support decision-making.
• Lead and participate in engagements with relevant stakeholders and clients within the company Retirement Fund and departments, as well as external parties.

JOB REQUIREMENTS

• An Honours’ degree in Financial Management (NQF 8) or an equivalent qualification in a related field;
• Eight to 10 years’ experience in pension fund administration; and
• Three to five years’ experience in leading teams.

 Additional requirements are as follows:

• knowledge and skill in continuous improvement;
• continuous learning and/or professional development;
• retirement fund legislation and governance, risk and compliance;
• financial accounting;
• financial reconciliation;
• function-specific performance management;
• function-specific information systems;
• business continuity planning;
• relevant legislation;
• corporate governance;

Desired Skills:

• leading change
• quality assurance
• financial accounting