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Permanent - Team Leader: Pensioners Payroll - Johannesburg - South Africa

Job Number: 80730


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Job Listing
80730
Permanent
Team Leader: Pensioners Payroll
MS Office Suite (Word and Excel)
Fund Administrator
Johannesburg
Gauteng
  • Team Leader: Pensioners Payroll lead and manage a team of Pension Payroll Administrators to ensure the accurate, compliant and timely administration of monthly pension payrolls and pension-related payments for all company-administered retirement funds.
  • Responsible for coordinating and administering pensioner payroll activities to ensure the accurate, compliant and timely processing of monthly pension payrolls and related benefits across all company-administered retirement funds.
  • The incumbent will serve as a subject matter expert for pension payroll administration, ensuring adherence to fund rules, legislative requirements, operational procedures and service level standards.

Pensioners Payroll Administration

  • Process and coordinate monthly pension payroll activities.
  • Ensure the accurate and timely payment of pension benefits.
  • Review pension payroll transactions for accuracy and completeness prior to submission for approval.
  • Process pension increases, benefit adjustments, reinstatements, suspensions and terminations
  • Perform payroll validations and reconciliations.
  • Ensure compliance with SARS payroll requirements and applicable legislation.
  • Assist with pension payroll year-end activities

Quality Assurance and Compliance

  • Perform quality checks on pension payroll outputs and supporting documentation.
  • Identify and resolve payroll discrepancies and exceptions.
  • Ensure compliance with the Pension Funds Act, Income Tax Act, fund rules and internal policies.
  • Support internal and external audit processes.
  • Maintain accurate records and audit trails.

Operational Support and Coordination

  • Provide technical guidance and support to Pension Payroll Administrators.
  • Monitor workflow and assist in allocating and prioritising work within the team where required.
  • Act as a point of escalation for complex pension payroll queries.
  • Support the Payroll Manager in implementing process improvements and operational efficiencies.

Reporting and Stakeholder Management

  • Prepare pension payroll, reconciliation and exception reports.
  • Liaise with pensioners, beneficiaries, trustees, SARS, financial institutions and internal stakeholders.
  • Investigate and resolve pension payroll-related enquiries within agreed service levels.

To apply immediately for this position click here.

Minimum Requirements

  • Diploma or Degree in Finance, Accounting, Business Administration, Pension Fund Administration or a related field.
  • RE5 qualification advantageous
  • Minimum of 5 - 7 years’ Retirement Funds Administration experience or pension payroll administration.
  • Minimum 3 years` experience in a supervisory or team leadership role.
  • Extensive experience in pension payroll processing.
  • Strong knowledge of the Pension Funds Act and retirement fund legislation
  • Everest system knowledge advantageous
  • Proficiency in MS Office Suite (Word and Excel)

 

Knowledge & Skills: Key

  • Strong analytical and problem-solving ability
  • Excellent planning, organisational, and administrative skills
  • Strong attention to detail and accuracy
  • Ability to manage high-volume and time-sensitive work
  • Excellent verbal and written communication skills
  • Ability to work independently and within a team environment
  • Commitment to compliance with legislative and operational requirements
  • Pension Payroll Administration.
  • SARS payroll requirements.
Finance, Accounting, Business Administration, Pension Fund Administration
Bachelors
Available

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