Sales Commissions Administrator – 1Life (Gauteng)
Reference Number: OLI-1806
Location: Gauteng
Job Type: Permanent
Salary: Market Related
Work Level: Skilled
Job Purpose
The Sales Commissions Administrator will ensure accurate and efficient support services are provided to the 1Life direct sales and third-party distribution sales commission departments. This role involves processing, administering, and calculating all sales commissions, as well as payroll administration and compliance monitoring.
Key Responsibilities
Commission & Payroll Administration
- Process and calculate sales commissions for direct and third-party sales channels.
- Track, validate, and reconcile commissions and incentives.
- Manage internal and external partner commission statements.
- Handle payroll data input and prepare reports for bank submission.
- Submit payments for approval and ensure accurate payroll processing.
Operational Compliance & Reporting
- Monitor compliance with company policies, regulatory codes, and industry best practices.
- Generate and analyze commission reports and financial reconciliations.
- Maintain accurate records for commission structures, payouts, and deductions.
- Identify and report any non-compliance or process breakdowns.
Document & Data Management
- Ensure proper documentation and data accuracy in commission processing.
- Track commission logs, approvals, and supporting documents.
- Maintain an efficient document management system for auditing and compliance.
Personal Development & Continuous Improvement
- Stay updated on financial regulations, industry trends, and payroll/commission systems.
- Participate in training programs and share knowledge with the team.
- Look for process improvements to enhance commission accuracy and efficiency.
Skills & Competencies
Technical Skills
- Expert Excel knowledge (Advanced formulas, pivot tables, macros).
- Strong financial analysis skills (reconciliations, calculations, variance tracking).
- Experience with commission and payroll systems (SAP, Sage, or similar).
- Understanding of financial regulations & compliance (FAIS, FSCA requirements).
Soft Skills
- Attention to detail – Ensure commission calculations are error-free.
- Problem-solving – Handle discrepancies and resolve commission-related issues.
- Communication – Clearly explain commission structures and address queries.
- Multitasking – Handle multiple commission reports and payroll tasks simultaneously.
- Time management – Meet strict deadlines for commission processing.
- Collaboration – Work with finance, HR, and sales teams effectively.
Qualifications & Experience
Education
- Grade 12 / SAQA Accredited Equivalent (Essential)
- Financial or Business Diploma (Essential)
Experience
- 2-4 years’ experience in commission administration (Essential)
- Experience in the Financial Services Industry (Essential)
- Knowledge of FSCA competency requirements, including FAIS qualifications, Regulatory Exams, and CPD (advantageous).
Additional Information
- Employment Equity Position: No
- Regulatory Requirements: Candidates must provide certified proof of qualifications meeting the required NQF level.
This role is ideal for someone with strong financial and administrative experience in commission processing, excellent Excel skills, and a keen eye for accuracy and compliance in a fast-paced financial services environment.
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