Absa Africa Estate Administrator Jobs in South Africa

Absa Africa Estate Administrator Jobs in South Africa


  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

    Job Summary

  • To administer deceased estates ranking from normal to more complex estates which might involve Capital Gain Tax and Estate Duty

    Key Responsibilities

  • Receive completed deceased estate reporting documents from the Fiduciary Consultants and Lean system and make telephonic contact with the client

  • Manual intake of estates

  • Report the deceased estate to relevant stakeholders via written correspondence, newspaper and Government Gazette

  • Advertise (e.g. advertise in the local newspaper and Government Gazette) and for any debtors or creditors (section 29 notification) in respect of the estate late

  • Receive relevant information as requested by the various stakeholders and start redeeming and transferring assets

  • Draft the liquidation and distribution account to reveal the true reflection of the assets and liabilities as at date of death and submit outstanding tax returns

  • Advertise (for twenty one (21) days) the Liquidation and Distribution account (section 5 notification) in the local newspaper / Government Gazette and with the Magistrate in the district were the deceased resided twelve (12) months prior

  • Instruct the Absa panel attorneys on the expiry date of the advertisement.

  • Obtain final tax assessment from SARS and finalise the deceased estate.

  • Achieve set target as set out by management at the beginning of the year

  • Ensure that post (incoming mail, fax and correspondence) and filing is up to date as per the company norms.

  • Keep clients updated on progress of the estate.

  • Maintain a high standard of service during the administration process without supervision.

  • Build and maintain a relationship with various stakeholders (i.e. valuators, auctioneers, attorneys, Master of the High Court, South
    African Revenue Service).

  • Ensure that queries do not turn into complaints by addressing these within a period of twenty four hours.

  • Adhere to ABSA compliance requirements and industry related legislations.

  • Adhere to business processes and controls practice; non-adherence may lead to disciplinary actions.

  • Complete compulsory compliance and legislation training within the required time-frames as prescribed by Absa Risk.

  • Adhere to risk and compliance policies in terms of Environmental Health and Safety, Information Security, Records Management and Money Laundering, Sanctions.

  • Be knowledgeable on the Estate Administration Act.

    Competencies

  • Working with people.

  • Planning and organising.

  • Delivering results and meeting customer expectations.

  • Following instructions and procedures.

  • Adapting and responding to change.

  • Coping with pressure and setbacks.

    Minimum Requirements

  • National Diploma in Estate and Trust or Deceased Estate Administration Course via Law Society of SA or equivalent NQF level 5 qualification or higher.

  • Two (2) years experience within deceased estate administration environment.

  • Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet.

  • No criminal record.

    Preferred Requirements

  • Relevant B Legal degree (LLB) or Advanced Estate and Trust Diploma or equivalent NQF level 6 qualification.

  • Five (5) years experience in deceased estate administration environment.

  • Preference will be given to South African Citizens and Permanent residents of South Africa in possession of proof of permanent resident status.

    How to Apply

  • For more information and job application details, see; Absa Africa Estate Administrator Jobs in South Africa


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