Commissions Analyst, 6 month FTC, Financial services, CBD

Job details

Location: NSW - Sydney
Reference: Ad-47309
Posted: about 1 year ago

Job description

About the Company:

ASX listed retail financial services company with national operations with accessible, downtown Sydney offices boasting 360 degree views of Sydney Harbour.

About the Role:

Six month fixed term contract Commission analyst role in which the core responsibilities include performing the reconciliations and calculations to enable timely and accurate payments to Brokers and Franchises for Commissions. The Commissions Analyst manages the data set, identifies and resolves errors, collaboratively works with the team members on attaining outcomes and manages orphan calculations.

  • Receive all lender files and back channel messages
  • Perform the reconciliation of all commissions received and paid
  • Calculate the commissions payable on loans by applying channel and tier rates
  • Identify applicable business rules to validate systems outputs on commissionable dataset
  • Work closely with technology teams to resolve systems errors and issues
  • Reconcile data and perform matching to clear error and escalate issues
  • Work closely with the Commissions Officer on error log resolution
  • Provide support to the Team Leader with involvement in Projects and ad-hoc deliverables
  • Perform calculations for commissions payable by validating business rules and applicable tiers
  • Prepare the payment summary files and reconciliations to enable pay out
  • Perform Reconciliation of settlement data and verification of 3 way reconciliation process
  • UAT for new processes and business rules being applied
  • Working closely with stakeholders with a value add perspective
  • Develop and maintain reporting on commission payment data, create reporting and manage settlement data from lenders

About You:

  • Tertiary qualification such a degree in accounting and finance
  • Accounts transactional processing in AP, AR or Commissions
  • Commercial understanding of commissions process
  • Strong understanding of MS Excel including use of pivot tables and v lookups (essential) 

To apply please click APPLY NOWJN-171944

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