Brief Description of this Job

Nexia SAB&T requires a suitably qualified individual who will assist in the holistic and full administration process relating to insolvent and deceased estate matters in terms of relevant legislations and specifically to the Administration of Estates Act and Insolvency Act. This role would have involvement in all aspects of the estate administration process from start to finish.

DUTIES

Fulfilling the duties involved in deceased and insolvent estate administration which include, but are not limited to:

• Reporting of the estate to the Masters office as well as other stakeholders
• Placement of advertisements
• Obtaining the written confirmation of all assets and liabilities in the estate to enable the administrator to draft the liquidation and distribution account
• Holding of First and Second Meeting with Creditors
• Compliance with all stakeholders’ requirements to ensure timeous receipt of information
• Ensuring that various stakeholders are in receipt of the liquidation and distribution account
• Following up and collecting proceeds payable to the estate
• Completion of relevant documents for the transferring and or liquidation of assets
• Obtaining relevant tax certificates to ensure the finalization of the income tax assessment
• Preparing the file for finalization
• Constant liaison with the Masters Offices and creditors where necessary
• Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems

Essential Qualifications –

• Matric / Grade 12 / National Senior Certificate
• Certificate in Deceased Estate Administration as well as Insolvent Estates

Minimum Experience Level

• 5 + years in legal /estates/fiduciary environment
• Knowledge and technical know-how relating to all aspects of estates administration
• Previous experience working.

Technical / Professional Knowledge

Computer literate and technologically savvy in, which include but are not limited to:

• Microsoft Office
• Administrative procedures and systems – Relevant regulatory knowledge
• Relevant software and systems knowledge – Business Principles
• Business terms and definitions
• Governance, Risk, and Controls
• Insolvency Act of 1936
• Administration of Estates Act of 1970

Behavioural Competencies

• Customer Focus
• Work Standards
• Teamwork
• Collaborating
• Communication
• Managing Work