Internship: Finance X1

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Internship: The Road Accident Fund is committed to youth skills development, providing graduates with an opportunity to gain work-based experience. Applications are invited for the Finance Internship from unemployed graduates between the age of 18 and 25. The Internship program will run for a period of eighteen (18) months. Verification process will be undertaken to verify whether you have previous work anywhere within the Republic of South Africa.

Work based exposure may include any of the following

Claims Payment Management

• Verify and approve payments in line with the Delegation of Authority (DOA)
• Confirm the accuracy, validity, completeness, and existence of payments through inspection of supporting documentation
• Verify payee details against trigger and supporting documents
• Validate banking details and payment amounts
• Prevent duplicate payments by reviewing financial enquiry reports and supporting documents
• Attend to and resolve payment-related queries timeously
• Maintain positive working relationships with claimants, attorneys, service providers, and colleagues

Financial Management

• Ensure accurate, valid, and complete processing of claims payments
• Interrogate payment documentation for accuracy and compliance
• Verify the completeness and accuracy of batch reports

Stakeholder Relations

• Respond to internal and external stakeholder inquiries
• Assist with information requests from service providers and clients
• Ensure invoices are processed and paid timeously

Monitoring and Evaluation

• Support effective service delivery in the claims payment function
• Report instances of non-compliance
• Ensure queries are resolved within prescribed turnaround times

Reporting

• Assist with the preparation and submission of operational and financial reports

Qualifications and other Requirements

• Certified copy of Grade 12 / NQF level 4 certificate
• Certified copy of Bachelor’s Degree/ Advanced Diploma in Commerce/Financial

        Accounting/Accounting related qualification

• Certified copy of your ID

• Certified copy of Academic transcript
• Your CV and motivational letter

Technical and behavioral competencies required

The successful candidate will be required to display the following competencies in this role:

• Written and verbal communication skills
• Interpersonal skills
• Detail orientation
• Desire and potential to learn
• Self-motivated
• Basic computer skills
• Prioritize tasks as needed

Remuneration

The interns will be awarded a monthly stipend.

No hand delivered applications will be accepted.

INSTRUCTION TO PROSPECTIVE APPLICANTS

1. Submit a short CV and a motivational letter as to why your application should be considered with a maximum of 3 pages, applications with no academic transcript will not be considered
2. Applicants are restricted to apply for a maximum of 3 positions only
3. Applicants must be unemployed, were never employed in the field of the post and never participated in an internship programme in the relevant field of the post previously
4. Should it be found that the applicant previously served as an intern and did not disclose that info and it is discovered later, the applicant will be disqualified.
5. Please note that the prospective employees will be subjected to security vetting
6. We encourage applicants to apply in their respective regions where they are based

Only the first 100 applications will be considered

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.