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ITHALA DEVELOPMENT FINANCE CORPORATION
 
PAYMENT ADMINISTRATION OFFICER: C3 
ADMINISTRATION DEPARTMENT
ITHALA SOC LIMTED 
DURBAN HEAD OFFICE 
REFERENCE NUMBER: BN21075 
 
An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to assume the position of Payment Administration Officer. 
 
 
Reporting to the Head: Loans Administration, the ideal candidate will be required to: 
 Disbursement of funds for Mortgage Loan and Asset Finance. 
 Disbursement of Pension Backed Loans and Access Bonds. 
 Processing of refunds on loan settlements 
 Administration of loan accounts. 
 Check accuracy of invoices from third Party for commission payment. 
 Report on loans disbursed and outstanding commitments 
 Update and maintain instalment accuracy on the banking system 
 
The following entry requirements must be met in order to be considered for this position: 
 Post Matric qualification in Finance /Administration and or Accounting 
 A minimum of 5 (five) years’ experience in Finance or Housing. 
 Knowledge of housing and compliance legislation 
 High level of accuracy and attention to detail. 
 Computer literacy at intermediate level in Excel Microsoft word. 
 Knowledge of compliance legislation. 
 Proven ability to calculate, post and allocate costs accurately 
 Good Communication, negotiation, analytical and conceptual skill. 
 Ability to work as part the boarder team. 
 


ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT 
 
CLOSING DATE: 22 OCTOBER 2021 
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT BY E-MAIL TO HR_recruitment3@ithala.co.za.
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION. 
 
PLEASE NOTE: 
 LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED. 
 E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”. 
 CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL. 
 PERSONAL INFORMATION COLLECTED IS PROCESSED LAWFULLY INTERMS OF POPIA.