Officer: Finance Support X1 (Fixed-Term Contract) at Road Accident Fund (RAF) – East London, Eastern Cape

Apply for the Officer: Finance Support X1 (Fixed-Term Contract) position at the Road Accident Fund (RAF) in East London, Eastern Cape. Candidates with a Bachelor’s Degree or Advanced Diploma in Commerce, Financial Accounting, Accounting, or a related qualification, along with 3 years of financial experience, are encouraged to apply.

Officer: Finance Support X1 (Fixed-Term Contract) Vacancy Overview

Employer: (RAF)
Position: Officer: Finance Support X1
Reference Number: 6927
Division: Finance
Location:
Province: Eastern Cape
Employment Type: Fixed-Term Contract (4 Months)
Task Grade: 10
Annual Salary: R434,656
Closing Date: 24 June 2026

About the Road Accident Fund (RAF)

The Road Accident Fund (RAF) is a South African public entity established to provide compulsory social insurance cover to all road users within South Africa. RAF compensates individuals who suffer injuries or loss due to motor vehicle accidents and supports victims through efficient claims management and financial administration.

The organisation regularly recruits skilled professionals to support its operations, ensuring effective service delivery and responsible management of public funds.

Job Purpose

The Officer: Finance Support is responsible for providing regional financial support through the administration and processing of claims payments. The role ensures that all claims payments are valid, accurate, complete, and processed within established turnaround times while maintaining strict compliance with financial controls, accounting principles, and RAF policies.

The successful candidate will play a key role in preventing duplicate payments, resolving stakeholder queries, supporting financial reporting, and maintaining effective internal controls.

Key Duties and Responsibilities

Claims Payment Administration

Verify and approve claims payments according to delegated authority limits.
Confirm the accuracy, validity, completeness, and existence of payment transactions.
Review supporting documentation before authorising payments.
Verify payee information and banking details.
Prevent duplicate payments through financial control measures.
Ensure compliance with RAF payment procedures.
Resolve payment-related queries efficiently.
Maintain strong relationships with claimants, attorneys, firms, and colleagues.
Monitor payment turnaround times and service standards.

Financial Management

Implement financial management principles during claims payment processing.
Ensure adherence to RAF policies, procedures, and regulatory requirements.
Assess supporting payment documents for validity and completeness.
Strengthen internal financial controls.
Verify batch reports and payment records.
Support continuous improvement initiatives within the claims payment process.
Minimise the risk of fruitless and wasteful expenditure.

Reporting and Record Management

Assist with preparing and submitting operational reports.
Contribute to performance and management reporting systems.
Maintain accurate financial records and report archives.
Ensure proper storage and accessibility of financial information.

Monitoring and Compliance

Monitor the effectiveness of claims payment functions.
Report non-compliance with RAF financial procedures.
Track incidents related to claims payments.
Ensure prompt resolution of financial queries.
Support governance and compliance objectives.

Administrative Support

Perform administrative duties associated with the finance department.
Assist in the induction and training of new employees.
Maintain compliance with organisational policies.
Identify personal development and training opportunities.

Stakeholder Relationship Management

Respond to information requests from internal and external stakeholders.
Support relationships with vendors and service providers.
Ensure timely processing and payment of invoices.
Facilitate effective communication between stakeholders and finance teams.

Minimum Requirements

Educational Qualifications

Applicants must possess:

Bachelor’s Degree in Commerce, Financial Accounting, Accounting, or
Advanced Diploma in Commerce, Financial Accounting, Accounting, or a related field.

Experience

Minimum of three (3) years’ relevant experience in a financial environment.

Required Technical Competencies

Candidates should demonstrate knowledge and experience in:

SAP systems
Financial software packages
Microsoft Office Suite
Cash and bank management processes
Public Finance Management Act (PFMA)
Accounting principles and practices
Public sector finance administration
Financial reporting and reconciliation processes
Internal controls and risk management

Essential Behavioural Competencies

The ideal candidate should possess:

Planning, Organising and Coordinating skills
Personal Mastery
Sound Judgement and Decision Making
High Ethical Standards and Values
Client Service Orientation
Attention to Detail
Accountability and Integrity
Strong Communication Skills
Problem-Solving Ability
Teamwork and Collaboration

Why Consider This Opportunity?

This RAF Finance Support position offers an excellent opportunity for finance professionals seeking experience within South Africa’s public sector environment. Employees gain exposure to:

Public sector financial management
Claims payment administration
SAP financial systems
Compliance and governance frameworks
Stakeholder engagement
Financial reporting and internal controls

The role is particularly suitable for accounting and finance graduates looking to expand their experience within a nationally recognised public institution.

Employment Equity

RAF subscribes to Employment Equity principles and encourages applications from suitably qualified candidates. Preference may be given to Persons with Disabilities in line with organisational employment equity objectives.

Important Information for Applicants

Security vetting will be conducted on successful candidates.
Foreign qualifications must be evaluated by the South African Qualifications Authority (SAQA).
Applicants who do not receive feedback within six weeks after the closing date should consider their applications unsuccessful.

How to Apply

Interested candidates should submit their applications through the official RAF Careers Portal before the closing date.

Official Application Portal:

Apply Here

Officer: Finance Support X1 (Fixed-Term Contract) – Road Accident Fund