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  • Posted: Mar 18, 2024
    Deadline: Not specified
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    The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    (302) Accounts Clerk – Planning FSD

    Brief description

    • The main purpose of this position is to assist the Senior Finance Business Partners in the Financial Services Department at the South African Reserve Bank (SARB) in delivering financial insights, knowledge and expertise to other departments of the SARB in order to ensure commercially sound decision making.

    Detailed description

    The successful candidate will be responsible for the following key performance areas:

    • Engage in short-term planning and perform tasks against work plans as defined in conjunction with the supervisor.
    • Perform work independently within established practices as well as given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines.
    • Identify, evaluate and solve defined, routine and new problems within a familiar context.
    • Perform general budgeting duties, including the compilation and consolidation of the annual SARB budget as well as tracking and reporting the SARB’s performance against the approved budget. 
    • Assist with financial modelling and insights to help streamline the current budgeting process. 
    • Perform general accounting duties and reconciliation in accordance with accounting and SARB polices, relevant accounting and banking standards, and Acts.
    • Prepare and provide information related to transactions with a defined context to relevant stakeholders. 
    • Engage with relevant stakeholders/clients within the SARB, displaying service orientation in own work and the ability to handle basic queries and explain information fluently.
    • Proactively broaden knowledge of own functional area, displaying a willingness to make improvements in own work (including work methods and practices).
    • Evaluate own performance against given criteria, and identify and address task-specific learning needs.

    QUALIFICATIONS

    To be considered for this position, candidates must be in possession of:

    • the minimum of a Bachelor’s degree/Advanced Diploma in Accounting (NQF 7) or an equivalent qualification; and
    • the minimum of two years of experience in a financial services environment.

    The following would be an added advantage:

    • being a newly qualified Chartered Accountant.

    Additional requirements include:

    Knowledge of and skill in:

    • industry, organisational and business awareness;
    • quality assurance;
    • continuous improvement;
    • continued learning and/or professional development; 
    • financial modelling;
    • financial reconciliation; and
    • budgeting;
    • conceptual thinking;
    • effective communication;
    • flexibility; 
    • a drive for results;
    • a learning focus;
    • the ability to work in a team;
    • a service and stakeholder focus;
    • the ability to build and maintain relationships;
    • judgement and decision making;
    • impact and influence;
    • analytical skills and problem solving;
    • resilience; and
    • the ability to manage complex issues.

    Method of Application

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