(766) Accounts Clerk: Banking Services - FSD at South African Reserve Bank

Detailed description

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

• Perform general administration tasks, including the preparation of payment instructions, data capturing and record keeping to ensure the efficient operation of the section.
• Engage in short-term planning and perform tasks against work plans as defined with the supervisor.
• Perform tasks independently within established practices, adhering to certain processes, rules and regulations to ensure compliance with standards, policies and guidelines.
• Monitor incoming and outgoing payments on Swift Alliance.
• Capture transactions (fund transfers and journals) on Flexcube Core Banking.
• Capture the daily estimate report for the Financial Markets Department (FMD).
• Handle queries raised by internal and external stakeholders and the CPD.
• Perform the reconciliations of various critical accounts. 
• Calculate the quarterly interest due to the Central Bank of Lesotho on its Special Rand Deposit Account.
• Engage with relevant stakeholders and clients, within the SARB and external parties, displaying a service-oriented approach and the ability to handle basic queries and clearly explain information.
• Proactively broaden own knowledge of the 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:

• a minimum of a Diploma (NQF 6) in Financial Accounting or an equivalent qualification; and
• a minimum of two years’ experience in a banking settlement environment.

The following would be an advantage: 

• a Bachelor’s degree or an Advanced Diploma (NQF 7) in Accounting, Banking Services or an equivalent qualification.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continuous learning and/or professional development;
• basic banking;
• basic accounting;
• financial reconciliation;
• conceptual thinking skills;
• effective communication skills;
• judgement and decision-making skills; 
• analytical and problem-solving skills;
• flexibility; 
• a drive for results;
• learning focus;
• ability to work in a team;
• service and stakeholder focus;
• impact and influence;
• resilience; and
• ability to manage complex issues.