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  • Posted: Aug 25, 2020
    Deadline: Sep 30, 2020
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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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    Chartered Accountant Training Programme

    Job no.: IRC30100

    Job title: Chartered Accountant Training Programme

    Location: Head Office, Pretoria

    Department: SARB Academy

    Organisation name: South African Reserve Bank

    Brief description

    • The SARB invites innovative and talented applicants to apply for its 2021 Chartered Accountant training programme.

    The role of the SARB

    • The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for regulating the South African financial sector, designing and distributing banknotes and coin, management of interest rates, setting the cash reserve requirement for banks, and ensuring stability of both the banking sector and the wider financial system.

    Detailed description

    The aim of the programme is to address the shortage of CAs in the SARB and in the country.

    Trainees are given an opportunity to acquire the prescribed competencies of the South African Institute of Chartered Accountants (SAICA), reinforce prior academic education, and develop business acumen, life skills as well as professional and ethical values.

    Format of the programme

    Trainees are placed on rotation in the various departments and subsidiaries of the Bank, thus obtaining practical experience and a good overview of the business of central banking.SAICA Elective Competencies include:

    • Management decision-making and control, and
    • Internal Audit, Risk Management and Governance.

    Duration of the programme: Three years.
    Requirements

    To be considered, candidates must:

    • have completed or be completing SAICA accredited:
    • Certificate in the Theory of Accounting(CTA);
    • Postgraduate Diploma in Accounting (PGDA) or an equivalent qualification;
    • have an academic performance record average of at least  60%; be a South African citizen;
    • have strong analytical skills and good communication skills; and be a curious and innovative individual.

    Additional Information

    • If you have any CA programme related questions, please send them to the following email address: [email protected]

    Method of Application

    Interested and qualified? Go to South African Reserve Bank on erpweb.resbank.co.za to apply

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