Finance Administrator: Banking at Private Security Regulatory Authority (PSiRA)

Requirements:

• Degree/National Diploma in Accounting, Cost and Management Accounting, Accounting Sciences, Auditing, Credit Management, Financial Management, Public Finance and Management equivalent NQF level 6 qualifications coupled with a minimum of 2-3 years in accounts or finance environment  Recognition of Prior Learning (RPL) and applicable knowledge and experience on the Job may be considered during the selection process.

Key Performance Areas:

• Cash Management: Undertake cash disbursements and receipts, ensure compliance with cash management policies, generate coupons/receipts for each transaction on bank account, Redeem coupons and allocate to vendor, Perform daily reconciliations and Clear suspense account on regular basis 
• Accounts Payable Processing: ensure PSiRA’S obligations to suppliers and vendors, verify invoice accuracy and obtain necessary approvals, reconcile supplier statements and process payments, maintain vendor relationships, ensure timely payment while maximizing discounts and adherence to policies 
• Reconciliations: undertake reconciliations on account and compare internal financial records with external sources, reconcile bank statements and inventory records, identify and rectify discrepancies, insure accuracy of financial data. maintain integrity of financial reporting 
• Query Management: handle and resolve inquiries or concerns promptly, investigate root causes of issues, provide accurate information or explanations, ensure timely resolution to maintain stakeholder satisfaction, collaborate with other departments or external parties as needed 
•  Records Management: ensure accurate record management of all financial documents, ensure that records are retained for the required duration, establish access controls to restrict unauthorised access to sensitive information, ensure provision of regular reports as required, ensure the security and confidentiality of financial documents and records, ensure compliance with relevant regulatory requirements and reporting obligations related to document and record management.