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  • Posted: Jan 19, 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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    Financial Administrator - CMD

    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 with the team leader.
    • Assist with financial/budgetary challenges, diagnose problems and choose and/or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context.
    • Coordinate and compile the annual departmental budget.
    • Administer the approved budget in terms of controlling expenditure and reporting on variances. 
    • Monitor and verify orders to ensure that expenditure is within the approved budget and in accordance with the SARB’s procurement procedures.
    • Perform general accounting duties and reconciliations in accordance with accounting and SARB policies, relevant accounting standards and applicable legislation.
    • Perform general administration tasks, including the preparation of payment instructions, data capturing and record-keeping to ensure the smooth running of the department’s operations.
    • Effect the payment of suppliers/vendors according to the SARB processes.
    • Collate and provide relevant management information for decision-making purposes to ensure complete and relevant information for the department.
    • Ensure compliance with the procurement policy, budget guidelines and other relevant SARB policies.
    • Engage with stakeholders (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.
    • Perform general administrative tasks in support of the programmes, strategy, business continuity management (BCM) and overall operations of CMD, which include records management, correspondence, governance, risk and compliance and procurement-related matters.
    • Perform general administrative tasks in support of CMD’s financial administration and ensure the timely submission of accurate payment information.
    • Support the team leader in his/her role as a sub-records manager as well as a training, facilities, information technology (IT) and fixed assets representative, and in effectively managing the requirements and resources of CMD.

    QUALIFICATIONS

    •  To be considered for this position, candidates must be in possession of:
    • a National Diploma (NQF 6) in Financial Accounting or an equivalent qualification; and
    • at least two to five years’ job-related experience in a budget and financial support environment.

    Additional requirements include:

    • resilience;
    • service and stakeholder focus;
    • planning and organising skills;
    • learning focus;
    • drive for results;
    • problem-solving and analytical skills;
    • verbal and written communication skills; and
    • judgement and decision-making skills

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