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  • Posted: Oct 21, 2025
    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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    Inventory Financial Administrator - CSD

    Brief description

    • The main purpose of this position is to financial administration support to the Inventory section within the South African Reserve Bank (SARB).

    Detailed description

    • The successful candidate will be responsible for, among other tasks, the following key performance areas:
    • Engage in short term planning and perform tasks against work plans as defined in conjunction with team leader.
    • Assist with financial/budgetary challenges, diagnose problems, choose and/or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context.
    • Coordinate, compile and manage Hospitality Services budget.
    • Administer the approved budget in terms of controlling expenditure and report variances to Management support.
    • Monitor orders to ensure that expenditure is within the approved budget and in accordance with the Bank’s procurement procedures.
    • Perform general accounting duties and reconciliations in accordance with accounting and SARB policies, relevant accounting standards and acts.
    • Complete monthly profit and loss statement.
    • Perform general administration, including preparation of payment instructions, data capturing and record keeping ensuring the smooth running of the inventory management.
    • Keep abreast with information relating to factors that affect food inflation.
    • Follow up on payment of suppliers/vendors according to the Bank’s processes.
    • Collate and provide relevant management information for decision-making purposes to ensure complete and relevant information for Hospitality Services.
    • Ensure compliance with procurement policy, budget guidelines and other relevant policies.
    • Engage with stakeholders (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.

    Qualifications

    Job requirements

    To be considered for this position, candidates must have:

    • A National Diploma (NQF 6) in Financial accounting OR equivalent ; and
    • Three to fFve years’ experience in budget and financial support.

    Additional requirements include:

    • Resilience
    • Service and stakeholder focus
    • Planning and organising
    • Learning focus
    • Drive for results
    • Problem solving and analysis
    • Verbal and written communication
    • Judgement and decision making

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