SFO: Card Issuing at Nedbank

Job Purpose

• To generate; analyse and report reliable; meaningful financial and non-financial information to support the requirements and decision making of the business; in line with Nedbank's strategy.

Job Responsibilities

Card Issuing & Association Accounting

• Manage finance activities for card issuing, focusing on Visa and other card schemes (Mastercard, Amex, Bankserv)
• Process and monitor interchange and scheme-related costs and revenues
• Reconcile card scheme invoices to ensure accuracy and completeness
• Perform monthly journals, reconciliations, and GL processing
• Support the monthly financial close for the card business

Card Product Financial Support

• Analyse financial performance of credit, debit, and cheque card products
• Provide insights on revenue, cost drivers, and profitability
• Ensure accurate and relevant card-related financial reporting

Reporting & Analysis 

• Prepare and deliver monthly financial reports and variance analysis
• Provide clear financial insights and commentary to stakeholders

Stakeholder Engagement

• Partner with internal teams to support card finance activities and decision-making
• Resolve financial queries and ensure accuracy of reported information

Continuous Improvement & Governance

• Identify opportunities to improve processes, controls, and reporting
• Ensure compliance with financial policies, controls, and regulatory requirements

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce: Honours - Accounting

Minimum Experience Level

• 3–5 years’ experience in financial accounting or finance roles
• Experience in reconciliations, financial reporting, and journal processing
• Exposure to card issuing, payments, or card schemes (Visa, Mastercard, etc.) 
• Advanced Microsoft Excel skills (e.g., Pivot Tables, lookups, working with large datasets)
• Experience working with interchange fees, scheme billing, or high-volume financial transactions 

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking procedures
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Business writing skills
• Microsoft Excel
• Microsoft Powerpoint

Behavioural Competencies

• Building Customer Loyalty
• Communication
• Decision Making
• Initiating Action
• Managing Work
• Quality Orientation

Closing Date: 26 May 2026