Latest Vacancies at BankservAfrica

PURPOSE

The main purpose of the Business Analyst is to provide analytical and operational support for the BankservAfrica business’s key projects. This role primarily provides skill in investigating, analyzing and optimizing business models and business processes to support a variety of internal projects. The Business Analyst is involved in the delivery of business solutions, from conceptualization to implementation where the scope is limited by the scope of the project.

You will engage with the following stakeholders:

• Product/business owners, product development and IT
• Project managers
• Finance and operations
• Legal, risk and compliance.

Your key responsibilities include:

• Develop effective proposals and presentations to communicate, justify project designs, solutions and approaches.
• Analysis new solutions to ensure that they fulfil original requirements and close identified gaps.
• Execute feasibility and viability assessments at a project / product level. 
• Compile product and pricing strategies for identified products
• Monitor and report on strategies implemented. 
• Systemically analyse market trends for identified product streams to assist with development of growth platforms such as geographic growth opportunities, combining product functionalities, identification of new markets, simplifying services and business processes. 

QUALIFICATIONS / KNOWLEDGE

• Bachelor’s degree in Computer Science, Information Systems and/ or; 
• Diploma in Business Analysis from an IIBA endorsed education provider and/or;
• Valid CBAP or CCBA certification. 
• Advanced computer literacy. 
• Financial services knowledge. 
• Advanced knowledge of the BABOK. 
• SDLC methodology knowledge

EXPERIENCE

• Minimum 3 years’ experience in financial services sector. 
• Minimum 5 years’ experience in IT.
• Requirements elicitation 7 collaboration.

go to method of application »

PURPOSE

As a member of the PayShap product team, you will contribute to the dynamic and innovative environment that drives our payment solution's success. Your role involves gathering, assessing, analysing, and testing product information to determine its feasibility, viability, and risks within specific contexts and constraints. Moreover, you will engage with stakeholders both internally and externally, offering insights and expertise packaged professionally using Microsoft Office tools such as PowerPoint, Word, and Excel.
If you are passionate about payments, data analysis, and contributing to a groundbreaking product like PayShap, we encourage you to apply for this exciting opportunity. Join our team and play a significant role in shaping the future of payments in South Africa.

You will engage with the following stakeholders:

• Internal and external stakeholders

Your key responsibilities include:

• As a Product Analyst at PayShap, you will play an integral role in driving the success of our payment scheme. Your responsibilities will include:
• Data Analysis and Synthesis: Analyzing and synthesizing data to extract meaningful insights that inform decision-making processes.
• Collaboration: Partnering closely with Product Managers and clients to identify, document, and evaluate product requirements and roadmaps.
• Quantitative Insights: Working alongside Product Managers to gather and comprehend quantitative product data and metrics, thereby gaining a deep understanding of product performance.
• Product Support and Hypothesis Generation: Providing product support as required and generating hypotheses to address potential product-related challenges.
• Product Expertise: Developing and maintaining comprehensive product information, serving as an internal and external expert on PayShap.
• User-Centric Focus: Utilizing evidence-based insights to understand user needs and profiles, contributing to the development of user-centric product features.
• Formal Product Testing: Managing and executing formalized product testing within the product delivery cycle.
• Low Code / No Code Development: Designing, writing, and iterating code from prototype to production-ready status in the Low Code / No Code domain.
• Effective Communication: Demonstrating the ability to communicate effectively across various organizational, technical, and political boundaries, understanding the broader context.

Product Analysis:

• Gather and assess applicable product (existing or new) information in order to obtain a holistic understanding of the inner and outer workings of said product in its application and within the payments landscape ecology.
• Perform analysis on applicable products (existing or new) with the given assessment information ascertained to provide formal expert opinion on the products feasibility and viability considering functionality, data, security, integration, infrastructure, and performance.
• Provide expert opinion product design components within defined fields and contexts such as regulatory, business, and commercial.
• Perform risk assessment to identify all the inherent risks as well residual risk in line with the given service offering.  Doing this to address or provide adequate mitigation for increased efficacy or success of the product.

Product Knowledge Management:

• Contribute to the development of the product frameworks to ensure apt and fit for purpose product frameworks to work within while simultaneously increasing own understanding of the products in depth and in context of other products and the larger landscape. 
• Facilitate and share expert product knowledge to other product analysts to cross-pollinate as well as to the product architects in support of the product and service offering development.

QUALIFICATIONS / KNOWLEDGE

• Extensive interbank payment knowledge from a clearing and a settlement perspective.
• Scheme knowledge advantageous.
• Understanding of ISO Standards. 
• Cross border payment experience advantageous.
• Compilation of functional and technical specifications documents.
• Required computer literacy levels.

EXPERIENCE

• Comprehensive experience in product development and analysis.
• Experience in Business Analysis, product design and financial modelling. 
• Having experience in engaging at a Senior level. 
• Minimum 8 years’ experience in payments industry.
• 8 years’ experience in related field.

go to method of application »

PURPOSE

To create and drive the implementation of a cost-effective procurement sourcing strategy within the governance and compliance framework of the Group with the aim of reducing cost and complexity and improving procurement service levels and efficiency in an increasingly complex partner and supplier eco system. To build and maintain an enabled Procurement organisation and operating model, working in South Africa, whilst building synergies across Africa. To implement and optimise Procurement and Technology in creating agile and efficient ways of work.

The Head of Procurement plays the leading role within the procurement team, exercising the primary responsibility for procurement governance, legislation, compliance, and management. The incumbent will also work in close contact with the internal and external stakeholders.

You will engage with the following stakeholders:

• Business owners, product development and CVM/Support Division; 
• Project teams 
• Human Capital 
• Procurement, Finance operations; and
• Legal, risk and compliance
• Customers and Suppliers 
• Shareholders 
• Executive and Non-executive directors 

Your key responsibilities include:

• Supplier Management   
• Category Management:
• Category Management: Create data & insights led Category Strategic Planning
• Business Relationship Management
• Coach and Develop Procurement Specialist and administrators in setting and achieving Category goals
• Define strategic sourcing of main procured categories and monitor the execution thereof 
• Define strategic and tactical sourcing and the execution of its strategy, defining concrete levers to increase focus and efficiency on each of the main procured categories 
• Identify resources needed to make target a reality and manage and coordinate cross-functional sourcing teams
• Design and oversee the execution of the sourcing recommendation process 
• -Identify Supply Chain opportunities for improvement per main category
• Balance Governance and Customer centricity across the management of the several categories
• Define common sourcing optimisation levers with Group Procurement to maximise value creation in the Group
• Develop a common strategy with Group Procurement to maximise synergies potential and maximise value for the Group.
• Supplier Management   

Benefits Realisation:

• Ensure sustainable savings by identifying opportunities and delivering benefits against all targets through effective cost reduction, cost avoidance and revenue generation opportunities. Introduce Value Add and Value Engineering (VAVE) initiatives that will contribute to savings and maximize value.
• Report on performance against targets for benefits realization by extraction of data through MI.
• Devise methods to optimize processes and eradicate waste to drive value throughout the supply chain. Introduce innovation that will add strategic benefit through mutual relationships and synergies by working with the internal customer (business units) and third-party suppliers.

Strategic Sourcing 

• Cost Optimisation and procurement business plan
• Develop a strategy to maximise potential synergies and maximise value for the Group which is aligned to Group strategy.
• Develop a buy-in Mission, Vision, and Core Values, which contains all dimensions of a best-in-class procurement program and is shared by all business units.
• Analyse current trends in the procurement environment.
• Develop the procurement business plan and set realistic targets to ensure the achievement of strategic objectives 
• Establish demand requirement to effectively plan and manage sourcing demand
• Identify areas where value can be added / exploited further, areas where value is being destroyed and areas where value is latent, and act accordingly
• Consider future consequences of actions on the viability of the business
• Discuss the current environment and how this will impact the business both now and, in the future business requirements and business continuity.
• Develop a segment sourcing strategy that simultaneously supports and governs across the main categories Develop a common strategy with Group Procurement to maximise synergies potential and maximise value for the Group. 
• Define annual objectives for improvement consistent with the budget, in terms of actual performance targets and buying capability improvement Define concrete actions to target and achieve savings.
• Drive the negotiation of SLAs with internal and external stakeholders and ensure execution and compliance of contractual agreements and 
• Supplier Management   

Contract Management:

• Delivery of effective contract management will include 
• Service delivery management: ensuring that the service is being delivered as agreed to the required level of performance and quality by working timeously and to agreed deadlines. Create and maintain relationship to keep business engagements cordial. Optimise the efficiency, effectiveness and economy of the service or relationship described in the contracts, by balancing costs against risks and actively managing the contractual relationship.
• Transactional Integrity: Ensure transactional integrity is adhered to for each relevant step in the P2P process and all transactions are in line with company compliance and policies by reviewing the monthly reporting and working with the appropriate business units. Ensure that all contractual information is loaded onto the applicable SAGE (Procurement ERP Platform) for each deal that is completed prior to benefit sign off, as per the agreed Sourcing Process (sign off will not occur unless this is done). Address all enquires to add resolution related to supplier payments and invoicing.

Stakeholder Management:

• To support the organisation in achieving its strategic objectives by interpreting and influencing both the external and internal environments and by creating positive relationships with stakeholders through the appropriate management of their expectations and agreed objectives.
• Positioning stakeholders according to the level of influence, impact, or enhancement they may provide to the business or it's projects.
• Recognize and acknowledge stakeholder's needs, concerns, wants, authority, common relationships, interfaces and align this information with the overall delivery strategy.
• -Ensure communication standards are transparent, honest, and open with stakeholders, 
• Governance and Compliance: Ensure that all governance and compliance related requirements are adhered to from company and statutory perspectives as requested and reported by the Compliance team throughout the year. Ensure that all targets against governance and compliance are met and maintained by reviewing the monthly reporting and working with the allocated business units. Complete all training requirements in order to understand requirements against governance and compliance.

Research and Development 

• Continuous improvement
• Efficiently and effectively roll out and implement the procurement objectives
• Consider/Review, plan and coordinate all procurement demands plans aligned to Group strategy
• To deliver outcomes and objectives as agreed with the line manage and business units.
• Effectively report on procurement activities against the determined procurement and Supply Chain Management principles.
• Reporting (review and submit) on progress against annual procurement plans (monthly/quarterly) 
• Sourcing of products and services which include but not limited to market research, preparation of RFT/P/Q/I's, evaluation of bids/tenders, commercial negotiations, recommendations for the supplier award, including the preparation & presentation of submissions to the key stakeholders in accordance with the procurement policy & relevant legislation including BBBEE.
• To manage and develop Group Supplier Development programmes where required.
• Partner with the business units to manage and develop skills development strategies to ensure the appropriate spend is focused in the right category and spend areas.
• Analyse spend; formulate sourcing and category management strategies based on business requirements that will lead to benefits (cost reduction or avoidance) without causing supply risks.
• Support planning & monitoring of compliance on contract purchases and projects.
• Supplier relationship management (SRM) and the implementation of supplier performance management processes & audits.
• Develop and maintain good supplier relations and manage SLA/KPI (adherence to contractual conditions and budgetary provisions).
• Review draft agreements with appropriate terms and conditions by legal and experience with managing vendor agreements.
• To manage and enhance relationships between the department relevant internal & external stakeholders.
• Undertake market analysis to identify new opportunities and deliver positive total cost outcomes to the Group.
• Assess and address complex technical risks in relation to projects across user departments.

Compliance

BBBEE:

• Ensure procurement compliance with BBBEE objectives 
• Create and set BBBEE targets to develop, implement and manage BBBEE policies, procedures, and initiatives in line with legislative and compliance requirements (e.g., the DTI Construction Sector Codes, Employment Equity Act, in respect of the Group BBBEE ownership, Socio Economic Development as well as Preferential Procurement and Supplier Development commitments).
• Partner with the business units to manage management control strategies 
• Develop monthly, quarterly, and ad-hoc reports as when needed by Exco and other enterprise and governance bodies
• Monitor and categorise BBBEE spend in accordance with the DTI good codes of practice
• Monitor performance of BBBEE suppliers in line with the overall procurement strategy – remove barriers of entry and promote acceptable performance standards criteria

Product/Commodity Management

• Product Management
• Participate in Product Development with business units: Proactively or on functional Unit request, bring the expertise to the Product Development 
• Team on the cost, performance, market risk, market availability, quality, and reliability of product components.

Operational Procurement

• Encourage innovation, listen, and act upon ideas from team and provided technical / expert contribution
• Assure that all policies and procedures concerning Procurement are respected during the process
• Develop benchmarking activities to identify best practices and international trends in procurement
• Develop and integrate new means with established systems / practices and terminate those which no longer support the strategy and mission. 
• Manage Predictive & Prescriptive Procurement Analytics & Insights
• Monitor budget expenditure and periodically report procurement financials (Automated) 
• Deliver Data & Insights led Benchmark buying results and capabilities against best practice and international standards of performance, to identify challenges and relative positioning.
• Develop and propose to Executive Committee an annual procurement and category plan that contains. 
• Performance targets (volume, price, timing) 
• Capability development needs 
• Strategic sourcing project to be set up per major categories 
• Develop and deliver a monthly Category Performance Report 

Compliance and Risk

Compliance:

• Policies and procedures: Develop, amend and implement relevant policies and procedures
• Compliance: Ensure compliance with relevant policies & procedures, regulation and legislation
• Risk: Ensure risks are reported on and mitigated

People Management:

• People Processes: Manage employees through the employee lifecycle including, recruit, manage performance and reward 
• People Development: Build a high-performance team through regular individual and team engagement sessions. Identify talent, coach, and develop to ensure talent retention.

QUALIFICATIONS / KNOWLEDGE

• Completed University bachelor’s degree or equivalent (Procurement, Logistics Management, Supply Chain Management or similar)
• B. Com Honours in Supply Chain, Finance, Management Accounting 
• MBA advantageous
• MCIPS advantageous
• Knowledge of procurement policies, processes, and procedures
• An understanding of the Banking or ICT industry would be advantageous
• CIPS qualification

EXPERIENCE

• Large Corporate with Procurement Leadership (at least + 8 -10years) with demonstrated experience working with Board/ exco/senior management, in the relevant sector/ industry as per relevant role.
• Experience managing the End-to-End Source to Contract 
• 10 years people leadership experience in a Corporate Finance or Procurement environment.
• Project Management experience 
• Experience in leading large organisational projects and demonstrated ownership of change management 
• Experience with Advanced Analytics
• Ability to plan, organise and prioritise workload, including co-ordinating with procurement teams and stakeholders and ensuring that statutory and other deadlines are met
• Understanding of and ability to manage using agile, customer-focused project management techniques 
• Work as part of a team and independently to deliver a common goal or objective
• Ability to deal with difficult situations and make decisions on the best course of action 
• Excellent technology skills including ERP, Automation and Cognitive Tools, Reporting Tools, etc
• Self-starter/ initiative/creativity/innovation, goal oriented
• Operational Risk Management
• Performance Management & Evaluation Methods
• Change & Cost Management
• Assertive, decisive, with sound prioritisation ability 
• Curious and eager to learn beyond own areas of responsibility
• Able to coach less experienced procurement team members and stakeholders to improve their learning and raise their capabilities, as relevant  

go to method of application »

PURPOSE

The purpose of the role is to analyze Treasury activities and determine the financial implications of all transactions by aligning the economic intent with tax considerations, capital requirements and technical accounting requirements.
The role is responsible for facilitating and enhancing the decision-making, transaction execution and monitoring processes of Group Treasury.

You will engage with the following stakeholders:

• External
• Suppliers
• Customers
• Banks
• Internal
• Executive team 
• Business Unit Managers
• Department Managers
• Department Employees

Your key responsibilities include:

• Month End and Year end processing and reporting
• Financial Management 
• Ensure team goals are aligned to BU strategy, documented, clearly understood, and regularly reviewed.
• Identify and scope opportunities for improvement innovation. 
• Deploy client or company specific projects in line with company standards and in agreement with line manager.
• Process and post journal entries to ensure all business transactions are recorded. 
• Process, manage and reconcile all balance sheet accounts to ensure efficient and accurate information is available for reporting and is in accordance with legal and company accounting guidelines. 
• Determine accounting errors or discrepancies and suggest necessary corrective action.
• Approval of accounting transactions and reconciliations
• Balance and agree loan accounts.
• Reconcile VAT to be calculated and submitted on time.
• Balance and agree on loan accounts.
• Prepare monthly cash flow. 
• Process month and year-end process, accounts payable/receivable, cash books, general ledger, treasury, revenue and expenditure, and capital assets reconciliation.  
• Assist in the preparation of reports. 
• Process and post journal entries to ensure all business transactions are recorded 
• Process, manage and reconcile all balance sheet accounts to ensure efficient and accurate information is available for reporting and is in accordance with legal and company accounting guidelines. 
• Ensure all account reconciliations and supporting sub-ledgers align
• Determine accounting errors or discrepancies and suggest necessary corrective action.
• Review month and year-end process, accounts payable/receivable, cash books, general ledger, treasury, revenue and expenditure, and capital assets reconciliation.  
• Month-end closing activities
• Preparation of notes and disclosure of the necessary documentation for internal and external financial audits

Supplier Management   

• Monitoring the financial markets and analyzing economic factors to determine how they affect investments and manage risk through hedging when required 
• Reviewing financial statements to ensure that they comply with accounting standards
• Identifying potential fraud or malfeasance in financial transactions
• Recommending changes in interest rates based on economic factors such as inflation rates, employment levels, and production
• Reviewing banking regulations to ensure that financial institutions are complying with the law
• Serve as the primary point of contact for all matters related to cash management, investments, and debt financing
• Oversee daily cash operations, including forecasting, wire transfers, ACH payments, and check processing
• Invest idle cash in short-term investment vehicles to maximize returns while minimizing risk
• Monitor compliance with internal policies and procedures, as well as applicable laws and regulations
• Prepare monthly reports detailing cash position, investment activity, and debt service coverage
• Negotiate loan terms with commercial banks and other financial institutions
• Manage relationships with external banking partners, ensuring optimal service levels and pricing
• Coordinate with accounting department to ensure timely and accurate recording of transactions
• Develop forecast treasury needs and demands for the businesses 
• Manage financial instruments including but not limited to FEC, Swaps, etc 
• IFRS Reporting of financial instruments

Compliance and Risk

Compliance

• Policies and procedures: Develop, amend and implement relevant policies and procedures
• Compliance: Ensure compliance with relevant policies & procedures, regulations and legislation
• Risk: Ensure risks are reported on and mitigated
• People Development
• People Management
• People Processes: Manage employees through the employee lifecycle including, recruit, manage performance and reward 
• People Development: Build a high-performance team through regular individual and team engagement sessions. Identify talent, coach, and develop to ensure talent retention

QUALIFICATIONS / KNOWLEDGE

• Bachelor’s degree in finance, Accounting or Economics 
• Post Graduate degree or similar advanced financial risk-oriented qualification in Finance, Accounting or Economics preferred.
• Required computer literacy levels.
• Accpac /ERP
• Excel and PowerPoint
• Financial Market tools e.g.: Bloomberg 
• Reporting tools 

EXPERIENCE

• 5 years of relevant experience
• Practical experience gained in a financial risk consulting or treasury environment strongly preferred. 
• Understanding of international treasury and banking concepts 
• Experience with treasury / banking requirements for an ERP system
• Experience working with Finance teams 
• Must be comfortable engaging with banks and communicating internally at all levels 
• Ability to anticipate issues before they arise and provide solutions
•  Must be able to demonstrate our core values of safety, integrity, responsibility, creativity, collaboration, and respect
•  Preferred Education and Experience

go to method of application »

PURPOSE

The main purpose of the Project Manager is to provide Project Management, according to accepted BankservAfrica policies and standards, in support of BankservAfrica business and product strategies

You will engage with the following stakeholders:

• Key stakeholders in Banks
• Key stakeholders in other BankservAfrica client organisations/ Retailers
• Management and Executive Management
• Business Unit and Product Owners
• IT Managers and Staff
• All staff

Your key responsibilities include:

• Contribute to and deliver on BU goals and activities aligned to strategy
• Deliver client or company specific projects in line with company standards and in agreement with line manager
• Responsible for the overall planning, management and completion of projects on a wide variety of business units
• Design, Develop and Monitor schedules and budget for assigned projects
• Works with customers to develop project scope of work documents/ project management plans and schedules. 
• Uses project management skills to manage project resources, identify resource requirements, meet training needs, define project deliverables, provide customer satisfaction and reporting structures and ensure quality of projects.
• Identifies the approach to be used on a given project 
• Manages the project and development lifecycles. 
• Implementation and control of project change management process
• Provide input into the Project Office reporting, including updating the Project Management application
• Overall control, management and reporting on Project Status, Costs, Issues and Risks

QUALIFICATION / KNOWLEDGE 

• Project Management qualification
• CAPM certification (Must Have)
• PMP certification (Advantageous)
• Knowledge of Agile Project Development
• Required computer literacy levels in the MS Office suite and applicable Project Management Applications.    

EXPERIENCE 

• Experience in ICT Application development
• Minimum 1 years’ experience in Project 
• Experience in Payments and Banking industry will be an advantage