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  • Posted: Nov 20, 2023
    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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    Accounts Clerk - FSD

    Brief description

    The main purpose of this position is to perform various general accounting support tasks within the Financial Services Department (FSD) of the South African Reserve Bank (SARB).

    Detailed description

    The successful candidate will be responsible for the following key performance areas:

    • Engage in the short-term planning and performance of tasks against work plans as defined in conjunction with the supervisor.
    • Perform work independently within the established practices, given processes, rules and regulations, ensuring compliance with the set standards, policies and other guidelines.
    • Identify, evaluate and solve defined, routine and new problems within a familiar context.
    • Perform general accounting duties and reconciliations in accordance with the accounting and SARB policies, relevant accounting standards and applicable legislation. 
    • Prepare and provide information related to transactions within a defined context to relevant stakeholders.
    • Perform general administration tasks, including the preparation of payment instructions, data capturing and record-keeping to ensure the smooth running of operations in FSD.
    • Create and maintain consistent metadata in a manner that allows for a clear and unambiguous data element definition and meets legislative, quality and security requirements.
    • Test any system changes for the core banking module (where required).
    • Engage with the relevant stakeholders/clients within the SARB and external parties, displaying a service orientation in own work and the ability to handle basic queries and explain information fluently. 
    • Proactively broaden own knowledge of the functional area, displaying a willingness to make improvements in own work (including methods and practices). 
    • Evaluate own performance against the given criteria and identify and address task-specific learning needs.

    QUALIFICATIONS

    To be considered for this position, candidates must be in possession of:

    • a minimum of a National Diploma in Accounting (NQF 6) or an equivalent qualification; and
    • six months to two years’ working experience in a financial environment, specifically in accounting.

    Additional requirements include:

    • industry, organisational and business awareness;
    • quality assurance;
    • continuous improvement;
    • continued learning and/or professional development;
    • finance project management;   
    • financial accounting;      
    • financial reconciliation;
    • cash requisition and recording of transactions;         
    • payments settlement accounting;                  
    • function-specific performance management;  
    • function-specific information systems; and     
    • business continuity planning;
    • conceptual thinking;
    • effective communication;
    • flexibility;
    • a drive for results;
    • a learning focus;
    • teamwork; 
    • a service and stakeholder focus;
    • building and maintaining relationships;
    • sound judgement and decision-making;
    • impact and influence;
    • analysis and problem-solving;
    • resilience; and
    • managing complexity and ambiguity.

    Method of Application

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