Area/Location: Menlyn Maine, Pretoria
Job Purpose: The company provides banking and payment solutions, pioneering Banking-as-a-Service in South Africa since 2002. It drives financial inclusion through innovation, serving major banks with in-house technology. Core values include integrity, tenacity, and empowerment. The company is seeking a skilled Financial Officer to join its team.
Role Overview The Financial Officer is responsible for: - Daily balancing and reconciliation of all transactions processed via various systems as part of financial administration.
- Ensuring 100% accuracy in balancing and reconciliation, covering all processed transactions.
- Taking immediate corrective action for any reconciliation or balancing discrepancies.
The Requirements - Skills and Experience
- Extensive experience (5+ years):
- Bank and cashbook reconciliations.
- EFT transactions and reconciliations.
- Interbank ATM (SASWITCH) and POS (Debit Switch) processing.
- Realtime Clearing processes.
- Thorough understanding:
- Visa, MasterCard, and other Card Associations.
- BankServ Africa rules and guidelines.
- Service Level Agreements for financial institutions.
- Advantageous experience:
- Card switching and payments processing.
- Interbank-related card switching and payment services.
- Back office and reconciliation experience.
- Dispute Management Systems.
- General banking knowledge.
Additional capabilities: - General balancing and reconciliation functions.
- Bank settlement reconciliations.
Qualifications Required: - Matric or an equivalent qualification recognized by the Department of Higher Education and Training.
Preferred: - BCom Degree in Accounting, Finance, or a related field.
