Specialist, Variable Processing

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profile Job Location:

Johannesburg - South Africa

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

To manage the payment requests process and conduct required spot checks and other due diligence to effectively process and release manual and / or automated payment requests and deal with complex queries where needed.


Qualifications :

  • A Degree in Finance and Accounting or Office Administration.
  • Proficiency in Microsoft Office (MS Word Excel Outlook and PowerPoint) Procurement diploma/certification (Coupa) .

Experience Required:

  • Client Centricity and delivery                                                                                                           
  • Query resolution                                                                                                                               
  • Reconciliations                                                                                                                                   
  • Controls and Risks associated with payments processing                                                            
  • Compliance and AML principles                                                                                                       
  • Operational Management 
  • Experience Description: Extensive knowledge/experience in Accounting principles and concepts   Market best practice.

Additional Information :

Key Responsibilities:

  • Control the scrutiny capture and validation of all incoming invoices onto the system.  
  • Analyse account transactions to ensure that allocations and payments are checked for correctness and accuracy. 
  • Review and ensure that the correct VAT is applied per transaction category in line with  group policy 
  • Authorising  payments  requires  attention  to  detail  in  identifying  anomalies  and  inconsistencies even though monthly amounts are not standard.  Example:   Electricity consumption for an ATM is typically  in the R300 ballpark if an invoice is posted for R13000-00 the variable payments team needs to recognise and identify this anomaly or anomalies of this nature and escalate these queries for further investigation.  
  • Complexity levels increase given the high volumes and values of this portfolio. 

Behavioural Competencies:

  • Adopting Practical Approaches
  • Articulating Information
  • Checking Things
  • Developing Expertise
  • Documenting Facts
  • Examining Information
  • Following Procedures
  • Interacting with People
  • Meeting Timescales
  • Producing Output
  • Taking Action
  • Team Working

Technical Competencies:

  • Client Servicing
  • Exception Handling
  • International Market Knowledge
  • IT Systems
  • Local Market Knowledge
  • Query Resolution
  • Root Cause Analysis

Remote Work :

No


Employment Type :

Full-time

To manage the payment requests process and conduct required spot checks and other due diligence to effectively process and release manual and / or automated payment requests and deal with complex queries where needed.Qualifications : A Degree in Finance and Accounting or Office Administration.Profi...
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Key Skills

  • Freelance Writing
  • Lab
  • DCS
  • Investment
  • Administration Support
  • Import & Export

About Company

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients ... View more

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