Assistant Financial Officer
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Job Summary
Requisition Details and Talent Acquisition Contact
REQ 143965 - Michelle Thabethe
Cluster: Group Finance - GBS FIXED ASSETS
Closing date: 8 February 2026
Job Family
Finance
Career Stream
Accounting
Leadership Pipeline
Manage Self: Technical
Job Purpose
To provide financial management services to stakeholders through effective processing; monitoring; budgeting/forecasting; analysis and reporting; thereby ensuring good governance and financial control across the Nedbank Group.
Job Responsibilities
- Contribute to business units cost saving by operating within agreed targets.
- Contribute to improvement of team performance by partnering with team leaders and giving advice and feedback on how they are performing.
- Maintain client satisfaction by responding to general queries and adhoc requests timeously.
- Contribute to team skills by sharing knowledge and ideas.
- Build and maintain business relationships with internal and external stakeholders by providing and discussing monthly financial packs.
- Validate accuracy and allocation of entries posted to the general ledger (GL) or database (DB) by checking the daily GL and DB accounts and reports.
- Process staff claims by allocating them to the correct branch and GL account.
- Process ledger entries by preparing the VAT upload and forward to Group Finance for further processing.
- Ensure entries are correctly allocated by liaising with the relevant parties and following up on any discrepancies.
- Prepare a variance report by comparing budget/forecast against actuals and providing comments for the variances.
- Perform daily bank reconciliations by clearing entries to the GL.
- Perform monthly balance sheet reconciliations by comparing GL and balance sheet balances and explaining reconciled items.
- Review validity of invoices by making sure that they meet policy requirements in terms of signatures mandates and tax.
- Submit invoices for payment by capturing on the P2P System and select authorisers for approval.
- Prepare budgets forecasts and three-year plans by liaising with team leaders and gathering relevant information.
- Manage and monitor asset registers by physically checking asset numbers and verifying them against the asset register.
- Process purchase orders of capex (new or replacement) by allocating reference numbers and ensuring validity of order in terms of signatures and mandates.
- Keep abreast of legislation and other industry changes that impact on role by reading the relevant newsletters websites and attending sessions.
- Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
- Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
- Identify and recommend opportunities to enhance processes systems and policies and support implementation of new processes policies and systems.
Essential Qualifications - NQF Level
- Diploma
Preferred Qualification
- Bachelor of Commerce: Accounting Bachelor of Commerce: Banking
Minimum Experience Level
- 2-4 years experience with 1-2 years experience in financial services environment
Technical / Professional Knowledge
- Accounting principles
- Administrative procedures and systems
- Banking knowledge
- Business principles
- Cluster specific operations
- Data analysis
- Governance Risk and Controls
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Business writing skills
Behavioural Competencies
- Applied Learning
- Communication
- Decision Making
- Stress Tolerance
- Managing Work
- Quality Orientation
Please contact the Nedbank Recruiting Team at
Required Experience:
Unclear Seniority
Key Skills
- Internal Audit
- Financial Performance
- Financial Goals
- Financial Policies
- Journal Entries
- Accounting
- General Ledger Accounts
- Financial Statements
- Financial Transactions
- Financial Procedures
- Annual Budget
- Ensure Compliance
- Powerpoint
- CPA
- Financial Management
About Company
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