The successful candidate will be responsible for the following key performance areas:
- Participate in short-term planning and perform tasks according to work plans developed with the superviser.
- Work independently within established procedures, processes, rules and regulations, maintaining compliance with all standards, policies and relevant guidelines when completing assigned tasks.
- Identify, evaluate and resolve defined, routine and new issues within a familiar context.
- Perform basic accounting duties in accordance with SARB policies, applicable accounting standards and relevant legislation.
- Compile and provide payroll-related information within a defined context to relevant stakeholders.
- Perform general administration tasks, including preparing payment instructions, data entry and record management to support the smooth operation of the division.
- Engage with both internal SARB stakeholders and external parties, demonstrating a customer-focused approach, handling basic enquiries and communicating information clearly and confidently.
- Actively seek to broaden knowledge of the functional area and show initiative in enhancing personal work methods and practices.
- Review own performance against set criteria and identify and address any task-specific learning needs.
To be considered for this position, candidates must be in possession of:
- a minimum of a Bachelor’s degree, an Advanced Diploma in Financial Accounting (NQF 7) or an equivalent qualification; and
- a minimum of six months to two years’ experience in a financial services environment, specifically in payroll administration.
Additional requirements include:
- knowledge and skill in:
- industry, organisational and business awareness;
- quality assurance;
- continuous improvement;
- continuous learning and/or professional development;
- finance strategy;
- finance project management;
- management accounting;
- financial reconciliation;
- taxation;
- payroll administration;
- function-specific information systems; and
- business continuity, problem-solving and analysis;
- conceptual thinking;
- effective communication;
- flexibility;
- drive for results;
- learning focus;
- teamwork;
- service and stakeholder focus;
- building and maintaining relationships;
- sound judgement and decision-making;
- impact and influence;
- resilience; and
- managing complexity and ambiguity.
About SARB
Primary mandate of the SARB
Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:
The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.
The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.
WHAT WE DO
Monetary Policy
The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.
Financial Stability
The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.
Prudential Regulation
The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.
Financial Markets
Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.
Financial Surveillance
The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.
Payments and Settlements
The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.
Statistics
The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.
Research
Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.
Banknotes and Coin
The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.