Inventory Financial Administrator – CSD at South African Reserve Bank

Brief description

• The main purpose of this position is to financial administration support to the Inventory section within the South African Reserve Bank (SARB).

Detailed description

• The successful candidate will be responsible for, among other tasks, the following key performance areas:
• Engage in short term planning and perform tasks against work plans as defined in conjunction with team leader.
• Assist with financial/budgetary challenges, diagnose problems, choose and/or modify routines to deal with them, displaying the ability to provide solutions for problems within a defined context.
• Coordinate, compile and manage Hospitality Services budget.
• Administer the approved budget in terms of controlling expenditure and report variances to Management support.
• Monitor orders to ensure that expenditure is within the approved budget and in accordance with the Bank’s procurement procedures.
• Perform general accounting duties and reconciliations in accordance with accounting and SARB policies, relevant accounting standards and acts.
• Complete monthly profit and loss statement.
• Perform general administration, including preparation of payment instructions, data capturing and record keeping ensuring the smooth running of the inventory management.
• Keep abreast with information relating to factors that affect food inflation.
• Follow up on payment of suppliers/vendors according to the Bank’s processes.
• Collate and provide relevant management information for decision-making purposes to ensure complete and relevant information for Hospitality Services.
• Ensure compliance with procurement policy, budget guidelines and other relevant policies.
• Engage with stakeholders (internal and external), displaying the ability to solicit information as well as deliver a coherent and convincing message.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• A National Diploma (NQF 6) in Financial accounting OR equivalent ; and
• Three to fFve years’ experience in budget and financial support.

Additional requirements include:

• Resilience
• Service and stakeholder focus
• Planning and organising
• Learning focus
• Drive for results
• Problem solving and analysis
• Verbal and written communication
• Judgement and decision making