Website South African Reserve Bank
The South African Reserve Bank (the SARB) is the central bank of the Republic of South Africa. It regards its primary goal in the South African economic system as "the achievement and maintenance of price stability". The South African Reserve Bank maintains that South Africa has a growing economy based on the principles of a market system, private and social initiative, effective competition and social fairness. It recognises, in the performance of its duties, the need to pursue balanced economic development and growth.
Job Description
The successful candidate will be responsible for the following key performance areas:
- Plan work according to defined priorities.
- Plan and facilitate the delivery of section-specific outputs, ensuring quality and the optimal use of section resources.
- Perform the accounting function in accordance with SARB policies, relevant accounting standards, cost accounting principles and legislation.
- Prepare monthly, quarterly and yearly financial reports on capital and operational expenditures for submission to the Governors’ Executive Committee and other governance structures.
- Coordinate, review, consolidate and report on the SARB’s operational and capital budgets to support effective financial management by the organisation.
- Maintain the management information system to enable consistent and accurate reporting of relevant information to senior management.
- Participate in internal and external stakeholder engagements, demonstrating the ability to solicit information and deliver a coherent and convincing message.
- Assist the SARB departments in correctly applying International Financial Reporting Standards (IFRS), other financial accounting standards and best practices by providing ongoing guidance.
- Assist the SARB departments in financially quantifying business cases and evaluating investment options.
- Propose and implement refinements and continual improvements to systems, tools, controls, methods and processes in own area.
- Stay current with developments in own functional area.
Qualifications
To be considered for this position, candidates must be in possession of:
- a minimum of a Bachelor of Commerce degree in Accounting; and
- at least three to five years’ experience in a finance business partnering role.
The following would be an added advantage:
- a Chartered Accountant (South Africa) (CA (SA)) qualification.
