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.
Detailed description
The successful candidate will be responsible for the following key performance areas:
- Plan the capital and operational budgets based on the budget guidelines in consultation with relevant stakeholders in order to meet the SARB’s budgetary deadlines.
- Prepare detailed schedules through consultation with relevant BSTD stakeholders in order to fulfil the SARB’s policy requirements.
- Execute the approved budgets through the submission of procurement requests, the payment of vendors as well as the correct classification and allocation of expenditure in order to fulfil the ICT requirements within the SARB.
- Monitor expenditure against the budgets through reconciliation and verification, ensuring efficient cash flow management as well as compliance with policies and contracts.
- Collect and analyse financial data in order to provide reporting on variance, exceptions, expenditure as well as project and procurement status for the effective management of the budgets.
- Identify and respond appropriately to stakeholders’ need for specific finance-related advice.
- Provide guidance and coaching to stakeholders, ensuring ongoing support on ICT-related financial matters.
Job requirements
To be considered for this position, candidates must be in possession of:
- at least a Bachelor’s degree (NQF 7) or an Advanced Diploma (NQF 7) in Accounting, or an equivalent qualification; and
- at least 2–5 years’ experience in a financial accounting environment.
The following would be an added advantage:
- an International Computer Driving Licence (ICDL) certificate.
