Website South African Bank Note Company
The South African Bank Note Company was established in 1958 as a joint venture between the South African Reserve Bank and a British banknote printer, Bradbury Wilkinson. In 1969, the SABN (as it is referred to) became a wholly owned subsidiary of the South African Reserve Bank. The core function of the SABN is to serve the nation by providing quality banknotes at competitive prices.
Main Responsibilities (not limited to):
- To accurately calculate and prepare all salary related information for payroll processing for the relevant period.
- To accurately process all salary related information on the SAGE People Payroll system.
- To resolve all salary related enquiries from employees and third parties.
- To prepare, validate and ensure the accuracy of Group Life and Post-Retirement Medical Aid information for actuarial valuation purposes.
- To prepare and reconcile third party payments to the payroll on a monthly basis.
- To reconcile all payroll related general ledger control accounts including explanations for reconciling items
- To prepare year-end external audit working papers for directors and executive remuneration, provisions and disability accruals.
- To prepare, validate and ensure the accuracy of statutory submissions for Stats SA.
- To comply with relevant taxation, BCEA and other legislation including policies and procedures of the SABN.
The preferred candidate is likely to have:
- Grade 12/NQF equivalent with Accounting and Maths (Essential)
- Post-school Payroll qualification (Desirable)
- 2-4 years of core experience in an HR administrative OR Payroll environment (Essential)
