(1259) Treasury Administrator - Cape Town

South African Reserve Bank; South Africa; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A central banking institution in South Africa is seeking a qualified candidate to manage cash transactions and safeguard bank assets. The role involves ensuring sufficient banknote supply and compliance with regulations. Ideal candidates should hold a National Diploma in Business Management with relevant experience in a cash environment. This position offers opportunities for skill development and active participation in cash industry management.

Qualifications

• Two to five years' experience in a cash environment.
• Ability to manage cash transactions and mitigate risks.

Responsibilities

• Manage the vault and ensure cash supply to the industry.
• Capture and verify bulk deposits and withdrawals.
• Liaise with external stakeholders for transaction completion.

Skills

Cash handling

Risk management

Teamwork

Communication

Education

National Diploma in Business Management (Accounting)

Job description

Overview

The main purpose of this position is to safeguard the assets of the South African Reserve Bank (SARB) as well as to manage the cash transactions efficiently to ensure adequate supply of high-quality banknotes to the industry to meet public demand.

Responsibilities

• Plan and perform tasks against work plans as defined in conjunction with the team leader.
• Manage the vault to ensure sufficient supply of banknotes to the cash industry.
• Capture and verify bulk deposits and withdrawals as per laid down procedures.
• Ensure cash industry personnel have authority to collect or deposit banknotes.
• Mitigate risks by ensuring adherence to controls, established practices, processes, rules and regulations.
• Provide information relating to cash transactions to the team leader for decision-making.
• Review and authorise work pertaining to cash transactions, to ensure accuracy and completeness of information integrated with the National Cash Management System, including preparing required documentation for the payment of charges.
• Act as a liaison and engage with external stakeholders to facilitate timely completion of transactions.
• Evaluate own performance against given criteria and identify and address task-specific learning needs.

Qualifications

• a National Diploma in Business Management majoring in Accounting or an equivalent qualification; and
• two to five years' experience in a cash environment.

About SARB

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.

Divisions

• Management Support
• Currency Integrity
• Supply Chain Management
• Programme Management
• Currency Research, Policy and Strategy