Job Family

Finance

Career Stream

Tax

Leadership Pipeline

Manage Self Operational (MSO)

Job Purpose

To provide financial management services to stakeholders through effective processing; monitoring; thereby ensuring good governance and that Nedbank is compliant with regulatory obligations.

Job Responsibilities

• Ensure that agreed dates and standards set by SARS are met by processing SARS requests and performing a reconciliation of the tax deductions to the Client Accounts to the General Ledger accounts.
• Perform recoveries and reversals of payments made in the event of a cancellation order issued by the respective Regulator.
• Perform basic checks to ensure completeness and accuracy and perform reconciliation controls.
• Prepare reconciliation of various processes for review and sign off by GBS Finance Team and ensuring all work meets the standards for quality, quantity, turnaround times and due dates in line with risk and compliance requirements as well as the related Regulatory requirements.
• Perform daily bank reconciliations by clearing entries to the GL.
• Ensure that payments are made timeously to SARS by adhering to deadlines and quality standards,
• Ensure information is provided correctly to stakeholders as well as validate accuracy and allocation of entries posted to the Bank Account and general ledger (GL) or database (DB) by checking the daily GL and DB accounts and reports.
• Support all administrative requirements and adhere to process and controls.
• Maintain client satisfaction by responding to general queries and adhoc requests timeously.
• Test the application of rules implemented against transactional data.
• Utilise tools like exception reporting to highlight any concerns regarding application of rules in the system.
• Extract data for external audit and investigations to support internal and external audit.
• Build and maintain internal stakeholder working relationships, understanding and consistently meeting client needs by providing relevant communication, complying with the governance and controls and sharing knowledge.
• Ensure work is completed on time by planning and utilising available resources effectively and operating within the agreed deadlines.
• Assist in mitigating risk by monitoring and escalating errors and risk related matters, complying with regulators requirements, adhering to policies and procedures and taking corrective action.
• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate social responsibility initiatives for the achievement of business strategy.
• Identify opportunities to improve or enhance processes by identifying and recommending improvements to tools, policies and procedures to add value to Nedbank.
  

Essential Qualifications - NQF Level