Specialist, Variable Processing

Company DescriptionStandard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.Job DescriptionTo manage the payment requests process and conduct required spot checks and other due diligence to effectively process and release manual and / or automated payment requests and deal with complex queries where needed.QualificationsA Degree in Finance and Accounting or Office Administration.Proficiency in Microsoft Office (MS Word, Excel, Outlook and PowerPoint) Procurement diploma/certification (Coupa) .Experience Required:Client Centricity and delivery Query resolution Reconciliations Controls and Risks associated with payments processing Compliance and AML principles Operational Management Experience Description: Extensive knowledge/experience in Accounting principles and concepts Market best practice.Additional InformationKey Responsibilities:Control the scrutiny, capture and validation of all incoming invoices onto the system. Analyse account transactions to ensure that allocations and payments are checked for correctness and accuracy. Review and ensure that the correct VAT is applied per transaction category in line with group policy Authorising payments requires attention to detail in identifying anomalies and inconsistencies even though monthly amounts are not standard. Example: Electricity consumption for an ATM is typically in the R300 ballpark if an invoice is posted for R13,000-00 the variable payments team needs to recognise and identify this anomaly, or anomalies of this nature, and escalate these queries for further investigation. Complexity levels increase given the high volumes and values of this portfolio. Behavioural Competencies:Adopting Practical ApproachesArticulating InformationChecking ThingsDeveloping ExpertiseDocumenting FactsExamining InformationFollowing ProceduresInteracting with PeopleMeeting TimescalesProducing OutputTaking ActionTeam WorkingTechnical Competencies:Client ServicingException HandlingInternational Market KnowledgeIT SystemsLocal Market KnowledgeQuery ResolutionRoot Cause Analysis