Specialist, Variable Processing

4 weeks ago

Johannesburg, South Africa Standard Bank Group Full time

Join to apply for the Specialist, Variable Processing role at Standard Bank Group Get AI-powered advice on this job and more exclusive features. Company Description Standard 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 Description To 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. Qualifications A Degree in Finance and Accounting or Office Administration. Proficiency in Microsoft Office (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. Extensive knowledge/experience in Accounting principles and concepts, market best practice. Key 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 elevate these queries for further investigation. Complexity levels increase given the high volumes and values of this portfolio. Behavioural Competencies Adopting Practical Approaches Articulating Information Checking Things Developing ExpertiseDocumenting Facts Examining Information Following Procedures Interacting with People Meeting Timescales Producing Output Taking Action Team Working Technical Competencies Client Servicing Exception Handling International Market Knowledge IT Systems Local Market Knowledge Query Resolution Root Cause Analysis Seniority level Entry level Employment type Full-time Job function Other Referrals increase your chances of interviewing at Standard Bank Group by 2x Get notified about new Processing Specialist jobs in Johannesburg, Gauteng, South Africa . #J-18808-Ljbffr

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