Transaction Processing Professional
7 days ago
Company Overview
About Isilumko Staffing
We are a leading staffing agency that connects top talent with exciting opportunities.
Job Description
Job Title: Transaction Processing Professional
Job Summary:
We are seeking an experienced Transaction Processing Professional to join our team. The successful candidate will be responsible for accurately capturing financial transactions, monitoring entries and queries, and scrutinizing reports to ensure accuracy and compliance.
The ideal candidate will have excellent analytical skills, attention to detail, and the ability to work independently in a fast-paced environment.
Key Responsibilities:
- Transaction Capture
- Accurately capture all financial transactions on the Branch Delivery System, Domestic Treasury, BANCS V5, and Forex.
- Monitor Entries and Queries boxes to address and resolve issues promptly.
- Cheque Processing
- Ensure daily balance and processing of Rand and Foreign Cheque transactions.
- Update CQM with precise and correct data.
- Report Scrutiny
- Scrutinize reports on all processing VLANs to verify the accuracy of entries.
- Undertake required scrutiny of reports as per the Group Reference Guide.
- Bills and Suspense Accounts
- Monitor Bills of Exchange, unnumbered bills payables, and Unposted accounts daily.
- Balance and scrutinize daily suspense accounts for Rejecteds, Forex, and DIT (Domestic Treasury).
- Query Handling
- Address queries from branch business partners related to processing products captured within CIB Branch.
- Forex and Treasury Oversight
- Scrutinize forex and treasury reports.
- Ensure all items are attended to and accounted for in daily operations.
- Daily Clearances
- Confirm daily clearance of items on the Cats Accounts.
- Compliance and Targets
- Adhere to SLAs (Service Level Agreements) and meet required performance targets.
- Ensure compliance with all bank policies.
- Incident Reporting
- Raise incidents for all system issues promptly.
- Leave and Authorization
- Discuss and seek approval for leave from Team Leader before loading on ESS.
- Authorization Signatures
- Ensure entries have the appropriate authorizing signatures for various business units.
Requirements:
- Education
- National Diploma or equivalent in Finance or Accounting.
- Experience
- At least 2 years of experience in transaction processing or a related field.
- Skills
- Excellent analytical and problem-solving skills.
- Attention to detail and high level of accuracy.
- Ability to work independently in a fast-paced environment.
Salary:
R500,000 - R700,000 per annum.
Benefits:
- Health Insurance
- Access to training and development opportunities.
- Generous annual leave allowance.
Isilumko Staffing is an equal opportunity employer and welcomes applications from diverse candidates.
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