Specialist, Variable Processing

1 week ago

Johannesburg, Gauteng, South Africa Standard Bank Full time R250 000 - R400 000 per year

Job Overview

Business Segment: Group Functions

Location: ZA, GP, Johannesburg, Simmonds Street

Job Type: Full-time

Job Ref ID: A-0001

Date Posted: 11/4/2025

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 (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 Information

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 escalate 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 Expertise

Documenting 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

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on or

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