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Johannesburg: CFID Cash and Position Recons Officer – 6 Months posted by Isilumko Staffing

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Job Description

About the Role

We are seeking a highly skilled and detail-oriented individual to join our team as a Cash Reconciliation Specialist in Johannesburg. The successful candidate will play a crucial role in ensuring accurate and timely reconciliation of cash transactions for various Trading desks post Settlement date (S+1). We are looking for an experienced professional with strong analytical skills, attention to detail, and excellent communication skills.

Key Responsibilities

  • Perform the cash reconciliation functions for multiple Trading desks post Settlement date (S+1).
  • Investigate outstanding cash items to ensure accuracy and completeness.
  • Monitor outstanding cash items and strive to resolve them within 2 days, excluding certain items like interest, reserving costs, etc.
  • Escalate outstanding items to the appropriate channels when required.
  • Collate all cash data for Management Information (MI) reporting after completing reconciliations.
  • Forward reconciliation reports to the relevant audiences in a timely manner.
  • Ensure all process documents are kept current and up to date.
  • Provide excellent customer service to internal and external clients, addressing inquiries and concerns promptly.
  • Stand in for staff as required, especially during leave/sick leave, ensuring the continuity of critical reconciliation tasks.
  • Provide assistance to management as and when required, contributing to the efficiency and effectiveness of the CFID Reconciliation area.

Requirements

  • 3 years experience in cash reconciliation or a related field
  • Strong analytical and problem-solving skills
  • Excellent communication and customer service skills

Qualifications

  • Bachelor’s degree in Finance, Accounting, or a related field

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Banking Jobs in Gauteng

The banking industry in Gauteng, South Africa is a dynamic and growing sector, with a strong demand for skilled professionals. Typically, job seekers in this field can expect to find opportunities across various sectors, including financial services, technology, and manufacturing. Generally, the industry outlook remains positive, with a common expectation of steady growth and expansion.

When it comes to salary expectations, banking positions in Gauteng typically fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. For instance, entry-level positions may start around R400 000 per annum, while senior roles can exceed R800 000. However, please note that these figures are approximate and can vary significantly depending on individual circumstances.

Common skills required for banking roles in Gauteng include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, and a solid understanding of regulatory requirements. Other essential skills often include technical expertise in areas such as accounting, risk management, or compliance. Additionally, many employers place a high value on emotional intelligence, creativity, and adaptability.

The banking industry is commonly found in sectors such as financial services, technology, manufacturing, and corporate finance. Financial services companies, for example, are often major players in the industry, while technology firms may require banking professionals with technical expertise. Manufacturing sector banks also exist, catering to the needs of specific industries.

Career development opportunities abound in the banking industry, with many positions offering clear career progression paths. Typically, entry-level roles can lead to senior management positions or specialized fields such as risk management or compliance. Opportunities for professional development, training, and mentorship are often available within organizations, allowing professionals to build expertise and advance their careers.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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