JOB DETAILS:

Standard Bank Group is hiring an Officer – VAF Reconciliations who engages stakeholders such as customers, Relationship Managers, Credit, Finance and Reconciliation with issues in respect to: Suspense accounts, Tax returns, Tax Invoices, and Insurance policies. Respond to customer queries and support the sales managers to track or originate deals in CAMs for personal clients.

Responsibilities;

• Reconcile VAT Output and Input accounts. Issues Customer monthly E-Invoices on URA Portal per customer and sends the E-invoices to clients/ RMs. Ensure VAT tax invoices from Finacle per client CIF are issued
• Be the key contact for both finance and Ops reconciliations teams with respect to VAF Reconciliations.
• Verifies entries posted to ascertain correctness while posting as well as validate files disbursed to confirm correctness of end to end process
• Monthly validation of interest rates for VAF deals against approved rates to ascertain variances
• Engage the Clients/ RMs/ Customer to provide Insurance policies. Follow up on expired Insurance polices
• Attend to VAF queries Attends to walk in clients.
• Initiate and drive to simplicity, processes and procedures by recommending best practices. Highlight irregular practices and take corrective action whenever possible.

Qualifications

• First Degree Business Commerce or related.
• Alteast two years’ experience in reconciliation Suspense accounts. Basic understanding of processes and procedures.
• Exposure and understanding of general accounting principles and practices. Exposure to working within an operations and processing type environment.

Additional Information

Technical Competencies:

• Knowledge Management
• Quality Control
• Quality Management System Support
• Stakeholder Management
• Cash Reconciliation
• Data Analysis
• Financial Accounting
• Information Management

Behavioural Competencies:

• Articulating Information
• Checking Things
• Documenting Facts
• Embracing Change
• Establishing Rapport
• Following Procedures
• Interacting with People
• Managing Tasks
• Meeting Timescales
• Team Working
• Upholding Standards