Nedbank South Africa: Payments Administrator

Nedbank is one of the largest banks in South Africa, however it is one of the newest banks to be incorporated in South Africa. Nedbank South Africa recruits Payments Administrator

Payments Administrator
135 Rivonia Road – Sandton

Job Purpose:
• To accurately and consistently process all GTSS invoices and payments whilst adhering to time and procedural requirements and ensuring good financial governance according to GAAP principles.

Functions/ Key Responsibilities

Processed Invoices:
• Receive all invoices required for payment and capture on the Excel schedule.
• Process invoices according to procedure by verifying required detail and capture on the required system.
• Forward invoices to Payments Manager and Senior Payments Administrator for first approval and update the schedule.
• Forward invoices to Financial Officer for second approval.
• Record receipt back of invoices from Financial Officer and make copies of invoices before forwarding to Group Finance.
• Monitor on the NTE system to verify if payments were made by Group Finance.
• Handle payment related queries from stakeholders and follow up with Group Finance for payments.
• File invoices accurately and according to procedure once payment has being made by Group Finance.
• Compile month end reports and forward to Payments Manager.

Processed ATM and Scheduled Payments:
• Follow up monthly, according to schedule on the receipt of ATM billing invoices from sites.
• Process invoices according to procedure by verifying required detail and capture for first approval on the required system.
• Forward invoices to Payments Manager for first approval and update receipt back according to a schedule.
• Forward invoices to Financial Officers for second approval.
• Record receipt back of invoices from Financial Officer and make copies of invoices before forwarding to Group Finance.
• Monitor on NTE system to verify if payments were made by Group Finance.
• Handle ATM payment related queries and follow up with Group Finance for payments.
• File invoices accurately and according to procedure once payment has being made by Group Finance.
• Compile month end reports and forward to Payments Manager.

Processed Staff Claims:
• Process all GTSS staff claims accurately, timeously, according to requirements and staff polices.
• Process monthly paymaster recoveries for overtime and IT related costs.
• Compile month end staff claims reports and forward to Payments Manager.
• Handle staff claim related queries.
• File staff claims accurately and according to procedure.

Processed Foreign Currency Invoices:
• Process invoice payments of GTSS vendors issued in foreign currency according to signed contracts.
• Forward invoices to Payments Manager for first approval.
• Forward with required documentation to Global Department for approval.
• File forex contracts accurately and according to procedure once payment has being made by Group Finance.
• Follow up for payments made. Handle foreign currency invoice queries.

Reconciled GTSS Current and Branch Account:
• Reconcile GTSS income and expenses in current account by allocating to appropriate branches and accounts.
• Process the reconciliation of foreign advances to staff by debiting the required branch.
• Process recovery of costs for LAN administration according to branch allocation.

Requirements:

• Matric with higher grade accounting.
• Basic Financial Diploma.
• 1 years experience in general financial processing department.
• Business travel with private vehicle occasionally required.

Competencies:
• Tolerance for Routine
• Integrity
• Client Service
• Team work
• Attention to Detail
• Policy & Procedural knowledge
• HR policies

This position will be filled in accordance with Nedbank’s Employment Equity policy.

Click here to apply online:

https://www.jonti.co.za/?p=view_vacancies&more=10579&and=Wl_F1cXqM_RveUozLzc