Nomonde Msewu

• The purpose of this position is to support business partners and the finance team with planning, reporting, financial analysis, transactional processing, and reconciliations.

Key Responsibilities

• Prepare monthly finance reports with actual costs and ensure that they are fully supported and explained.

• Raise monthly accruals where required for VISA card interchange, Pick’ n Pay and TFG products ensuring that all expected income and expenses is accounted for and reasonable.

• Raise Gap journals for outstanding settlements at month-end for EFT, RTC, AC & Payshap.

• Monthly monitoring, analysis, and reporting on impersonal bank accounts and updating balances on financial system.

• Processing of Core banking transactional journals including Personal Loans and MoreTyme to ensure that the Core Banking TB is aligned and updated in the financial system.

• Prepare monthly finance recons between the Core Banking TB and the financial system (SAGE TB).

• Compile & analyze operational losses report, update commentary, and distribute to the risk team and interested internal stakeholders.

• Process credit impairment journals in the general ledger.

• Load Forex payments on the FNB portal to pay foreign suppliers.

• Run the local pay cycle and expense claims to process payments.

• Compile and distribute the net fee income report to treasury.

• Act as liaison for internal and external audit and provide supporting information where required.

• Investigate and recommend on finance matters that affect the business.

• Ensure that suspense accounts are maintained and can be substantiated.

• Act as a liaison between business, operations, and finance stakeholders.

• This role operates as an integral member of the IT finance function, providing leadership in the areas of the project and fixed assets budget process, reporting and analysis, as well as providing commercial support.

Key Responsibilities

• Liaise with the accounts payable team to ensure that all expenses, including prepayments, are booked correctly and if any reallocation must be booked.

• Compile prepayments amortization report for Tech suppliers and maintain it monthly.

• Maintain Tech external contractors list, including monthly spend, contractual period and any overtime booked.

• Provide commentary and analysis on income statements for variances in spend on month on month and against the forecast & answer questions on Flash meetings.

• Create Purchase orders for procurement of IT hardware/software, bank contractors, rental invoices, travel invoices.

• Prepare recon for credit card payments and load on certify for reimbursement.

• Load supplier invoices on Sage for local and foreign vendors to facilitate payment and ensure correct GL account posting.

• Assist in procurement process Governance packs for SARB Audit, provide yearly spend for Tier 1 and 0 Suppliers.

• Act as subject matter expect to develop forecasts and budgets for all IT projects as required and take full responsibility for audits which specifically relate to IT projects.

• Maintaining the fixed assets module by supervising and recording accurately of all Assets, maintaining pertinent records, and ensuring adequate treatment of fixed assets acquisitions and retirements.

• Clear all the IT tickets on JIRA impacting fixed assets for the movement of assets, people on boardings and off boardings.

• Monitor daily net positions for Money Transfer product, post required journals at month-end and preparing the recon for review by finance manager.

• Collation and reconciliation of all assets and perform assets verification and write-offs annually.

Key Responsibilities

• Provide comprehensive administrative and secretarial support to enable day-to-day activities.

• Assisting with the compiling of annual budgets and quarterly forecasting, Maintenance of forecast and budget on Esprit and SAP Reports.

• Supports consolidation of all accounting, financial reporting, and other finance related business administration activities.

• Running SAP reports and performing cost analysis.

• Processing of insurance claims for IT Assets.

• Monthly billing/recoveries of IT expenses charged out to Business Units (including Branches).

• Processing of journal vouchers.

• Asset register, capitalization process, asset verification and asset scrapping.

• Creating purchase requisitions, assets, and peripherals.

• Good receipt of purchase orders, creating commercial, pro-forma invoices, credit notes.