Money Transfer Services Manager - SAPO in Pretoria

Job Title: Manager: Money Transfer Services

Reports to:
SENIOR MANAGER:
MONEY TRANSFER SERVICES

Summation:
To facilitate, direct and integrate cash flow management regarding the transfer of all money transfer products and to be responsible for compilation of procedures and policies regarding money transfer products.

Key Responsibilities:
•Manage the following modules as the financial system owner:o Money & Postal Order,Cash on Delivery,Agency Business,Pension pay-out,Lotteries,Customs and Treasury
•Ensure accurate accounting in financial statements for all treasury products
•Update and develop financial policies and procedures for money transfer products
•Ensure electronic bank statements are received and uploaded to SAP correctly; and that the main accounts balance to bank statements
•Reconcile deposits made by branches and cashbooks
•Reconcile all electronic payments of PO Box and Private Bag rental
•Accounting for all deposits made by Branch Managers
•Weekly reconciliation of bank and postlink files to identify discrepancies that may have occurred
•Responsible for daily electronic transfers from the Post Office bank account into External Clients bankaccount (+-R 60 million daily) and daily cash flow managing. Responsible for delivering daily statements to external clients.
•Manage social grant advances received from Government agencies and reconciliation of payments
•Responsible for the financial settlement of daily counter transaction between Post Bank and the South Afric an Post Office
•Generate meaningful account statements drawing on combination of manual and automated systems to effect accurate payments and debt collection in respect of money transfer products.
•Compile budget annually, and manage approved budget monthly
•Reconcile designated GL accounts, and resolve line items accordingly, and clearing GL accounts within benchmarks
•Ensure adequate management and development of money transfer staff, performance management
•Ensure the efficient management, control and compli ance of function / resources in accordance with the stipulations of the PFMA, fraud prevention and risk management principles, corporate governance, legislation, company policies, processes, regulations, etc

Job Requirements/Knowledge:
•Financial Degree B. Comm degree(NQF L5/6)
•Five years financial/accounting experience in a corporate environment
•SAPO Product knowledge
•Accounting procedures
•Knowledge of the FINSAP, SAPO Point of Sale and Central/Data Base system
•Electronic banking system
•Third party agency clients and products including contracts
•Computer literacy
•Operational procedures

Skills:
Analytical, Accuracy, Numeracy, Management, Conflict management, Problem solving, Creative thinking, attention to detail, Communication, Project management

Attributes:
Positive, fast responding, Consistence, Investigation, Zero -tolerance to error, Open minded, Willing to take responsibility for decisions, Active listener, Team player, Completion of task, Work under pressure

How to apply:
SEND CV TO:
The Business Unit:
Recruitment and Selection
Attention:
Mamathe Tsolo
P.O. Box 2042
Corporate Post Office, 0074

Deadline: 05 August 2013