Job Description

Job Details
Closing Date 2024/03/27
Reference Number SHO240318-3
Job Title Bank Reconciliation Clerk
Job Type Permanent
Location - Country South Africa
Location - Province Western Cape
Location - Town or City Brackenfell, Cape Town
Purpose of the JobThe purpose of the Bank Reconciliation Clerk is to process allocations and perform reconciliations of various bank accounts timeously and accurately. The role participates in verifying the accuracy and completeness of bank accounts. Effective handling of queries from internal departments, stores and external stakeholders relating to bank account entries. Reporting to the Cash & Banking Accountant, the role is accountable for participating in the required support activities.Job Advert Details
Job Category Finance
Job Objectives

• Allocation of bank account entries to relevant general ledger, debtors, and creditors accounts
• Clearing of bank control accounts
• Error handling of electronic interfaced or manually captured bank statements
• Reconcile control accounts to ensure accuracy of debtor and creditor subledgers and general ledger accounts
• Investigate unreconciled transactions and resolve reconciliation queries
• Provide Treasury department with summary of bulk cash withdrawals for cash flow purposes
• Calculate and process journals for bank charges, interest, and other accruals
• Reconcile processed work by verifying entries and comparing system reports to balances.
• Reconcile bank account balances in general ledger to external bank statements and investigate any differences
• Ensure accurate and efficient management of stakeholder details in accordance with company policies, PCI, FICA and POPIA guidelines.
• Maintain accurate financial records
• Resolve internal and external stakeholder queries efficiently and effectively in a professional manner.
• Ensure that all daily, weekly, monthly duties and deadlines are timeously met
• Perform ad hoc administrative and other tasks - as required.

• Must have an Accounting Diploma or equivalent
• Banking certification xe2x80x93 (preferred).

• +3 years of relevant experience in a financial, administrative or similar role - (essential).
• Microsoft Office 365 - Outlook, Excel - (essential).
• Exposure to and an understanding of corporate and retail orientated environments - (preferred).
• Accounting package exposure to SAP - (preferred).
• Additional exposure and understanding of the below areas will be considered as highly beneficial:
• Procedures and risks related to cash/electronic deposit and payment processes
• Transaction reconciliation including but not limited to cash deposits, withdrawals, electronic settlement and payments.
• Internet banking

• Banking retail knowledge
• Administrative Support Skills xe2x80x93 understand the requirements to control and process departmental data and documentation. Ability to use the systems applicable to an office environment. Understand the appropriate administrative processes and procedures, including the maintenance of files and records.
• Self-motivated and driven with strong integrity xe2x80x93 take accountability for actions and mistakes.
• Time Management xe2x80x93 committed to timeliness in attendance, staying on task with high work ethic
• Working with people xe2x80x93 pleasant personality with the ability to build trusting relationships with internal and external stakeholders.
• Teamwork and positive partnerships xe2x80x93 a strong team player with partnering skills.
• Working with numbers xe2x80x93 comfortable with numbers and reconciliations.
• Planning and organising, operational efficiency xe2x80x93 someone who can spread themselves across multiple tasks simultaneously by working smartly, efficiently and effectively. Diligently staying on top of the details and understanding how they fit into the big picture.
• Time management xe2x80x93 ability to prioritise a high volume of activities simultaneously.
• Attention to detail xe2x80x93 able to spot mistakes in own work and the work of others.
• Strong communication - ability to communicate effectively and clearly and to use discretion regarding what information needs to be shared with various stakeholders, including problem reporting to management
• Writing and reporting skills xe2x80x93 understanding the importance of accurate, effective and professional communication
• Adapting and responding to change xe2x80x93 able to work under pressure and in a fast paced, changing environment.

Shoprite Holdings