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Reconciliations and Settlements Administrator: G4S Cash Solutions South Africa

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Job Reference: G4S/CN/R&S/VDBJL
Number of Positions: 1
Job Category: Accounting/Finance/Insurance/Commercial
Contract Type: Full Time
Salary: Market related
Location: Vanderbijlpark
G4S Region: Africa
Country:South Africa

G4S Business Unit:South Africa - Cash Solutions
Closing Date: April 25, 2017
Package Description: Remuneration and benefits will be commensurate with the seniority of the role and in compliance with company remuneration policy and practice.

Job Introduction:

Reconciliations Administrators

G4S Cash Solutions has a vacancy for a Reconciliations and Settlements Administrator based in Vanderbijlpark.

Reporting to the Team Leader: Reconciliations, the Recons Administrators are responsible for ensuring the accurate and timorous administration/completion of the reconciliation process in line with company policies and procedures.

The successful incumbent is a self-starter with a proven track record in maintaining company policy, adopting best practices, and is able to exercise sound judgement in the pursuit of the achievement of the goals of the organisation, and understanding the role which support plays within a successful business unit. The incumbent will be expected to be results driven and to live the values of the organisation.

Role Responsibility:

Quality control, review and support on branch reconciliations

  • Review overall quality of branch level reconciliations
  • Administration of banking systems – new users, user changes etc
  • Monitor, compile and check daily bank recons
  • Check that the correct balances have been used in all reconciliations.
  • Choose random items to request and validate the entries on the recon.
  • Ensure that branch employees adhere to policies and procedures and report on non-adherence.
  • Assist and guide branches

Accurate, timely and completion of designated reconciliations

  • Counter-check that the correct balances have been used in all reconciliations at national level.
  • Choose random items to request and validate the entries on the recon.
  • Review and check validity on month end recons, report non adherence / issues
  • Review age analysis and follow up on anomalies
  • Manage the bank recons and treasury recons and ensure submission to Head Office

Resolution of queries and provision of support on outstanding reconciliation matters

  • Assisting branches with cash processing recons and resolving queries
  • Assist with daily operational / finance admin issues / queries pertaining to cash processing and related activities
  • Visits to branches as required
  • Provide training for new staff / up-skill existing staff to assist in query resolution

Compilation of reconciliation reports as per current reporting requirements

  • CP12, weekly cash count report
  • Compilation of National, regional, branch level reports in line with non-compliance with procedure
  • Assist with investigations in irregularities.
  • Bank user rights reports
  • Any other Group/Africa or adhoc reports as requested
  • Assist with year-end audit in provision of supporting documentation and information

The Ideal Candidate:

Knowledge, Skills and Attributes

  • Knowledge of administrative procedures
  • Knowledge of reconciliation procedures
  • Knowledge of Cash Management Centre processes
  • Knowledge of company policies and procedures
  • MS Office Computer skills
  • Acting professionally
  • Communication (written and verbal)
  • Supporting and working with others
  • Delivering objectives
  • Sharing and cooperating
  • Dealing with changing circumstances
  • Understanding the organisational environment
  • Attention to detail
  • Work under pressure

Minimum qualification & experience

  • Diploma or Financial Qualification
  • 3-5 Years relevant working experience in reconciliations, would be deemed appropriate for this level position
  • Previous Cash Management Centre experience would be highly beneficial
  • Solid understanding of ERP/Accounting packages – SAP would be advantageous
  • Computer Literacy in MS Office Packages essential, with specific reference to intermediate Excel
  • Exposure/experience dealing with banking systems

We welcome applications from all suitably qualified candidates, but SA citizens or those with a valid SA work permit, will have a distinct advantage.

About the Company:

G4S is the world’s leading international security solutions group, which specialises in secure outsourcing in countries and sectors where security and safety risks are considered

a strategic threat. G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen.G4S has operations in more than 120 countries and more than 620, 000 employees. For more information on G4S, visit

G4S operates in over 26 countries in Africa and employs over 120 000 people on the continent.

At G4S South Africa, our vision is to be recognised as the leader in providing security solutions. We therefore endeavour to build and maintain a motivated, capable workforce who are proud to work for our region and able to deliver our commercial strategy. We continue to build on the excellent people management practices which are in place across the Group in order to fully engage our workforce. Our employees are the public face of G4S and we recognise and respect the value they add to the business by delivering excellent service day after day.

G4S is an organisation which is defined by its values, which are:


  • Safety First - We prioritise safety management to protect the health and well-being of our colleagues and those around us.
  • Performance - We seek to improve performance year-on-year to create long-term sustainability.
  • Integrity - We can always be trusted to do the right thing.
  • Best People - We employ the best people, develop their competence, provide opportunity and inspire them to live our values.
  • Teamwork and Collaboration - We collaborate for the benefit of our customers and G4S.
  • Expertise - We develop and demonstrate our expertise through our innovative approach to creating and delivering the right solutions.
  • Customer Focus - We have close, open relationships with our customers which generate trust and we work in partnership for the mutual benefit of our organisations.

One of the G4S Group’s core values is to ensure we employ the Best People. We strive to develop our employees’ competence and inspire them to live our values. G4S ensures that we provide our employees with opportunities for growth and development within a dynamic and challenging business environment. 
At G4S South Africa, we place great value on attracting and retaining the best people at all levels, to ensure the continued success of the organisation.


-26.7069 27.8363

Please Note: The application deadline for this job has now passed.