Officer: Reconciliation (6 month contract)

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Date: 9 Jan 2026

Location: Sandton, ZA

Company: Capitec Bank Ltd

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below.

Purpose Statement

To ensure the accurate and timely reconciliation of Nostro accounts by identifying, investigating, and resolving discrepancies between internal records and correspondence bank statements, thereby safeguarding the bank’s cash position, ensuring financial integrity, and supporting regulatory and operational compliance.

Experience

Minimum:

  • 2-3 years’ experience in Financial Services, with exposure to 
    • Banking/Finance GL and Reconciliations 
    • Systems / Nostro (in case of systems reconciliation) 
    • Forex / Global Markets  

Ideal:

  • 3+ years’ experience in a banking and/or Forex environment, of which 2 should be in a Reconciliation role.

Qualifications (Minimum)

  • A relevant qualification in Accounting - Financial Accounting or Commerce

Qualifications (Ideal or Preferred)

  • Bachelor's Degree in Accounting - Financial Accounting or Commerce

Knowledge

Minimum Knowlege 

  • Knowledge of Operational Risk

• In case of general reconciliations:

o Code of Banking Practice, FICA & Money laundering Act.

• In case of systems reconciliation

  • Nostro reconciliation and investigations knowledge 
  • Knowledge and compliance with Company Policies and Procedures & legislation including SA Reserve Exchange Control regulations, payments, standards, cut-off times, etc.

• Knowledge of accounting and reconciliation processes knowledge and understanding of Accounting and Reconciliation concepts (understand entries and be able to do account reconciliations).

• Strong understanding of Forex divisions and operations, including FX deal origination, trade execution, confirmations, settlements, reconciliations, and regulatory compliance processes.

• Knowledge of:

o Basic BaNCS

o TCS

o SWIFT

o SAP

 

Ideal Knowledge

• Banking Policies and Procedures

• BaNCS / BaNCS Treasury

• Knowledge of Nostro recon processes (general reconciliation)

• Knowledge of Forex/Global Markets environment

Skills

  • Communications Skills
  • Numerical Reasoning skills
  • Attention to Detail
  • Problem solving skills
  • Computer Literacy (MS Word, MS Excel, MS Outlook)

Conditions of Employment

  • Clear criminal and credit record

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.