Settlements Administrator: G4S Deposita South Africa Samrand Market related

Settlements Administrator: G4S Deposita South Africa

Location: Samrand |
Salary: Market related |
Posted: 20 Jan 2022 |
Closes: 26 Jan 2022 |
Job Type: Full Time and Permanent |
Business Unit: South Africa - Cash Solutions |
Region / Division: Africa |
Reference: G4S/TP/7620013/219506

Remuneration and benefits will be commensurate with the seniority of the role and in compliance with company remuneration policy and practice.


Job Introduction:

Settlements Administrator

G4S has a vacancy for a Settlements Administrator based in Samrand, Midrand.

The Settlements Administrator is responsible for ensuring the accurate and timely administration/completion of the settlement payments 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:

Identification of no response transactions from previous day

  • Timely and accurate daily undertaking of report processes involved in identification of failed transactions.

  • Timely and accurate sending of required documentation to ABSA for transactions identified above.

Creation of manual transactions using CashOps

  • Consistent processing of mail requests for manual transactions.

  • Accurate creation of manual transactions using CashOps.

  • Follow-up and confirmation of creation of manual transactions.

Submission of journals to ABSA (No Upload, No Response)

  • Accurate compilation of journal using CFR and set formats prescribed by ABSA.

  • Journals must be sent on a timely basis to ABSA within the agreed cut-off times.

Creation of Smartec transactions on CashOps

  • Accurate creation of Smartec payment instructions using prescribed details for payment.

  • Follow-up and confirmation of successful payment instruction.

Reconciliation of CFR report on daily basis

  • Report must be completed on a daily basis.

  • Used for identification of manual transactions above.

  • Accurate report keeping.

Management of issues identified via CFR (Downs, CIT collections, etc)

  • Sending communication to relevant parties based on issues identified from processes above.

  • Resolution and confirmation of issues resolved and pending resolution.

Client Queries

  • Assistance with client queries by email or telephonically.

  • Initiating the correct procedure to resolve client queries identified from above processes.

Consolidation of various G4S branch payments

  • Management of G4S branches for adherence to processes with regards to G4S Tidel 360 client.

  • Compilation and accurate sending of payment instructions for 360 Tidel clients.

  • Accurate record keeping.

Health and Safety (Health and Safety is every employee's responsibility)

  • Participate in the design/ development/ review/ implementation and monitoring of the branch/region/national safety plans for each year.

  • Participate in safety forums created by company for example safety meetings and safety talks

  • Report all safety incidents to the relevant people

  • Discuss all safety incidents on all levels

  • Follow-up on any activities assigned through safety meeting/committee/representative/management

  • Attend safety education and refresher programs

  • Comply with safety policies and procedures at workplace

  • Distribute safety information as and when required

  • Wear protective clothing all the time

The Ideal Candidate:


Minimum Requirements:

  • Matric with maths or accounting 

  • Diploma or Degree highly advantageous

Knowledge, Skills and Attributes:

  • Knowledge of basic finance and reconciliation procedures

  • Knowledge of bank reconciliations and settlements

  • Knowledge of basic finance and reconciliation procedures

  • Knowledge of bank reconciliations and settlements

  • Work under pressure

  • Dealing with changing circumstances

  • Attention to detail

  • Sharing and cooperating

About the Company:

G4S is the world’s leading international security solutions group, which specialises in outsourced business processes in 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 125 countries and 657,000 employees. 

G4S operates in over 25 countries in Africa and employs over 105 000 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. 

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

  • We act with Integrity and Respect - Our business activities and relationships are built on trust, honesty and openness. We do what we promise and always strive to do the right thing. We listen. We treat our colleagues, customers and those in our care with the utmost respect.

  • We are passionate about Safety, Security and Service Excellence - We are passionate about working safely and take great care to protect our colleagues and customers from harm. We are experts in security and use that knowledge to protect our customer’s assets. We keep our promises and are passionate about delivering high levels of customer service.

  • We achieve this through Innovation and Teamwork - We invest in technology and best practice to continuously improve the products and services we offer. We challenge ourselves to find new ways of helping our customers achieve their goals. We work together as a team, valuing everyone’s contribution, to ensure we achieve the best results for our customers and our business.

For more information on G4S, please visit: www.g4s.com 

Advanced Search: