Cash Processor ; Banking Learnership) MAHIKENG Job Mafikeng South Africa,Accounting

Position: Cash Processor Contract (Banking Learnership) MAHIKENG
Location: Mafikeng

Receive deposits and update on the applicable systems.
Comply with all policies and procedures to eliminate any possible risks to the company and the customer.

Description

Receive deposits and update on the applicable systems.
Comply with all policies and procedures to eliminate any possible risks to the company and the customer.

Receive Cash

Receive deposits and update on the applicable systems.
Comply with all policies and procedures to eliminate any possible risks to the company and the customer.

Prepare Cash on the applicable system

Check container/Bag for any damages or interferences and report all anomalies to Team Controller.
Acknowledge container/bag on applicable system.
Process all deposits in line with the agreed upon banks SLAs and SOPs on the applicable system.
Prep workstation accurately for effective and efficient note counting.

Note Sorting

Sort all prepped deposits/notes for (FDP/ACDP) on the same day, within the cut off times.
Send rejected notes to the Reject Teller together with the PCD cards, deposit slips and stop loss bag to verify and balance
Operator to write a board (client name, date, denominations & number of bundles & operator name) & show it to the camera.
Balance per deposit
Report differences to the Team Controller
Fill the production sheet
The technician to sign the downtime register on machine breakdowns
End of day bundles to be verified by Team Controller.
Daily balancing econciliation by Team controller

Reconciliation of ACDP deposits

Perform a reconciliation of all notes rejected in order to validate the information.
Manually check all rejected notes for counterfeits, dye-stained and mutilated notes
Perform cash transfers to vaults
Perform end of day balancing/ reconciliation of all cash received
Handle all transactions including shortages and surpluses according to SOPs

Desktop deposit processing

Check container/Bag for damage /tamper, report anomalies to Team Controller.
Acknowledge container/bag on applicable system.
All deposits must be kept separate per customer at all times and all deposits must be processed on the same day received by the customer.

All deposits must be processed and balanced on the applicable system
Perform end of day balancing/ reconciliation of all cash received
All transactions, including shortages and surpluses must be handled according to SOPS
Accurate prepping must be done to enable effective and efficient note counting.

Sachet and Process Coin

Process bulk coin deposits in accordance with SBV's policies and Procedures.
Sort and process teller coin transfers.
Write a board (client name, date, denomination and the operator names) & show it to the camera.
Receive and verify the money(bins), check the seal, denomination and bin register.
Count out the bags to balance with the bin page and denomination.
Cut the bags open to fill the wagon.
Clear jams on the machines.
Balance the money per client / deposit.
Report differences to the Team Controller.
Perform end of day balance/ reconciliation.

Bank system integrated deposit processing

Validate all transactions linked to system integrations as per banks SLA.
Inform client services of account numbers not linked to bank system to avoid delays in crediting the customer.
Verify deposit account number to eliminate losses or misposts.
Escalate system downtime/delayed batches to team controller.

Payroll and change

Payroll / change transactions must be processed in accordance with SLA per customer.
Report all discrepancies to the Team Controller timeously.
Floats must be sealed in drop safe bags along with float packing slips and placed into trolleys as per client.

requirement

Payroll entries to be processed within the banks SLA time frames.
Maintain all equipment by reporting any defects on equipment to the Team Controller.
Obtain banks…