SFO: Card Issuing at Nedbank

Job Purpose


To generate; analyse and report reliable; meaningful financial and non-financial information to support the requirements and decision making of the business; in line with Nedbank's strategy.


Job Responsibilities

Card Issuing & Association Accounting


Manage finance activities for card issuing, focusing on Visa and other card schemes (Mastercard, Amex, Bankserv)
Process and monitor interchange and scheme-related costs and revenues
Reconcile card scheme invoices to ensure accuracy and completeness
Perform monthly journals, reconciliations, and GL processing
Support the monthly financial close for the card business


Card Product Financial Support


Analyse financial performance of credit, debit, and cheque card products
Provide insights on revenue, cost drivers, and profitability
Ensure accurate and relevant card-related financial reporting


Reporting & Analysis


Prepare and deliver monthly financial reports and variance analysis
Provide clear financial insights and commentary to stakeholders


Stakeholder Engagement


Partner with internal teams to support card finance activities and decision-making
Resolve financial queries and ensure accuracy of reported information


Continuous Improvement & Governance


Identify opportunities to improve processes, controls, and reporting
Ensure compliance with financial policies, controls, and regulatory requirements


Essential Qualifications - NQF Level


Advanced Diplomas/National 1st Degrees


Preferred Qualification



Bachelor of Commerce: Honours - Accounting



Minimum Experience Level


3 - 5 years' experience in financial accounting or finance roles
Experience in reconciliations, financial reporting, and journal processing
Exposure to card issuing, payments, or card schemes (Visa, Mastercard, etc.)
Advanced Microsoft Excel skills (e.g., Pivot Tables, lookups, working with large datasets)
Experience working with interchange fees, scheme billing, or high-volume financial transactions


Technical / Professional Knowledge


Administrative procedures and systems
Banking procedures
Cluster specific operations
Data analysis
Governance, Risk and Controls
Relevant regulatory knowledge
Relevant software and systems knowledge
Business writing skills
Microsoft Excel
Microsoft Powerpoint


Behavioural Competencies


Building Customer Loyalty
Communication
Decision Making
Initiating Action
Managing Work
Quality Orientation


Closing Date: 26 May 2026