Payment Operations Specialist (Store of Value/SOV) – Government Job Vacancies in Johannesburg



We’re accepting applications for Payment Operations Specialist (Store of Value/SOV)

A store of value is an asset whose investment thesis is its ability to preserve value across time, with little to no depreciation. A store of value can be stored, saved, and exchanged in the long-term without concern that it will deteriorate in value. The purpose of this position will be to ensure financial and business objectives are met with regards to internal controls, reconciliations, financial reporting, and analysis. This will include supporting commercial and IT teams with regard to the processes and controls required from a financial perspective.

Duties & Responsibilities

  • Ensuring daily, weekly, and monthly reconciliations and reporting are performed for Store of Value products
  • Ensuring invoicing, payments, refunds, chargebacks are correct, and the allocation thereof is correct in the accounting records
  • Capturing signed off/approved reconciliations on to SAP for payment
  • Providing feedback on all relevant Business Requirement Specification documents from Business Analysts
  • Ensuring internal audit requirements are followed and where applicable policies implemented
  • Be involved in the development and flow of processes from QA to Production
  • Track daily transactional reports and reconcile to bank statements;
  • Perform monthly/weekly reconciliations required for Store of Value
  • Assist in all relevant business reconciliations between various systems used across the business
  • Resolution of queries from business and month-end processing
  • Ensure that business requirements are implemented and accounted for correctly in the system, including liaising with the commercial business team, business analysts, IT, etc.
  • Review reports accuracy and alignment with expectations based on business knowledge, also to ensure reporting has adequate information for financial recording and review purposes
  • Ensure that processes/costs are in line with the approved business case

Desired Experience & Qualification

  • Bachelor of Commerce degree
  • Minimum 3-5 years financial experience – essential
  • Payments/Financial Services industry knowledge – advantageous
  • Previous ICT (Information and Communications Technology) industries experience an advantage


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