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YESYouth Cash Processor; work experience

Job in Midrand, South Africa
Listing for: SBV South Africa
Full Time position
Listed on 2026-02-28
Job specializations:
  • Finance & Banking
    Financial Controller
Job Description & How to Apply Below
Position: YES4Youth Opportunity Cash Processor (12month work experience

Description

  • Receive deposits and update applicable systems.
  • Comply with all policies and procedures to eliminate any possible risks to the company and the customer.
Receive Cash
  • Receive deposits.
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 reconciliation 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 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 authorization prior to dispatching as per SOP.
Prepack/Treasury
  • Assist with the accurate packing and unpacking of Bank and ATM Cash.
  • Manage consumables in line with packing requirements.
  • Confirm that the bag and Seal numbers are properly recorded.
Manage Equipment
  • Utilise equipment according to Standard Operating Procedures (SOPS), protecting and taking care of company assets.
Governance
  • Subscribe and align to SBV Services' ISO 9001:2015 Quality Management Standards, ensuring the department’s processes and quality management system is at all times in compliance with the standard.
  • Support SBVs ESG journey, reporting on and managing the ESG requirements to ensure a positive reflection and outcome.
Drive the organisation culture
  • Drive the…
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