Title:  SFO: Card Issuing

Job Classification

Req#: 145549

Location: Sandton, Gauteng

Closing Date: 26 May 2026

Talent Acquisition Specialist: Noli Madikane

Job Family

Finance

Career Stream

Leadership Pipeline

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

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

Behavioural Competencies