Listing Reference: SBV-CASHPROC-2025
Listing Status: Open
Position Summary
- Company: Confidential (Cash Management Services Provider)
- Industry: Security / Financial Services / Cash-In-Transit
- Job Category: Cash Processing / Teller Operations
- Location: South Africa – National Branches
- Contract Type: Permanent or Fixed-Term (Branch Dependent)
- Remuneration: Market-related salary with benefits
- EE Position: Yes – Employment Equity Applicable
- Closing Date: Ongoing Recruitment
Introduction
A leading cash management services provider is looking for detail-oriented and dependable individuals to join their operations team as Cash Processing Officers. This role is critical in ensuring the secure and accurate handling of large volumes of cash, supporting both local and national financial institutions, retailers, and commercial clients.
If you have a passion for working with figures, a strong sense of integrity, and the ability to follow processes precisely, this position offers a rewarding career path with growth opportunities in South Africa’s secure financial services sector.
Job Description
As a Cash Processing Officer, your primary responsibility is to ensure that cash is received, verified, sorted, counted, and reconciled accurately and efficiently within a highly secure environment. You will support various cash streams, including ATM replenishments, payroll preparations, and deposit processing on behalf of major banks and retailers.
The position involves:
- Receiving sealed bags/containers of cash and updating information on the cash management system
- Checking and acknowledging deposits and prepping them for processing
- Performing note sorting and reconciliation, including identifying counterfeit or mutilated notes
- Preparing floats, packing payroll bags, and managing cash for treasury and ATM operations
- Ensuring accurate end-of-day balancing and documentation
- Escalating discrepancies to team leaders or controllers
- Operating machinery, resolving jams, and maintaining workstations
- Following SOPs for security, compliance, and quality management
This role is suitable for individuals with a strong sense of responsibility and accuracy.
Ideal Candidate
The ideal candidate for the Cash Processing Officer position is someone who:
- Has excellent numerical skills and attention to detail
- Understands the importance of confidentiality, especially in high-value environments
- Can work under pressure and maintain focus while handling large volumes of physical cash
- Has previous experience as a cashier or teller in a retail or banking environment (advantageous but not essential)
- Is physically fit, as the role may involve standing, lifting, or moving containers of cash
- Takes pride in following procedures exactly, without shortcuts
- Is punctual, reliable, and eager to work within a high-security operation
- Thrives in a structured environment and works well as part of a team
This role is a great fit for anyone seeking long-term employment in a secure and highly regulated environment.
Role Responsibility
Cash Processing Officers will be responsible for executing a wide range of cash-handling tasks, including:
Receive Cash
- Acknowledge and verify incoming deposits using company systems
- Ensure all packages are intact and report anomalies immediately
- Handle all transactions securely and in compliance with SOPs
Prepare Cash for Processing
- Inspect containers for tampering
- Process deposits according to the SLA of each banking client
- Prep the workstation for efficient and safe note counting
Note Sorting
- Sort notes for processing or deposit return (FDP/ACDP)
- Use cameras and deposit boards to document bundles
- Identify and set aside counterfeit or damaged notes
- Complete daily production and reconciliation sheets
ACDP Reconciliation
- Manually verify rejected notes
- Perform transfers to vaults as needed
- Report shortages or surpluses according to policy
Desktop Deposit Processing
- Separate and balance all deposits by customer
- Perform accurate data capture and update on all systems
- Ensure end-of-day reconciliation is completed
Coin Processing
- Count, bag, and balance coins by denomination and client
- Operate and clear jams on coin sorting machines
- Balance coin bins and submit variances to Team Controller
System Integrated Processing
- Validate transactions integrated with banking systems
- Escalate mismatches or delays in deposits
- Ensure accurate linkage between deposits and bank accounts
Payroll and Change Prep
- Pack payroll floats and ensure correct denominations
- Process payroll entries within client SLA timeframes
- Obtain approvals and authorizations as per procedure
Prepack & Treasury
- Pack bank and ATM cash precisely
- Manage consumables such as seals and bags
- Record and verify all bag and seal numbers
Equipment Handling
- Clean and maintain machines before and after each shift
- Report breakdowns or performance issues
Governance & Compliance
- Follow ISO 9001:2015 quality standards
- Support environmental, social, and governance (ESG) initiatives
- Maintain full audit trails and process visibility
Organisational Culture
- Uphold company values and inspire confidence through ethical conduct
- Support change initiatives by following newly implemented procedures
- Attend workshops and internal briefings
Skills and Attributes
Successful candidates will demonstrate:
- Strong numerical ability and attention to detail
- Good communication and team collaboration
- High levels of integrity and accountability
- Ability to work shifts, weekends, and overtime
- Proficiency with basic computer systems and data entry
- A professional attitude in a structured, high-pressure setting
- Physical fitness to handle repetitive or manual tasks
- Adaptability to new procedures or security protocols
Qualifications and Requirements
To qualify for this role, candidates must meet the following criteria:
- Matric (Grade 12) with Mathematics Literacy
- At least 6 months’ experience in a cashier or teller position (preferred)
- South African citizenship
- Must be able to pass a criminal and credit check
- Ability to work in secure, regulated environments with high-value assets
- Willingness to work shifts and weekends as required
Security and integrity are non-negotiable for this role, and only applicants with clean criminal records will be considered.
Application Process
Interested applicants must:
- Prepare an updated CV
- Include a certified copy of their ID and Matric certificate
- Submit any relevant experience or cashier certifications (if applicable)
Applications can be submitted online through the company’s careers portal, or via their recruitment service provider.
Note: Due to high volumes of applications, only shortlisted candidates will be contacted. If you do not hear back within 14 working days, consider your application unsuccessful.
Final Note
If you’re looking to establish a career in cash processing, operations, and secure financial services, this role offers a structured environment, growth potential, and the opportunity to contribute to one of South Africa’s most essential logistics sectors.
With daily interaction with banking systems, ATM prep, coin handling, and payroll packaging, this is more than just a job—it’s a gateway to a stable and respected career in the cash management industry.
If you meet the requirements and are eager to work in a secure, high-integrity environment, apply now and take the next step in your professional journey.