Chartered Accountant Trainee Programme – South African Reserve Bank

The South African Reserve Bank (SARB) invites passionate, innovative, and talented applicants to apply for its 2025 Chartered Accountant (CA) Training Programme.

Job Summary

Job Identification: 482

Job Category: Learnership

Duration: 3 years
Locations: Head Office, Pretoria, Gauteng

Apply Before: 31 July 2024

Job Description

The aim of the programme is to address the shortage of CAs in the SARB and in the country.

Trainees will be given an opportunity to acquire competencies prescribed by the South African Institute of Chartered Accountants (SAICA), reinforce prior academic education, and develop business acumen, life skills, and professional and ethical values.

Format of the Programme:

Trainees will be placed on rotation in various departments and subsidiaries of the SARB, thus obtaining practical experience and a good overview of the business of central banking.

Duration of the Programme: Three years (starting in February 2025).

Job Requirements:

To be considered for the programme, candidates must:

• Have completed or be in the process of completing a SAICA-accredited:
  • Certificate in the Theory of Accounting (CTA); or
  • Postgraduate Diploma in Accounting (PGDA) or an equivalent qualification; and
• Post passing the CTA or PGDA, be eligible to write the Initial Test of Competence (ITC) Board examination.
• Have an academic performance record average of at least 60%.
• Be a South African citizen.

Additional Requirements Include:

• Strong analytical skills
• Attention to detail
• Good communication and interpersonal skills
• Curiosity, self-motivation, and resilience.

Application Process:

To apply for this position, click here to access the online form and follow the instructions provided.

If the post has expired or the link no longer works, you can search for other jobs at www.jobsandmore.co.za.

About the South African Reserve Bank:

Primary Mandate of the SARB:
Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:
The primary objective of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic. The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour, or prejudice.

What They Do:

• Monetary Policy:
  The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.
• Financial Stability:
  The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.
• Prudential Regulation:
  The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.
• Financial Markets:
  Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.
• Financial Surveillance:
  The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system, and supporting the regulation of financial institutions.
• Payments and Settlements:
  The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.
• Statistics:
  The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.
• Research:
  Research conducted by the SARB focuses on economics, financial stability, banking, and emerging trends in finance. Our research supports policy decision-making.
• Banknotes and Coin:
  The SARB has the sole right to make, issue, and destroy banknotes and coin in South Africa.

For more information on the South African Reserve Bank, please click here.

About the SARB Academy

The SARB Academy aligns all open and customised programmes to the strategic focus areas of the SARB. The Academy maintains close working relationships with client departments to gain a deep understanding of their business needs and aims to design, source, and deliver impactful learning not only for performance improvement but also for personal transformation.

The SARB Academy Service Includes:

• Annually planned open programmes for Bank-wide strategic impact
• Customised programmes for emergent department needs or group-specific needs
• Conference design and management, and strategic discussion series and bespoke one-off events such as team alignment and strategic thinking sessions

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