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South African Reserve Bank

(1426) Procurement Contracts Administrator - FSD

full-time•Pretoria

Summary

Location

Pretoria

Type

full-time

Experience

2-5 years

Company links

WebsiteLinkedInLinkedIn

About this role

Brief description

 

The main purpose of this position is to perform administrative duties in support of good procurement contracts administration within the Procurement Division of the South African Reserve Bank (SARB).

 

Detailed description

 

The successful candidate will be responsible for the following key performance areas:

 

  • Ensure that procurement contract instructions are accurate and facilitate the hand-over of instructions to the Legal Counsel for the drafting of agreements. 
  • Record and maintain relevant procurement and contract information in the system to keep information updated and ensure data quality.
  • Facilitate the resolution of contract-related queries between the SARB’s Legal Counsel, Privacy Office, Governance Information, Cyber Security and Security Vetting Section and escalate delays where necessary.
  • Monitor and track contract instructions through to contract conclusion and continue to oversee contracts throughout their lifecycle, including performing contract close out activities. 
  • Monitor and track active third-party supplier contracts that are about to expire and assist in demand planning internally for the sourcing team ahead of contract expiration.
  • Provide general administrative support, including record keeping, to facilitate the section’s operations.
  • Capture and maintain the relevant registers to ensure accurate reporting. 
  • Collate, compile and generate accurate reports to provide management with information for decision-making on a weekly, monthly, quarterly and annual basis.
  • Collaborate with the Legal Services Department and other departments/divisions regarding new instructions, monitor their progress to completion and escalate delays where necessary.
  • Engage with relevant stakeholders within the SARB, displaying the ability to handle basic queries and to convey and explain information fluently.
  • Proactively broaden knowledge of functional area, displaying willingness to make improvements in own work and that of the division (including methods and practices). 
  • Perform work independently according to established practices, processes, rules and regulations to ensure compliance with standards, policies and guidelines when performing tasks.

About SARB

 

Primary mandate of the SARB

 

Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:

The primary object 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 WE 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.

What you'll do

  • The Procurement Contracts Administrator will perform administrative duties to support procurement contracts administration, ensuring accurate contract instructions and maintaining procurement information. The role involves monitoring contract lifecycles, resolving queries, and collaborating with various departments.

About South African Reserve Bank

The South African Reserve Bank (the SARB) is the central bank of the Republic of South Africa. It regards its primary goal in the South African economic system as "the achievement and maintenance of price stability"​. The South African Reserve Bank maintains that South Africa has a growing economy based on the principles of a market system, private and social initiative, effective competition and social fairness. It recognises, in the performance of its duties, the need to pursue balanced economic development and growth.

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Frequently Asked Questions

What does a (1426) Procurement Contracts Administrator - FSD do at South African Reserve Bank?

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As a (1426) Procurement Contracts Administrator - FSD at South African Reserve Bank, you will: the Procurement Contracts Administrator will perform administrative duties to support procurement contracts administration, ensuring accurate contract instructions and maintaining procurement information. The role involves monitoring contract lifecycles, resolving queries, and collaborating with various departments..

Is the (1426) Procurement Contracts Administrator - FSD position at South African Reserve Bank remote?

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The (1426) Procurement Contracts Administrator - FSD position at South African Reserve Bank is based in Pretoria, Gauteng, South Africa. Contact the company through Clera for specific work arrangement details.

How do I apply for the (1426) Procurement Contracts Administrator - FSD position at South African Reserve Bank?

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You can apply for the (1426) Procurement Contracts Administrator - FSD position at South African Reserve Bankdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.
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