SBV Services Hiring Now: Cash Processor (Fixed-Term Contract) – Apply Today!

SBV Services invites suitably qualified applicants to apply for their Cash Processor (FTC) vacancies. This is a short-term contract position based in Bloemfontein, offering a great opportunity for individuals who are detail-oriented, reliable, and passionate about working in the cash-handling industry. If you have strong numeracy skills and a commitment to accuracy, this could be the perfect fit for you.

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A Trusted Name in Cash Management

SBV Services is South Africa’s leading cash management and logistics company — trusted by major banks, retailers, and businesses to handle cash securely and efficiently. Joining SBV means becoming part of a professional team that values precision, integrity, and teamwork.

As a Cash Processor, you’ll play an important role in ensuring that client deposits, payroll, and change requests are received, counted, processed, and reconciled accurately. Every transaction you handle helps keep South Africa’s cash flow moving smoothly.

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What You’ll Be Doing

The Cash Processor position involves handling, sorting, and processing cash in a fast-paced, secure environment. You’ll be responsible for maintaining accuracy and compliance at every stage of the process.

Here’s what you’ll be expected to do:

1. Receiving Cash

• Receive and acknowledge client deposits on the relevant systems.
• Ensure all work follows SBV policies and security procedures.
• Eliminate potential risks to both the company and customers through careful handling and verification.

2. Prepping Cash for Processing

• Inspect containers and bags for damage or tampering and report any irregularities to the Team Controller.
• Acknowledge all bags on the system accurately.
• Process deposits according to Bank Service Level Agreements (SLAs) and Standard Operating Procedures (SOPs).
• Prepare notes correctly to enable smooth counting and reconciliation.

3. Note Sorting

• Sort all deposits and notes for FDP/ACDP processing within the required cutoff times.
• Forward rejected notes to the Cash Processor with the related documentation (deposit slip, stop loss bag, and PCD cards).

4. Reconciliation of Deposits

• Reconcile all rejected notes to confirm accuracy and detect any counterfeit or damaged currency.
• Handle all shortages and surpluses as per SOPs.
• Complete end-of-day balancing and reconciliation for all processed cash.
• Transfer balanced cash to vaults securely.

5. Coin Processing

• Sort and process bulk coin deposits and teller coin transfers according to SBV standards.
• Maintain accuracy when handling coin sachets and related documentation.

6. Integrated Deposit Processing

• Verify and validate transactions through integrated banking systems.
• Report any account mismatches to the Client Services team to prevent posting delays.
• Escalate system delays or downtime to your Team Controller immediately.

7. Payroll and Change Handling

• Process all payroll and change requests within the customer’s SLA timeframes.
• Report discrepancies or errors to the Team Controller right away.
• Pack and seal floats in drop-safe bags and follow dispatch procedures precisely.
• Ensure bank authorization is obtained before dispatching.

8. Prepack and Treasury Assistance

• Pack and unpack ATM and bank cash accurately.
• Keep consumables stocked and organized according to packing needs.
• Ensure bag and seal numbers are properly recorded for every transaction.

9. Equipment Management

• Use all counting and packing equipment carefully according to SOPs.
• Report any equipment malfunctions or defects immediately to prevent delays.

In this role, accuracy and consistency are crucial. Every deposit you process must meet the highest standards of precision and security.

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What You’ll Need to Qualify

SBV looks for candidates who can handle responsibility and pay close attention to detail. The following qualifications and skills are required:

Minimum Requirements:

• Grade 12 (Matric) with Mathematical Literacy.
• 6 to 12 months of cashier or teller experience is advantageous.
• Successful completion of SBV Cash Processor Training (preferred).

Skills and Competencies:

• Excellent numerical ability and attention to detail.
• Ability to follow strict operational and security procedures.
• High sense of responsibility and integrity when handling cash.
• Ability to work under pressure and meet deadlines.
• Good communication skills and teamwork attitude.
• Reliable, trustworthy, and physically capable of handling cash bags and boxes.

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Why You Should Join SBV

At SBV, you’ll be part of a company that plays a vital role in South Africa’s financial system. You’ll work in a professional, secure environment where precision, teamwork, and discipline are key.

This fixed-term contract gives you valuable hands-on experience in the cash-handling sector — experience that can open doors to long-term opportunities within SBV or the broader financial industry.

Employees at SBV benefit from structured training, clear procedures, and strong leadership. You’ll also gain practical exposure to how large-scale cash operations function, making this role ideal for anyone interested in banking, finance, or logistics.

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Job Details

• Job Title: Cash Processor (Fixed-Term Contract)
• Location: Bloemfontein
• Reference Number: Cash Processor BFN
• Work Level: Skilled
• Job Type: Contract (Short-Term)
• Salary: Market Related
• Employment Equity: No

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How to Apply

Interested candidates should apply directly through the SBV Careers Portal by searching for the Cash Processor (FTC) – Bloemfontein position using the reference Cash Processor BFN.

Make sure your CV includes your education, work experience, and any cash-handling or banking-related training you’ve completed.

Apply as soon as possible — positions like this don’t stay open for long.