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LAND BANK VACANCIES
LAND BANK
COMPLIANCE SPECIALIST
Details
Closing Date 2026/01/13
Reference Number LAN251120-1
Job Title Compliance Specialist
Division Land Bank Insurance Company
Unit LBIC
Job Type Classification Permanent
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Job Advert Summary
(Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.
MAIN PURPOSE OF THE JOB
To support the Complaince Officer and the Head of the Compliance Control Function in ensuring that LBIC and LBLIC (LBI) complies with all relevant statutory, regulatory and supervisory requirements which relate to the Insurance, Operational Standards as well as policies and procedures.
Key Performance Areas
1. Completion and submission of regulatory returns
- Identify all applicable returns
- Compile a checklist for all regulatory returns with due dates
- Produce a monthly compliance checklist
- Co-ordinate and collate all the returns timeously from various stakeholders
- Submit statutory returns on or before due date
- Identification of all LBI applicable policies and procedures
- Review all applicable policies and procedures and ensure that issues of non-compliance are communicated to the affected areas
- Ensuring that areas of non-compliance are tracked until resolution
- Evaluate proposals and review against compliance criteria
- Compile and provide compliance related advice to management in respect of existing and new business
- Communicate the regulatory universe and risk profile to relevant stakeholders
- Communicate the implications of the regulatory to senior management
- Develop, review, coordinate and facilitate approval protocol and implement policies and procedures within area of responsibility
- Facilitate the development, review, approval and implementation of appropriate internal organisational policies, procedures and controls in line with business requirements and regulatory requirements in order to strengthen corporate governance
- Engage with business stakeholders to understand business requirements and identify the need for business policies and procedures in support of business processes
- Foster and maintain compliance culture through regular appropriate communication on policies
- dentification of all legislation applicable to LBI
- Populating Compliance Risk Management Plans for each applicable legislation
- Ensuring that each provison is risk rated and controls are identified and recorded accordingly
- Ensuring that each action plan on the CRMP is tracked until resolution
- Identification of all new and upcoming regulatory requirements applicable to LBI
- Creating awareness to the LBI Business Units on all new and upcoming regulatory requirement
- Creating awareness to the LBI Business Units on all new and upcoming regulatory
- Represent the the organization on governance compliance related matters and various forums.
- Participate in industry body to ensure alignment of compliance methodology and influence national trends in compliance risk management.
- Identification of all new and upcoming regulatory requirements applicable to LBI
- Creating awareness to the LBI Business Units on all new and upcoming regulatory requirement
- Identify all applicable regulatory training
- Draft and present a training plan to the Head of the Compliance Control Function
- Ensure that staff regulatory training is scheduled ast per the training plan
Preferred Minimum Education and Experience
- Bachelors Degree in Finance or Law
- 3 years Financial Services Industry
- 3 years Compliance Management experience within financial services
Critical Competencies
- Knowledge of financial services industry
- Knowledge of life and non-life legislative framework
- Compliance Management Principles and Processes
- Management of the Compliance Risk Management Plans
- Knowledge of Business Principles
- Knowledge and interpretation skills of all applicable legislation to the Insurance business and ability to communicate these at all levels.
Additional Requirements
- Travel as and when required
- Extended hours as and when required
Policy
Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Land Bank.
PLEASE APPLY HERE
ACCOUNTANT FINANCIAL BUSINESS PERFORMANCE
Details
Closing Date 2026/01/09
Reference Number LAN251217-1
Job Title Accountant Financial Business Performance
Division Finance and Treasury
Unit Finance
Job Type Classification Permanent
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Job Advert Summary
Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.
MAIN PURPOSE OF THE JOB
Responsible for consolidated Business Performance reporting which includes consolidated insights and analysis as well as standardisation of reporting and reporting frameworks, and standardisation of practices and internal team processes to ensure the meeting of monthly, quarterly and annual reporting requirements. Further responsible for financial modelling, consolidated revenue assurance & balance sheet substantiation reporting, cost recovery model implementation and continued maintenance., authorise electronic payments and generating customer Certificate of Balance.
Key Performance Areas
1. Maintenance of a full cost recovery model in the Group.
- Support the development, implementation and maintenance of cost recovery model for the Bank through:
- An in-depth understanding of the business costs and driver analysis
- Validation of drivers with Business with the intention of utilising inputs in the development of an activity based costing model
- Develop and monitor the Activity Based Costing Model
- Support the EXCO Cost Recovery Model approval process
- Manage the cost recovery model, practices and processes
- Enable the delivery of the forecasting and planning process for the business performance team which includes:
- Providing communication support
- Distribution of budget/forecast guidelines,
- Adhoc data collection support
- Update and maintain financial models and update forecasts based on various strategic operating metrics.
- Support the compilation of consolidated budget Presentation (including commentary) for Exco and Board approval after reviews by Head of Business Performance and the CFO
- Track and identify efficiency improvement opportunities of all internal reporting processes
- Review, update and maintain internal models i.e. Cost Recovery, Budgeting and Forecasting models, liability solution model
- Review Service Levels Agreements (SLAs) against internal processes and manage accordingly with business stakeholders
- Maintenance and updating of Liability Solution model
- Support the automation of reports through various solutions available to the Bank
- Support the monthly pack consolidation process through collection and validation of all data and information required for the pack to be presented to the Head of Business Performance.
- Work with Finance Business Partners and Broader business to identify potential reporting risks and information dependencies
- Enabling and support the reporting process
- Finance Business Partnering
- Reviewing of existing processes and procedures to develop recommendations for business improvement
- Reviewing and updating of organisational action plans on Business Unit’s risk register;
- Capturing of operational new risks identified for Business Performance.
- Resolution of audit matters raised for business performance BU and other BU’s if required
- Receive payments from the Finance and Administration business unit duly validated and authorised by respective business unit leaders per applicable DOP.
- Review documentation for proper authorisation in terms of DOP to effect payment.
- Review supporting documents and captured data per payment procedure
- Release funds from designated bank accounts to vendors/clients
- Perform recalculation of accounts using correct methodology as per policy and procedures, ensuring correct downloads and correct basis are used for the calculations.
- Perform higher level calculations of accounts i.e. Insolvencies, Judgement / Legal Status.
- Validate information and provide assurance in the form of printable summaries of the complete detailed recalculations, for Court /Attorney/Debt collection /client purposes.
- Validate accounts in the form of COB’s on all legal matters and issue instruction based on verifications performed for final closure of accounts.
- Ensure adequacy of audit trail and approval of memo’s for each of these cases.
- Participate in planning and co-ordinating identification and scope of Finance and data projects using a good understanding of SAP systems and processes.
- Process purchase requisitions in the SAP MM system.
- Perform budget checking on the purchase requisition
- Ensure that correct cost centres are used
- Ensure that all purchase requisitions are released timeously
- Review deliverables against the orders/contracts.
- Follow up with the Procurement Department on the status of any orders.
- Process the goods receipt in the SAP MM system
Preferred Minimum Education and Experience
- CA(SA)
- Must have completed audit articles
- Registered with accounting professional body e.g. SAICA
- 5 years post articles - Finance Business Partnering, Financial reporting and management accounting as well as Business Strategy and Analysis
Critical Competencies
- Sound knowledge of the reporting requirements as prescribed by IFRS & IAS regulations
- Financial analysis, insights generation
- Financial Reporting Software Packages(SAP, SAP-BI etc)
- Business Acumen
- The ability to deal with ambiguity
- Microsoft Office- Excellent Excel skills including financial modelling
- Effective Communication
Additional Requirements
- Travel as and when required
- Extended hours as and when required.
Policy
Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Land Bank.
PLEASE APPLY HERE