SARB Chartered Accountant (CA) Training Programme 2024

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 the various departments and subsidiaries of the SARB, thus obtaining practical experience and a good overview of the business of central banking.

• Table of Content
• About South African Reserve Bank
• SARB Chartered Accountant (CA) Training Programme
• Aim and Benefits of SARB Chartered Accountant (CA) Training Programme
• Requirements for SARB Chartered Accountant (CA) Training Programme Qualification
• Application Deadline
• How to Apply

About South African Reserve Bank

The South African Reserve Bank was established in 1921 as a result of unusual financial and monetary conditions stemming from World War I (1914–1918). At the time, commercial banks issued banknotes to the public, which had to be backed by gold. But the price of gold in the United Kingdom rose and became higher than the gold price in South Africa. Therefore, a profit could be made by converting banknotes into gold in South Africa and selling the gold in London. This meant that commercial banks had to buy gold at a higher price in London (for re-import into South Africa to back their ba... continue reading

SARB Chartered Accountant (CA) Training Programme

Application Deadline	31 Jul 2024
Country to study	South Africa
Type	Internship
Sponsor	South African Reserve Bank
Gender	Men and Women

Aim and Benefits of SARB Chartered Accountant (CA) Training Programme

The SARB Academy service includes:

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

Requirements for SARB Chartered Accountant (CA) Training Programme Qualification

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%; and 
• Be a South African citizen. 

Additional requirements include:

• Strong analytical skills;
• Attention to detail;
• Good communication and interpersonal skills; and   
• Be curious, self-motivated and resilient.

Application Deadline

July 31, 2024

How to Apply

Interested and qualified? Go to South African Reserve Bank on fa-evra-saasfaprod1.fa.ocs.oraclecloud.com to apply

For more details, visit SARB website.