Momentum Investments Payment Support Administrator 2026: Matric Job in Sandton With Finance Experience Required
Momentum Investments has opened a Payment Support Administrator vacancy within its Finance department in Sandton, Gauteng.
The permanent position is suitable for candidates with Grade 12/Matric or NQF Level 4, combined with relevant experience in payment processing, Forex trading and settlements, financial markets or stockbroking.
The vacancy carries the reference number MMH260813-7 and has a stated closing date of 18 August 2026.
Importantly, this is not simply an entry-level administration position. Momentum is looking for candidates with specialist experience in payment processing and financial-market operations, including exposure to BDA and eCube.
Momentum Investments Payment Support Administrator Job Overview
| Job Detail | Information |
|---|---|
| Company | Momentum Group / Momentum Investments |
| Position | Payment Support Administrator |
| Reference Number | MMH260813-7 |
| Department | Finance |
| Role Family | Finance |
| Cluster | Momentum Investments |
| Employment Type | Permanent |
| Location | Sandton, Gauteng |
| Remote Work | Some of the time |
| Minimum Qualification | Grade 12 / Matric / NQF Level 4 |
| Closing Date | 18 August 2026 |
| Industry | Financial Services / Investments |
What Does a Payment Support Administrator Do?
The Payment Support Administrator will provide payment administration support within Momentum Securities.
The role involves processing payments, receipts and journals while making sure transactions are completed accurately and within the required timeframes.
The successful candidate will also work with internal departments, clients, service providers and senior payment administrators.
Because the position involves financial transactions, accuracy and attention to detail are essential. Candidates must be able to follow established procedures and financial controls while identifying discrepancies and resolving payment-related issues.
Key Responsibilities
Payment Administration
The successful candidate will be responsible for:
- Processing payment transactions according to established procedures.
- Ensuring payments are accurate and complete.
- Processing transactions within required deadlines.
- Verifying banking details before payments are processed.
- Processing receipts and journals accurately.
- Assisting with payment-related administrative activities.
- Handling ad hoc payment requests when required.
Financial Controls and Reconciliation
Responsibilities will also include:
- Conducting daily checks across banking accounts.
- Monitoring reconciling items between banking systems and BDA.
- Identifying discrepancies.
- Assisting with resolving outstanding reconciliation items.
- Following established financial controls and procedures.
- Maintaining accurate records and supporting documentation.
- Helping to minimise payment and operational risks.
Back-Office Support
The Payment Support Administrator will also:
- Assist the Back Office Manager with payment authorisation processes.
- Work closely with the Senior Payment Administrator.
- Assist with departmental schedules.
- Support efficient payment processes.
- Ensure processes are followed in line with internal procedures.
Stakeholder Management
The position involves regular communication with:
- Internal departments.
- Clients.
- Service providers.
- Senior payment administrators.
The successful candidate should be able to respond professionally to payment-related questions and requests while maintaining good working relationships.
Momentum Investments Payment Support Administrator Requirements
The minimum educational requirement is:
Grade 12 / Matric / NQF Level 4.
However, candidates should not interpret this as a typical Matric-only vacancy.
The position has several specialist experience requirements.
Applicants should have:
- 2–3 years’ experience in payment processing.
- 2–3 years’ experience in Forex trading and settlements.
- At least 1 year of experience working with BDA and eCube.
- Experience in financial markets or stockbroking.
- Knowledge of JSE processes and eCube.
- An understanding of Forex trading and settlements.
Relevant financial-services experience is considered advantageous.
Why the Experience Requirements Matter
For job seekers, one of the most important details in this vacancy is the difference between the minimum qualification and the actual experience requirements.
Although Matric is sufficient as the stated educational qualification, Momentum is seeking someone who already understands specialised financial operations.
Experience with payment processing, Forex settlements, BDA, eCube and financial markets can therefore be more important to the employer than simply having a Matric certificate.
Applicants who do not have this specialist experience should carefully assess whether they meet the advertised requirements before applying.
Technical Skills Required
Candidates should have knowledge or proficiency in:
- Microsoft Word
- Microsoft Excel
- Microsoft PowerPoint
- Windows
- BDA
- eCube
- Financial markets
- Payment processes
Strong Excel skills can be particularly useful in finance-related administration because reconciliation and transaction monitoring often involve reviewing and comparing financial information.
Personal Skills Momentum Is Looking For
Momentum is also looking for candidates who demonstrate strong workplace competencies.
Accuracy
The employee must be able to identify errors and maintain a high level of accuracy when handling financial information.
Analytical thinking
The role requires candidates to examine information, identify discrepancies and assist with resolving financial issues.
Following procedures
Financial-services operations depend heavily on established controls and processes. Candidates should be comfortable working within defined procedures.
Organisation
Payment activities can be time-sensitive, meaning candidates need to prioritise tasks and meet deadlines.
Initiative
The successful applicant should be able to identify issues and take appropriate action rather than waiting for every problem to be escalated.
Confidentiality and integrity
Financial and client information must be treated professionally and confidentially.
Working under pressure
Payment operations can involve urgent requests and strict deadlines, so remaining calm and effective is important.
Teamwork
The role involves working with different departments, clients and service providers.
What Makes This Job Important?
Payment administration may operate behind the scenes, but it is an important part of financial-services operations.
Investment and financial-services organisations process large numbers of transactions, making accurate payment instructions, banking information, reconciliations and records essential.
A payment error can create delays, operational problems and financial risks.
This explains why Momentum places considerable emphasis on accuracy, financial controls, reconciliation and attention to detail for this position.
Payment Support Administrator Salary Comparison
One important point for applicants is that Momentum has not disclosed a specific salary for this vacancy in the information provided.
Therefore, readers should not assume that a particular salary figure represents the official Momentum package.
For comparison, publicly available South African salary data provides some useful benchmarks for similar roles.
Recent salary information for Financial Administrators has placed average earnings at around R14,000 per month, while salary information for Payments Administrators in Johannesburg has shown figures around R20,000 per month.
Other 2026 salary comparisons for Accounts Payable and Receivable Officer positions have placed typical earnings around R17,000 to R20,000 per month.
Salary comparison table
| Comparable Role | Indicative Salary |
|---|---|
| Financial Administrator | Around R14,000/month |
| Payments Administrator – Johannesburg | Around R20,000/month |
| Accounts Payable/Receivable Officer | Around R17,000–R20,000/month |
| Momentum Payment Support Administrator | Salary not disclosed |
These figures are market comparisons rather than a salary guarantee from Momentum.
Actual remuneration can vary depending on experience, responsibilities, qualifications, employer policies and the overall benefits package.
The specialist experience required for this Momentum position also means that comparing it directly with a basic administration job may not provide a complete picture of its potential market value.
Career Opportunities in Financial Services
The position could be particularly relevant for candidates who want to develop a career in South Africa’s financial-services industry.
Experience in payment processing, reconciliations, Forex settlements, financial markets and investment administration can provide exposure to several areas of financial operations.
Candidates who build strong experience in these areas may eventually explore opportunities in areas such as:
- Payments administration.
- Settlements.
- Reconciliation.
- Investment administration.
- Banking operations.
- Financial-market operations.
- Forex operations.
- Stockbroking support.
- Back-office financial services.
The exact career progression will depend on an individual’s qualifications, performance, experience and future opportunities.
About Momentum Group
Momentum Group is a South African financial-services organisation offering solutions across areas including investments, savings, financial protection and employee and member solutions.
Momentum operates through a number of specialist and client-facing businesses serving individuals, businesses and organisations.
The group also provides career and development opportunities across different areas of its business.
How to Apply for the Momentum Payment Support Administrator Vacancy
Applicants interested in the position should search for the vacancy using the official details:
Job Title: Payment Support Administrator
Reference Number: MMH260813-7
Location: Sandton, Gauteng
Closing Date: 18 August 2026
Candidates should use Momentum’s official careers platform to confirm the vacancy and submit an application.
Before applying, make sure that the vacancy details match the advertised position.
Applicants should also ensure that their CV clearly highlights relevant experience, particularly:
- Payment processing.
- Forex trading and settlements.
- BDA.
- eCube.
- Financial markets.
- Stockbroking.
- Banking operations.
- Reconciliation.
How to Improve Your Application
Candidates applying for specialised finance positions should avoid submitting a generic CV if possible.
Instead, highlight experience that directly matches the advertised requirements.
For example, if you have worked with payment processing, clearly explain the type of transactions you handled.
If you have experience with reconciliations, explain what systems or processes you used.
Candidates with BDA or eCube experience should make this visible in their CV rather than assuming the recruiter will identify it from a general job description.
The same applies to Forex settlements and financial-market experience.
Important Scam Warning for Job Seekers
Job seekers should be particularly careful when applying for financial-services vacancies.
Never pay someone to secure a job, interview or application.
Be cautious if anyone claiming to represent Momentum asks for:
- An application fee.
- A recruitment fee.
- Money for training before employment.
- Payment to secure an interview.
- Banking passwords or PINs.
- Unnecessary financial information.
Always verify the vacancy through the company’s official recruitment channels before submitting sensitive information.
Who Should Apply?
This opportunity is most relevant to candidates who already have experience in financial operations.
You may be a strong match if you have experience in:
- Payment administration.
- Banking operations.
- Forex settlements.
- Financial markets.
- Stockbroking.
- Investment administration.
- Reconciliations.
- Payment processing.
- Financial transaction administration.
Candidates with only Matric and no relevant financial-services experience should understand that the vacancy includes substantial specialist experience requirements.
Closing Date
The stated closing date for the Momentum Investments Payment Support Administrator position is:
18 August 2026
Applicants should avoid waiting until the final day.
Vacancy information can change, and employers may update or close recruitment processes according to their hiring requirements.
Frequently Asked Questions
Is Matric required?
Yes. The advertised minimum qualification is Grade 12, Matric or NQF Level 4.
Can someone with Matric and no experience apply?
The minimum qualification is Matric, but the position also requires 2–3 years of payment-processing experience and 2–3 years of Forex trading and settlements experience, plus other specialist requirements.
Is the position permanent?
Yes. The advertised employment type is permanent.
Where is the position based?
The position is based in Sandton, Gauteng.
Is remote work available?
The vacancy indicates that employees can work remotely some of the time.
What is the reference number?
The reference number is MMH260813-7.
What salary does Momentum pay?
The salary has not been disclosed in the vacancy information provided. Independent market benchmarks for comparable roles range from approximately R14,000 to R20,000 or more per month, depending on the role and experience.
When does the vacancy close?
The stated closing date is 18 August 2026.
Sources and References
The article is based on the supplied vacancy information and publicly available information from relevant company and salary-information sources.
Key references include:
- Momentum Group official corporate information.
- Momentum official careers information.
- Momentum recruitment and job-seeker guidance.
- Public salary information for Financial Administrator positions.
- Public salary information for Payments Administrator positions in Johannesburg.
- 2026 South African salary comparisons for finance-related positions.
Salary figures in this article are presented as independent market benchmarks and not as an official Momentum salary.
Editorial Transparency
This article has been independently structured and written to provide additional context around the vacancy rather than simply reproducing the original job advertisement.
The article separates confirmed vacancy information from salary estimates and general career analysis.
Where the employer has not provided a salary, this article does not present an estimated figure as an official salary.
Last updated: 14 August 2026.
Disclaimer: Vacancy information, requirements and closing dates can change. Applicants should verify the latest information through Momentum’s official recruitment channels before submitting personal information. This article does not guarantee employment, interviews or a specific salary.
Final Takeaway
The Momentum Investments Payment Support Administrator vacancy offers an opportunity for an experienced finance professional to join the investment and financial-services environment in Sandton.
While Matric/NQF Level 4 is the minimum qualification, the vacancy is clearly aimed at candidates with specialist experience in payment processing, Forex trading and settlements, BDA, eCube and financial markets.
For applicants who already possess these skills, the permanent position could provide valuable experience in investment-related financial operations.
Job: Payment Support Administrator
Company: Momentum Investments
Reference: MMH260813-7
Location: Sandton, Gauteng
Employment: Permanent
Closing Date: 18 August 2026