Website IDC
Who we are Established in 1940, we are a national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the Economic Development Department. Our vision We aim to be the primary source of co… read moremmercially sustainable industrial development and innovation to benefit both South Africa and the rest of Africa. Our mission Our mandate is to contribute to the creation of balanced, sustainable economic growth in South Africa and on the rest of the continent. We promote entrepreneurship through the building of competitive industries and enterprises based on sound business principles. Our values Everything we do is directed by our values: Passion Partnership Professionalism Our mandate The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940) and is fully owned by the South African Government. The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War. We have contributed to the implementation of South Africa's industrial policy for more than 70 years and established, among others, the petro-chemicals and minerals beneficiation industries. We have stimulated large industrial projects in these industries – acknowledged today as the cornerstones of the country's manufacturing sector – and influenced the establishment of industries in fabricated metals, agriculture and clothing and textiles. During the 1990s, our mandate was expanded to include investment in the rest of Africa. The Mozal aluminium smelter in Mozambique was the first such venture. We secured investors from around the globe to establish a major industrial enterprise in a country plagued by decades of civil war. The smelter illustrated the viability of large projects on a continent often shunned by investors. Currently, our investments in Africa include mining, agriculture, manufacturing, tourism and telecommunications. The IDC's funding is generated through income from loan and equity investments and exits from mature investments, as well as borrowings from commercial banks, development finance institutions (DFIs) and other lenders. We align our priorities with government's policy direction and remain committed to developing the country's industrial capacity, as well as playing a major role in facilitating job creation through industrialisation. Our industrial development role As a key implementing agency of industrial policy, the IDC's activities currently centre on the National Development Plan (NDP), the New Growth Path (NGP) and the Industrial Policy Action Plan (IPAP). We identify sector development opportunities aligned with policy objectives and develop projects in partnership with stakeholders. By developing industrial capacity the IDC achieves specific outcomes. The most important of these is to enable job creation through the companies we fund. In addition, IDC funding continues to promote regional development and integration, economic empowerment of communities and growing black industrialists. The IDC remains committed to promoting environmentally sustainable growth and increasing sectoral diversity to boost the local production of goods. The corporation also plays a critical role, directly and through its sefa subsidiary, in promoting entrepreneurial development and growing the SME sector. While our funding activities focus mainly on the private sector, we work closely with different levels of government agencies and sector organisations to coordinate industry development. We also support government in other areas related to its development objectives, such as research and management of government funds allocated to achieving specific outcomes. We pro-actively develop and implement strategies in the rest of Africa to create and integrate value chains across the continent. Our aim is to use the strengths of different countries in the region to establish a more competitive industrial base. 19 Fredman Drive, Sandown PO Box 784055 Sandton, 2146
Qualifications
A post graduate or master’s degree in a relevant field such as economics, development studies, Social Science or Business administration.
Master’s degree will be added advantage.
Knowledge and Experience
8-10 years’ experience in monitoring and evaluation, preferably in a development finance or related organization.
In-depth knowledge of monitoring and evaluation methodologies, frameworks, and best practices.
Proven capability in strategy and policy development
Ability to be a thought leader on the subject matter
Excellent stakeholder management capability and ability to engage with Executives, Board and Shareholder on the subject matter
Familiarity with key development aspects, including industrialisation, green economy, sustainable investment, spatial equity, jobs creation, exports, and broad-based black empowerment.
Proficiency in data analysis software and statistical tools.
Strong understanding of quantitative and qualitative data collection and analysis methods.
Proficiency in statistical analysis techniques and data visualisation tools.
Experience in developing and implementing monitoring and evaluation frameworks.
Ability to work independently and manage complex projects.
Roles and Responsibilities
Strategic Guidance: Collaborate with IDC Senior Management to establish key performance metrics and advise Executive Committee on strategic approaches to monitoring and evaluation and approaches that are relevant to a Development Finance Institution
Strategic Planning and Oversight: Ensure alignment of SBU and Departmental strategies with overall corporate goals.
Policy and strategy design: Develop IDC’s M&E Policy and Strategy and maintain it, ensuring it is up to date and relevant to IDC’s mandate.
Framework Design: Designing and developing monitoring and evaluation frameworks aligned with the IDC’s corporate plan, strategic objectives, focusing on productive economy aspects, environmental impact, social impact, governance, and innovation.
Data Collection and Analysis: Design and manage data collection systems to track programme performance. Analyze and interpret data to identify trends, successes, and areas for improvement. Prepare regular progress reports for Exco and key stakeholders (Board and Shareholder
Championing M&E across the Corporation: Providing guidance and training to the monitoring and evaluation team and other relevant stakeholders to enhance their understanding of monitoring and evaluation principles and practices. Foster a culture within the Corporation of data-driven decision making
Compliance and Risk Management: Ensure compliance with organisational policies and regulatory requirements. Conducting regular reviews and quality checks of monitoring and evaluation processes, reports, and methodologies to ensure compliance with standards and best practices. Identify and mitigate risks associated with strategy implementation.
Stakeholder Management: Prepare a report and effectively communicate M&E findings and recommendations to all stakeholders (including Exco, IDC Board and Shareholder) and collaborate with SBU’s and Departments to develop corrective actions.
Continuous Improvement: Identifying areas for improvement in the monitoring and evaluation function, recommend innovative approaches, and contribute to the development of new measurement tools and methodologies.
Team Management: Supervise and mentor junior M&E team members (Business Analysts, etc). Foster collaboration and teamwork within the M&E team
Thought Leadership: Provide thought leadership on M&E issues within and outside of IDC
Apply via company website ( http://www.idc.co.za ) or
careers.idc.co.za