Qualification and Experience<\/p>\n
Qualifications:<\/p>\n
\tCA (SA) or BCom Accounting with post graduate degree e.g. BCompt (Honours)
\n\tBEng \/ BSc or similar qualification with Honours \/ post-graduate degree.
\n\tPost-graduate qualification such as MBA\/MBL will be added advantage.
\n\tProject Management Professional qualification (PMP) will be added advantage.<\/p>\n
Knowledge and Experience:<\/p>\n
\tThe candidate should have at least 8-10 years of relevant experience in post investment monitoring \/ portfolio management or evidencing experience in managing key aspects of Business Partner relationships by considering risks, mitigants and protecting financial interests.
\n\tExperience and knowledge in the portfolio management, restructurings, Due Diligence, draw downs and exit processes.
\n\tAccounting \/ relevant IFRS9, financial modelling and analysis experience will be an added advantage.
\n\tExperience in assessing the economic viability of businesses and\/or projects
\n\tSound experience in a financial environment is essential
\n\tSkills in respect of the analysis and interpretation of financial statements
\n\tSound knowledge of business and the diversity of risks that may affect businesses
\n\tGood understanding of different types of security
\n\tUnderstanding of Economic trends would be an advantage
\n\tProject management experience will be an advantage.
\n\tKnowledge and\/or understanding of BP strategic diagnostics would be an advantage
\n\tKnowledge and experience on how to help BP\u2019s execute value levers<\/p>\n
Roles and Responsibilities<\/p>\n
\tPost investment and portfolio monitoring and management of allocated portfolio of complex, technical and\/or high value Business Partners.
\n\tEnsure proper handover of Business Partners from the respective SBU is completed and all key priority and risk arears are discussed during the handover meetings.
\n\tPeriodically conduct impairment reviews and timeously prepare Business Partner credit quality assessment reports in accordance with the approved IDC guidelines and policies on allocated portfolio
\n\tConduct client visits and regular Business Partner reviews, which includes; undertaking reviews, application of funds review where applicable and AFS analysis, covenant reviews and assigning of risk rating to Business Partners where applicable.
\n\tSchedule performance monitoring feedback sessions with investee companies on a regular basis.
\n\tIdentify Business Partners, where performance is not at the required level and develop a framework to ensure regular client visits occur and a diagnostics analysis is conducted to identify areas requiring improvement and specialized assistance and interventions.
\n\tWork closely with large Business Partners in identifying areas for growth and value creation and monitoring the implementation of the value creation strategy of the investee companies.
\n\tCollate and analyse Business Partner performance data to develop a high-level Value Creation Plan, assess Business Partner performance relative to Value Creation Plan and identify when additional support is required.
\n\tEnsure that monitoring and counselling services are provided on Value Creation levers in accordance with the Value Creation Plans and that Business Partners meet the contractual and underwriting obligations.
\n\tIdentify strategic data to be collected from Business Partners to actively monitor and evaluate the implementation of such strategic initiatives.
\n\tTo provide continuous technical guidance to fellow team members in all key areas of their responsibilities.
\n\tPrepare and present credit submissions (amendments, condonations, restructurings etc.) to the relevant credit committees.
\n\tTo ensure that all necessary amendments and approvals required during the life span of the Business Partner are timeously and adequately executed and ensuring that the Business Partners meets contractual obligations and follows up if Business Partners are in breach.
\n\tTo ensure that all exit processes and other calculations on allocated portfolio of Business Partners are properly executed, working closely with e.g. Corporate Treasury and Financial Management Depts and other support departments.
\n\tTo monitor and timeously report on undrawn facilities on the allocated portfolio of Business Partners (where applicable), including the collection of data that is to be captured by the back office.
\n\tTo promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of Business Partners.<\/p>\n
Roles and Responsibilities (cont.)<\/p>\n
\tWork closely with the Legal and Technical teams to ensure timeous registration of tangible collateral and other securities.
\n\tTo analyse financial information from allocated large Business Partners on a regular basis and assess the need for initiating interventions based on the analysis.
\n\tTo work closely with the Boards and Management teams of the investee companies to ensure that the Business Partners under management are profitable.
\n\tWork closely with other members of the IDC team to ensure that the investee companies under management achieve their stated targets and forecasts.
\n\tPrepare portfolio reports as and when required on the portfolio under management, and present to all relevant portfolio risk management committees.
\n\tAssist the Manager in other duties related to the department.
\n\tRequired to travel extensively as and when required.<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( http:\/\/www.idc.co.za ) or<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"","_company_name":"IDC","_company_website":"http:\/\/www.idc.co.za","_company_tagline":"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","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-types":[12],"class_list":{"0":"post-36766","1":"job_listing","2":"type-job_listing","3":"status-publish","4":"hentry","5":"job_listing_region-gauteng","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/36766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=36766"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=36766"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=36766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}