Corporate Finance Director at Tiger Brands

THE JOB AT A GLANCE:

You will be the face of the Corporate Finance function. In addition, you will also be responsible for the group’s insurance portfolio and management of the group’s long-term share incentive scheme. In performing your duties, you will work in close partnership with the Finance, Tax, Treasury, Corporate Strategy and Human Resources functions within the Group. When it comes to Corporate Finance, you will also work with outside advisors, including legal and corporate banking.

RESPONSIBILITIES

WHAT YOU’LL BRING TO THE TABLE:

Key Attributes and Competencies

• All-rounder with technical prowess across all functions within the corporate finance space
• Good understanding of the broader implications of Corporate Finance activity on the business
• Superior analytical skills & attention to detail
• Strong leadership, interpersonal and communication skills
• Must be able to work independently with “internal customers” and outside consultants/stakeholders
• Focused on finding solutions and seeking continuous improvement opportunities in process
• An innate ability to navigate through complex situations with superior negotiating skills

WHAT YOU WILL DO:

M&A activities

• Manage relationship with the Strategy function, particularly ensuring the provision of adequate due diligence support and other M&A assistance
• Assistance to the group’s venture capital fund
• Valuations
• Liaison with transaction & legal advisors
• Inputs to, and review of, transaction documents (incl offers, purchase agreements)
• Investment Committee & Board presentations
• Ad hoc corporate finance projects

Insurance

• Own relationship with insurance broker
• Oversight of annual insurance premium renewal (including review of insurance declarations,  insurance questionnaires, etc)
• Attendance of monthly operational meetings
• Monitoring of insurance claims
• Review & payment of insurance premiums
• Governance of insurance structure (including attendance of shareholder/board/premium allocation meetings)
• Attendance of Operational Risk and Risk & Sustainability Committee meetings

Share Scheme

• Measurement of performance conditions
• Liaison with HR re allocations and vesting of LTI instruments
• Liaison with actuaries/finance function on IFRS2 valuations
• Support to HR (including interpretation of LTIP rules)
• Inputs on Remuneration Report
• Ad hoc attendance of Remuneration Committee meetings

QUALIFICATIONS

ESSENTIAL SKILLS & QUALIFICATIONS:

• CA(SA) preferred
• Strong commercial experience in Corporate Finance
• A well-developed understanding of the Insurance industry.

WHAT YOU WILL BE MEASURED ON:

• Completeness of due diligences
• Accuracy of valuations
• Effectiveness (incl cost) of insurance programme
• Accurate/timeous advice to all stakeholders
• Identification of opportunities that may improve the company’s capital structure/return on financial assets
• Internal customer satisfaction