Corporate Finance Specialist (uMnotho Fund) at National Empowerment Fund

Job description

Undertake business development and position NEF as the preferred lender for BBBEE transactions focusing on WEF, Youth, People with Disabilities, and 3rd Party transactions

• Initiate and develop new business strategies and opportunities 
• Maximise 3rd party funds committed for investment implementation 
• Responsible for ensuring proposals are timeously declined or if commercially viable, are processed quickly and effectively; to ensure fast turnaround times 
• Proactively identify investment partners and opportunities 
• Create a pipeline of development impact projects 
• Appraise new investments and support the Team 
• Manage the due diligence process and monitors related documents according to the required standards. 
• Ensure that the department meets the quarterly and annual targets on approvals, commitments and disbursements as per the approved targets 

Dealmaking and execution of investment opportunities

• Implement investment strategy and philosophy 
• Lead and manage the whole investment process 
• Assist the team in performing detailed analysis of investment opportunities, including commercial analysis, financial modelling and risk and pricing and NEF mandate 
• Deal screening 
• Preliminary appraisal of deal 
• Deal structuring, pricing and negotiation of term sheet 
• Conduct Due diligence 
• Industry and sectoral research analysis 
• Motivation of investment thesis 
• Facilitation of contracting 
• Oversee disbursements to approved projects as well as monitor a project’s progress post investment
• Ensure deal closure by taking responsibility for optimal financial, institutional and legal structuring 
• Provide innovative and flexible financial structures for complex transactions 
• Ensure that all disbursement files are reviewed for completeness before release to Fund Manager 
• Identify opportunities to initiate viable projects, project origination through the facilitation of project preparation, and business plans with the intention of providing funding 
• Development, training and mentoring of the team 

Investment Reporting

• Review Investment reports and make sure they are of good quality prior to submission 
• Prepare Investment Committee (FMIC, FMTPFC, EXCO IC, Board IC and Board of Trustees) papers on investment opportunities for consideration 
• Present investment proposals that fit with NEF’s investment strategy to EXCO, IC and NEF Board of Trustees 

Build and maintain good customer relations with key strategic partners

• Periodically visits key stakeholders and maintain communication with clients in order to keep good client relations 
• Facilitates proper project documents submission for the purpose of governance with regards to the project progress appraisal process. 
• Participate in Steering Committees and Boards of the various projects/businesses 

Investment management

• Manages the implementation of investments process for maximum return on investment 
• Monitors the disbursement in accordance with the NEF processes 
• Manage relationships with the relevant project stakeholders, partners, and lead promoters, in accordance with the project’s objectives

Minimum requirements

Qualification Requirements

• B. Com Hons Degree with specialization in Accounting and/or Business Finance
• CA (SA) or MBA an advantage

Experience / Skills Required

• Minimum of eight years’ experience in deal making environment 
• Minimum of three years people management experience 
• Due Diligence analysis and exposure 
• Financial Modelling tools 
• Project Management