Director: SOE Invstment Management at Department of Communications and Digital Technologies (DCDT)

REQUIREMENTS :

• An appropriate NQF level 7 qualification in Accounting / Financial Management / Economics / Finance / Development Finance / Development Studies or relevant equivalent qualification as recognised by the South African Qualifications Authority.
• A minimum of five (5) years’ experience in Business Investment environment at middle / senior managerial level. 

DUTIES :

• The purpose of the post is to manage, facilitate and support the investment strategies and initiatives and financial sustainability of SOEs. The successful candidate will manage the Investigation/research of policy, local and international guidelines appropriate to investment in SOEs and funding thereof and establish an investment and capital structuring governance framework aligned with government policy and priorities. Manage the assessment of investment strategies, initiatives, CAPEX projects, mergers and acquisitions, including applications in terms of Section 54 of the PFMA, for financial viability, recommend and support implementation for the sustainability of SOEs.
• Manage the Investigation/research, assessment and support for appropriate capital structuring strategies, equity and debt (including repayments) and requirements for state funding allocation and guarantees. Support the implementation and monitor progress of capital structuring strategies and CAPEX projects, mergers and acquisitions, assess performance and risks (including cost escalations and time delays) and recommend.
• Manage the facilitation of the appropriate funding (MTEF, Guarantees, Adjustment Estimates of National Expenditure) of Telecommunications & IT Sector SOEs and monitor their financial sustainability. Manage the analysis of financial reports to monitor financial accountability, transparency and risks of the SOEs on investments, CAPEX and capital structures and support compliance with applicable financial reporting standards and regulations. Manage the processes of facilitating the Minister’s execution of oversight responsibilities over the BBBEE Council, including analysis of reports and making recommendations. Contributing to key result areas such as strategic functional leadership, manage financial resources, driving change and operational excellence and manage compliance.