Plant, Equipment and Machinery Appraiser/Valuer at Auditor-General of South Africa

Key performance areas includes:

• Independently conducting own assessments and valuations of plant, equipment and machinery, cognizant of all value forming factors in line with professional guidelines and reporting standards and providing expect advice on:
• The appropriateness and reasonability of the Client’s anticipated capital expenditure on plant, equipment and machinery in order to validate against the applicable industry norms.
• The functional, economic, physical obsolescence, etc of plant, equipment and machinery including the impact and implications thereof on the organisation's physical collateral register.
• The forecast of total and remaining economic life and value of plant, equipment and
• machinery including the impact and implications thereof on the organisation's physical collateral.
• The variance between the Client’s and own independently determined estimated capital expenditure costings, envisaged process improvements, etc, including making recommendations for adherence to industry norms and best practices.
• The appropriateness of the envisaged plant and equipment installation strategy,
• methodology, programme and deliverables against set programme milestones.
• The risks inherent in the clients’ plant and equipment projects including making
• recommendations for risk mitigation
• The validity and accuracy of reviewed valuation reports of the physical assets prepared by others
• The required continuous improvement on the department’s process, procedures, templates, etc.
• To maintain relevant records and relations in support of expertise, expert knowledge.
• Report writing and presentations at internal and external committees.
• Manage effective interaction with SBUs and Departments.
• Maintain and enhance current knowledge and awareness of valuation and other effective practices.
• Contributes to planning, co-ordination and management of team outcomes.
• Review external valuation reports, conduct internal peer reviews and guide instillation of a culture of best practice.
• Provide expert advice and guidance to SBU’s, Departments, Business Partners, the organisation's Executive and Board.
• Build and maintain influential relationships with stakeholders (internal and external) to create, promote and maintain good professional engagement.
• Support the formation and implementation of the strategic objectives and operational plans of the unit, and the presentation thereof to key decision making stakeholders within the Corporation.
• Foster a culture consistent with the Corporation’s values

Qualification and Experience

Qualifications:

• Diploma or Bachelor’s Degree in Engineering
• Registered Member of Royal Institution of Chartered Surveyors (RICS), and or American Society Appraiser (ASA) will be an advantage

Roles and Responsibilities

Selection criteria:

• 8 – 10 years' experience in plant, machinery and equipment appraisal
• Work experience in mechanical / industrial engineering and/or financial services industry will be an advantage