Plant, Equipment and Machinery Appraiser/Valuer - Technical Services at IDC

Key performance areas include:

Independently conducting own assessments and valuations of plant, equipment and machinery, 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 IDC’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 IDC’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.
• 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.

Qualification and Experience

Qualifications

• Degree or N. Dip in Engineering or NQF6 or equivalent (Minimum ECSA candidacy)
• Registration - ME201
• Registered Professional Engineer with the Engineering Council of South Africa (ECSA), Member of Royal Institution of Chartered Surveyors (RICS), American Society Appraiser (ASA) will be an advantage

Knowledge & experience

• 5 - 8 years' experience in plant, machinery and equipment appraisal
• Work experience in mechanical / industrial engineering and/or financial services industry will be an advantage