Transnet is the largest and most crucial part of the freight logistics chain that delivers goods to each and every South African. Transnet freight rail has approximately 38 000 employees, who are spread throughout the country. Transnet Limited, operating and controlling South Africa’s major transport infrastructure, is also responsible for ensuring that the country’s transport industries operate according to world-class standards. Transnet forms an integral part of the Southern African economy.
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The key purpose of the job is to assess and evaluate investment opportunities/projects for commercial viability and alignment to TRANSNET strategic focus and make recommendations on optimal funding structures for such opportunities.
Position Outputs
Assess investment opportunities/projects and make recommendations to the relevant business units on financial viability of these benchmarking to best practice and pre-agreed TRANSNET parameters.
Identify financial and funding risks for investments/projects and recommend mitigations for these risks to contribute positively to financial sustainability of TRANSNET.
Develop and maintain strategic relationships with financial institutions, corporate finance advisors and other intermediaries for optimal execution of projects/investments.
Review financial models with emphasis on reasonability of assumptions used and robustness of the model to evaluation of projects and investment opportunities, making conclusions on the impact of these on the financial statements of TRANSNET, i.e. contribution to revenue; cash flow and balance sheet.
Review financial models prepared by regulated entities and make recommendations for improvements and sign off.
Develop due diligence plans and execute the due diligence for investments/projects, with emphasis on the ability of the projects to meet strategic objectives of TRANSNET using appropriate project management principles.
Mobilize, co-ordinate and guide (act as a mentor) internal and external financial resources for appraisal of projects/investment opportunities.
Utilize expert knowledge (financial market, macro-economic environment sector, BBB-EE policies and other Government policies) to support, lead team in identifying and suggesting/recommending appropriate mitigation measures on key risk issues.
Develop, negotiate and recommend to governance structure innovative/optimum/appropriate finance and legal structures for each investment deal ensuring long term sustainability/viability of the project to the benefit of TRANSNET.
Provide input to legal department on commercial terms to be included in legal documents and review the legal documents to ensure proper implementation of the commercial and financial objectives.
Monitors performance of the investments done with the support of Corporate Finance, and recommend improvements where the investment is not performing according to initial plan.
Provide support for the research and benchmarking of information to determine key ratios for TRANSNET; and review and updates the inputs to the WACC calculation annually.
Contribute to the development and continuous review of governance documents including policies and perform adhoc activities as and when required.
Qualifications and Experience
BCom Degree, CA or CFA is required At least 7 years’ finance experience of which 4 years must be complex deal making experience A generalist in area in corporate finance with some experience in private equity Requirement of Trust and Honesty in the handling of Finances as per the National Credit Act Amendment 19.