Jobs at IDC

Qualification and Experience

• Minimum qualification: relevant commercial or technical honours degree
• 8-10 years’ related experience of which 8 years should be in deal assessment as well as closing of transactions (i.e. management of approved deals up to first drawdown, including ensuring timely conclusion of legal agreements).
• Declared competent in three due diligence disciplines (Marketing, Technical, and Financial)
• Grounded in all three disciplines
• Transaction leadership (complex deals)
• Knowledge in assessing all associated issues in a transaction (Legal, risks, etc.)
• Experience in peer review
• Experience in interpretation and analysis of financial statements
• Knowledge of the market environment and technology landscape
• Knowledge of financing instruments
• Understand and review models of proposed financial structures
• Competent in coaching and mentoring of team members.

Roles and Responsibilities
Financial / Shareholder Returns

• Evaluate and effectively structure transactions with detailed application of IDC financing instruments.
• Ensure financial soundness of all credit submissions.

Internal / Operational Processes

• Evaluate applications for finance (financial, technical and marketing disciplines)
• Deal structuring - Designing and negotiating the financial, commercial, environmental, health & safety (EHS), legal and other relationships between the client and IDC for the specific deal (where applicable).

Risk identification and mitigation

• Leading of due diligence teams on high value / complex transactions
• Deal optimization - ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
• Support the development and implementation of strategies or action plans to drive the SBU’s strategic objectives.
• Account management function up to first draw
• Prepare well written and motivated reports for presentation to the relevant Credit and other committees as required.
• Conduct peer reviews on all due diligence disciplines.
• Training, mentoring and coaching of Business Analysts and Dealmakers
• Provide advice to Business Analysts and Dealmakers in the handling of enquiries and applications

Roles and Responsibilities (cont.)
Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfil the process requirements related to any specific deal / transaction.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.
• Build and maintain a strong deal pipeline
• Proactively drive new business growth in line with specific initiatives that are aligned to the SBU strategy including plan of action in respect of cold calling, presentations, travel plan, entertaining potential clients to extend the reach of the Regional Office resulting in new applications pitched and/or approved by the IDC

Learning, Leadership & People Growth

• Provide team leadership in transactions during due diligence
• Manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional
• Coaching and mentoring team members

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Job Description

• Performs specific tasks/ activities at the IDC/ worksite and on completion of completion of allocated maintenance assignments by:
• Receiving instructions from the immediate superior/ Manager relating to details of (vehicles, documents and personnel)
• Inspecting lubricant levels on vehicles and reporting deficiencies to the immediate superior
• Loading and offloading documents, equipment observing safety procedures,
• Transporting personnel material, equipment to various locations as required/ prescribed.
• Ensure uninterrupted functionality and accomplishment of productivity targets
• Proper completion of internal transactional documentation (e.g. Daily sheets, progress reports etc., as may be required)
• Ensure that details of activities are correctly recorded for Management reporting
• Ensure full compliance with the System and Procedures as applicable.
• Safe and legal operation of a vehicle at all times
• Safe and timeous transportation of personnel, visitors and any other given task
• Ensure professional representation of the Corporation at all times
• Ensure full compliance with all applicable laws,
• Ensure that driver’s license is renewed as prescribed by law.
• Assist staff and visitors, board members as per requirements
• Maintaining confidentiality at all times,
• Ensure that the allocated vehicle is kept neat and clean at all times
• Be prepared to work after hours and weekends as may be required
• Assist and co-operate during times when fellow colleagues are on leave and training
• Be flexible to assist in deliveries to regional offices as required
• Being Flexible to perform administrative duties as required
• Assist the Fleet Supervisor with day-to-day duties as required
• Attending and participation in activities/ training as required
• Report all accidents incidents involving drivers or company assets
• Promptly report any delays due to breakdowns, weather, traffic conditions or other emergencies

Qualification and Experience

• Minimum requirement: Matric
• Possess a minimum of 2 to 5 years driving experience in a corporate environment;
• Possess a valid code 08 driver’s license, unendorsed and non-restriction based (must be licensed to drive manual and automatic transmission);
• Knowledge and strict adherence to the Occupational Health and Safety rules;
• Knowledge of applicable rules as laid down in the National Road Traffic Inspectorate Ac

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MAIN DUTIES AND RESPONSIBILITIES

Financial / Shareholder Returns

• Ensure financial soundness of all credit applications.
  Develop financial model for the assessment of financial sustainability of applicants’ s businesses
• Participate in due diligence teams ensuring that businesses are viable and sustainable.

Internal / Operational Processes

• Efficient management of allocated applications for funding, liaising with applicants, conducting basic assessments, resolving queries from applicants and conducting due diligence with other team members.
• Perform due diligence on applications funding
• Evaluate applications including financial, technical, or marketing disciplines through due diligence investigations.
• Designing and negotiating the financial, EHS, legal and other relationships between the clients and IDC for the specific deal (where applicable)
• Deal Optimization - Ensure that the deal is aligned with the strategic objectives of the department as specified by the funder and will contribute to meeting industry development goals.
• Conduct compliance assessments as required.
  Initiate collation of all Conditions Precedent prior to handover to Post Investment team.
• Review requests for funding, conduct the required assessments and prepare drafting of submission reports for review in preparation of submission to the approval panel.
• Ensure submissions are finalized and submit proposals to Approval or Investment Panel/Committee ensuring accurate client data management.
  Ensure signed reports are submitted to Admin for Investment Panel preparation and filing.
• Attend to and resolve all queries.
  Follow required process when handing over approved Business Partner to Post Investment Team
• Lead due diligence teams as appointed to, ensuring interest of IDC is maintained, and recommendation is ready for consideration.

Qualification and Experience

QUALIFICATIONS (Formal qualifications)

• CA (SA) or BCom Accounting with post graduate degree e.g. BCompt, BEng / BSc or similar qualification
• MBA/MBL will be an advantage
• Project Management Professional qualification (PMP) will be an advantage

KNOWLEDGE & EXPERIENCE 

• 8 to 10 years’ experience in a Financial Institute/ Development Financing environment role with exposure to due diligence in a financial / development/banking institution.
• Should have at least 5 years’ experience in assessing the economic viability of businesses and/or projects
• Sound experience in a financial environment is essential
• Outstanding skills in respect of the analysis and interpretation of financial statements
• Sound knowledge of business and the diversity of risks that may affect businesses
• Very good understanding of different types of security
• Good working knowledge of Company and Contract legislation
• Understanding of Economic trends
• Project management experience.
• Extremely good writing and presentation skills, particularly to committees & boards
• Experience working in a high-level collaborative environment
• Ability to manage multiple competing priorities while building effective relationships
• Extremely organized and persistent, with drive and determination to achieve goals
• Ability to transfer knowledge to team members

Roles and Responsibilities

Roles and Responsibilities (cont.)

General

• Enhance IDC’s reputation and build trust amongst the stakeholders.
• Build and maintain a network of relationships across the Corporation.
• Partner with the team in building and fulfilling the mandate of the department in line with the IDC’s and department’s specific policies, systems & procedures.
• Utilize own and expert knowledge, experience, multi-dimensional understanding and application of best practices in the fulfilment of the role.
• Assist with the preparation of accurate and timeous reporting for various stakeholders as requested
• To peer review the necessary reports for management and various committees and Boards.
• Ensure that the team is familiar with all the relevant terms and conditions of the contractual relationship between IDC and its business partner.
• Design and compile reports and checklists to ensure efficient and effective monitoring and evaluation.
• Assist the department in the development of annual business plans and formulation and implementation of strategies to execute the role of the department.
• To provide continuous technical guidance to fellow team members in all key areas of their responsibilities.
• To assist Line Manager with reporting to stakeholders and other adhoc functions as and when requested and proactively.
• Provide input to strategic matters relating to the department.

Learning, Leadership & People Growth

• Drive and manage own development to enhance own competencies.
• Participate in knowledge sharing in the team and cross functional
• Build and maintain influential relationships with Business Partners
• Ensure accurate and timeous delivery of service levels and key deliverables to achieve a high performance within the department

Job Requirements

Customer Focus & Stakeholder Management

• Maintain meaningful relationships with enquirers, applicants and portfolio clients in conjunction with different support functions in the IDC.
  Ensure the provision of client service excellence and optimize service delivery in a manner that meets the client’s needs;
• Efficient management of allocated applications for funding, liaising with applicants, conducting basic assessments, resolving queries from applicants and conducting due diligences with other team members.
• To effectively interact with the required departments to fulfil the process requirements related to any specific business transaction.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.
• Prepare communication to inform Business Partner if application is not approved due to outstanding documentation or as a result of non-approval by the panel and update SAP.
• Liaise, communicate and promote the department externally.
  Identify strategic data collected for each Business Partner and ensure this is obtained.

TECHNICAL/FUNCTIONAL COMPETENCIES

• Customer Insight & Focus
• Stakeholder Management
• Financial modelling
• Business/Commercial Acumen
• Report writing skills
• Problem Solving
• Analytical & Diagnostic Skills
• Problem Solving
• Project Management Skills
• Consulting Skills
• Report writing skills

BEHAVIOURAL COMPETENCIES

• Negotiating & Influencing
• Resilience
• Deciding and Initiating.
• Planning & Organizing
• Teamwork
• Presentation and communication skills
• Coaching and mentoring
• Coping with Pressures and Setbacks

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Qualification and Experience

• Qualifications:
• BCom Accounting with post graduate degree e.g. BCompt (Honours) or BSC engineering or similar 4-year undergraduate qualification with finance experience.
• CA (SA) would be an advantage

Knowledge and Experience:

• The candidate should have at least 5-8 years of relevant experience in post investment monitoring / portfolio management or evidencing experience in managing key aspects of business partner relationships by considering risks, mitigants and protecting financial interests.
• Experience and knowledge in the portfolio management, restructurings, Due Diligence, drawdowns processes.
• Accounting / relevant IFRS9, financial modelling and analysis experience will be an added advantageous.
• Experience in assessing the economic viability of businesses and/or projects
• Sound experience in a financial environment is essential
• Skills in respect of the analysis and interpretation of financial statements
• Sound knowledge of business and the diversity of risks that may affect businesses
• Good understanding of different types of security
• Understanding of Economic trends would be an advantage
• Project management experience will be an advantage.
• Knowledge and/or understanding of BP strategic diagnostics would be an advantage
• Knowledge and experience on how to help BP’s execute value levers

Roles and Responsibilities

• Post investment and portfolio monitoring and management of allocated portfolio, some of which may be complex, technical and/or high value Business Partners.
• Ensure proper handover of Business Partners from the respective SBU is completed and all key priority and risk areas are discussed during the handover meetings.
• Periodically conduct SPPI (e.g. loans) impairment reviews and timeously prepare Business Partner credit quality assessment reports in accordance with the approved IDC guidelines and policies on allocated portfolio business partners.
• Identify Business Partners, where performance is not at the required level and develop a framework to ensure regular client visits occur and a diagnostic analysis is conducted to identify areas requiring improvement and specialized assistance and intervention.
• Schedule performance monitoring feedback sessions with investee companies on a regular basis. Ensure that monitoring and counselling services are provided on Value Creation levers in accordance with the Value Creation Plans and that Business Partners meet the contractual and underwriting obligations.
• Conduct client visits and regular Business Partner reviews, which include undertaking reviews, application funds reviews where applicable and AFS analysis, covenant reviews and assigning of risk rating to Business Partners.
• Proactively identify early warning signals and initiate appropriate intervention processes where necessary.
• To ensure that all necessary amendments to contracts during the life span of the Business Partner are timeously and adequately executed.
• To ensure that all exit processes i.e. early settlement, IRR and other calculations and release of security on the allocated portfolio of business partners are properly executed.
• To promptly monitor and follow-up all payments due to IDC, including interest, capital, dividends, fees etc. on the allocated portfolio of Business Partners.
• To focus on collection inflows from Business Partners and monitoring forecasts against actual performance.
• To analyse financial information from allocated Business Partners on a regular basis and assess the need for initiating intervention based on the analysis.
• To ensure maximising of IDC value and limiting losses by being considerate of eventual exiting of investments where relevant.
• To focus on enhanced portfolio management and by focusing on value add and growth of IDC’s clients and optimised cashflow collection, where relevant while at the same time ensuring protection of IDC’s interests.
• To assist in refining and adopting the evolving debt as set out.
• From time to time to be involved in department and organisation wide initiatives linked to the department’s function.
• Prepare portfolio reports as and when required on the portfolio under management and present to all relevant portfolio risk management committees.
• Prepare and present credit submissions (amendments, condonations, restructurings etc.) to the relevant credit committees.

Job Requirements

TECHNICAL COMPETENCIES

• Portfolio Management
• Customer Insight & Focus
• Formulation of Strategies & Concepts
• Stakeholder Management
• Financial modelling
• Business/Commercial Acumen
• Report writing skills
• Value Creation Planning
• Problem Solving
• Analytical & Diagnostic Skills
• Project Management Skills
• Consulting Skills
• Report writing skills

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Qualification and Experience

• B. Degree in relevant field
• Honours Degree, Masters/ MBA or MBL will be added advantage
• Minimum 8 – 10 years’ experience in the development and implementation of a business strategy in a relevant environment.
• Knowledge of the Development Finance sector
• Understanding of Financial planning, analysis and strategic financial policy development
• Understanding of performance management principles
• Broad knowledge and understanding of Government policy priorities
• Understanding of change management and business process re-engineering
• Good understanding of Excel, Word, PowerPoint, MS Project

Roles and Responsibilities

• Responsible for the development, review and approval of corporate planning processes and related systems.
• Support the corporate target-setting process, including consolidation, validation and alignment of corporate performance targets.
• Undertake corporate-level data and performance analysis to support planning, monitoring and executive decision-making.
• Provide data, analysis and technical support for monthly, quarterly and annual performance reporting, ensuring accuracy, consistency and audit readiness.
• Develop, communicate and ensure adherence to the annual planning calendar in collaboration with key stakeholders (Human Capital, Financial Management, Strategic Financial Planning).
• Support Strategic Financial Management in the development and continuous review of IDC’s long-term financial and capital plan to ensure sustainable growth.
• Contribute to IDC capital allocation activities and investment decision-making processes to ensure alignment with the optimal investment portfolio and strategic priorities.
• Participate in the development and review of IDC’s long-term strategy and associated plans.
• Support SBUs/Departments/Divisions with strategic planning and alignment of business plans to corporate objectives, particularly within the Finance and Investment clusters.
• Provide strategic, tactical and policy-related insights to inform corporate planning and decision-making processes.
• Monitor changes in the operating environment and provide strategic advisory to the Corporation, including input into emerging national legislation and policy.
• Lead and coordinate internal and external audit engagements, acting as the interface between auditors and SBUs, including facilitation of information requests, resolution of findings and close-out processes.
• Drive data integrity and audit readiness through validation of performance information against source documentation, ensuring improved data quality and minimal variances.
• Enhance corporate reporting through integration of pipeline data, forward-looking analysis and automation of recurring reports to support decision-making.
• Support continuous improvement of reporting systems and tools (e.g. Power BI and SAP), including development of integrated, visually enhanced and decision-oriented reports.
• Provide training, guidance and coaching to SBUs and team members on KPI definitions, measurement and reporting practices to ensure consistency and clarity across the organisation.
• Mentor and coach junior team members and support knowledge sharing within the team.
• Communicate corporate strategy and performance insights across the organisation at various forums

Job Requirements

TECHNICAL/FUCNTIONAL COMPETENCIES

• Analytical and problem-solving
• Negotiation and Influencing
• Attention to detail
• Planning and Organizing
• Professionalism and discretionary
• Diverse Stakeholder Management
• Decisiveness in Execution

BEHAVIOURAL COMPETENCIES

• Results Oriented.
• Ethical Commitment
• Balanced Judgment and accountable leadership
• Relationship Building & Networking
• Political Awareness

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Job Description

Internal/Operational Processes

• Lead or support the formulation of industry value chain and thematic development roadmaps, depending on organisational priorities and resource requirements.
• Together with SBUs or Projects develop clear, tangible implementation plans for industry/value chain development following consultation with relevant internal and external stakeholders.
• Identify project and investment opportunities.

Compile analytical frameworks for sectors.

• Provide industry, market and policy insights across multiple sectors to inform strategic decision-making by Industry Planning, SBUs and project teams.
• Monitor/review actual vs anticipated developmental trajectory of industries and subsectors and take corrective measures (revision of strategies/focus areas/action plans) as required.
• Lead or participate in government and industry development Steering Committees/Forums and stakeholder engagements to inform industry development initiatives.
• Ongoing engagement with Operations and Support Units to ensure that industry development strategies are optimally executed and updated/refined where strategies prove to not yield the desired outcomes.
• Identification and management of risks relating to industry development strategies.
• Provide value-adding input and guidance to the Client Support & Growth teams and to the SBUs to ensure that investee companies are contributing to overall industry development goals.
• Participate in ad hoc and unscheduled strategic interventions required to address challenges/priorities in the industry/value chain or the IDC.
• Support the preparation of executive reports, presentations and strategic recommendations for IDC governance structures.

Cross-Sector Strategy and Integration

• Support industry planning activities across multiple sectors and value chains as required.
• Identify opportunities, linkages, synergies and adjacencies between industries and strategic initiatives.
• Contribute to multidisciplinary industry development projects, programmes and task teams.
• Assist with the preparation of integrated industry development strategies and implementation plans.
• Conduct comparative analysis of industries, value chains and international benchmarks to identify development opportunities.
• Support rapid-response strategic assignments and emerging priority initiatives identified by management.

Customer Focus & Stakeholder Management

• Actively engage relevant industry stakeholders and participate and represent the IDC in industry forums (internal and external) to:
• influence the goals, objectives, activities and initiatives of such forums (and participating parties) to ensure that the IDC’s ultimate industry development goals are achieved.
• learn from industry stakeholders/parties participating in industry forums.
• create a conducive environment for the development/growth of industries and/or their subsectors.
• Clearly articulate and communicate industry/sector-specific strategies within the IDC and the larger external stakeholder group, e.g., through publication of articles, speeches at conferences, and social media presence.
• Develop and maintain stakeholder networks across a broad range of sectors, government institutions, industry associations, development partners and research organisations.
• Facilitate stakeholder engagements, workshops and consultations to support industry planning and strategy development activities.
• Collaborate with experts and sector specialists to strengthen industry planning outputs.

Qualification and Experience
Qualifications

• Minimum qualification: relevant post graduate qualification.
• MBA or Master’s would be an advantage.

Knowledge & experience

• 8-10 years’ industry experience, including strategy development & implementation.

Sound knowledge and practical understanding of:

• global industries and value chains.
• global markets.
• technology landscape.
• regulatory landscape and alternative frameworks.
• economic policy.
• future trends (local and global).
• emerging industries.
• Demonstrated ability to rapidly acquire knowledge and develop strategic insights in unfamiliar industries, value chains and emerging sectors.
• Experience working across multiple sectors, value chains, programmes or strategic initiatives.
• Experience in strategic planning, project/programme management or industry development initiatives.
• Experience facilitating stakeholder engagements and multi-stakeholder processes.
• Strong research, analytical and problem-solving capability.
• Ability to rapidly understand and assess unfamiliar industries and value chains.
• Good networks within industries in both private and public space.
• Experience in coaching and mentoring team members.

Roles and Responsibilities

Learning, Leadership & People Growth

• Contribute towards the development of competencies and knowledge of industries within the organisation.
• Contribute to the development of institutional knowledge products, industry intelligence reports and thought leadership publications.
• Build organisational capability in industry development planning through collaboration, mentoring and knowledge transfer.
• Keep up to date with the latest industry developments (conferences, sector forums, literature reviews and internal IDC engagement).