Jobs Available at IDC

Qualification and Experience

Qualifications

• CA(SA) – Mandatory
• Management post–graduate degree advantageous.
• Technical/Systems Microsoft Office, SAP, Finnivo, IFRS, Management

Experience 

• Minimum of 8-10 years post articles experience in a financial reporting management role or as an Audit Partner.
• Exposure to the SAP environment, people, and performance management, PFMA,
  King IV, IFRS and management reporting.
• Experience in complex Group consolidations.
• Experience in financial services/ lending /banking would be advantageous.
• Experience and knowledge in analysis and interpretation of budget performance and annual financial statements.
• Good understanding of the functioning of the SAP system.

Roles and Responsibilities

• Review and guide the Group and Company financial operations.
• Oversight and review the preparation of the Internal Subsidiaries Annual Financial
  Statements.
• Co - review of the IDC Company Annual Financial Statements and Consolidated Group Annual Financial Statements.
• Review of the Annual Financial Statements ensuring compliance with full IFRS and any other relevant legislation, including PFMA and King IV.
•  Co-review of the IDC Group Consolidated Interim Annual Financial Statements.
• Experience with the SAP system including SAP Disclosure Management and the
  Finnivo consolidation tool would be an advantage.
•  Direction and advice on the Company and Group financial reporting policies and
  processes.
• Implementation of adequate monthly review controls for the preparation of
  reconciliations that support monthly, interim, and annual financial statements.
• Review and identification of weakness in the current processes, systems, and
  procedures and implementation of enhancements.
• Continuous improvement of systems and operational control efficiencies.
• Creation of a complete audit file for the year end audit process that supports the Annual Financial Statements and the audit process.
• Provision of accurate and timely reporting on the progress and outcome of various department strategic initiatives.
• Provision of business insights, performance reports, commercial analytics on behalf of the department.
• Development and review of monthly and quarterly Group and Company management financial reports.
• Provision of Monthly and Quarterly strategic budget variance commentary to various committees.
• Presentation of reports to the Executive Committee (Exco) and other Board committees.
• Membership on strategic Exco sub-committees on behalf of the Financial Management department.
• Liaison with both internal and external auditors in planning and query resolution.
• Provision of advice on the Financial Management strategy as and when required.
• Support the preparation of the Integrated report, analyst reports and other reports, as applicable.
•  Perform ad-hoc tasks for Head of Department.
• Develop and implement a training plan to build and develop skills within the team.
• Provision of customer service to internal and external clients.
•  Implement performance management measures of subordinates.
•  Support and drive innovation in the team.
• Actively participate in the leadership of the team.

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Qualification and Experience

Qualifications: 

• Any Diploma in the following disciplines: Mathematics, Statistics or Economics, Finance, Enviromental Science, water science, marketing and communications, political science, engineering or built environment. 

Experience: 

• 2 - 5 Years relevant experience 
• Experience working in a project management environment 
• Experience in administrative support in an office environment 
• Expedience in research, data gathering analysis
• Experience in technical report writing 
• Good Communication and delegation abilities 
• Orginisational skills, including planning, leadership and coordination  

Roles and Responsibilities

• Participate in activities that relate to the execution of Infrastructure South Africa’s mandate
• Contribute to the collection and compilation of primary and secondary data that support the work of ISA
• Write reports for internal and external meetings
• Assist Programme Managers with various projects and other duties assigned
• Liaise with government and private sector stakeholders as directed by Managers
• Coordinate internal department meetings and record minutes
• Provide general administrative and office support, including organising meetings, maintaining the calendar of events, and taking minutes

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Qualification and Experience

• A Post Matric qualification – preferably in finance, IT or Payroll.
• Payroll related qualification

Roles and Responsibilities

Duties and Responsibilities:

• Monitoring/vetting payroll information submitted by the province to ensure it is valid, approved and accurate
• Perform analysis on province payroll data to identify any anomalies and track compliance with agreed pay rates and employee level split.
• Compare/monitor actual wage costs to budget and identify reasons for variances
• Checking PAYE, UIF, COIDA provisions for reasonability and ensure payment on the part of the province to relevant statutory bodies
• Analyse exception reports timeously and follow up on unsuccessful wage payments to ensure timeous completion
• Analyse recipient movements (Onboards, offboards, transfers)
• Monitor province’s monthly progress reports against programme outputs
• Monitoring schools for compliance with the overall programme objectives.
• Providing technical support on the programme’s payment system.

Job Requirements

Experience

• 3 years related payroll administration experience
• Performing reconciliations, specifically Paye, UIF and COIDA
• General office administration, queries and filing
• MS Word; PowerPoint; Excel; Outlook
• Project Administration will be an added advantage Technical/Functional Competencies
• Own vehicle is a must
• Maintaining confidentiality at all times
• Planning and organizing
• Attention to detail
• Risk identification and mitigation
• Analytical and problem solving
• Results and solution orientated

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Qualification and Experience

Qualifications

• A bachelor’s degree in business related discipline; LLB, B Com Law, BA Law, Risk Management
• Post-graduate Compliance Qualification is mandatory
• CPRAC Qualification from CISA will have an added advantage

Knowledge and Experience

• Minimum of 5 to 8 years relevant and practical compliance monitoring or regulatory compliance risk management experience
• Member of the Compliance Institute of Southern Africa

Roles and Responsibilities

• Develop a risk based annual compliance monitoring plan to ensure coverage of key compliance risks across IDC and subsidiaries for board approval. Work with the Compliance Manager to regularly assess the relevance and focus of the Compliance Monitoring Plan
• Execute the board approved compliance monitoring plan and ensure that monitoring reviews are strategic and structural to deliver the required level of assurance within the agreed timelines as per the compliance monitoring schedule.
• Implement the CRAD’s annual compliance monitoring plan by performing complex monitoring reviews, producing quality compliance monitoring results and providing compliance advice and guidance to business to achieve regulatory compliance outcomes.

Develop and implement the Compliance Risk Management Plans (CRMPs) and perform compliance monitoring reviews by doing the following:

• identifying and risk rating of the applicable provisions identifying, analysing and testing controls;
• Undertaking thorough process, system and business walkthroughs and applying best practice sampling mechanisms to form a reasonable assurance view identifying potential areas or compliance vulnerability and risk;  properly prepare and record working papers; and present the monitoring outcomes to business stakeholders;
• To provide assurance to the board and relevant sub-committees on the adequacy and effectiveness of controls and systems developed by business, including adherence to regulatory requirements.
• Deliver high quality compliance monitoring reports regarding compliance risks that have been identified through compliance monitoring reviews and provide recommendations on sustainable remedial plans.
• Provide timely communication on the results of compliance monitoring reviews to SBUs/Departments, and management as and when the identified gaps are confirmed, present and submit these monitoring reports to relevant stakeholders in line with the requirements of the CRAD monitoring process and plan.
• Develop and monitor the issue log/tracker to ensure the information is accurate, valid and supported by factual evidence and manage record-keeping of all review documentation in the relevant SharePoint folders. Take ownership for reporting issues raised during reviews to ensure effective resolution of issues within agreed timeframes.
• Provide independent compliance advisory services through the development of recommendations for improvements to controls and processes, which will ensure adherence to legislative requirements and mitigation of regulatory risks.
• Continuously develop and improve the monitoring methodology and overall approach to conducting monitoring reviews and stay abreast of relevant trends and typologies to utilize this information to inform the IDC Compliance Monitoring Framework.
• Pro-actively engage with stakeholders at all levels and build collaborative, effective relationships across the business and other assurance providers to contribute effectively to the execution of reviews and enhance knowledge and understanding of the IDC business operations.
• Drive continuous improvement across the business by ensuring that statutory and legislative knowledge is always current, and stakeholders are engaged effectively to facilitate the establishment of a compliance culture that contributes to prudent risk management.
• Keep abreast with IDC internal business context, standards, and goals.
• Contribute to the drafting and revision of company policies

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Qualification and Experience

KNOWLEDGE AND EXPERIENCE

• A minimum of 5 - 8 years’ relevant work experience (Accounting/debtors).
• A sound knowledge of IDC processes would be an added advantage.
• SAP system experience preferably in Loans Management Module.
• Excel and Word

QUALIFICATION

• BCom degree with accounting as major
• Relevant Financial Management Degree. 

Roles and Responsibilities

The key functions of the position include:

• Creation of contracts on SAP following approval by the relevant credit approval committees and specific Fund approval bodies
• Monthly clearing of GL clearing accounts, as assigned.
• Checking loan agreements activated by Loans Administrators for accuracy and completeness.
• Implementation of LOAs.
• Daily disbursement processes related to Loans and Shares
• Manually maintaining interest rates on specific accounts
• Assistance with Legal Matters, Certificate of Indebtedness, litigation matters
• Online debit order collections on relevant payment dates
• Preparation of normal and IRR settlement amounts, on request from business.
• Action write-offs as approved by the relevant approval bodies and in line with Delegation Matrix
• Post-approval changes on SAP, including but not limited to the CAM system.
• Management of Trade Finance revolving credit facility transactions
• Management of Guarantee and Letter of Undertaking processes
• Management of all Share-related transactions, including but not limited to the selling and purchasing of shares, redemptions and dividends.
• Releasing contracts on SAP, subject to certain authority levels to be determined.
• Posting of debit positions and other business operation items
• Signing of security release forms as requested by Corporate Secretariat.
• Managing the completeness and execution of designated tasks, such as legal agreements, CAMs; LOAs; Guarantees etc.
• Co-management of large, complex transactions together with administrators
• Maintain accuracy of Loans TB for assigned SBUs.
• Manage IMC processes, as required, for assigned SBUs.
• Review and posting of journals, as required.
• Reconciliation of the Loans TB to the IDC GL
• Addressing internal and external client queries and review pertaining to queries
• Ad hoc on the job training and mentoring of staff.
• Liaising with Internal and External Auditors
• Numerous routine and ad-hoc support functions

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Qualification and Experience

• A Post Matric qualification – preferably in finance, IT or Payroll.
• Payroll related qualification

Roles and Responsibilities

Duties and Responsibilities:

• Monitoring/vetting payroll information submitted by the province to ensure it is valid, approved and accurate
• Perform analysis on province payroll data to identify any anomalies and track compliance with agreed pay rates and employee level split.
• Compare/monitor actual wage costs to budget and identify reasons for variances
• Checking PAYE, UIF, COIDA provisions for reasonability and ensure payment on the part of the province to relevant statutory bodies
• Analyse exception reports timeously and follow up on unsuccessful wage payments to ensure timeous completion
• Analyse recipient movements (Onboards, offboards, transfers)
• Monitor province’s monthly progress reports against programme outputs
• Monitoring schools for compliance with the overall programme objectives.
• Providing technical support on the programme’s payment system.

Job Requirements

Experience

• 3 years related payroll administration experience
• Performing reconciliations, specifically Paye, UIF and COIDA
• General office administration, queries and filing
• MS Word; PowerPoint; Excel; Outlook
• Project Administration will be an added advantage Technical/Functional Competencies
• Own vehicle is a must
• Maintaining confidentiality at all times
• Planning and organizing
• Attention to detail
• Risk identification and mitigation
• Analytical and problem solving
• Results and solution orientated