Vacancies Available at IDC

Synopsis

• To evaluate and present applications for funding and structure deals that contribute towards unit objectives and industry development goals. This would include performing the financial and/or technical and/or marketing due diligence functions and ensuring risk identification and mitigation.

Job Description

Financial / Shareholder Returns

• Evaluate and effectively structure transactions with detailed application of IDC financing instruments (where applicable/appropriate)

Internal / Operational Processes

• Evaluate applications for finance (financial, technical or marketing disciplines) through due diligence investigations
• Deal structuring - Designing and negotiating the financial, EHS, legal and other relationships between the client and IDC for the specific deal (where applicable)
• Risk identification and mitigation
• Participate in due diligence teams
• Deal Optimisation - Ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
• Account management function up to first draw
• Prepare and submit basic assessments and comprehensive credit proposals that meets the IDC funding requirements.
• Ensuring accurate client data management

Customer Focus & Stakeholder Management

• Maintain meaningful relationships with enquirers, applicants and portfolio clients in conjunction with different support functions in the IDC.
• To effectively interact with different SBU’s and departments in order 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.
• Liaise, communicate and promote the unit externally

Learning, Leadership & People Growth

• Drive and manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional
• Mentoring and acting as a coach to Business Analysts

Qualification and Experience

QUALIFICATIONS

• Minimum qualification: relevant commercial (CA) or technical honours degree

KNOWLEDGE & EXPERIENCE

• 5-8 years related experience of which 2-3 years should be in 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 two due diligence disciplines (Marketing, Technical or Financial)
• Grounded in one of the above due diligence disciplines
• Experience in interpretation of financial statements
• Sector-specific knowledge would be advantageous
• Knowledge of financial products as used by IDC

Roles and Responsibilities

TECHNICAL/FUNCTIONAL COMPETENCIES

• Financial acumen
• Deal structuring.
• Risk identification and mitigation
• Investment/Portfolio Management
• Stakeholder Management and customer focus
• Planning and organising
• Report writing skills

Roles and Responsibilities (cont.)

BEHAVIOURAL COMPETENCIES

• Presentation and Communication skills
• Negotiation skills
• Relationship and Networking skills
• Persuading and Influencing skills

go to method of application »

Synopsis

• Preparation of local and foreign invoices for payment as well as preparation of vendor reconciliations for management, internal and external clients

Qualification and Experience

• Diploma in Accounting or equivalent
• An appropriate post graduate diploma or degree in accounting will be an add advantage
• A minimum of 2 years’ experience in Accounts Payable
• Experience with Accounts Payable Vendor reconciliations
• Experience in Accounts Payable module within SAP accounting system
• Proficiency in Microsoft Excel and Word

Roles and Responsibilities (cont.)

• Ensure that invoices are tax coded by the tax specialist before parking.
• Preparation of payment via payment proposal on SAP
• Processing of debit orders loaded against the bank accounts
• Processing documentation in relation to foreign payments that have been carried out.
• Preparation of reconciliation for internal and external client accounts
• Address internal & external client queries

Job Requirements

TECHNICAL COMPETENCIES

• SAP Accounts Payable processing
• Invoice verification
• Local, foreign and debit order payments
• Accounts payable reconciliations
• Numerical and document analysis

BEHAVIOURAL COMPETENCIES

• Attention to detail
• Accuracy and accountability
• Time management
• Client service orientation
• Written and verbal communication
• Stakeholder relationship management
• Problem solving and follow-up
• Integrity and confidentiality

go to method of application »

Synopsis

• To evaluate and present applications for funding and structure deals that contribute towards SBU objectives and industry development goals. This would include performing the complex financial and/or technical and/or marketing due diligence functions, as well as leading a due diligence team and ensuring risk identification and mitigation.

Job Description

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 and legal relationship between the client and IDC for the specific deal.
• 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

Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfill 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.

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 of team members

Qualification and Experience

QUALIFICATIONS

• Minimum qualification: relevant commercial (CA) or technical Honours degree

KNOWLEDGE & EXPERIENCE

• 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 or 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

TECHNICAL/FUNCTIONAL COMPETENCIES

• Financial acumen
• Deal structuring.
• Risk identification and mitigation
• Investment/Portfolio Management
• Stakeholder Management and customer focus
• Planning and organising
• Report writing skills

Roles and Responsibilities (cont.)

BEHAVIOURAL COMPETENCIES

• Presentation and communication skills
• Negotiation skills
• Relationship Building and Networking skills
• Persuading and Influencing skills
• Coaching and Mentoring
• Leading and Co-ordinating