Vacant Jobs at IDC

QUALIFICATIONS:

• BCom Accounting or BEng/BSc
• Post-graduate degree/Honours or CA(SA) would be an advantage

KNOWLEDGE AND EXPERIENCE:

• The candidate should at least have 5-8 years of relevant experience in post investment monitoring or portfolio performance management.
• Experience in a Corporate Finance environment and specifically in Listed Investments
• 5 years’ experience in a private equity environment will be an added advantage.
• Experience working in the financial services industry e.g. a commercial bank
• Experience working in a high-level collaborative environment
• Knowledge and understanding of developing Value Creation activities
• Experience in M&A, due diligence, drawdowns and exit process of investments is essential.
• Knowledge of financial markets (including equity capital markets), regulation and legislation
• Knowledge and experience in Financial modelling.

Roles and Responsibilities

• Post investment management, performance monitoring and performance reporting of allocated portfolio of complex and technical business partners
• Working closely with business partners to identify areas for growth and value creation, crafting and monitoring the implementation of the value creation plans
• Periodically conduct fair values of equity investments and impairment reviews in accordance with the approved IDC guidelines and policies
• In collaboration with the business partner management team, define KPI’s and design dashboards to collect data for progress monitoring of such KPI’s.
• Build sound relationships with business partner management teams and boards through regular visits to / engagements with business partners
• Proactively identify early warning signals and initiate appropriate intervention processes where necessary to limit potential losses
• Monitor strategic initiative through data insights, dashboards and reports to identify deviations from agreed plans and take appropriate action.
• Collaborate with Business Units to obtain expert insights relative to specific sectors.
• Ensure that all necessary amendments to contracts during the life span of the business partner are adequately executed.
• Ensure that all exits processes i.e. early settlement, IRR and other calculations and release of security on allocated portfolio of business partners are properly executed.
• Promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of Business Partners.
• Analyze financial information from allocated business partners on a regular basis and assess the need for initiating intervention based on the analysis
• Work closely with the boards and management teams of the Business Partners to ensure that the Business Partners are profitable.
• Work collaboratively with members of the IDC teams to ensure that the investee companies under management achieve their stated targets and forecasts.
• Prepare portfolio reports as and when required on the portfolio under management
• Provide continuous technical guidance to fellow team in all key areas of their responsibilities.
• Forecast of value share prices & dividend incomes and recommend equity selling options and timing to assist with the liquidity and funding of the IDC.

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MAIN DUTIES 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

• Originate deals across multiple industries in line with the SBU’s strategic objectives.
• 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 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.

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

Qualification and Experience

QUALIFICATIONS

• Minimum qualification: relevant commercial or technical honours degree

KNOWLEDGE & EXPERIENCE

• Demonstrated record of proactive deal sourcing, structuring, and closure.
• 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 financing instruments
• Understand and review models of proposed financial structures
• Competent in coaching and mentoring of team members.

go to method of application »

Qualifications:

• Minimum qualification: relevant commercial or technical honours degree

Knowledge and 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

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 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 of team members