DEPARTMENT OF TRADE AND INDUSTRY VACANCIES

 
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MANAGEMENT ECHELON 
 

DIRECTOR: BLACK ECONOMIC EMPOWERMENT REF NO: SEZET/BEE 006 
Overview: Ensure the development of strategies for the effective implementation of Equity Equivalent Investment Programmes, Enterprise Development and Black Economic Empowerment transactions. 
SALARY: R1 005 063 per annum (Level 13) (All-inclusive remuneration package) 
CENTRE: Pretoria 
 
REQUIREMENTS: Mandatory requirements: An undergraduate qualification (NQF Level 7) in Transformation / Economics / Business Management / Financial Management. 5 years’ experience at a middle/senior managerial level in a Transformation or Socio-Economic Development environment. Key requirements: Experience in the management and implementation of the Equity Equivalent Investment Programme. Experience in fronting transactions. Experience in the development and implementation of policies and strategies. Experience in stakeholder management, people management, financial management, project management, report writing and analysis. Communication skills (verbal and written), analytical and thinking skills, presentation skills, planning and organising skills and Interpersonal skills. Strategic capability and leadership. Sound knowledge and understanding of the relevant IPAP, New Growth Path, International best practice for Equity Equivalents and Investments. Knowledge and understanding of Public Service Regulations, Public Service Act, B-BBEE Act, Treasury Regulations and Public Finance Management Act. 
 
DUTIES: Ensure the management and implementation of the Equity equivalent Investment programme: Manage the development of a valuation tool to enhance Equity Equivalent Investment Programme. Ensure description of systems and procedures for the processing of the Equity Equivalents Investment Programme. Ensure the development of a management tool to track progress and status each Equity Equivalent (EE) application. Ensure facilitation of approved EE programmes to be published on the BEE IT Portal and to all government departments, state owned entities and agencies. Ensure availability of the latest directive from the BEE Advisory Council - Sub-Committee on Ownership for all foreign companies, including those that have an approved EE programme, to partner with local companies when bidding and executing a contract in South Africa (in form of Partnership, JV Associate). Ownership, Management Control and BEE transactions: Enhancement of BEE Ownership and Management Control elements where Youth Owned Enterprises/ Youth / Designated groups will form an integral part of 20 points available for Ownership element (BEE policy and strategic direction). Review and enhance the QSE framework where the elective elements will be lengthened from four to five. QSE to have two mandatory elements being Ownership and Management Control (Policy strategic direction). Ensure submission of recommendations on the preferred viable and sustainable BEE transaction instruments and investment structures. Ensure approval from the BEE Advisory Council Sub-Committee on Ownership for the implementation of pilot project in respect of the Retail Integration Programme (RIP) by the National Empowerment Fund (NEF). Ensure successful implementation of the JSE BEE Shares trading as a pilot project. Facilitate and co-ordinate workshops to Black Investors (around the country) on the critical importance of getting involved at Strategic Management Level, corporate governance, and adding value through meaningful participation at the Target Companies. Fronting Transactions: Ensure the establishment of conducive legislative framework to have a Fronting proclaimed as Criminal Offence with severe consequences. (BEE Act amended to criminalise Fronting). Ensure the development of a publicly available tool in which includes all Fronting offenders will be listed. Ensure development of a framework for Fronting which includes turnaround timeliness, steering committee, and a spread sheet to track progress and status of each case. Client Orientation and Customer focus: Ensure the development of internal work processes to improve customer service levels. Revitalise campaigning to encourage people to report fronting through clearly defined channels (only when Fronting has been criminalised). Engage with research, academic and relevant financial institutions. Ensure creation of a conducive channel for all stakeholders to give their contributions and interact with the BEE unit. Engage with customers on the dti's available incentive programmes. Stakeholder Relations Management: Ensure the development of a refined and enhanced stakeholder framework agreement. Conduct presentations to the Embassies, Business Chambers and other stakeholders on the BEE unit programmes. Establish key strategic relationships with TISA and IDD so as to enable the BEE unit to be part of the Trade Missions. Reporting: Ensure that the operational plan is reviewed on a quarterly basis. Ensure changes are aligned with departmental strategic business plan. Ensure annual reporting. 
 
ENQUIRIES: Should you have enquiries or experience any problem submitting your application contact the Recruitment Office on Tel No: 012 394 1809/1835.