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INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES
INDUSTRIAL DEVELOPMENT CORPORATION (IDC)
PROCUREMENT SPECIALIST
Job number IDC00686
Contract Type Permanent
Posting End Date 23 Feb 2026
Region Gauteng
IDC Job Grade P-Band
Synopsis
Procurement specialists are responsible for facilitating the procurement process which includes the evaluation of tenders for the supply of products and services, negotiation and administration of procurement contracts to ensure approved purchases are cost-effective, of high quality, compliant with contractual obligations i.e. transformation goals etc. and meet the requirements of the organization.
Job Description
•To facilitate the administration of the integrated procurement process and to conduct commercial evaluations i.e. cost evaluations, commercial evaluations, B-BBEE evaluations and other statutory compliance checks and to ensure follow-through of recommendations to contract management and contract close-out.
•To provide procurement advice to internal clients on procurement strategies to optimally serve business needs.
•To assist in the negotiations and finalization of supply and service contracts to achieve cost savings and other commercial targets.
•To effectively support B-BBEE imperatives and initiatives.
•To assist internal user departments / clients with the development of clear technical specifications and associated cost models.
•To provide support to the procurement manager with the implementation of procurement strategies.
•To effectively implement procurement policy-, systems- and procedures and to ensure compliance thereto in the execution of procurement duties.
•To ensure timely execution of procurement processes and to manage internal client expectations.
•To monitor supplier performance based on Service Level Agreements (SLAs).
•To monitor supplier development plans for supplier growth and improved service delivery.
Qualification and Experience
• Minimum National Diploma in Purchasing / Logistics / Supply Chain Management or equivalent with commercial subjects.
• A bachelor’s degree would be desirable.
• Minimum 5-8 years procurement experience with at least 2 years dealing with integrated procurement processes to include tender management and contract management functions.
• Preferably 3 years’ experience in practicing Public Procurement Regulation as prescribed by the National Treasury/ PFMA/ PPPFA and B-BBEE.
• SAP experience in the Materials Management module (particularly SAP Materials Management module experience) would be an advantage.
Computer literacy (Microsoft Office suite: Word/Excel/Power Point/MS Project).
PLEASE APPLY HERE
PROCUREMENT SPECIALIST
Job number IDC00686
Contract Type Permanent
Posting End Date 23 Feb 2026
Region Gauteng
IDC Job Grade P-Band
Synopsis
Procurement specialists are responsible for facilitating the procurement process which includes the evaluation of tenders for the supply of products and services, negotiation and administration of procurement contracts to ensure approved purchases are cost-effective, of high quality, compliant with contractual obligations i.e. transformation goals etc. and meet the requirements of the organization.
Job Description
•To facilitate the administration of the integrated procurement process and to conduct commercial evaluations i.e. cost evaluations, commercial evaluations, B-BBEE evaluations and other statutory compliance checks and to ensure follow-through of recommendations to contract management and contract close-out.
•To provide procurement advice to internal clients on procurement strategies to optimally serve business needs.
•To assist in the negotiations and finalization of supply and service contracts to achieve cost savings and other commercial targets.
•To effectively support B-BBEE imperatives and initiatives.
•To assist internal user departments / clients with the development of clear technical specifications and associated cost models.
•To provide support to the procurement manager with the implementation of procurement strategies.
•To effectively implement procurement policy-, systems- and procedures and to ensure compliance thereto in the execution of procurement duties.
•To ensure timely execution of procurement processes and to manage internal client expectations.
•To monitor supplier performance based on Service Level Agreements (SLAs).
•To monitor supplier development plans for supplier growth and improved service delivery.
Qualification and Experience
• Minimum National Diploma in Purchasing / Logistics / Supply Chain Management or equivalent with commercial subjects.
• A bachelor’s degree would be desirable.
• Minimum 5-8 years procurement experience with at least 2 years dealing with integrated procurement processes to include tender management and contract management functions.
• Preferably 3 years’ experience in practicing Public Procurement Regulation as prescribed by the National Treasury/ PFMA/ PPPFA and B-BBEE.
• SAP experience in the Materials Management module (particularly SAP Materials Management module experience) would be an advantage.
Computer literacy (Microsoft Office suite: Word/Excel/Power Point/MS Project).
PLEASE APPLY HERE
DEALMAKER
Job number IDC00685
Contract Type Permanent
Posting End Date 21 Feb 2026
Region Mpumalanga
IDC Job Grade P-Band
Synopsis
To evaluate and present applications for funding and structure deals that contribute towards unit and IDC objectives as well as 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 conducting due diligences/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 diligences
•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 disbursement
•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
•Minimum qualification: relevant commercial or technical honours degree
•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
PLEASE APPLY HERE
SENIOR DEALMAKER (SERVICES)
Job number IDC00684
Contract Type Permanent
Posting End Date 21 Feb 2026
Region Gauteng
IDC Job Grade M Band
Synopsis
JOB PURPOSE
- To source, 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.
- To contribute to development of strategies and plans for the SBU.
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
- 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.
- 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.
PLEASE APPLY HERE