- Published on
INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES
INDUSTRIAL DEVELOPMENT CORPORATION (IDC)
SUSTAINABILITY & IMPACT ANALYST
APPLY NOW
Job number IDC00497
Contract Type Fixed Term Contract (24 months)
Posting End Date 14 Mar 2025
IDC Job Grade P-Band
Synopsis
The IDC’s ESRG and Sustainability Impact Programme is now at its implementation phase after a 24-month period of setting up policies, strategy, procedures and supporting positions. As such, this programme is requiring skills and resources to accelerate its implementation and integration across the Corporation for both compliance and thought leadership purposes.
Currently, the IDC Sustainability Programme is being led by a Principal Specialist (at M1 level) in the Office of the Chief Operation Officer. In terms of implementation, delivery and integration, the Principal Specialist collaborates and further provides specialist organisational direction and thought leadership with on the programme with the following Heads:
a)Head: Technical Services
b)Head: Corporate Strategy and Innovation
c)Head: Portfolio Insights and Client Support Services
d)Head: Risk Governance and Portfolio Management
e)Head: Corporate Treasury
f)Head: Financial Management
g)Head: Industry Planning
As such, additional resources are required to support the implementation, delivery and integration of the overall programme internally.
MAIN DUTIES
Job Description
Internal / Operational Processes
Delivery of the IDC’s greenhouse gas (GHG) emissions baseline and accounting for Financed emissions Data Science support for the ESRG and Sustainability Impact programme i.e., analysis of existing data sets, data gap assessments and analytics as required for the IDC impact measurement tools and framework i.e., Development Score Card, Balance Score Card and Sustainable Finance Bond Framework etc.
Development of data systems and provide data analytics for the IDC ESRG and sustainability impact disclosures, target setting and reporting systems.
Provide support for the coordination of the organisational Sustainability Plan of Action
Learning, Leadership & People Growth
Participate in knowledge sharing in the team and cross functional knowledge sharing.
Coaching and mentoring of team members with a special focus on Data Science requirements.
Support the Principal Specialist with the overall coordination of the programme and delivery
Support relevant Heads on data assessments, cleaning of data, system requirements, data analytics, forecasting and modelling
Qualification and Experience
QUALIFICATIONS (Formal qualifications)
Skills required: in data analytics/data science/actuarial sciences
Degree in Data Analytics or Science or Actuarial Sciences
Job Requirements
JOB REQUIREMENTS
5 to 8 years’ relevant and solid experience, preferably within an industrial development environment, with a minimum of 12 months experience in data analytics/data science/actuarial sciences
Advanced MS Excel skills.
Proficiency in data science management and tool development for Business Partners
Experience working in a high-level collaborative and culturally diverse environment.
Ability to manage multiple competing priorities while building effective relationships.
Extremely organized and persistent, with drive and determination to achieve goals
TECHNICAL COMPETENCIES
Formulation of strategies and concepts
Business/commercial acumen. Report writing skills
Problem solving
Analytical and diagnostic skills
Technical analysis
Consulting skills
BEHAVIOURAL COMPETENCIES
Strategic thinking
Attention to detail
Taking initiative
Presentation and communication skills
Coping with pressures and setbacks
APPLY NOW
ASSOCIATE: DEVELOPMENT DEBT LARGE
APPLY NOW
Job number IDC00420
Contract Type Permanent
Posting End Date 11 Mar 2025
Region Gauteng
IDC Job Grade P-Band
Job Description
To ensure the correct and timeous implementation of approved transactions and proactive the management of Business Partners with the view of enhancing portfolio management by focusing on support, value add and growth and optimizing cashflow collection, where relevant and protection of IDC’s interests.
Qualification and Experience
Qualifications:
- BCom Accounting with post graduate degree e.g. BCompt (Honours) or BSC engineering or similar 4-year undergraduate qualification with finance experience.
- CA (SA) would be an advantage
Knowledge and Experience:
- The candidate should have at least 5-8 years of relevant experience in post investment monitoring / portfolio management or evidencing experience in managing key aspects of business partner relationships by considering risks, mitigants and protecting financial interests.
- Experience and knowledge in the portfolio management, restructurings, Due Diligence, drawdowns processes.
- Accounting / relevant IFRS9, financial modelling and analysis experience will be an added advantageous.
- Experience in assessing the economic viability of businesses and/or projects
- Skills in respect of the analysis and interpretation of financial statements
- Sound knowledge of business and the diversity of risks that may affect businesses
- Good understanding of different types of security
- Understanding of Economic trends would be an advantage
- Project management experience will be advantage.
- Knowledge and/or understanding of BP strategic diagnostics would be an advantage
- Sound experience in a financial environment is essential
- Knowledge and experience on how to help BP’s execute value levers
Roles and Responsibilities
- Allocation of business partners portfolios to manage, some of which may be complex, technical and/or high value Business Partners.
- Ensure proper handover of Business Partners from the respective SBU is completed and all key priority and risk arears are discussed during the handover meetings
- Periodically conduct SPPI (e.g. loans) impairment reviews and timeously prepare Business Partner credit quality assessment reports in accordance with the approved IDC guidelines and policies on allocated portfolio Business Partners.
- Identify Business Partners, where performance is not at the required level and develop a framework to ensure regular client visits occur and a diagnostic analysis i conducted to identify areas requiring improvement and specialized assistance and intervention.
- Schedule performance monitoring feedback sessions with investee companies on a regular basis.
- Ensure that monitoring and counselling services are provided on Value Creation levers in accordance with the Value Creation Plans and that Business Partners meet the contractual and underwriting obligations.
- Conduct regular client visits and Business Partner reviews including undertaking reviews, application of funds review where applicable and AFS analysis, covenant reviews and assigning of risk rating to Business Partners.
- Proactively identify early warning signals and initiate appropriate intervention processes where necessary.
- To ensure that all necessary amendments to contracts during the life span of the Business Partner are timeously and adequately executed.
- To ensure that all exit processes i.e. early settlement, IRR and other calculations and release of security on allocated portfolio of business partners are properly executed.
- To promptly monitor and follow-up all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of business partners.
- To focus on collection inflows from business partners and monitoring forecasts against actual performance.
- To analyse financial information from allocated business partners on a regular basis and assess the need for initiating intervention based on the analysis.
- To ensure maximising of IDC value and limiting losses by being considerate of eventual exiting of investments where relevant.
- To focus on enhanced portfolio management and by focusing on value add and growth of IDC’s clients and optimised cashflow collection, where relevant while at the same time ensuring protection of IDC’s interests.
- To assist in refining and adopting the evolving debt as set out.
- From time to time to be involved in department and organisation wide initiatives linked to the department’s function.
- Prepare portfolio reports as and when required on the portfolio under management and present to all relevant portfolio risk management committees.
- Prepare and present credit submissions (amendments, condonations, restructurings etc.) to the relevant credit committees.
Job Requirements
TECHNICAL COMPETENCIES
- Portfolio Management
- Customer Insight & Focus
- Formulation of Strategies & Concepts
- Stakeholder Management
- Financial modelling
- Business/Commercial Acumen
- Report writing skills
- Value Creation Planning
- Problem Solving
- Analytical & Diagnostic Skills
- Project Management Skills
- Consulting Skills
- Report writing skills
BEHAVIOURAL COMPETENCIES
- Negotiating & Influencing
- Credible Activist
- Deciding and Initiating.
- Planning & Organizing
- Coaching and mentoring
- Presentation and communication skills
- Negotiating & Influencing
- Coping with Pressures and Setbacks
APPLY NOW