INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES

​ 
 
COPY OF PROGRAMME MANAGER INFRASTRUCTURE FUNDING & FINANCING (60 MONTHS)
 
IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.
Job number IDC00605
Contract Type Fixed Term Contractor
Posting End Date 28 Sept 2025
Region Gauteng
IDC Job Grade M Band
 
Synopsis
This role provides for specialist project financing expertise and treasury functions as well as financial planning capability for the priority portfolio. The incumbent will be responsible for providing fit-for-purpose finance and funding solutions for project preparation and capital investments in the priority infrastructure portfolio. The role also entails finding innovative ways to structure capital funding for priority projects and programmes. This will be done in collaboration with the Infrastructure Fund, National Treasury and others funding sources. The incumbent will be responsible for ensuring that ISA plans for and sources the funding needed for priority projects’ preparation and develops financial and commercial models for these projects.
 
Job Description
Objectives

• Development of financial and funding models for projects registered with Infrastructure South Africa and undergoing project preparation.
• Assess and source the opportunity of public funding and private financing (PPPs, blended finance) for priority infrastructure projects.
• Lead the preparation and sourcing of additional funding mechanisms to implement Infrastructure South Africa’s mandate for project preparation.
• Provide strategic guidance to project sponsors on aligning project objectives with funding opportunities.
• Manage a multi-disciplinary team of infrastructure funding and financing specialists.
• Build relationships and collaborations with key stakeholders in the infrastructure funding & financing space such as the development finance institutions, multi-lateral development banks, commercial banks, and sovereign wealth funds.

 
Qualification and Experience
Basic requirements for the role
Formal Qualification/Degree Any of the following qualifications:
Postgraduate/NQF level 8 related qualification in Financial Engineering, Development Finance, Economics, Actuarial Science or Accounting.
 
Experience

• Minimum 8 to 10 years of experience in infrastructure finance, financial modelling, risk assessment, and strategic financial management, with a strong background in public-private partnerships and green finance.
• Advantage: Minimum of 3 years’ experience working at a management level. Registration with a Professional Body N/A The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa, and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens.
• Additional Advantage: Registration with a statutory body or legally recognized association.

 
Roles and Responsibilities
Job Related Knowledge

• International best practice in infrastructure funding & financing.
• Relevant Legislation such as PFMA/MFMA & Regulations, Donor Funds, PPP Framework
• Strong analytical skills in assessing funding opportunities, with experience in economic modelling, policy evaluation, business model development, and financing mechanism.
• Knowledge of infrastructure industry trends, financial markets, and regulatory frameworks.
• Strong understanding of infrastructure issues and the interrelated linkages.
• Proficiency in financial modelling tools with ability to effectively interpret and communicate the output and recommendation.

 
 Behavioural Competency

• Communication Skills
• Teamwork
• Relationship Building
• Adaptability & Innovation
• Continuous Learning
• Problem Solving
• Attention to Detail
• Ethical Conduct
• Organizational Skills 8 Resilience

 
Technical Competency

• Good analytical skills
• Good interpersonal skills
• Ability to delegate responsibly
• Ability to build and manage relationships
• Solutions oriented good presentation skills
• Good written and verbal communication skills
• Excellent scheduling and time management skills
• Good technical understanding of financial concepts
• Ability to multitask and thrive under work pressure
• Ability to liaise and engage with both internal and external stakeholders
• Proficiency in MS Office: Excel, Word, PowerPoint, Outlook, MS Teams

 
PLEASE APPLY HERE
 
 
 
 
 
 

​FINANCIAL ACCOUNTANT
 
IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.
Job number IDC00606
Contract Type Permanent
Posting End Date 26 Sept 2025
Region Gauteng
IDC Job Grade P-Band
 
Synopsis
To assist with Financial Reporting activities for parent company, internal subsidiaries and consolidated financial statements. Be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with regulatory requirements.
 
Qualification and Experience
• Bachelor's/post-graduate degree in Financial/Management accounting
• CA(SA) would be advantageous
• Minimum of 5-8 years’ PFMA experience in Financial services, the public sector and DFI’s
• Experience dealing with internal and external auditors.
• Knowledge and experience of the SAP system required
• Experience in preparing financial statements on SAP DM would be advantageous
 
Roles and Responsibilities
• Preparation of the notes to the Consolidated Annual Financial Statements.
• Ensure that all internal subsidiaries financial statements are timeously prepared and  comply with IFRS.
• Liaison with both internal and external auditors.
• Preparation of VAT returns for internal subsidiaries.
• Day-to-day checking of payment proposals, journal postings and invoice processing.
• Preparation of reconciliations, financial information analysis and commentary, and       general ledger closure.
• Prepare quarterly reports submitted to National Treasury and Reserve Bank.
Daily and Monthly duties:
• Posting transactions into the SAP system.
• Checking, and releasing IDC payments (accounts payable process).
• Processing and performing leave pay provision and payroll journals and reconciliations.
• Performing staff debtors’ reconciliation.
• Performing intercompany journals and reconciliations.
• Executing sundry income and staff debtors’ recovery processes.
• Preparing audit fee provisioning.
• Preparing provision for incentive bonus, non-pensionable allowance and long-term  bonus journals reconciliations.
• Preparing retirement medical aid provision journals and reconciliations.
• Preparing VAT201 returns for internal subsidiaries.
• Preparing the imported services register.
• Raising various invoices for client fees and sundry income.
• Preparing the director emoluments confirmations.
• Processing capital transfers from debtors to loans.
• Allocating receipts of monies from FASSET, IDC pensioners, I Do Care payroll, creche, Cash Management for corporate gifts and access cards and sundry income invoices.
• Checking payment proposals, transfers of monies between various bank accounts  and daily money market deals.
• Authorising bank charges, municipal invoices and statements.
• Validating vendor roles on SAP.
• Allocation of Guardrisk money received and payment to Guardrisk for IDC  Pensioners’ insurance.
• Perform ad-hoc tasks for Manager: Financial Management and other departments.
• Attend various meetings on behalf of the manager and provide feedback.
 
Quarterly duties:
• Perform National Treasury financial reporting (PE48, N01, N02, MTEF), Reserve Bank reporting (F02 and F04).
 
Interim and Year end duties:
• Ensure completion of internal subsidiary trial balances for group consolidation.
• Assist in drafting and sending out letters to all associates and subsidiaries, as well as following up on outstanding letters at interim and year end consolidation process.
• Assist in verifying the intercompany confirmations received from external subsidiaries.
• Assist in performing elimination and consolidation entries in the consolidation model.
• Assist in the preparation of the Annual Financial Statements notes.
• Assist with the preparation of IAS 28 investments in associates and joint ventures.
• Accounting for accruals, including dividends.
• Be a 1st – level reviewer in other notes to the interim and annual financial statement.
• Assist in financial results presentations and analysis (abridged financial statements, CFO reports, commentary, analysis, going concern assessments, share portfolio reporting etc.)
 
PLEASE APPLY HERE

​FINANCIAL ACCOUNTANT
IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.
Job number IDC00606
Contract Type Permanent
Posting End Date 26 Sept 2025
Region Gauteng
IDC Job Grade P-Band
 
Synopsis
To assist with Financial Reporting activities for parent company, internal subsidiaries and consolidated financial statements. Be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with regulatory requirements.
 
Qualification and Experience
• Bachelor's/post-graduate degree in Financial/Management accounting
• CA(SA) would be advantageous
• Minimum of 5-8 years’ PFMA experience in Financial services, the public sector and DFI’s
• Experience dealing with internal and external auditors.
• Knowledge and experience of the SAP system required
• Experience in preparing financial statements on SAP DM would be advantageous
 
Roles and Responsibilities
• Preparation of the notes to the Consolidated Annual Financial Statements.
• Ensure that all internal subsidiaries financial statements are timeously prepared and  comply with IFRS.
• Liaison with both internal and external auditors.
• Preparation of VAT returns for internal subsidiaries.
• Day-to-day checking of payment proposals, journal postings and invoice processing.
• Preparation of reconciliations, financial information analysis and commentary, and general ledger closure.
• Prepare quarterly reports submitted to National Treasury and Reserve Bank.
 
Daily and Monthly duties:
• Posting transactions into the SAP system.
• Checking, and releasing IDC payments (accounts payable process).
• Processing and performing leave pay provision and payroll journals and reconciliations.
• Performing staff debtors’ reconciliation.
• Performing intercompany journals and reconciliations.
• Executing sundry income and staff debtors’ recovery processes.
• Preparing audit fee provisioning.
• Preparing provision for incentive bonus, non-pensionable allowance and long-term  bonus journals reconciliations.
• Preparing retirement medical aid provision journals and reconciliations.
• Preparing VAT201 returns for internal subsidiaries.
• Preparing the imported services register.
• Raising various invoices for client fees and sundry income.
• Preparing the director emoluments confirmations.
• Processing capital transfers from debtors to loans.
• Allocating receipts of monies from FASSET, IDC pensioners, I Do Care payroll, creche, Cash Management for corporate gifts and access cards and sundry income invoices.
• Checking payment proposals, transfers of monies between various bank accounts  and daily money market deals.
• Authorising bank charges, municipal invoices and statements.
• Validating vendor roles on SAP.
• Allocation of Guardrisk money received and payment to Guardrisk for IDC  Pensioners’ insurance.
• Perform ad-hoc tasks for Manager: Financial Management and other departments.
• Attend various meetings on behalf of the manager and provide feedback.
 
Quarterly duties:
• Perform National Treasury financial reporting (PE48, N01, N02, MTEF), Reserve Bank reporting (F02 and F04).
 
Interim and Year end duties:
• Ensure completion of internal subsidiary trial balances for group consolidation.
• Assist in drafting and sending out letters to all associates and subsidiaries, as well as following up on outstanding letters at interim and year end consolidation process.
• Assist in verifying the intercompany confirmations received from external subsidiaries.
• Assist in performing elimination and consolidation entries in the consolidation model.
• Assist in the preparation of the Annual Financial Statements notes.
• Assist with the preparation of IAS 28 investments in associates and joint ventures.
• Accounting for accruals, including dividends.
• Be a 1st – level reviewer in other notes to the interim and annual financial statement.
• Assist in financial results presentations and analysis (abridged financial statements, CFO reports, commentary, analysis, going concern assessments, share portfolio reporting etc.)
 
PLEASE APPLY HERE