INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES

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SENIOR DEALMAKER - AUTOMOTIVE AND TRANSPORT EQUIPMENT
JOB NUMBER IDC00272
JOB GRADE M Band
CLOSING DATE 24-May-2024
 
JOB DESCRIPTION
To 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.
 
QUALIFICATION AND EXPERIENCE
Qualification

• Relevant commercial or technical Honours Degree or equivalent qualification.

 
Knowledge & Skills

• 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 /
• 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 and cross functional
• Coaching and mentoring of team members

 
APPLY NOW
 
 
 
 

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HCIM SENIOR SPECIALIST
JOB NUMBER IDC00274
JOB GRADE M Band
CLOSING DATE 23-May-2024
 
JOB DESCRIPTION
·    Configuration and maintain the SAP HR modules (PA, PY, OM, TM, Comp Management, SAP Portal, etc.) based on business requirements within Human Capital Function (HC)
·    Design and map business processes, procedures and workflows for services rendered
·    Conduct process analysis and solution design and blueprint workshops
·    Manages all support requests sent through to the external support service provider with respect to the provision of functional specifications, system testing and sign-off
·    Complete all the required system testing for continuous improvement.
·    Be the lead with respect to system integration within HC.
·    Identify potential solutions for existing business processes and matters related to legislative compliance.
·    Run monthly time evaluation to ensure accurate leave accumulation credits
·    Conduct end user training on ESS/MSS
·    Serve as a liaison with the IT department on technical matters
·    Taking the development lead for delivering system development and new releases 
·    Monitoring of data accuracy and validity using SAP Report tools and BI (Analytics)
·    Perform system audit trails to identify system errors and resolve the errors
·    Provides reports on human capital compliance issues.·    
·    Design and map business processes, procedures and workflows for services rendered
·    Conduct process analysis and solution design and blueprint workshops
·    Manages all support requests sent through to the external support service provider with respect to the provision of functional specifications, system testing and sign-off
·    Complete all the required system testing for continuous improvement.
·    Be the lead with respect to system integration within HC.·    
·    Manages all support requests sent through to the external support service provider with respect to the provision of functional specifications, system testing and sign-off
·    Complete all the required system testing for continuous improvement.
·    Be the lead with respect to system integration within HC.
·    Identify potential solutions for existing business processes and matters related to legislative compliance.
·    Run monthly time evaluation to ensure accurate leave accumulation credits
·    Conduct end user training on ESS/MSS
·    Serve as a liaison with the IT department on technical matters
·    Taking the development lead for delivering system development and new releases 
·    Monitoring of data accuracy and validity using SAP HR Reporting tools and BI (Analytics
·    Perform system audit trails to identify system errors and resolve the errors
·    Provides reports on human capital compliance issues.
 
QUALIFICATION AND EXPERIENCE
Formal Qualifications:

• Bachelor’s degree or equivalent in HC, Information Systems, or related functions

Years of Experience:

• 8 - 10 years of a combination of professional experience in information systems management and human resource management
• Experience of SAP HR

 
ROLES AND RESPONSIBILITIES
System Optimization and Maintenance

• Analyse and report the need for system enhancement or customisation
• Assist in the review, testing and implementation of HR information system upgrades or patches
• Collaborate with functional and technical staff to coordinate application of upgrade or fix
• Confirms accuracy and integrity of all data entered, maintains data in HRIM systems and databases and assures information is available on a timely basis.
• Performs group data updates, exports, imports, clean-ups, and researches/reports on any data discrepancies.
• Recommend changes to current processes to provide more effective use of the HRIM

HR Functional Analysis

• Delivers routine daily/weekly/monthly reporting and responds to basic to intermediate ad hoc data requests.
• Conducts data analysis on HR data such as compensation, classification, employment, employee relations, and/or benefits data as directed.
• Prepares reports, graphs, charts and statistics in support of human capital operations.
• Applies HC functional knowledge in optimising HR information systems support
• Create, generate, and maintain effective HC reporting, including turnover, headcount, recruiting, organisation charts, and other key metrics to drive organisational effectiveness
• Develop a dashboard of HC metrics to be presented at monthly, quarterly, and annual senior leadership meetings
• Develop and generate ad hoc reports to provide HC with timely and accurate data
• Create and maintain documentation of reporting processes and training guides for end users

Training and Research

• Develop user procedures, guidelines and documentation
• Train staff members and managers/supervisors/administrator on new processes/functionality
• Maintain awareness of current trends in HC information systems with a focus on product and service development, delivery and support, and applying new technologies

 
 
JOB REQUIREMENTS
 
Execution And Delivery
Resilience
• Deal With Problems And Recover Quickly From Difficulties Whilst Taking Action Based On The Highest Ethical Standards.
Decisiveness In Execution
• Have A ‘Can Do’ Attitude With A Success Minded Bias. Understand What Is Required, Take Accountability And Able To Execute With Focus.
 
People Engagement
People Engagement
• Manage, Lead, Encourage, Inspire And Support Others To Develop Confidence And Capability To Help Them Drive Personal And Organisational Objectives.
Communication And Engagement
• Clearly And Concisely Communicate And Engage In A Comprehensive Way. Adapt The Style And Content Of Communication Appropriate For The Specific Audience.
Diverse Stakeholder Management
• Effectively Address And Unlock The Ability Of The Differences In Values And Expectations Of Internal And External Stakeholders. Encourage And Drive Cross-Generational Interaction At The Various Levels Of Interaction.
Team Work
• Work Collaboratively With Others To Build And Maintain Strong, Positive, Upbeat, Cohesive Teams To Reach The Corporation Objectives.
 
Future Enablement
Innovation
• Create And Facilitate An Enabling Environment That Embraces Creative Thinking That Drives Continuous Improvement.
Change Leadership
• Initiate, Drive And Support Organisational Transformation And Change In Order To Successfully Implement New Initiatives And Deliver On The Mandate.
 
Commercial & Developmental Astuteness
Strategic Thinking
• Manage Internal And External Complexity, Develop And Drive A Shared Understanding Of A Long-Term Vision And Sustainability Of The Corporation.
Business Mind Set
• Understand The Interests And Challenges Of Stakeholders Within The Political And Economic Landscape With A Development Mind Set. Ability To Engage With Stakeholders To Add Value Towards Competitive Advantage.
 
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PLANT EQUIPMENT & MACHINERY VALUER (FTC: 24 MONTHS)
JOB NUMBER IDC00273
JOB GRADE P-Band
CLOSING DATE 22-May-2024
 
JOB DESCRIPTION
To independently assess and provide expect advise on the estimated new replacement cost, open market, forced sale and other values of physical assets (plant, equipment and machinery) in order to ensure that physical assets, including those considered for and / or taken for collateral, are properly valued.
 
QUALIFICATION AND EXPERIENCE
Qualification

• Diploma or Bachelor’s degree in Engineering
• Registered Professional Engineer with the Engineering Council of South Africa (ECSA), Member of Royal Institution of Chartered Surveyors (RICS), American Society Appraiser (ASA) will be an advantage

 
Knowledge & Skills

• 5-8 years' experience in plant, machinery and equipment appraisal
• Work experience in mechanical / industrial engineering and/or financial services industry will be an advantage

 
ROLES AND RESPONSIBILITIES
Independently conducting own assessments and valuations of plant, equipment and machinery, and providing expect advice on:

• The appropriateness and reasonability of the Client’s anticipated capital expenditure on plant, equipment and machinery in order to validate against the applicable industry norms.
• The functional, economic, physical obsolescence, etc of plant, equipment and machinery including the impact and implications thereof on the IDC’s physical collateral register.
• The forecast of total and remaining economic life and value of plant, equipment and machinery including the impact and implications thereof on the IDC’s physical collateral.
• The variance between the Client’s and own independently determined estimated capital expenditure costings, envisaged process improvements, etc, including making recommendations for adherence to industry norms and best practices.
• The appropriateness of the envisaged plant and equipment installation strategy, methodology, programme and deliverables against set programme milestones.
• The risks inherent in the clients’ plant and equipment projects including making recommendations for risk mitigation
• The validity and accuracy of reviewed valuation reports of the physical assets prepared by others.

The required continuous improvement on the department’s process, procedures, templates, etc.

• Maintain relevant records and relations in support of expertise, expert knowledge
• Report writing and presentations at internal and external committees
• Manage effective interaction with SBUs and Departments
• Maintain and enhance current knowledge and awareness of valuation and other effective practices.

 
APPLY NOW

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SENIOR DEALMAKER - AUTOMOTIVE AND TRANSPORT EQUIPMENT
JOB NUMBER IDC00275
JOB GRADE M Band
CLOSING DATE 22-May-2024
 
JOB DESCRIPTION
To 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.
 
QUALIFICATION AND EXPERIENCE
Qualification

• Relevant commercial or technical Honours Degree or equivalent qualification.

Knowledge & Skills

• 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 and 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 /
• 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 and cross functional
• Coaching and mentoring of team members

 
APPLY NOW