INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES

INDUSTRIAL DEVELOPMENT CORPORATION (IDC)

SECRETARY: CORPORATE SECRETARIAT
Job number IDC00422
Job Grade A Band
Closing date 30-Nov-2024

Job Description
Responsible for providing Secretarial and Administrative support to the Departments Head and the team to ensure an efficient running of the Department.
To assist Head and colleagues with support through planning and coordination of information in order to optimize workflow procedures in the Department.

To be the point of reference for all queries, requests or issues and be an integral part of the business unit.

Qualification and Experience
Qualification
Secretarial Diploma or relevant Certificate in Administration
Experience

2 to 5 years proven Secretarial and Administration experience.
The following computer skills and knowledge of office software packages are essential:
MS Word; PowerPoint; Excel; Outlook
Knowledge of SAP will be an added advantage

Roles and Responsibilities
Financial / Shareholder Returns

Process the department’s expenditure and / or invoices

Internal / Operational Processes

Provide secretarial support and general administrative function to the Head and team members, including transactions pipeline administration (SAP based)
Receive, direct and relay telephone messages and follow up with team members to ensure that it has been actioned
Provide general administration work including typing, reports, presentation slides, scheduling appointments and collating minutes
Arrange and manage meetings or events and supporting logistics
Assist in minutes taking and delivery of finalised document
Manage the Head’s diary
Maintain the general filing system and file all correspondence, as well as maintaining electronic filing on Docupedia and the SharePoint
Making travel arrangements and processing claims for the Head and team members (as required)
Facilitate maintenance of office equipment
Requisition of stationery
Facilitate the on boarding of new staff members joining the team
Maintain an updated contact list for the department
Provide administrative support in order to optimize workflow procedures in the office.

Customer Focus & Stakeholder Management

Provide professional secretarial support
Provide an efficient customer service to both internal and external customers
Learning, Leadership & People Growth
Manage own development to enhance own competencies
Participate in knowledge sharing in the team

Job Requirements
TECHNICAL/FUNCTIONAL COMPETENCIES

Administration and telephone skills
Planning and organising skills
Attention to detail
Ability to liaise and engage with both internal and external clients
Customer service skills
Computer proficiency
Minutes taking skills

BEHAVIOURAL COMPETENCIES

Interpersonal skills
Good ethics, integrity and high level of professionalism
Confidentiality because of the nature of the work
Communication skills (both written and verbal)
Ability to multi task and thrive under work pressure

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ASSOCIATE-DEVELOPMENT DEBT SMALL
Job number IDC00417
Job Grade P-Band
Closing date 29-Nov-2024

Job Description
To ensure the correct and timeous implementation of approved transactions and proactive 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
Sound experience in a financial environment is essential
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 an advantage.
Knowledge and/or understanding of BP strategic diagnostics would be an advantage
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 classified under the Small Debt Segment
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 diagnostics analysis is 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 client visits and regular Business Partner reviews which includes undertaking reviews, application funds reviews 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

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ASSOCIATE: DEVELOPMENT DEBT LARGE
Job number IDC00420
Job Grade P-Band
Closing date 29-Nov-2024

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

SENIOR ASSOCIATE: DEVELOPMENT DEBT LARGE
Job number IDC00419
Job Grade M Band
Closing date 29-Nov-2024

Job Description
To ensure the correct and timeous implementation of approved transactions and proactive management of Business Partners with the view of enhancing portfolio management, by focusing on support, value add and growth and optimizing cashflow collection and protection of IDC’s interests.

Qualification and Experience
Qualifications:

CA (SA) or BCom Accounting with post graduate degree e.g. BCompt (Honours)
BEng / BSc or similar qualification with Honours / post-graduate degree.
Post-graduate qualification such as MBA/MBL will be added advantage.
Project Management Professional qualification (PMP) will be added advantage.

Knowledge and Experience:

The candidate should have at least 8-10 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, draw downs and exit processes.
Accounting / relevant IFRS9, financial modelling and analysis experience will be an added advantage.
Experience in assessing the economic viability of businesses and/or projects
Sound experience in a financial environment is essential
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

Roles and Responsibilities

Post investment and portfolio monitoring and management of allocated portfolio of 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 impairment reviews and timeously prepare Business Partner credit quality assessment reports in accordance with the approved IDC guidelines and policies on allocated portfolio
Conduct client visits and regular Business Partner reviews, which includes; undertaking reviews, application of funds review where applicable and AFS analysis, covenant reviews and assigning of risk rating to Business Partners where applicable.
Schedule performance monitoring feedback sessions with investee companies on a regular basis.
Identify Business Partners, where performance is not at the required level and develop a framework to ensure regular client visits occur and a diagnostics analysis is conducted to identify areas requiring improvement and specialized assistance and interventions.
Work closely with large Business Partners in identifying areas for growth and value creation and monitoring the implementation of the value creation strategy of the investee companies.
Collate and analyse Business Partner performance data to develop a high-level Value Creation Plan, assess Business Partner performance relative to Value Creation Plan and identify when additional support is required.
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.
Identify strategic data to be collected from Business Partners to actively monitor and evaluate the implementation of such strategic initiatives.
To provide continuous technical guidance to fellow team members in all key areas of their responsibilities.
Prepare and present credit submissions (amendments, condonations, restructurings etc.) to the relevant credit committees.
To ensure that all necessary amendments and approvals required during the life span of the Business Partner are timeously and adequately executed and ensuring that the Business Partners meets contractual obligations and follows up if Business Partners are in breach.
To ensure that all exit processes and other calculations on allocated portfolio of Business Partners are properly executed, working closely with e.g. Corporate Treasury and Financial Management Depts and other support departments.
To monitor and timeously report on undrawn facilities on the allocated portfolio of Business Partners (where applicable), including the collection of data that is to be captured by the back office.
To promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of Business Partners.

Work closely with the Legal and Technical teams to ensure timeous registration of tangible collateral and other securities.
To analyse financial information from allocated large Business Partners on a regular basis and assess the need for initiating interventions based on the analysis.
To work closely with the Boards and Management teams of the investee companies to ensure that the Business Partners under management are profitable.
Work closely with other members of the IDC team to ensure that the investee companies under management achieve their stated targets and forecasts.
Prepare portfolio reports as and when required on the portfolio under management, and present to all relevant portfolio risk management committees.
Assist the Manager in other duties related to the department.
Required to travel extensively as and when required.

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

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

SENIOR ASSOCIATE: DEVELOPMENT DEBT SMALL
Job number IDC00418
Job Grade M Band
Closing date 29-Nov-2024

Job Description
To ensure the correct and timeous implementation of approved transactions and proactive management of Business Partners with the view of enhancing portfolio management by focusing on support, value add and growth and optimizing cashflow collection and protection of IDC’s interests.

Qualification and Experience
Qualifications:

CA (SA) or BCom Accounting with post graduate degree e.g. BCompt (Honours)
BEng / BSc or similar qualification with Honours / post-graduate degree
Post-graduate qualification such as MBA/MBL will be added advantage.
Project Management Professional qualification (PMP).

Knowledge and Experience:

The candidate should have at least 8-10 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, draw downs and exit processes
Accounting / relevant IFRS9, financial modelling and analysis experience will be an added advantage
Experience in assessing the economic viability of businesses and/or projects
Sound experience in a financial environment is essential
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 an advantage.
Knowledge and/or understanding of BP strategic diagnostics would be an advantage
Knowledge and experience on how to help BP’s execute value levers

Roles and Responsibilities

Post investment and portfolio monitoring and management of allocated portfolio of complex, technical and/or high value business partners classified under the Small Debt Segment
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 impairment reviews and timeously prepare Business Partner credit quality assessment reports in accordance with the approved IDC guidelines and policies on allocated portfolio
Conduct client visits and regular Business Partner reviews, which includes undertaking reviews, application funds reviews where applicable and AFS analysis, covenant reviews and assigning of risk rating to Business Partners where applicable
Schedule performance monitoring feedback sessions with investee companies on a regular basis.
Identify Business Partners, where performance is not at the required level and develop a framework to ensure regular client visits occur and a diagnostics analysis is conducted to identify areas requiring improvement and specialized assistance and intervention.
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.
Collate and analyse business partner performance data to develop a high-level Value Creation Plan, assess business partner performance relative to value creation plan and identify when additional support is required
Identify strategic data to be collected from Business Partners to actively monitor and evaluate the implementation of such strategic initiatives.
To provide continuous technical guidance to fellow team members in all key areas of their responsibilities.
Prepare and present credit submissions (amendments, condonations, restructurings etc.) to the relevant credit committees.
To ensure that all necessary amendments and approvals required during the life span of the Business Partner are timeously and adequately executed and ensuring that the BP meets contractual obligations and follows up if Business Partners are in breach
Assist the Manager in other duties related to the departmen to ensure that all exit processes and other calculations on allocated portfolio of business partners are properly executed, working closely with e.g Corporate Treasury and Financial Management Depts and other support departments.
To monitor and timeously report on undrawn facilities on the allocated portfolio of business partners (where applicable), including the collection of data that is to be captured by the back office
To promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of business partners.
To analyse financial information from allocated large Business Partners on a regular basis and assess the need for initiating intervention based on the analysis.
Working closely with large business partners in identify areas for growth and value creation and monitoring the implementation of the value creation strategy of the investee companies.
To work closely with the Boards and Management teams of the investee companies to ensure that the Business Partners under management are profitable.
Work closely with other members of the IDC team to ensure that the investee companies under management achieve their stated targets and forecasts.
Prepare portfolio reports as and when required on the portfolio under management and present to all relevant portfolio risk management committees.
Required to travel extensively as and when required.

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

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