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INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES
INDUSTRIAL DEVELOPMENT CORPORATION (IDC)
PAYROLL ADMINISTRATOR
Job number IDC00435
Job Grade A Band
Closing date 13-Dec-2024
Synopsis
Two main duties: (i) To monitor Strategic Implementation Partner (“SIPs”) payroll submissions and ensure that timesheets are timeously and accurately converted to net pay accordingly and ensuring that SIP payroll is complete in all aspects. (ii) Monitor the SIPs monthly, quarterly and bi-annual programme compliance / reporting.
Job Description
MAIN DUTIES AND RESPONSIBILITIES
Monitoring/vetting of payroll information submitted by the SIPs to ensure it is valid, approved and accurate
Perform analysis on SIP payroll data to identify any anomalies and track compliance to agreed pay rates and employee level split
Compare actual wage and non-wage costs to budget and identify reasons for variances
Checking UIF, COIDA provisions for reasonability and ensure payment on the part of SIPs to relevant statutory bodies
Engage SIP’s regularly on variances, forecasts and statutory compliance
Analyse exception reports timeously and follow up on unsuccessful wage payments to ensure timeous completion
Analyse recipient movements (Onboards, offboards, transfers)
Monitor SIPs monthly progress reports against budgetary spend
Monitor SIPs monthly progress reports against programme outputs
Maintaining confidentiality at all times
Qualification and Experience
QUALIFICATIONS: (Formal qualifications)
Post Matric qualification – Diploma
KNOWLEDGE AND EXPERIENCE
2 – 5 years related payroll administration experience
Performing reconciliations
General payroll administration, queries and filing
MS Word; PowerPoint; Excel; Outlook
Project Administration will be an added advantage
Job Requirements
TECHNICAL/FUNCTIONAL COMPETENCIES
Ability to cope under pressure
Planning and organizing skills
Attention to detail
Ability to work with numerical data
Report writing skills
Ability to liaise and engage with both internal and external clients
BEHAVIOURAL COMPETENCIES
Good ethics, integrity and high level of professionalism
Confidentiality because of the nature of the work
Communication skills (both written and verbal)
Ability to work as part of a team
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PAYROLL ADMINISTRATOR
Job number IDC00435
Job Grade A Band
Closing date 13-Dec-2024
Synopsis
Two main duties: (i) To monitor Strategic Implementation Partner (“SIPs”) payroll submissions and ensure that timesheets are timeously and accurately converted to net pay accordingly and ensuring that SIP payroll is complete in all aspects. (ii) Monitor the SIPs monthly, quarterly and bi-annual programme compliance / reporting.
Job Description
MAIN DUTIES AND RESPONSIBILITIES
Monitoring/vetting of payroll information submitted by the SIPs to ensure it is valid, approved and accurate
Perform analysis on SIP payroll data to identify any anomalies and track compliance to agreed pay rates and employee level split
Compare actual wage and non-wage costs to budget and identify reasons for variances
Checking UIF, COIDA provisions for reasonability and ensure payment on the part of SIPs to relevant statutory bodies
Engage SIP’s regularly on variances, forecasts and statutory compliance
Analyse exception reports timeously and follow up on unsuccessful wage payments to ensure timeous completion
Analyse recipient movements (Onboards, offboards, transfers)
Monitor SIPs monthly progress reports against budgetary spend
Monitor SIPs monthly progress reports against programme outputs
Maintaining confidentiality at all times
Qualification and Experience
QUALIFICATIONS: (Formal qualifications)
Post Matric qualification – Diploma
KNOWLEDGE AND EXPERIENCE
2 – 5 years related payroll administration experience
Performing reconciliations
General payroll administration, queries and filing
MS Word; PowerPoint; Excel; Outlook
Project Administration will be an added advantage
Job Requirements
TECHNICAL/FUNCTIONAL COMPETENCIES
Ability to cope under pressure
Planning and organizing skills
Attention to detail
Ability to work with numerical data
Report writing skills
Ability to liaise and engage with both internal and external clients
BEHAVIOURAL COMPETENCIES
Good ethics, integrity and high level of professionalism
Confidentiality because of the nature of the work
Communication skills (both written and verbal)
Ability to work as part of a team
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SENIOR LEGAL ADVISOR
Job number IDC00436
Job Grade M Band
Closing date 16-Dec-2024
JOB PURPOSE
To provide sound, clear and accurate legal advice to mitigate the legal risks that the IDC is exposed to in its daily activities.
Qualification and Experience
Qualifications
- Law degree and Admission as an Attorney essential
- Master’s degree such as LLM desirable
- A minimum of 5 years’ post-article experience in in a banking and finance/corporate finance/project finance environment.
- 8-10 years working experience in the banking and finance/SoE/DFI (restructuring, turnaround & business rescue) space is essential.
- Experience in the drafting, review, negotiation and re-negotiation of cross-border, project finance, corporate, commercial, structured and re-structured finance transactions.
MAIN DUTIES AND RESPONSIBILITIES
- Provide general legal advice, including legal research
- Structure, restructure, negotiate and re-negotiate corporate and commercial transactions including project finance and cross-border financing transactions
- Identify, evaluate and structure import and export finance transactions
- Ensure compliance with internal legal and other IDC procedures and policies
- Identify and minimize potential legal risks
- Draft, review, negotiate and re-negotiate financing agreements and other legal documentation
- Make presentations and opine on legal and regulatory developments
- Conducting legal due diligence investigations
- Ensure efficiencies aimed at improving client satisfaction by providing efficient legal services
- Developing and maintaining relationships with providers of legal services (including, external legal counsels, business rescue practitioners and other key stakeholders)
- Develop and maintain client and institutional relationships, internally, locally and internationally
Job Requirements
TECHNICAL/FUCNTIONAL COMPETENCIES
- Sound corporate and commercial legal knowledge
- Ability to work independently and within a team
- Draft and negotiate loan agreements and other legal documentation
- Transactional negotiations at senior level
- Excellent analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Independent judgement and good analytical skills
- Capable of working in a high-pressured environment and can exercise independent judgement
- Ability to prioritize and plan
- Ability to independently provide guidance and timeous delivery on highly complex projects
- Ability to coach and mentor juniors on areas of specialization
- Good knowledge and understanding of international and local financing instruments
BEHAVIOURAL COMPETENCIES
Collaboration and Influence: The successful candidate is a senior person who will be highly visible and credible with key internal and external stakeholders and proactive in aligning risk strategies to address the business.
Leadership: This individual will possess excellent personal communication skills that engender credibility and confidence both inside and outside the IDC and a team-first mentality. Resourceful and a self-starter, the candidate will know how to make things happen through his or her people, while also being hands-on. The ideal candidate must have natural leadership abilities and be capable of crafting the vision and creating support from within.
Teamwork: A true team player. Supportive of his or her team, peers and others across the organisation. Contributes to an atmosphere in which people work together, enthusiastically and effectively, in producing outstanding results.
Results Oriented: Energetic, resourceful, sophisticated and savvy, with strong service orientation and positive “can-do” attitude. Fully committed to the job and to delivering outstanding work. Never satisfied with status-quo, continually striving for excellence. Enjoys working “hands-on”. Strong attention to detail.
Judgment: Makes timely decisions while including necessary people in the decision-making process. Exhibits sound and rational judgment.
Communication: Possesses excellent written/oral communication skills as well as excellent persuasive and presentation skills. Able to deal effectively with a broad range of personalities and cultures.
Change agent and strategic thinker: An innovative thinker who is comfortable designing for the future, while managing day-to-day matters.
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