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INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES
INDUSTRIAL DEVELOPMENT CORPORATION (IDC)
FUND ACCOUNTANT
Job number IDC00637
Contract Type Permanent
Posting End Date 19 Nov 2025
Region Gauteng
IDC Job Grade P-Band
Synopsis
Financial reporting and management of the 3rd Party Funds that IDC Manages or Administers.
Qualification and Experience
•Degree in Accounting or related field
•CA(SA) qualification advantageous
•5 years’ experience in the private or DFI space with strong IFRS experience
•Knowledge of public sector regulations and PFMA experience – Desirable
•Experience with IFRS 9 and accounting for expected credit losses – Desirable
•Experience dealing with internal and external auditors and stakeholder management
•Relationship building skills – stakeholder management skills
•SAP & SAPDM Skills – desirable
Roles and Responsibilities
Key functions of the position include:
Daily Tasks
•Acting as checker, releaser for IDC payments (AP process)
•Acting as poster for all Fund related transactions into the SAP system
•Calculating expected returns for funds in line with the funds department and maintaining the same in SAP
•Assisting with ad-hoc tasks as requested
•Prepare or review for posting the journals and duly authorised payments
•Review payment proposals
•Provide financial support and advice to fund managers
Monthly Tasks
•Cash updates to Fund Managers including inflows, disbursements, commitments (Monthly Dashboard)
•Provide financial support and advice to fund managers
•Updating or reviewing of the interest on IDC company as well as on each Fund
•Reconciliations of Cash balances of for 3rd party funds
•Review and posting the journals and Funds payments
•Reporting on 3rd party funds and cash balances for the IDC company
Quarterly Tasks
•Recording IMC adjustments (ECL) to Funds that extend loans (MCEP, KIPP, CTFLGP etc.) as ECL runs are completed
•Quarterly financials update (Quarterly dashboard) for fund reporting by fund managers to relevant departments
•Monitoring of all collateral relating to Funds that disburse loans
Annual Tasks
•Annual preparation of financials in accordance with relevant accounting framework
•Managing the external audit of each of the funds (and liaising with loans, FAV, CSG, Risk departments) for necessary input
•Keeping all loan related funds up to date in terms of IFRS 9, day 1 calculations, modifications etc.
•Preparing the annual cash balance confirmations for the IDC Audit
•Manage the impairment and fair value of financial instruments
PLEASE APPLY HERE
FUND ACCOUNTANT
Job number IDC00637
Contract Type Permanent
Posting End Date 19 Nov 2025
Region Gauteng
IDC Job Grade P-Band
Synopsis
Financial reporting and management of the 3rd Party Funds that IDC Manages or Administers.
Qualification and Experience
•Degree in Accounting or related field
•CA(SA) qualification advantageous
•5 years’ experience in the private or DFI space with strong IFRS experience
•Knowledge of public sector regulations and PFMA experience – Desirable
•Experience with IFRS 9 and accounting for expected credit losses – Desirable
•Experience dealing with internal and external auditors and stakeholder management
•Relationship building skills – stakeholder management skills
•SAP & SAPDM Skills – desirable
Roles and Responsibilities
Key functions of the position include:
Daily Tasks
•Acting as checker, releaser for IDC payments (AP process)
•Acting as poster for all Fund related transactions into the SAP system
•Calculating expected returns for funds in line with the funds department and maintaining the same in SAP
•Assisting with ad-hoc tasks as requested
•Prepare or review for posting the journals and duly authorised payments
•Review payment proposals
•Provide financial support and advice to fund managers
Monthly Tasks
•Cash updates to Fund Managers including inflows, disbursements, commitments (Monthly Dashboard)
•Provide financial support and advice to fund managers
•Updating or reviewing of the interest on IDC company as well as on each Fund
•Reconciliations of Cash balances of for 3rd party funds
•Review and posting the journals and Funds payments
•Reporting on 3rd party funds and cash balances for the IDC company
Quarterly Tasks
•Recording IMC adjustments (ECL) to Funds that extend loans (MCEP, KIPP, CTFLGP etc.) as ECL runs are completed
•Quarterly financials update (Quarterly dashboard) for fund reporting by fund managers to relevant departments
•Monitoring of all collateral relating to Funds that disburse loans
Annual Tasks
•Annual preparation of financials in accordance with relevant accounting framework
•Managing the external audit of each of the funds (and liaising with loans, FAV, CSG, Risk departments) for necessary input
•Keeping all loan related funds up to date in terms of IFRS 9, day 1 calculations, modifications etc.
•Preparing the annual cash balance confirmations for the IDC Audit
•Manage the impairment and fair value of financial instruments
PLEASE APPLY HERE
FUND 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 IDC00637
Contract Type Permanent
Posting End Date 19 Nov 2025
Region Gauteng
IDC Job Grade P-Band
Synopsis
Financial reporting and management of the 3rd Party Funds that IDC Manages or Administers.
Qualification and Experience
•Degree in Accounting or related field
•CA(SA) qualification advantageous
•5 years’ experience in the private or DFI space with strong IFRS experience
•Knowledge of public sector regulations and PFMA experience – Desirable
•Experience with IFRS 9 and accounting for expected credit losses – Desirable
•Experience dealing with internal and external auditors and stakeholder management
•Relationship building skills – stakeholder management skills
•SAP & SAPDM Skills – desirable
Roles and Responsibilities
Key functions of the position include:
Daily Tasks
•Acting as checker, releaser for IDC payments (AP process)
•Acting as poster for all Fund related transactions into the SAP system
•Calculating expected returns for funds in line with the funds department and maintaining the same in SAP
•Assisting with ad-hoc tasks as requested
•Prepare or review for posting the journals and duly authorised payments
•Review payment proposals
•Provide financial support and advice to fund managers
Monthly Tasks
•Cash updates to Fund Managers including inflows, disbursements, commitments (Monthly Dashboard)
•Provide financial support and advice to fund managers
•Updating or reviewing of the interest on IDC company as well as on each Fund
•Reconciliations of Cash balances of for 3rd party funds
•Review and posting the journals and Funds payments
•Reporting on 3rd party funds and cash balances for the IDC company
Quarterly Tasks
•Recording IMC adjustments (ECL) to Funds that extend loans (MCEP, KIPP, CTFLGP etc.) as ECL runs are completed
•Quarterly financials update (Quarterly dashboard) for fund reporting by fund managers to relevant departments
•Monitoring of all collateral relating to Funds that disburse loans
Annual Tasks
•Annual preparation of financials in accordance with relevant accounting framework
•Managing the external audit of each of the funds (and liaising with loans, FAV, CSG, Risk departments) for necessary input
•Keeping all loan related funds up to date in terms of IFRS 9, day 1 calculations, modifications etc.
•Preparing the annual cash balance confirmations for the IDC Audit
•Manage the impairment and fair value of financial instruments
PLEASE APPLY HERE
FUND 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 IDC00637
Contract Type Permanent
Posting End Date 19 Nov 2025
Region Gauteng
IDC Job Grade P-Band
Synopsis
Financial reporting and management of the 3rd Party Funds that IDC Manages or Administers.
Qualification and Experience
•Degree in Accounting or related field
•CA(SA) qualification advantageous
•5 years’ experience in the private or DFI space with strong IFRS experience
•Knowledge of public sector regulations and PFMA experience – Desirable
•Experience with IFRS 9 and accounting for expected credit losses – Desirable
•Experience dealing with internal and external auditors and stakeholder management
•Relationship building skills – stakeholder management skills
•SAP & SAPDM Skills – desirable
Roles and Responsibilities
Key functions of the position include:
Daily Tasks
•Acting as checker, releaser for IDC payments (AP process)
•Acting as poster for all Fund related transactions into the SAP system
•Calculating expected returns for funds in line with the funds department and maintaining the same in SAP
•Assisting with ad-hoc tasks as requested
•Prepare or review for posting the journals and duly authorised payments
•Review payment proposals
•Provide financial support and advice to fund managers
Monthly Tasks
•Cash updates to Fund Managers including inflows, disbursements, commitments (Monthly Dashboard)
•Provide financial support and advice to fund managers
•Updating or reviewing of the interest on IDC company as well as on each Fund
•Reconciliations of Cash balances of for 3rd party funds
•Review and posting the journals and Funds payments
•Reporting on 3rd party funds and cash balances for the IDC company
Quarterly Tasks
•Recording IMC adjustments (ECL) to Funds that extend loans (MCEP, KIPP, CTFLGP etc.) as ECL runs are completed
•Quarterly financials update (Quarterly dashboard) for fund reporting by fund managers to relevant departments
•Monitoring of all collateral relating to Funds that disburse loans
Annual Tasks
•Annual preparation of financials in accordance with relevant accounting framework
•Managing the external audit of each of the funds (and liaising with loans, FAV, CSG, Risk departments) for necessary input
•Keeping all loan related funds up to date in terms of IFRS 9, day 1 calculations, modifications etc.
•Preparing the annual cash balance confirmations for the IDC Audit
•Manage the impairment and fair value of financial instruments
PLEASE APPLY HERE
HUMAN CAPITAL ADMINISTRATOR
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 IDC00639
Contract Type Fixed Term Contract (24 months)
Posting End Date 19 Nov 2025
Region Gauteng
IDC Job Grade A Band
Synopsis
To provide comprehensive and administrative support to the entire Human Capital Business value chain to effectively support HC and its customers in the administration process thus ensuring a seamless administrative end-to-end HC administrative process. It also involves updating and maintaining of data within a Human Capital Management (SAP) systems, ensuring governance to processes and quality HC service delivery.
Job Description
Qualification and Experience
Qualification
National Diploma in Human Resource Management or any relevant qualification to the role.
Experience
Roles and Responsibilities
Provide Learning and Development administrative support for bursaries and training initiatives and activities:
Efficiently and effectively support L&D administration function ensuring accuracy and maintenance of bursaries and training data and records and consistently provide quality administrative services in support of L&D initiatives.
Key deliverables will include the following but not limited to:
PLEASE APPLY HERE
HUMAN CAPITAL ADMINISTRATOR
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 IDC00639
Contract Type Fixed Term Contract (24 months)
Posting End Date 19 Nov 2025
Region Gauteng
IDC Job Grade A Band
Synopsis
To provide comprehensive and administrative support to the entire Human Capital Business value chain to effectively support HC and its customers in the administration process thus ensuring a seamless administrative end-to-end HC administrative process. It also involves updating and maintaining of data within a Human Capital Management (SAP) systems, ensuring governance to processes and quality HC service delivery.
Job Description
Qualification and Experience
Qualification
National Diploma in Human Resource Management or any relevant qualification to the role.
Experience
- A minimum of 2 - 5 Years experience in bursaries and training administration.
- Knowledge of HC Value Chain processes
- Basic Conditions of Employment Act
- Employment Equity, POPIA and Labour Relations Act
- Medical Aid Schemes
- Skills Development Levy
- SAPHR (PA, LSO)
- Words, Excel, PowerPoint
- HR Smart, MIE and Talent Central (or equivalent E- recruitment systems)
- Competency based interviewing techniques, recruitment strategies
Roles and Responsibilities
Provide Learning and Development administrative support for bursaries and training initiatives and activities:
Efficiently and effectively support L&D administration function ensuring accuracy and maintenance of bursaries and training data and records and consistently provide quality administrative services in support of L&D initiatives.
Key deliverables will include the following but not limited to:
- creating client master data and vendor creations, processing of bursaries and training payments and refunds and study loan conversions,
- responding to all bursary and training related queries including audits,
- building strong customer service, sustaining relations with institutions and bursars
- maintaining a solid records management system to attain clean audits
- conducting verifications of student information and documentation
- monitor academic and emotional progress of students
- coordinate campus visits and
- capture data and ensure accuracy of student/ employee application documents.
PLEASE APPLY HERE
HUMAN CAPITAL ADMINISTRATOR
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 IDC00639
Contract Type Fixed Term Contract (24 months)
Posting End Date 19 Nov 2025
Region Gauteng
IDC Job Grade A Band
Synopsis
To provide comprehensive and administrative support to the entire Human Capital Business value chain to effectively support HC and its customers in the administration process thus ensuring a seamless administrative end-to-end HC administrative process. It also involves updating and maintaining of data within a Human Capital Management (SAP) systems, ensuring governance to processes and quality HC service delivery.
Job Description
Qualification and Experience
Qualification
National Diploma in Human Resource Management or any relevant qualification to the role.
Experience
- A minimum of 2 - 5 Years experience in bursaries and training administration.
- Knowledge of HC Value Chain processes
- Basic Conditions of Employment Act
- Employment Equity, POPIA and Labour Relations Act
- Medical Aid Schemes
- Skills Development Levy
- SAPHR (PA, LSO)
- Words, Excel, PowerPoint
- HR Smart, MIE and Talent Central (or equivalent E- recruitment systems)
- Competency based interviewing techniques, recruitment strategies
Roles and Responsibilities
Provide Learning and Development administrative support for bursaries and training initiatives and activities:
Efficiently and effectively support L&D administration function ensuring accuracy and maintenance of bursaries and training data and records and consistently provide quality administrative services in support of L&D initiatives.
Key deliverables will include the following but not limited to:
- creating client master data and vendor creations, processing of bursaries and training payments and refunds and study loan conversions,
- responding to all bursary and training related queries including audits,
- building strong customer service, sustaining relations with institutions and bursars
- maintaining a solid records management system to attain clean audits
- conducting verifications of student information and documentation
- monitor academic and emotional progress of students
- coordinate campus visits and
- capture data and ensure accuracy of student/ employee application documents.
PLEASE APPLY HERE
ANTI-MONEY LAUNDERING CONTROL OFFICER (AMLCO)
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 IDC00638
Contract Type Permanent
Posting End Date 16 Nov 2025
Region Gauteng
IDC Job Grade P-Band
Synopsis
The Anti-Money Laundering Control Officer is responsible for assisting and supporting Strategic Business Units and Departments in complying with all the anti-money laundering control legislation applicable to the IDC. These legislations include but are not limited to FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA.
The individual will support the IDC thorough developing the AMLC/PIP-PEP/Sanctions framework and procedures, facilitating the implementation, creating the required awareness, performing compliance reviews and reporting on level of compliance.
The successful incumbent will be responsible for designing, evaluating, supporting, and influencing a culture of compliance throughout the organization, as well as assisting in the management and execution of an efficient compliance monitoring program
Job Description
• Assist in the development of compliance initiatives and programs to comply with the respective money laundering legal, licensing, and regulatory obligations
• Improve and maintain AML/CTF policies and procedures
• Aid in the improvement of tools to monitor, analyse, and report suspicious activity
• Handle file reviews of suspicious activity to ensure compliance with the policies and procedures put in place
• Identify and inform of any changes to legislation and other regulatory requirements relating to AML/CTF
• Aid in the design, development, and implementation of a risk assessment framework to support all customer interactions
• Ensure consistent and timely feedback on cases that have been escalated
• Liaise with management to develop investigative strategies
• Develop and participate in compliance programs and initiatives
• Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports that have been conducted
• Ensure detailed and prompt investigation of all AML/CTF incidents and cases
• Help with identifying any AML/CTF loopholes and coordinating projects to bridge those gaps
• Develop and execute face-to-face / virtual training for staff in various business units as required
• Aid in general compliance awareness and refresher training
Qualification and Experience
- LLB/ B. Com or equivalent qualification
- Accredited or certified member of the Compliance Institute of South Africa (CISA) (Advantageous)
- A Certificate in Anti-Money Laundering Control (Advantageous)
- CAMS Certification or a Certificate in Compliance Management will be an added advantage (Advantageous)
- At-least 5-8 years’ experience in anti-money laundering compliance management environment
- Sound experience in report writing and presentation skills
- Knowledge of the Siron System will be an added advantage
- Experience developing and implementing compliance programs
- Team player with the ability to work unsupervised
- Willingness to work on various compliance issues
- Must be able to adapt to working in a fast-paced environment
PLEASE APPLY HERE