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KZN GROWTH FUND
 
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HUMAN RESOURCES MANAGER 
SALARY: MARKET-RELATED 
The KZN Growth Fund is a private equity and private debt Fund based in Durban reporting to the Kwa-Zulu Natal Department of Economic Development, Tourism and Environment Affairs (EDTEA). The Fund seeks to appoint an experienced and suitable Human resources manager. 
The Human Resources Manager reports to the Chief Executive Officer. The candidate is instrumental in supporting the business strategy, serving as a business partner that provides generalist human resources support to the organization. The Human resources manager must have the knowledge of competency-based recruitment practices and processes, be a competent employee relations practitioner, be emotionally intelligent and able to handle conflict effectively and have a Well-developed analytical ability and proactive problem solver. 
 
The ideal individual will be responsible for: 
• Develop, implement, and monitor the HR Strategy for KGFA. 
• Coordinate the recruitment and selection processes of the organization. 
• Oversee the consistent application of remuneration policies. 
• Manage payroll processes. 
• Monitor the Performance Management Policy and System. 
• Oversee the development and implementation of the annual training and development plan. 
• Ensure compliance with all relevant employment laws by the entity. 
• Represent the entity in all employment law-related disputes, including internal disciplinary hearings and CCMA arbitrations. 
• Proficiency in MS Office, particularly Excel. 
• Must display leadership and influence ability to effectively operate in an EXCO of a small entity and manage a small team 
 
The following minimum requirements must be met to be considered for this position: 
• Formal post-graduate qualification in human resources management. 
• Minimum of 7 years of human resources generalist experience, with at least 5 years at middle management level. 
• Must have experience in developing and implementing human resource strategies, policies and procedures. 
• Must have represented organizations at the CCMA arbitration level for at least 3 years. 
• Experience in the recruitment and selection of employees at middle management (Paterson grading D band) for at least 3 years. 
• Experience in Organisational Development and Change Management 
• Excellent MS Office skills, particularly Excel 
• Valid Driver’s License 
 
 
KZN GROWTH FUND EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT. 
 
Designated group candidates are strongly encouraged to apply. 
 
Correspondence will be limited to short-listed candidates. Late applications will not be considered. Email users are requested to set the delivery option on both “return receipt” and “confirm delivery”. If you have not been contacted within 30 days of the closing date of the advertisement, please accept that your application has been unsuccessful. 
 
Interested applicants should forward a detailed CV, certified copies of qualifications and ID document to: execvacancy@kzngf.co.za
 
CLOSING DATE: 05 AUGUST 2024
 
 
 
 




CHIEF INVESTMENT OFFICER 
SALARY: MARKET-RELATED 
The KZN Growth Fund is a private equity and private debt Fund based in Durban reporting to the Kwa-Zulu Natal Department of Economic Development, Tourism and Environment Affairs (EDTEA). The Fund seeks to appoint an experienced and suitable Chief Investment Officer
The Chief Investment Officer reports to the Chief Executive Officer. The successful candidate will be responsible for leading the investment team to get approval for quality deals. The candidate will provide effective professional leadership, ensure the attraction and implementation of sound investment deals, and manage internal control systems of the Fund and other relevant legislative requirements. 
 
The ideal individual will be responsible for: 
• To design and execute the strategic plan of the Investments Department to achieve the objectives of the Fund. 
• To manage the departmental budget within the fund’s overall budget. 
• To effectively market the Fund to originate, appraise and execute quality deals to comply with the mandate of the Fund. 
• To manage the current investment portfolio to mitigate against risk and maximize the value of the portfolio. 
• To provide leadership and direction for the Investments Department to ensure sound implementation of the Investment Policy as adopted by the Fund. 
• To retain and manage the department’s human resources to ensure the department’s objectives are attained through performance management of staff to ensure high levels of productivity. 
• To update and inform the CEO and Trustees on the department’s activity by drawing up and submitting the project team’s reports. 
 
The following minimum requirements must be met to be considered for this position: 
• B Com preferable in Finance, Accounting or equivalent. 
• Relevant Post Graduate Qualification (e.g. MBA, Development Economics). 
• Minimum of 3-year finance degree. 
• Minimum 10 years of financing and investment transacting experience. 
• Minimum of 7-9 years of direct experience in an Executive Role responsible for:
 Private Equity transacting 
 Project Finance structuring and transacting 
 Debt and Equity book portfolio management 
 Corporate Finance / Mergers & Acquisitions experience 
• Minimum of 3 years’ practical application experience in the Public Finance Management Act (PFMA). 
• Previous key person registration with FSB preferred. 
• Deep financial acumen and familiarity with private placement structures and regulations. 
• First-hand experience in the Private Equity life cycle of funds and investments- exit experience a must. 
• Demonstrable value-add through operational or strategic oversight of portfolio companies. 
• Demonstrable Fundraising experience. 
 
 
KZN GROWTH FUND EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT. 
 
Designated group candidates are strongly encouraged to apply. 
 
Correspondence will be limited to short-listed candidates. Late applications will not be considered. Email users are requested to set the delivery option on both “return receipt” and “confirm delivery”. If you have not been contacted within 30 days of the closing date of the advertisement, please accept that your application has been unsuccessful. Interested applicants should forward a detailed CV, certified copies of qualifications and ID document to: execvacancy@kzngf.co.za
 
CLOSING DATE: 05 AUGUST 2024








CHIEF FINANCIAL OFFICER 
SALARY: MARKET-RELATED 
The KZN Growth Fund is a private equity and private debt Fund based in Durban reporting to the Kwa-Zulu Natal Department of Economic Development, Tourism and Environment Affairs (EDTEA). The Fund seeks to appoint an experienced and suitable Chief Financial Officer
 
The Chief Financial Officer reports to the Chief Executive Officer. This is an opportunity for a suitably qualified senior executive to lead the finance and administration function of the KZN Growth Fund. The candidate will provide effective professional leadership and ensure the establishment and implementation of sound financial management, accounting, procurement and internal control systems and processes in compliance with IFRS, PFMA, and other relevant legislative requirements. 
 
The ideal individual will be responsible for: 
• Develop short and long-term strategic financial objectives for the Fund, in line with overall business strategy. 
• Direct and oversee all aspects of the financial management, accounting and reporting functions of the Fund. 
• Effectively manage financial aspects of the Fund’s project loan portfolio. 
• Provide financial advice and support to the CEO. 
• Provide financial reporting to the Board and Committees. 
• Manage and minimise the company’s financial risk exposure by maintaining an effective system of internal controls in liaison with the relevant assurance providers. 
• Accurate financial reporting under the relevant regulatory requirements and international standards. 
• Provide EXCO with advice on the financial implications of business activities and provide consultative support to planning initiatives through financial and management information analysis, reports and recommendations. 
• Liaise with external auditors and attend to audit queries. 
• Management of supply chain management. 
• Manage the process of preparation of annual financial statements and review. 
• Manage the safeguarding of assets. 
• Review and drafting of policies and procedures. 
• Ensure quarterly reports are accurate and submitted to EDTEA and Treasury timeously. 
• Manage finance team and performance reviews. 
• Provide input on Debt and Equity portfolio. 
• Provide guidance and leadership in finance and organisation. 
 
The following minimum requirements must be met to be considered for this position: 
• Chartered Accountant or equivalent with at least 10 years post-qualification experience. 
• Minimum 5-7 years of financial management experience at senior management and/or executive level within the banking environment or associated fields, preferably with experience in project finance/development finance/investment banking. 
• Advanced knowledge of international financial reporting standards. 
• Knowledge of PFMA legislation and Treasury Regulations. 
• Strong Excel skills and financial modelling expertise will be an added advantage. 
• Acumen and experience to manage and interact with key stakeholders at the senior level, Board, and other relevant Board sub-committees, including business, project sponsors, professional and entrepreneurial individuals. 
• Advanced knowledge and understanding of accounting principles, Commercial law, and all related compliance legislation including the Public Finance Management Act and FAIS. 
• Good understanding and knowledge of the formulation and implementation of policies and procedures. 
 
 
KZN GROWTH FUND EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT 
 
Designated group candidates are strongly encouraged to apply. 
 
Correspondence will be limited to short-listed candidates. Late applications will not be considered. Email users are requested to set the delivery option on both “return receipt” and “confirm delivery”. If you have not been contacted within 30 days of the closing date of the advertisement, please accept that your application has been unsuccessful. 
 
Interested applicants should forward a detailed CV, certified copies of qualifications and ID document to: execvacancy@kzngf.co.za
 
CLOSING DATE: 05 AUGUST 2024