BCom Accounting ...
POSITION INFO:
To ensure proper management of business partners with the view of enhancing portfolio management by focusing on monitoring financial performance and governance, support, value add and growth and optimizing cashflow collection, where relevant and protection of IDC’s interests.
QUALIFICATIONS:
- BCom Accounting or BEng/BSc
- Post-graduate degree/Honours or CA(SA) would be an advantage
KNOWLEDGE AND EXPERIENCE:
- The candidate should at least have 5-8 years of relevant experience in post investment monitoring or portfolio performance management.
- Experience in a Corporate Finance environment and specifically in Listed Investments
- 5 years’ experience in a private equity environment will be an added advantage.
- Experience working in the financial services industry e.g. a commercial bank
- Experience working in a high-level collaborative environment
- Knowledge and understanding of developing Value Creation activities
- Experience in MA, due diligence, drawdowns and exit process of investments is essential.
- Knowledge of financial markets (including equity capital markets), regulation and legislation
- Knowledge and experience in Financial modelling.
- Post investment management, performance monitoring and performance reporting of allocated portfolio of complex and technical business partners
- Working closely with business partners to identify areas for growth and value creation, crafting and monitoring the implementation of the value creation plans
- Periodically conduct fair values of equity investments and impairment reviews in accordance with the approved IDC guidelines and policies
- In collaboration with the business partner management team, define KPI’s and design dashboards to collect data for progress monitoring of such KPI’s.
- Build sound relationships with business partner management teams and boards through regular visits to / engagements with business partners
- Proactively identify early warning signals and initiate appropriate intervention processes where necessary to limit potential losses
- Monitor strategic initiative through data insights, dashboards and reports to identify deviations from agreed plans and take appropriate action.
- Collaborate with Business Units to obtain expert insights relative to specific sectors.
- Ensure that all necessary amendments to contracts during the life span of the business partner are adequately executed.
- Ensure that all exits processes i.e. early settlement, IRR and other calculations and release of security on allocated portfolio of business partners are properly executed.
- Promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of Business Partners.
- Analyze financial information from allocated business partners on a regular basis and assess the need for initiating intervention based on the analysis
- Work closely with the boards and management teams of the Business Partners to ensure that the Business Partners are profitable.
- Work collaboratively with members of the IDC teams 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
- Provide continuous technical guidance to fellow team in all key areas of their responsibilities.
- Forecast of value share prices dividend incomes and recommend equity selling options and timing to assist with the liquidity and funding of the IDC.
TECHNICAL COMPETENCIES
Analytical/Diagnostic Skills
Financial modelling
Transaction structuring
Business/Commercial Acumen
Client Insights Focus
Formulating strategies and concepts
Report writing Skills
Project Management Skills
Technical and Problem Solving
Creating Innovating
Stakeholder engagement
BEHAVIOURAL COMPETENCIES
Good Communication Skills (verbal and written)
Self-motivated
Collaborative
Coping with Pressures and Setbacks
Negotiating Influencing
Deciding and Initiating
Stakeholder Management
Planning and Organizing
Ability to work independently and as a team member
