IDC Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

JET IP New Electric Vehicle Programme Director

Job numberIDC00437Job GradeM BandClosing date10-Jan-2025

Synopsis

In November 2023 Cabinet approved the Just Energy Transition Implementation Plan (JET IP) which included a chapter dedicated to New Energy Vehicles (NEV). The IDC is tasked with setting up the JET IP NEV Programme Management Office.  The JET IP NEV Programme Director will direct and coordinate the implementation of the JET IP NEV workstream activities to ensure alignment, integration and visibility across all five workstreams, the advisory committee and private developers

Job Description

Direct and coordinate the JET IP NEV workstream activities

Coordinate the predefined governance structures to ensure operational efficiency and impact

Direct the Programme Management Office team through planning and coordination of information in order to optimize workflow procedures

Work with the policy and stakeholder specialists and be a single point of contact for public and private institutions to ensure issues between private developers and labour and community are being addressed

Work with the fund programme specialist to source various types of funds for NEV projects and to develop NEV fund programmes

Work with the IDC Industry Planning Unit to source and initiate NEV commercial projects

Provide reports/briefings/thought leadership on NEVs to relevant Ministries/executives including DTIC, DSI, Presidency, DOT, DFFE

Direct and support the NEV Advisory Committee which consists of government, labour, civil society representatives

Represent South Africa at national and international NEV/green transport/funding/sustainability – conferences/seminars/panels/lectures

Financial/Shareholder Returns

Define, manage and report on the Programme Management Office’s budget, adhering to IDC budgeting processes

Internal/Operational Processes

Guide and coordinate meetings and workshops with key stakeholders of the JET NEV workstreams and others (funders, international organisations, foreign offices)

Create and maintain guidelines of conduct for meetings. Ensure guidelines are approved ad periodically reviewed

Ensure effectiveness of councils and workstream and other meetings

Support the JET PMU functions such as stakeholder management, communications, events organisation, and marketing activities, reporting, consultant appointments

Manage records and data for the JET IP NEV Portfolio

Continually improve the process of coordination with stakeholders

Support Workstream lead organisations with secretariate functions, if necessary

Assist in the preparation of presentations for meetings

Maintain organogram of program structure

Responsible for stakeholder database

Track action items and report of status at meetings

Supports technical expert panels/advisory bodies with secretariat functions

Customer Focus & Stakeholder Management

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

Solutions driven, accountability and innovativeness

Qualification and Experience

Honour’s Degree in Economics, Public Policy, Business, Engineering or Science (4-year degree)

Master’s degree or international qualifications will be an advantage

10-15 years’ experience in a similar role

Demonstrable experience working with high-level officials, government employees, private sector professional and c-suite and finance professionals

Evidence of previous coordinating roles fulfilled

Understanding of the JET investment and implementation plan

Understanding of global decarbonisation agenda and SA role

Understanding of government processes and how to navigate

Understanding of contracting and institutional agreements

Previous experience working with the following government departments – Department of Science and Innovation, Department of Trade, Industry and Competition, Department of Transport, National Treasury, Presidency, Depart. of Environmental Affairs

Exposure to a broad range of industries, incl. but not limited to hydrogen, medical, automotive, energy, science and research, electric vehicles, etc.

Effective, versatile, and action-oriented

Job Requirements

TECHNICAL/FUNCTIONAL COMPETENCIES

MS 360 suite (MSWord, MSExcel, MSPowerPoint, MSTeams)

Data management and dashboards

Presentation skills

Attention to detail

Excellent time management skills

Ability to multi-task

Good verbal and written communication skills

Analytical 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

Payroll Administrator

IDC00435Job GradeA BandClosing date13-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

Senior Legal Advisor

IDC00436Job GradeM BandClosing date16-Dec-2024

Job Description

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

Knowledge and Experience

• 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. 
  

Roles and Responsibilities

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.

Senior Plant and Equipment Valuer

Job numberIDC00431Job GradeM BandClosing date11-Dec-2024

Synopsis

To independently assess and provide expect advise on the estimated new replacement cost, open market, forced sale and other values of physical assets (plant, equipment and machinery) in order to ensure that physical assets, including those considered for and / or taken for collateral, are properly valued

Job Description

Independently conducting own assessments and valuations of plant, equipment and machinery, cognizant of all value forming factors in line with professional guidelines and reporting standards and providing expect advice on:

The appropriateness and reasonability of the Client’s anticipated capital expenditure on plant, equipment and machinery in order to validate against the applicable industry norms.

The functional, economic, physical obsolescence, etc of plant, equipment and machinery including the impact and implications thereof on the IDC’s physical collateral register.

The forecast of total and remaining economic life and value of plant, equipment and machinery including the impact and implications thereof on the IDC’s physical collateral.

The variance between the Client’s and own independently determined estimated capital expenditure costings, envisaged process improvements, etc, including making recommendations for adherence to industry norms and best practices.

The appropriateness of the envisaged plant and equipment installation strategy, methodology, programme and deliverables against set programme milestones.

The risks inherent in the clients’ plant and equipment projects including making recommendations for risk mitigation

The validity and accuracy of reviewed valuation reports of the physical assets prepared by others.

The required continuous improvement on the department’s process, procedures, templates, etc.

To maintain relevant records and relations in support of expertise, expert knowledge.

Report writing and presentations at internal and external

Manage effective interaction with SBUs and Departments.

Maintain and enhance current knowledge and awareness of valuation and other effective practices.

Contribute to planning, co-ordination and management of team

Review external valuation reports, conduct internal peer reviews and guide instillation of a culture of best practice.

Provide expert advice and guidance to SBU’s, Departments, Business Partners, IDC Executive and Board.

Build and maintain influential relationships with stakeholders (internal and external) to create, promote and maintain good professional

Support the formation and implementation of the strategic objectives and operational plans of the unit, and the presentation thereof to key decision making stakeholders within the Corporation.

Foster a culture consistent with the Corporation’s values

Qualification and Experience

QUALIFICATION REQUIREMENTS

Bachelor’s degree or N.Dip in Engineering or NQF6 or equivalent

Registered Professional Engineer with the Engineering Council of South Africa (ECSA), Member of Royal Institution of Chartered Surveyors (RICS),

American Society Appraiser (ASA) Registration – ME201, ME 203 – Advanced topics and case studies will be an advantage.

KNOWLEDGE AND EXPERIENCE REQUIREMENTS

8 – 10 years’ experience in plant, machinery and equipment appraisal

Ability to interpret International Valuation Standards (IVS)

Comprehensive understanding of project execution

Work experience in mechanical / industrial engineering and/or financial services industry will be an advantage

Job Requirements

TECHNICAL/FUNCTIONAL COMPETENCIES

Analysis and interpretation

Analytical and problem solving

Planning and Organising

Communication skills (written and verbal)

Report writing skills

Results and solutions oriented

BEHAVIOURAL COMPETENCIES

Presentation and communication skills

Relationship building and networking

Ability to multitask and thrive under work pressure

Ability to collaborate and influence various stakeholders and teams

Click here to apply

All the best with your applications.