Industrial Development Corporation [Ltd] (IDC) Jobs

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

Senior Dealmaker Level 1 Chemicals, Medical and Industrial Mineral Products

Synopsis

To evaluate and present applications for funding and structure deals that contribute towards SBU objectives and industry development goals. This would include performing the complex financial and/or technical and/or marketing due diligence functions, as well as leading a due diligence team and ensuring risk identification and mitigation.

Job Description

Financial / Shareholder Returns

• Evaluate and effectively structure transactions with detailed application of IDC financing instruments.
• Ensure financial soundness of all credit submissions.

Internal / Operational Processes

• Evaluate applications for finance (financial, technical and marketing disciplines)
• Deal structuring – Designing and negotiating the financial and legal relationship between the client and IDC for the specific deal.
• Risk identification and mitigation
• Leading of due diligence teams on high value / complex transactions • Deal optimization – ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
• Support the development and implementation of strategies or action plans to drive the SBU’s strategic objectives.
• Account management function up to first draw
• Prepare well written and motivated reports for presentation to the relevant Credit and other committees as required.
• Conduct peer reviews on all due diligence disciplines.
• Training, mentoring and coaching of Business Analysts and Dealmakers
• Provide advice to Business Analysts and Dealmakers in the handling of enquiries and applications

Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfil the process requirements related to any specific deal / transaction.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Learning, Leadership & People Growth

• Provide team leadership in transactions during due diligence
• Manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional
• Coaching and mentoring of team members

Qualification and Experience

Formal qualifications

• Minimum qualification: relevant commercial (Chartered Accountant) or technical Honours degree (Engineering)

Knowledge & Experience

• 8-10 years related experience of which 8 years should be in deal assessment as well as closing of transactions ( i.e. management of approved deals up to first drawdown, including ensuring timely conclusion of legal agreements).
• Declared competent in three due diligence disciplines (Marketing, Technical or Financial)
• Grounded in all three disciplines
• Transaction leadership (complex deals)
• Knowledge in assessing all associated issues in a transaction (Legal, risks, etc.)
• Experience in peer review
• Experience in interpretation and analysis of financial statements
• Knowledge of the market environment and technology landscape
• Knowledge of financing instruments
• Understand and review models of proposed financial structures
• Competent in coaching and mentoring of team members.

Roles and Responsibilities

Technical/Functional Competencies

• Financial acumen
• Risk identification and mitigation
• Investment/Portfolio Management
• Stakeholder Management and customer focus
• Planning and organising
• Report writing skills

Behavioural Competencies

• Presentation and communication skills
• Negotiation skills
• Relationship Building and Networking skills
• Persuading and Influencing skills
• Coaching and Mentoring
• Leading and Co-ordinating

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the JDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Click here to apply

Property Valuer

Synopsis

To undertake independent professional valuations of immovable property for IDC operational SBU’s and Departments

Job Description

Key performance areas include:

• To independently review and determine appropriate fixed asset (land and building) values cognisant of all value forming factors for the purpose of verifying purchase prices, authenticating shareholder contributions, establishing security cover, setting reserve prices at disposal, insurance, etc.
• To provide expert advice within field of expertise regarding values, value forming factors, market trends, collateralization, etc.
• To maintain relevant records and relations in support of expertise, expert knowledge.
• To maintain pertinent professional and expert standing, both within and beyond IDC
• Review external and internal valuation reports.

Qualification and Experience

Qualifications:

• Applicants must have Diploma or Degree in Land Management/ Economics, Real Estate Valuation & Management, Regional & Town Planning, or equivalent.
• Appropriate registration with South African Council for Property Valuers Profession, or equivalent.

Selection Criteria:

• 5-8 years appropriate experience in land and building valuation.
• Analysis and interpretation of the factors and market forces and information effecting asset values.
• Experience in valuation of movable assets (plant, equipment and machinery) would be an added advantage.

Roles and Responsibilities

Technical/Functional Competencies

• Valuation Techniques
• Analysis and interpretation
• Planning and Organising
• Report writing skills

Behaviour Competencies

• Communication skills (written and verbal)
• Relationship building and networking
• Ability to multitask and thrive under work pressure
• Results and solutions oriented
• Ability to collaborate and influence various stakeholders and teams

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the JDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Click here to apply

Policy Specialist: JET IP Office

Synopsis

In November 2023 Cabinet approved the Just Energy Transition Implementation Plan (JET-IP) which included chapters dedicated to green hydrogen (GH2) and New Energy Vehicles (NEVs). The IDC is tasked with setting up the GH2 and NEV JET-IP Programme Management Offices, which include a policy specialist (hereafter referred to as the “specialist”). The specialist will support the JET-IP Programmes in the IDC.

The specialist will coordinate the Programme Management Offices’ policy-related activities to define, develop and ensure relevant policies are in place to support the development of the GH2 and NEV industries.

Job Description

Financial Shareholder Returns

• Compile budgets as required and track expenditure.

Internal /Operational Processes

• Research and analyse existing policies and legislation to identify areas for improvement orrevision.
• Coordinate with stakeholders, including government and the private sector, to gatherinput and build consensus around policy initiatives.
• Evaluate the potential impacts of proposed policies, including economic, social, andenvironmental effects, using quantitative and qualitative methods.
• Develop a policy and regulatory action plan for changes to policy and regulations to alignto the GH2 and NEV implementation plans.
• Monitor the progress of the policy and regulatory action plan with both internal andexternal stakeholders.
• Systematically and proactively apprise key counterparts on important policies, strategiesand relevant operations and identify new areas for collaboration and dialogue betweenIDC and counterparts.
• Monitor local and international GH2, NEV and related regulations and policies and any changes to such and advise the Programme Director on implications to the JET-IP GH2 and NEV Portfolios.
• Engage in policy dialogue and awareness raising, working closely with Marketing and Communications counterparts and the JET PMU in the Presidency to ensure that policy development work effectively reaches key stakeholders from government, private sector associations, industry bodies, academia and media.
• Represent the IDC and the JET-IP GH2 and NEV interest in policy discussions, advocacy and public forums.
• Develop and maintain policy and regulatory databases, records, and documentation, ensuring accuracy and confidentiality of information.
• Work closely with the Head of R&I to develop appropriate policy and regulatory recommendations.

Learning, Leadership & People Growth

• Participate in knowledge sharing in the team and cross functional knowledge sharing.
• Coaching and mentoring of team members.

Qualification and Experience

Formal qualifications

• Minimum qualification: Relevant Honour’ degree in Political Science, International Relations, Public Affairs, Public Policy, Competition Economics, Law, or related fields
• Master’s Degree would be an advantage.

Knowledge And Experience Requirements

• 5 to 8 years of demonstrable experience in policy and regulatory development, with emphasis on the energy and automotive value chains and working at or with related government departments.
• Deep understanding of the policy landscape in South Africa with a focus on the just transition to green energy
• Understanding of International Trade and Regulations
• Demonstrable ability of writing policies and regulations, in addition to coordinating task teams for policy development
• Demonstrated ability to conduct policy analysis employing quantitative and qualitative analysis techniques
• Demonstrated ability to draft compelling, legally-sound, actionable policy guidelines
• Demonstrated ability to communicate complex policy issues to diverse audiences
• Strong customer focus and ability to engage effectively with senior officials of corporate and governments
• Experience working in a high-level collaborative and culturally diverse environment
• Ability to manage multiple competing priorities while building effective relationships.

Roles and Responsibilities

Technical/Functional Competencies

• Excellent knowledge of relevant legislation and regulations
• Excellent research, analytical and problem-solving skills
• Familiarity with project management principles and practices
• Proficiency in Microsoft Office suite
• Strong report writing and presentation preparation skills

Leadership Competencies

• Proactive and self-driven
• Strategic thinking
• Teamwork
• Communication and engagement
• Influence
• Change leadership

Behavioural Competencies

• Excellent communication and interpersonal skills
• Strong organizational and time management skills
• Ability to work independently and collaboratively in a team environment
• Commitment to ethical conduct and integrity.

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the JDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Click here to apply

ACCOUNT MANAGER – KIPP (X2)

Synopsis

To assist with management of processes that contribute towards specific programme objectives which include pipeline building, preparing, sourcing, assessing and reviewing of applications; preparing reports and submissions that contribute towards specific fund objectives. To pro-actively provide value-adding and strategic advice, support and guidance to the programme and relevant stakeholders.

Job Description

Key Responsibilities

• Managing of application and submission process
• Basic deal assessment prior to accepting deal into pipeline for deal evaluation / due-diligence and manage ad hoc enquiries on the Programme
• Deal evaluation / due-diligence as per current IDC definition (all disciplines)
• Ensuring that the deal is aligned with the strategic objectives of the fund and will contribute to meeting industry development goals
• Identify all risks (pre and post investment) and defining mitigation plans to minimize these risks
• Designing and negotiating the financial and legal relationship between the client and IDC for the specific deal (including the terms and conditions of IDC funding and the rights and obligations of all parties involved in the deal)
• Co-ordinating IDC team and other stakeholders around the transaction
• Perform Post Investment Management functions for a portfolio of clients
• Operational assistance to portfolio of clients in order for the company to become profitable and meet financial obligations to IDC.

 Customer Focus & Stakeholder Management

• Building influential and sustainable relationships with strategic partners to assist units in achieving strategic objectives
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Learning, Leadership & People Growth

• Drive and manage your own development to enhance own competencies

Qualification and Experience

Formal qualifications

• Minimum qualification: relevant commercial/technical Degree with Honours or equivalent financial qualification.

Experience

• 5 – 8 years Industry/ Sectors Operational experience
• 2 to 4 years Deal Origination and Assessment experience
• Financial assessment and modeling experience
• Exposure with funding SME’s is an advantage
• Understanding commercial implications of legal and financial decisions
• Understanding effect of various structures and instruments on risk and returns

Roles and Responsibilities

Technical/Functional Competencies

• Financial acumen
• Financial modelling
• Risk identification and mitigation
• Investment/Portfolio Management
• Stakeholder Management and customer focus
• Report writing skills
• Planning and organizing

Behavioural Competencies

• Presentation and Communication skills
• Negotiation skills
• Relationship and Networking skills
• Persuading and Influencing skills

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the JDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Click here to apply

Account Manager

Synopsis

JOB PURPOSE

To evaluate and present applications for funding that contribute towards the Department’s and KIPP’s objectives and development goals. This would include performing the financial and/or technical and/or marketing due diligence functions for applications. Experience or interest in innovation and venture capital would be an advantage.

Job Description

MAIN DUTIES AND RESPONSIBILITIES

Financial / Shareholder Returns

• Ensure financial soundness of all credit submissions.
• Transactions aligned to IDC’s developmental outcomes

Internal / Operational Processes

• Evaluate applications for finance (financial, technical and marketing disciplines)
• Design and negotiating the financial and legal relationship between the client and IDC for the specific deal
• Risk identification and mitigation of transactions
• Undertaking financial modelling in respect of transactions
• Deal optimization – ensuring that the deal is aligned with the strategic objectives of the Department.
• Support the development and implementation of strategies or action plans to drive the Department’s strategic objectives
• Account management function.
• Prepare well-written and motivated reports for presentation to the relevant Panel and any other Panel as required.
• Conduct peer reviews.

Customer Focus & Stakeholder Management

• To effectively interact with different clients (internally and externally) in order to fulfil the process requirements related to any specific deal / transaction.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Learning, Leadership & People Growth

• Provide support in transactions during basic assessment and due diligence processes
• Manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional

Qualification and Experience

QUALIFICATIONS

Minimum qualification: relevant commercial or engineering degree or equivalent. Post graduate qualification would be an advantage.

KNOWLEDGE & EXPERIENCE

• 5-8 years related experience
• Experience in due diligence disciplines (Marketing, Technical or Financial)
• Knowledge in assessing all associated issues in a transaction (Legal, risks, etc.)
• Experience in peer review
• Experience in interpretation and analysis of financial statements
• Knowledge of the market environment and development landscape
• Knowledge of financing instruments
• Understand and review models of proposed financial structures
• Knowledge and experience in the areas of innovation and venture capital will be an advantage

Roles and Responsibilities

TECHNICAL/FUNCTIONAL COMPETENCIES

• Financial acumen
• Business analysis
• Risk identification and mitigation
• Stakeholder Management and customer focus
• Planning and organising
• Report writing skills

BEHAVIOURAL COMPETENCIES

• Presentation and communication skills
• Negotiation skills
• Relationship Building and Networking skills
• Persuading and Influencing skills

Click here to apply

We wish you all the best with your applications