National Empowerment Fund

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

1. Supply Chain Management Clerk
2. Finance Clerk
3. Financial Analyst
4. Investment Analyst

Supply Chain Management Clerk

Listing reference: nef_000041

Listing status: Online

Apply by: 1 April 2024

Position summary

Industry: Financial Services

Job category: Banking, Finance, Insurance. Stockbroking

Location: Sandton

Contract: Fixed Term Contract

Remuneration: Market Related

EE position: Yes

Introduction

The National Empowerment Fund is looking for a Supply Chain Management Clerk to join the Procurement team.

Job description

Processing of Requisitions

• Process requisitions including travel.
• Ensuring that necessary and correct documents are attached to the requisitions prior to approving and issuing of order numbers.

Managing and Processing Invoices

• All invoices, including travel invoices must be matched with the NEF purchase order number and value. Upon receipt of invoices, check, stamp and register invoices then forward to Finance for payment processing.
• Ensure payment within the 30 days period.

Database Management

• Register new suppliers using the central supplier database.
• Update existing supplier using the central supplier database.

Administrating Tenders

• Tender document filing
• Co-ordinate Briefing sessions
• Tender award communication (Acceptance and Regret Letters)

Minimum requirements

Qualifications

• Diploma in Accounting, Finance, Procurement, Supply Chain Management or a related field.

Experience/Skills required

• Minimum 2 Years’ experience within a Procurement environment.
• Strong knowledge of procurement principles, practices, and regulations.
• Familiarity with sourcing and procurement software systems.

Personal Attributes/Behaviours/Attitudes

• Customer Service Orientation
• Teamwork
• Results Orientation
• Problem Solving
• Able to work independently and as part of a team
• Pro-active approach to their work
• Time Management

Finance Clerk

Listing reference: nef_000040

Listing status: Online

Apply by: 1 April 2024

Position summary

Industry: Financial Services

Job category: Banking, Finance, Insurance. Stockbroking

Location: Sandton

Contract: Fixed Term Contract

Remuneration: Market Related

EE position: Yes

Introduction

The National Empowerment Fund is looking for a Finance Clerk to join the Finance team.

Job description

Payments and Reconciliations

• Receive all invoices and check details for completeness and correctness i.e. authorisation for correct signatures and supporting documents per company procedure
• Link invoices to correct purchase order, ensuring there are no duplications or errors
• Create creditors accounts as well as reconcile and maintain all general ledger entries
• Liaise with relevant internal stakeholder for all outstanding documents or corrections as required
• Conduct checks for duplications, errors and action adjustments as required
• Monitor accounts to ensure payments are up to date
• Follow up on unpaid invoices
• Resolve invoice discrepancies and issues

Debt Collections

• Calling clients regarding amount in arrears
• Sending statement to clients
• Requesting settlements letter on behalf of clients and send to clients.
• Arranging payments with defaulters
• Compiling collections reports
• Communicating with Investment associates regarding defaulters

Journal Creation and Monthly Recons

• Responsible for reconciling creditor accounts
• Maintain any general ledger matters related to an account
• Reconcile accounts payable transactions monthly 

Accruals

• Managing levels of accruals for services rendered but not paid
• Managing the movement month to month

Assisting with internal/ external audit preparation

• Provide supporting documentation for audits

Stakeholder management

• Managing internal and external stakeholders
• Liaise with internal stakeholders and respond to inquiries

Reporting

• Produce and assist with monthly reports
• Assist with month end closing

Administration

• General administration including record keeping
• Answer and action account queries
• Other duties within payables as requested

Minimum requirements

Qualifications

• B Tech Degree Accounting/ Finance

Personal Attributes / Behaviours / Attitudes

Cognitive competencies

• Ability to manage stakeholders
• Able to work under pressure
• Ability to analyse
• Understanding of and ability to follow procedures
• Able to challenge payment/s if contrary to Regulations and policies
• Able to interrogate information and raise/escalate for further attention where necessary

 Intrapersonal competencies

• Excellence/ Quality Orientation
• Ethical Judgement
• Resilience and Stress Management
• Drive and Results Orientation
• Time and Self-Management

Interpersonal competencies

• Building Relationships
• Interpersonal Agility
• Teamwork

Communication competencies

• Verbal and Written Communication

Functional competencies

• Commercial and Financial Acumen
• Research Competence
• Organisational Awareness
• Process and Technological Competence
• Mathematical Acumen

Financial Analyst

Listing reference: nef_000039

Listing status: Online

Apply by: 1 April 2024

Position summary

Industry: Financial Services

Job category: Banking, Finance, Insurance. Stockbroking

Location: Polokwane / Pietersburg

Contract: Fixed Term Contract

Remuneration: Market Related

EE position: Yes

Introduction

The National Empowerment Fund is looking for a Financial Analyst who will join Limpopo Regional Office team. The purpose of this role is to provide support function to Investment Associates on all areas of transaction execution.

Job description

Research, analysis and preparing research reports

• Conduct research and gather data using reliable sources of information.
• Analyse and prepare reports on findings and make recommendations.
• Contribute to the development of a business development strategy when required for the portfolio companies.
• Develop a broad knowledge (of corporate finance / private equity macro environment, sector, specific transaction) to support team in identifying and recommending appropriate mitigation measures on key risk issues for portfolio companies.

Report Writing

• Evaluation of new deals from Pre-Investment for potential investment and prepare the early review report or decline within.
• Perform desktop financial and commercial assessment and provide recommendations and comments to Investment Associates.
• Analyse, compile and report on market information on a deal-by-deal basis.

Financial modelling and preparing of financial analysis

• Building financial models according to NEF financial modelling methodologies standard models.
• Provide comprehensive financial analysis through the use of approved financial modelling for existing portfolio companies.
• Analysing financial information relating to specific companies, e.g. company results, profit and loss, balance sheet and cash flow statements to determine the commercial viability of portfolio companies.
• Consider the economic implications which might affect the performance of portfolio companies.
• For additional funding and or restructure, partake in due diligence exercises at the request of the team member, using approved processes and principles as outlined in the due diligence scope.
• Provide commentary on innovative / optimum / appropriate finance and legal structures for each investment deal ensuring long term sustainability / viability of the project to the benefit of the client and the NEF.
• Analysing equity valuations of portfolio companies semi-annually.
• Annual site visits to investee portfolio companies.
• Early identification / flagging of potential areas of defaulting clients.

Minimum requirements

Qualifications

• B. Com: Business Finance / Accounting

Experience/Skills Required

• Minimum 1-year financial analysis or similar experience.
• Perform financial and commercial assessment and provide recommendation and comments to associates.
• Financial Modelling tools
• Project Management
• Ms Office Suite i.e. PowerPoint, Excel, Word

Personal Attributes/Behaviours/Attitudes

Cognitive Competencies

• Analysis and Attention to Detail
• Conceptual / Big Picture Thinking
• Creative / Innovation
• Judgement and Decision Making
• Problem Solving & Learning Agility

Intrapersonal Competencies

• Assertiveness
• Drive and Result Orientation
• Decisiveness & Action Orientation
• Ethical Judgement
• Excellent / Quality Orientation
• Resilience and Stress Management
• Rule Orientation
• Time and Self- Management
• Objectivity

Functional Competencies

• Assertiveness
• Drive and Result Orientation
• Excellent / Quality Orientation
• Resilience and Stress Management
• Time and Self- Management
• Objectivity

Investment Analyst

Listing reference: nef_000038

Listing status: Online

Apply by: 1 April 2024

Position summary

Industry: Financial Services

Job category: Banking, Finance, Insurance. Stockbroking

Location: Sandton

Contract: Fixed Term Contract

Remuneration: Market Related

EE position: Yes

Introduction

The National Empowerment Fund is looking for an Investment Analyst who will join the Strategic Projects Fund team. The purpose of this role is to provide support function to Investment Associates on all areas of transaction execution.

Job description

Business development/ transaction origination

• Supports business development initiatives. Develop and maintain client network and relationships.

• Develop and maintain relationships with industry peers.
• Passively interact with BEE groups, intermediaries, lending institutions, and other stakeholders.
• Actively participate in business development initiatives at the request of the Fund Manager and/or Divisional Executive.
• Contribute to the development of a business development strategy.
• Start to build networks within the financial and BEE market with peers, leveraging the NEF’s development status.
• Actively participate in deal forums to build reputation as an acknowledged analyst.

Transaction execution

• Applies standard investment analysis (under the advice / assistance of senior team members) on deal structuring techniques, market analysis and valuation principles.

• Provide comprehensive analysis, using approved financial, and technical modelling tools, to the Deal Team on transactions presented to the NEF.
• Analyse, compile and report on market information on a deal-by-deal basis.
• Provide comprehensive valuation analysis on all transactions to mitigate risks to the NEF and the parties it supports by using industry best practice in valuation analysis.
• Mobilise, coordinate and guide internal and external resources to appraise deals / applications.
• Leverage relationships within the industry to create on-going industry analysis inflow from other institutions.
• Manage and influence internal decision–making and project process to obtain investment approval.
• Develop a broad knowledge (of corporate finance / private equity macro environment, sector, and other specific transaction dynamics) to support the team in identifying and recommending appropriate mitigation measures on key risk issues.
• Partake in due diligence exercises at the request of the senior deal team member, using approved processes and principles as outlined in the due diligence scope.
• Provide commentary on innovative / optimum / appropriate finance and legal structures for each investment deal ensuring long term sustainability / viability of the project to the benefit of the client and the NEF.

Minimum requirements

Qualifications

• Graduate degree, at least a BCom, BSc, Honours or equivalent

Experience/Skills Required

• Minimum 1-year Transaction Analysis experience.
• A generalist in corporate finance with some experience in private equity.
• An expert Analyst demonstrating a good to high command of the abilities required to perform the role.
• A technical focus (Engineering or other Sciences background) that can be applied to early-stage project development.

Personal Attributes/Behaviours/Attitudes

Cognitive Competencies

• Analysis and Attention to Detail
• Conceptual / Big Picture Thinking
• Creative / Innovation
• Judgement and Decision Making
• Problem Solving & Learning Agility

Intrapersonal Competencies

• Assertiveness
• Drive and Result Orientation
• Decisiveness & Action Orientation
• Ethical Judgement
• Excellent / Quality Orientation
• Resilience and Stress Management
• Rule Orientation
• Time and Self- Management
• Objectivity

Functional Competencies

• Assertiveness
• Drive and Result Orientation
• Excellent / Quality Orientation
• Resilience and Stress Management
• Time and Self- Management
• Objectivity

Click here to apply

All the best with your applications.