| JOB NAME |
Associate: Growth Catalyst [GP ZA Sandown Office - Sandown, GP ZA (Primary)]
POSTED BY: Industrial Development Corporation
REF:IDC 189
Date Published:23 February 2022
Date of Expiration:22 August 2022 EXPIRED
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| LOCATION OF THIS JOB |
 South Africa | GP ZA SANDOWN OFFICE - SANDOWN, GP ZA (PRIMARY) in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Organizational Unit Industrial Development Corporation Ltd -> Client Support and Growth -> Growth Catalyst and Listed Equities
Job Type Full-time
Category Client Management
Education Level Bachelors Degree
Location GP ZA Sandown Office - Sandown, GP ZA (Primary)
JOB DESCRIPTION
A permanent positions exists at our Head office in Sandton for Associate: Growth Catalyst within the Growth Catalyst & Listed Equities Department reporting to the Manager: Growth Catalyst
JOB PURPOSE
To implement and maintain portfolio management of the equity market portfolios, obtaining the most value through the development and implementation of value creation plans and relationship building, to achieve sustained growth and maximized profitability for the business partner which will result in the IDC partaking in the benefit realization.
MAIN DUTIES AND RESPONSIBILITIES
1. Post investment and portfolio monitoring and management of allocated portfolio of complex and technical business partners
2. Working closely with business partners in identify areas for growth and value creation, crafting and monitoring the implementation of the value creation plans of the investee companies
3. Conduct regular business partner reviews including client visits and assigning of risk rating, and risk staging to business partners
4. Periodically conduct fair values of equity investments and impairment reviews in accordance with the approved IDC guidelines and policies on allocated portfolio of complex, technical and high value business partners.
5. In collaboration with the business partner management team, define KPI’s and design dashboards to collect data for progress monitoring of such KPI’s.
6. Frequent collection of data for monitoring of VC Plans and reformulating the strategic initiatives if / when required
7. Build sound relationships with business partner management teams through regular visits to business partners
8. Ensure value creation plans are crafted to generate revenue growth and contain and manage costs in order to improve EBIT.
9. Proactively identify early warning signals and initiate appropriate intervention processes where necessary, exercising step-in rights early to limit potential losses
10. Provide non-financial value add to business partners through access to connections and resources, providing market insights and proprietary insights required to assist the Business Partner to grow – opportunity to utilize the services of Capability Sourcing in such instances
11. Monitor strategic initiative through data insights, dashboards and reports to identify deviations from agreed plans and take appropriate action.
12. Collaborate with Business Units to obtain expert insights relative to specific Business Partner sectors.
13. To ensure maximizing of the IDC value and limiting losses by being considerate of eventual exiting of investments where relevant
14. Assisting with IDC cashflow management (including input of timeous collections encompassing accurate forecasting of collections measured against actual performance);
15. Implement and manage a process for forecasting Business Partner dividend payments and future projections and variants on dividend income to determine contribution to IDC funding.
16. Obtain/Research and analyze market, industry and financial reviews to gain insights and trends to identify growth opportunities and areas of concern.
17. Ensure that all necessary amendments to contracts during the life span of the business partner are adequately executed.
18. Monitor and timeously report on undrawn facilities on the allocated portfolio of business partners.
19. 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.
20. Promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of business partners.
21. Analyze financial information from allocated business partners on a regular basis and assess the need for initiating intervention based on the analysis
22. Work closely with the management teams of the investee companies to ensure that the business partners under management are profitable.
23. Monitor and evaluate that proper governance structures exist and are being applied
24. Work collaboratively with members of the IDC teams to ensure that the investee companies under management achieve their stated targets and forecasts.
25. Prepare portfolio reports as and when required on the portfolios under management
26. Working closely with Senior Associates and Manager obtaining guidance and technical insights
27. Collaborate with Business Units to obtain insights to sector specialties and provide service where required.
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| REQUIREMENTS FOR THIS JOB |
KNOWLEDGE AND EXPERIENCE
1. The candidate should at least have 5-8 years of relevant experience in post investment monitoring or portfolio management.
2. Experience and knowledge in a private equity environment will be an added advantage.
3. Experience working in Portfolio Management environment for a commercial bank
4. Experience working in a high-level collaborative environment
5. Ability to manage multiple competing priorities while building effective relationships
6. Thorough understanding of developing Value Creation activities
7. Extremely organized and persistent, with drive and determination to achieve goals
8. Experience in due diligence, drawdowns and exit process of investments is essential
9. Financial modelling essential
10. Prior experience in the Mining/Metals/Infrastructure/Energy sectors will be an added advantage. (Manufacturing or Agro) for compiling of adverts
TECHNICAL COMPETENCIES
1. Value Creation Planning
2. Portfolio Management
3. Analytical/Diagnostic Skills
4. Financial modelling
5. Business/Commercial Acumen
6. Client Insights & Focus
7. Formulating strategies and concepts
8. Report writing Skills
9. Project Management Skills
10. Problem Solving
11. Creating & Innovating
BEHAVIOURAL COMPETENCIES
1. Communication Skills
2. Coping with Pressures and Setbacks
3. Negotiating & Influencing
4. Deciding and Initiating.
5. Stakeholder Management
6. Planning and Organizing
7. Credible Activist
QUALIFICATION
1. BCom Accounting with post graduate degree e.g. BCompt (Honours) or BSC engineering or similar 4-year undergraduate qualification with finance experience.
2. CA (SA) would be an advantage
REQUIREMENT:
As our entity (IDC) Provides financing & funding, the need to ensure trust, honesty and integrity in all financial & non-financial activities must be above reproach
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English 
FRENCH
