| JOB NAME |
Subsidiary Senior Project Manager [Sandown Office - Sandown, GP ZA (Primary)]
POSTED BY: Industrial Development Corporation
REF:IDC 207
Date Published:08 April 2022
Date of Expiration:05 October 2022 EXPIRED
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| LOCATION OF THIS JOB |
 South Africa | 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 -> Office of the COO -> Manufacturing -> Textiles and Wood Products
Job Type Full-time
Category Client Management
Education Level Honours Degree
Location Sandown Office - Sandown, GP ZA (Primary)
Reporting Relationship The Subsidiary Senior Project Manager will report to the Head:Textiles and Wood Products.
JOB PURPOSE
To Lead and Manage the successful implementation of the turnaround Plans and initiatives within the Clothing, Textiles, Furniture and Leather “CTFL” sector and provide ongoing support to subsidiaries and IDC management to effect the turnaround.
MAIN DUTIES AND RESPONSIBILITIES
1. Be the main interface with the subsidiary management and Board to execute the IDC requirements.
2. Set up KPIs to monitor turnaround progress on a monthly, quarterly and annual basis alongside subsidiary management and the Boards.
3. Attend monthly management meetings to monitor the KPIs and performance and provide insight.
4. Play the role as a thought partner to the subsidiaries with regard to the turnaround initiatives in the form of technical or financial support.
5. Based on the individual subsidiary need, Ability to work side by side with external consultants, advisors on implementing the subsidiary turnarounds.
6. Feedback monthly performance to IDC management and key next steps to improve/correct lagging KPI’s.
7. Prepare any internal IDC submissions to relevant committees or panels.
8. Participate in any subsidiary based DD alongside deal team.
9. Engage with CSG to ensure that all post investment activity and reporting is completed.
10. Lead the opportunities for onboarding Strategic Equity Partners where required
11. Take the lead/support team lead on exit discussions where IDC has provided the necessary mandate.
12. Ensure that all governance aspects are adhered to in the subsidiaries through collaboration with IDC corporate secretariate department.
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| REQUIREMENTS FOR THIS JOB |
QUALIFICATION REQUIREMENTS
1. CA(SA)
2. Bcom/BEng with post graduate degree: MBA / MBL
KNOWLEDGE AND EXPERIENCE REQUIREMENTS
1. The individual should be strong on consulting, Corporate / Project finance, project management, turnaround strategies, proactive and seasoned professional
2. At least 8-10 years’ experience in executive role in a manufactuirng organisation; and/or;
3. At least 8-10 years’ experience in a Turnaround and Restructuring environment - businesses experiencing distress.
4. Previous experience in the CTFL sector would be advantageous.
5. Experience in manufacturing and sales driven organisations would be preferable.
6. Knowledge of business and the diversity of risks that may affect businesses.
7. Good understanding of different types of security
8. Good knowledge of Industry standards, technology trends and best practices
TECHNICAL COMPETENCIES
1. Business Turnaround & Rescue
2. Financial modelling and valuations
3. Analytical/Diagnostic Skills
4. Business/Commercial Acumen
5. Problem Solving/Solution Generation
6. Client Insights & Focus
7. Formulating strategies and concepts
8. Report writing Skills
9. Project Management Skills
10. Stakeholder Management
BEHAVIOURAL COMPETENCIES
1. Communication & Presentation skills
2. Creating & Innovating
3. Coping with pressure & set backs
4. Planning & Organising
5. Negotiating & Influencing
6. Networking Skills
7. Results Driven
8. Coaching & Mentoring
9. Deciding & Initiating
SPECIAL REQUIREMENT:
As our entity (IDC) provides financing and funding, the need to ensure Trust, Honesty and Integrity in all financial and non-financial activities must be above reproach
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English 
FRENCH
