Senior Account Manager

Synopsis

This role is to evaluate the economic merit of applicant businesses and present applications that contribute towards the Department’s objectives and industry development goals.

The evaluation would include performing the financial, technical and marketing due diligence functions and ensuring risk identification and mitigation.

To prepare motivation and present application for funding for consideration to the Adjudication Panels/Investment Committees

• Ensure financial soundness of all credit applications.
• Develop financial model for assessment of financial sustainability of applicants’ s businesses
• Participate in due diligence teams ensuring that businesses are viable and sustainable.

• Efficient management of allocated applications for funding, liaising with applicants, conducting basic assessments, resolving queries from applicants and conducting due diligence with other team members.
• Perform due diligence on applications funding
• Evaluate applications including financial, technical, or marketing disciplines through due diligence investigations.
• Designing and negotiating the financial, EHS, legal and other relationships between the clients and IDC for the specific deal (where applicable)
• Deal Optimization - Ensure that the deal is aligned with the strategic objectives of the department as specified by the funder and will contribute to meeting industry development goals.
• Conduct compliance assessments as required.
• Initiate collation of all Conditions Precedent prior to handover to Post Investment team.
• Review requests for funding, conduct the required assessments and prepare drafting of submission reports for review in preparation of submission to the approval panel.
• Ensure submissions are finalized and submit proposals to Approval or Investment Panel/Committee ensuring accurate client data management.
• Ensure signed reports are submitted to Admin for Investment Panel preparation and filing.
• Attend to and resolve all queries.
• Follow required process when handing over approved Business Partner to Post Investment Team
• Lead due diligence teams as appointed to, ensuring interest of IDC is maintained, and recommendation is ready for consideration.

• CA (SA) or BCom Accounting with post graduate degree e.g. BCompt, BEng / BSc or similar qualification
• MBA/MBL will be an advantage
• Project Management Professional qualification (PMP) will be an advantage

• 8 to 10 years’ experience in a Financial Institute/ Development Financing environment role with exposure to due diligence in a financial / development/banking institution.
• Should have at least 5 years’ experience in assessing the economic viability of businesses and/or projects
• Sound experience in a financial environment is essential
• Outstanding skills in respect of the analysis and interpretation of financial statements
• Sound knowledge of business and the diversity of risks that may affect businesses
• Very good understanding of different types of security
• Good working knowledge of Company and Contract legislation
• Understanding of Economic trends
• Project management experience.
• Extremely good writing and presentation skills, particularly to committees & boards
• Experience working in a high-level collaborative environment
• Ability to manage multiple competing priorities while building effective relationships
• Extremely organized and persistent, with drive and determination to achieve goals
• Ability to transfer knowledge to team members

• Enhance IDC’s reputation and build trust amongst the stakeholders.
• Build and maintain a network of relationships across the Corporation.
• Partner with the team in building and fulfilling the mandate of the department in line with the IDC’s and department’s specific policies, systems & procedures.
• Utilize own and expert knowledge, experience, multi-dimensional understanding and application of best practices in the fulfilment of the role.
• Assist with the preparation of accurate and timeous reporting…