Senior Investment Associate Jhb North

Johannesburg, Gauteng, South Africa

Job Description


Senior Investment Associate - Jhb North Finance/Accounting
JHB North, Johannesburg - Gauteng

Senior Investment Associate

Johannesburg North

4 Months Fixed Term Contract

Salary Package Market Related

Outline

TURNAROUNDS, WORKOUTS AND RESTRUCTURING

Key Responsibilities:

Debt Restructuring

  • Restructure the exposure of clients that are experiencing financial difficulties where such businesses have long-term financial viability and where liquidation is not a beneficial solution.
  • Restructure the companies and reduce the significant impairments and / or write-offs.
  • Establish the nature of the problem and develop a restructuring plan.
  • Review and monitor the businesses financial performance.
  • Review and monitor the collections.
  • Interface with other stakeholders for decision making.
Turnarounds
  • Develop the turnaround strategies.
  • Monitor the implementation of the turnaround plan.
  • Introduce investors or strategic partners into a business that is facing financial difficulties where such investors or strategic partners can add value and turnaround the company.
Business Rescue
  • Attend to all business rescue proceedings and advice on the acceptance of the business rescue plan.
  • Monitor the implementation of the Business Rescue Plan.
Risk Management
  • Ensure that early warnings signs and other key risks factors are proactively identified.
  • Follow up and implement the recommendations of the internal and external audit findings.
Reporting
  • Prepare a restructuring proposal.
  • Present the proposal to relevant credit committees for approval.
Monitor the restructured portfolio and IAs output
  • Manage/ monitor the non-performing loans until these loans have been rehabilitated or until the non-performing loans have been transferred to Legal.
  • Oversee the output and quality of work of the various IAs in TWR and ensure that transactions are managed well and actioned timeously.
Experience/Skills Required:
  • 5 years experience in corporate restructurings and turnarounds
  • Credit experience is essential, including corporate restructurings and financial analysis.
  • Practical thinker
  • Problem solver
  • Must have run a business before and have practical business skills
  • Results orientated
  • Strong work ethic
  • Willing to work in a very high-pressure environment
  • Efficient with quick turnaround times
  • Business turnaround or restructuring skills
  • Self-motivated
  • Independent Business Review
  • Short term cash flow reviews
  • Financial Restructuring
  • Financial analysis skills
  • Operational turnarounds
  • Experience in Business Rescue (Chapter 6 of Companies Act 2008)
  • Financial modelling skills
  • Working capital and cash management
  • Report writing skills
  • Negotiation skills
Qualifications:
  • CA (SA) or BCom Accounting with postgraduate degree e.g. BCompt (Honours) or a relevant 4-year financial tertiary education or equivalent.
Personal Attributes:
  • The ability to plan, organise, lead and control in the work environment to achieve the business objectives
  • The ability to communicate effectively and efficiently at all levels in the organisation
  • The ability to negotiate with role players and arrive at a win-win situation in the best interest of the organisation and the negotiating party
  • The ability to understand the problem/situation, evaluate alternatives and take timely action, which will enhance the performance of the organisation
  • The ability to plan and execute projects
  • The ability to analyse the position of a business related to the financial position and business viability to enable appraisal of the business for purposes of future existence and requirements in terms of business and economic viability
  • The ability to utilise the correct computer software and the relevant functionality applicable to the outcomes required
  • The ability to interact with people at all levels in the organisation
  • The ability to compile a business proposal inclusive of the business case and financial model and motivation for the pursuance of the business venture
  • The ability to restructure debt to ensure maximum benefit to all stakeholders involved
  • Innovation and idea generation
  • Problem solving skills
  • Ability to think strategically and out of the box
  • Highly motivated and confident individual
  • Proven ability to multitask and ensure effective delivery of the priorities to meet targets and objectives and able to work effectively under pressure
Please Note: Should you not receive feedback within 3 months, please consider your application as unsuccessful.

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Job Detail

  • Job Id
    JD1294665
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned