Job Description

Senior Investment Associate - Jhb North Finance
JHB North

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.

Apply for this Job

Affirmative Portfolios