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Plant, Equipment and Machinery Appraiser / Valuer

Plant, Equipment and Machinery Appraiser / Valuer

TalentCruSandton, Gauteng, South Africa
30+ days ago
Job description

Overview

To independently assess and provide expert advice on the estimated new replacement cost, open market, forced sale and other values of physical assets (plant, equipment and machinery) to ensure that physical assets, including those considered for and / or taken for collateral, are properly valued.

Responsibilities

  • Assess variances between the client’s and independently determined estimated capital expenditure costings, envisaged process improvements, etc., and make recommendations for adherence to industry norms and best practices
  • Evaluate the appropriateness of the envisaged plant and equipment installation
  • Develop strategy, methodology, programme and deliverables against set programme milestones
  • Identify risks inherent in the client’s plant and equipment projects and make recommendations for risk mitigation
  • Validate the accuracy of reviewed valuation reports of physical assets prepared by others
  • Drive continuous improvement of the department’s processes, procedures, templates, etc.
  • Maintain relevant records and relations to support expertise and knowledge
  • Prepare report writing and presentations for internal and external committees
  • Manage effective interaction with SBUs and Departments
  • Maintain and enhance knowledge of valuation and related best practices

Qualifications

  • Degree or National Diploma in Engineering or NQF6 or equivalent (Minimum ECSA candidacy)
  • Registration - ME201
  • Registered Professional Engineer with the Engineering Council of South Africa (ECSA); Member of Royal Institution of Chartered Surveyors (RICS) and American Society Appraiser (ASA) will be an advantage
  • Knowledge and Experience

  • 3 - 5 years’ experience in plant, machinery and equipment appraisal
  • Experience in mechanical / industrial engineering and / or financial services industry is advantageous
  • Independently conducting own assessments and valuations of plant, equipment and machinery, and providing expert advice on :

  • The appropriateness and reasonableness of the client’s anticipated capital expenditure on plant, equipment and machinery to validate against applicable industry norms
  • The functional, economic, physical obsolescence of plant, equipment and machinery and its impact on the IDC’s physical collateral register
  • The forecast of total and remaining economic life and value of plant, equipment and machinery and its impact on the IDC’s collateral
  • The variance between the client’s and independently determined estimated capital expenditure costings and envisaged process improvements, with recommendations for adherence to industry norms and best practices
  • The appropriateness of the envisaged plant and equipment installation strategy, methodology, programme and deliverables against set programme milestones
  • The risks inherent in the client’s plant and equipment projects with risk mitigation recommendations
  • The validity and accuracy of reviewed valuation reports of the physical assets prepared by others
  • Continuous improvement of the department’s processes, procedures and templates
  • Technical / Functional Competencies

  • Analysis and interpretation
  • Analytical and problem solving
  • Planning and organising
  • Communication skills (written and verbal)
  • Report writing skills
  • Results- and solutions-oriented
  • Behaviour Competencies

  • Presentation and communication skills
  • Relationship building and networking
  • Ability to multitask and work under pressure
  • Ability to collaborate with and influence various stakeholders and teams
  • #J-18808-Ljbffr

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    Equipment Machinery • Sandton, Gauteng, South Africa

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