Overview
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
Responsibilities
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.TurnaroundsDevelop 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 RescueAttend to all business rescue proceedings and advice on the acceptance of the business rescue plan.
Monitor the implementation of the Business Rescue Plan.Risk ManagementEnsure 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.ReportingPrepare a restructuring proposal.
Present the proposal to relevant credit committees for approval.Monitor the restructured portfolio and IA’s outputManage / 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 IA’s in TWR and ensure that transactions are managed well and actioned timeously.Experience / Skills Required
5 years’ experience in corporate restructurings and turnaroundsCredit experience is essential, including corporate restructurings and financial analysis.Practical thinkerProblem solverMust have run a business before and have practical business skillsResults orientatedStrong work ethicWilling to work in a very high-pressure environmentEfficient with quick turnaround timesBusiness turnaround or restructuring skillsSelf-motivatedIndependent Business ReviewShort term cash flow reviewsFinancial RestructuringFinancial analysis skillsOperational turnaroundsExperience in Business Rescue (Chapter 6 of Companies Act 2008)Financial modelling skillsWorking capital and cash managementReport writing skillsNegotiation skillsQualifications
CA (SA) or BCom Accounting with postgraduate degree 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 objectivesThe ability to communicate effectively and efficiently at all levels in the organisationThe ability to negotiate with role players and arrive at a win-win situation in the best interest of the organisation and the negotiating partyThe ability to understand the problem / situation, evaluate alternatives and take timely action, which will enhance the performance of the organisationThe ability to plan and execute projectsThe 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 viabilityThe ability to utilise the correct computer software and the relevant functionality applicable to the outcomes requiredThe ability to interact with people at all levels in the organisationThe ability to compile a business proposal inclusive of the business case and financial model and motivation for the pursuance of the business ventureThe ability to restructure debt to ensure maximum benefit to all stakeholders involvedInnovation and idea generationProblem solving skillsAbility to think strategically and “out of the box”Highly motivated and confident individualProven ability to multitask and ensure effective delivery of the priorities to meet targets and objectives and able to work effectively under pressurePlease note : Should you not receive feedback within 3 months, please consider your application as unsuccessful.
#J-18808-Ljbffr