14 Oct
Amasiko Group
East London
IntroductionWe are urgently looking for a Regional Manager for Eastern Cape Regional Office. This position is based in East London.Duties & Responsibilities1. ADVANCING B-BBEEScreening and processing of enquiries and applications.Effectively screen, prepare and refer quality applications to Funds in line with company mandate and turnaround times.Management of pipeline.Ensuring that all applications received are screened, declined or withdrawn in no more than 5 days on CRM.Limit formal complaints on all received applications to no more that 3% of total applications screened for the period.Ensure that acknowledgement letters are sent to clients within 3 days.Approvals of applicationsEnsure that majority of packaged applications that were referred to the Funds should be approved by an Investment Committee.At least 50% of approved deals must have been presented by the Regional Manager to an Investment Committee.Commitments and Disbursements of approvedHelp ensure that deals approved are committed within required turnaround times.Help ensure that deals approved and committed are disbursed to clients within required turnaround times.2. MAXIMIZING THE EMPOWERMENT DIVIDENDInvest in Black empowered businesses that have high employment creating opportunities.Increase participation of Black Women in the EconomyEnsure that at least 40% of total deals approved should be owned and managed by Black Women.Achieve target of total deals disbursed and committed to Black Women.Achieve targets of new jobs created and maintained on disbursed deals.Ensure accurate and timely completion of Empowerment Dividend reports per process.Manage the Empowerment Dividend monitoring and reporting requirements.3. OPTIMISING NON-FINANCIAL SUPPORTEffective marketing of the Regional Office by facilitating & coordinating company events and presentation in the province and activities should be captured in Quarterly Report.Achieve and participate in Business Development Sessions.Update Regional Strategy annually.Ensure that the company culture is replicated in the Regional Office.4. FINANCIAL EFFICIENCY & SUSTAINABILITYConduct Post Investment Unit monitoring and reporting of allocated portfolio of investments in your Province under the supervision of the Senior Post Investment Associate and Post Investment Manager as per agreed outputs.Monitor all undertakings for investments and ensure that compliance issues are addressed for all clients.Ensure that securities are in place and valuated per policy.Compile an annual compliance checklist for all clients for inspection by the Post Investment Unit, Maintain accurate disbursement and electronic monitoring files with controlled access for each client.Ensure action on audit findings items as identified within agreed timelines.Ensure accurate risk rating analyses are conducted and accurate documentation thereof.Give input to risk reports as and when required.Conduct regular site visits, paying particular attention to investees in distress as identified by trigger incidents.Ensure submission of Empowerment Dividend questionnaires are returned by investees within agreed timelines, including accuracy thereof.Credit Control and ImpairmentsAssist in completing the Portfolio Impairments model on a quarterly basis.Work closely with the Legal Department on litigation matters to maximise legal collections and bring these matters to closure.Ensure that you meet your collection and impairment rates targets per year.5. INTERNAL PROCESSES PERSPECTIVEOperate within allocated budget. Expenses at allocated budget should not be exceeded.Adherence to Systems and Procedures and management responsibilities.100% of suppliers engaged should have proper documentation and processes followed.Manage all existing contracts and SLA's.Provide effective administrative leadership in the Regional Office.People and performance management in the Regional Office to ensure continuous maximum productivity, project delivery and high staff morale.6.
LEARNING AND GROWTHDeveloping self, and willingness to learn approach.Completion and adherence to Personal Development Plan (PDP).Ad hoc tasks, capacity building and special projects in the region.Desired Experience & QualificationPost-Graduate Degree in Finance, Accounting and/or Tax, and/or Auditing.Have a working knowledge of SA Corporate law including the Companies Act.Minimum of 5 years' experience in the SME funding environment, venture capital and/or development finance arenas.Sound technical and industry knowledge of the SME environment.Well-developed business networks and proven ability to generate deal flow.Strong technical and industry knowledge of the B-BBEE financing market including understanding of evolution of B-BBEE financing and B-BBEE Codes of Good Practice.Working knowledge of B-BBEE financing structures, equity investments and mezzanine financing structures.Some understanding of corporate finance disciplines such as valuation techniques.Working knowledge of financing documents such as sale and purchase agreements and shareholders agreements.Strong credit and risk analysis skills.Previous experience in managing people / professional teams.Well-developed presentation, written and verbal communication skills.Strong inter-personal skills.Strong organizational and strategic orientation.Experience in development and implementation of strategic and business plans.Previous experience in managing an SME financing business Unit as well as a Corporate Finance business unit within a Development Finance environment.Package & RemunerationMarket Related SalaryProvident FundMedical AidInterested?Contact HR Services, Recruitment & Selection.
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▶️ Eastern Cape Regional Manager (Sme And Rural Development) Markert Related
🖊️ Amasiko Group
📍 East London