EASTERN CAPE REGIONAL MANAGER
A company based in Eastern Cape has a position for an Eastern Cape Regional Manager.
Salary: Negotiable
Duties & Responsibilities
- ADVANCING B-BBEE
- Screening 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- Management of Pipeline: Ensure that all applications received are screened; declined or withdrawn in no more than 5 days on CRM.
- Queries & Complaints plus Effective Client Communication: Limit formal complaints on all received applications to no more than 3% of total applications screened for the period. Ensure that acknowledgement letters are sent to clients within 3 days.
- Approvals of Applications: Ensure 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 Approved Applications: Help ensure that deals approved are committed and disbursed to clients within required turnaround times.
- MAXIMIZING THE EMPOWERMENT DIVIDEND
- Invest in Black empowered businesses that have high employment creating opportunities. Ensure that at least 40% of total deals approved should be owned and managed by Black Women.
- OPTIMISING NON-FINANCIAL SUPPORT
- Effective marketing of the Regional Office by facilitating & coordinating company events and presentations in the Province. Activities should be captured in Quarterly Reports.
- Update Regional Strategy annually.
- Ensure that NEF’s Head Office culture is replicated in the Regional Office.
- FINANCIAL EFFICIENCY & SUSTAINABILITY
- Regional Portfolio Monitoring: Conduct 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.
- Empowerment Dividend: Ensure 100% submission of Empowerment Dividend questionnaires are returned by investees within agreed upon timelines.
- Credit Control and Impairments: Assist in completing the Portfolio Impairments model on a quarterly basis; work closely with the Legal Department on litigation matters; ensure that you meet your collection and impairment rates targets per year.
- INTERNAL PROCESSES PERSPECTIVE
- Operate within allocated budget: Expenses at allocated budget should not be exceeded.
- Adherence to Systems and Procedures: 100% of suppliers engaged should have proper documentation and processes followed; manage all existing Contracts and SLAs.
- Leadership – Administration: Provide effective administrative leadership in the office.
- LEARNING AND GROWTH
- Developing self; ad hoc tasks, capacity building and special projects in the region; completion and adherence to Personal Development Plan.
Minimum Requirements
Essential:
- Working knowledge of SA Corporate law including the Companies Act.
- Minimum of five 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 BBB-EE financing market.
- Working knowledge of BBB-EE 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.
Preferred:
- Previous experience in managing an SME financing business unit as well as a corporate finance business unit within a development finance environment.
Desired Experience & Qualification
Essential:
- B Com, B Com (Hons), CFA, CA (SA), MBA, B. Engineering.
Preferred:
- Post graduate degree in Finance, Accounting and/or Tax, and/or Auditing.
Package & Remuneration
Negotiable
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