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
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 IA’s 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 IA’s 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.