Post Investment Associate
Listing reference: nef_000012
Listing status: Closed
Apply by: 16 September 2023
Position summary
Industry: Financial Services
Job category: Banking, Finance, Insurance. Stockbroking
Location: Kwazulu Natal
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
The National Empowerment Fund is looking for a Post Investment Associate to conduct post investment due diligence and monitoring of investments portfolio and provide investment support to clients.
Job description
• The primary role is to conduct post investment due diligence and monitoring of investments in your allocated NEF portfolio.
• To conduct due diligence on application from investees for further funding and obtain approval from the relevant committees per DOA.
• Periodic site visits to investee companies.
• Oversee investee legal compliance.
• Investee valuations and impairment calculations.
• Quarterly risk analysis and reporting of investee companies (NEF internal and external).
• Liaison with internal and external audit departments.
• Manage the NEF mentor panel of consultants per NEF investment.
• Monitor and report back on Empowerment Dividend data.
• Early identification / flagging of potential areas of non-compliance and defaulting clients.
• Attend investee board (if nominated) as and when required.
• Attend internal departmental committee meetings as and when necessary.
Minimum requirements
Qualification
• Graduate degree – minimum BCom. (Business and Finance, Accounting).
• Honours degree – BCom. (Finance, Accounting or CTA).
Experience/Skills Required
• At least 5 years deal making/investment experience.
• Strong Project Management and Corporate Finance and/or Venture Capital experience (minimum of 5 years).
• Completed articles or have strong audit experience.
• Good working knowledge of key commercial statues and regulations (e.g. Taxation, Companies Act, Commercial Law, Litigation and Insolvency Law).
• Financial modelling.
• Ability to analyse and interpret financial statements.
• Conduct enterprise valuations and exits on large complex deals.
• Proven track record of managing a diverse investment portfolio from a post investment perspective.
• Various industry sector experience.
• Portfolio risk analysis experience.
• PC: MS Word, Excel and PowerPoint competency at an advanced level.
• Strong report writing skills.
• Understanding of enterprise valuation and exit valuation methodologies from a post investment perspective.