Financial Analyst
Listing reference: nef_000027
Listing status: Closed
Apply by: 18 December 2023
Position summary
Industry: Financial Services
Job category: Banking, Finance, Insurance. Stockbroking
Location: Sandton
Contract: Fixed Term Contract
Remuneration: Market Related
EE position: Yes
Introduction
The National Empowerment Fund is looking for a Financial Analyst who will join our Turnaround, Workout and Restructure (TWR) team on a fixed-term contract.
Job description
• Assist TWR Investment Associates with an in-depth financial analysis and financial modelling of the NEF’s distressed businesses.
• Financial forecasting and development of scenarios for the NEF’s distressed businesses which are in turnaround phase.
• Identification of appropriate risk mitigation strategies and interventions when structuring the deal.
• Perform liaison role between TWR and other NEF’s units (Legal Services, Post Investment and Finance).
• Track and monitor all changes in respect of loan restructurings approved especially changes in deal structure, loan instalments to finance.
• TWR performance reporting on a monthly basis to the team.
• Timely update and submit TWR reports (debit orders batches, clients in arrears etc.)
• Assist TWR Investment Associates with preparations of committee reports.
• Attend all committee meetings including TWR monitoring meetings and prepare timeously and adequately for such meetings.
• Timely and accurate actioning of Portfolio Management Committee decisions.
Minimum requirements
• 3 years’ worth of experience in a finance and/or investment environment,
• Sound understanding of the technical aspects relating to business turnarounds, workouts and restructuring,
• Good track record of sound decision making ability.