Corporate Social Investment (CSI) Specialist Financial Management and Monitoring at Industrial Development Corporation

Job Description

• To evaluate and present applications for funding that contribute towards the Corporate Social Investment (CSI) socio development goals. This would include:performing the financial due diligence function and ensuring risk identification and mitigation; and monitoring the utilization of disbursed funds and outcomes of all successful applications

Qualification and Experience

QUALIFICATIONS:

• Minimum qualification: BCom/Financial Management Degree  

KNOWLEDGE & EXPERIENCE:

• At least 5 – 8 years related experience 
• Experience in interpretation of financial statements 
• Experience in financial reporting
• Experience in monitoring implementation of project
• CSI specific knowledge would be advantageous 

Roles and Responsibilities

Financial / Shareholder Returns

• Ensure financial soundness of all CSI applications
• Monitor the utilization of funds disbursed to all successful applicants
• Evaluate annual financial statements of all applications 

Internal / Operational Processes

• Evaluating applications for financial soundness through due diligence investigations
• Designing and negotiating the financial and other relationships with the applicants
• Risk identification and mitigation
• Participate in due diligence teams
• Ensuring that the applications are aligned with the strategic objectives of Corporate Affairs and will contribute to meeting departmental (CSI) goals
• Prepare budget proposals for inclusion in submissions for approval by the Corporate Affairs Committee
• Ensuring accurate client data management
• Liaise with financial management department on all CSI disbursement 

 Customer Focus & Stakeholder Management

• Maintain meaningful relationships with enquirers and applicants in conjunction with different support functions in the IDC.
• To effectively interact with different departments (CRAD), Legal, FM) in order to fulfil the process requirements related to any specific application.
• To manage and enhance the levels of service and communication to ensure the provision of client service excellence.
• Liaise, communicate and promote the CSI internally and externally 

Learning, Leadership & People Growth

• Drive and manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional 

Job Requirements

TECHNICAL/FUNCTIONAL COMPETENCIES

• Financial acumen 
• Risk identification and mitigation 
• Stakeholder Management and customer focus 
• Report writing skills 
• Planning and organizing
• Ability to speak more than one African Language
• Drivers license