Career Opportunities at Deloitte South Africa

Job description

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivalled opportunities to succeed and realize your full potential.

Main Purpose of Job

• To support leadership in delivery of services to / at client premises on delegated engagement / project.

Minimum Qualifications

• University Graduate, preferably BSc (in Statistics or Mathematics); Financial Engineering or Actuarial Science.

Minimum Experience

• Financial Modelling – technical knowledge in PD, EAD, LGD, Basel II and IAS39.
• Need to have 2-4 years credit experience at a Bank or Consultancy.
• Retail credit risk experience is preferable, but strong corporate credit is also acceptable.

What you’ll do / Specialized Competencies

• Program coding knowledge and skills: SAS, VBA, Matlab (intermediate level
• Financial Modelling – technical knowledge and skills in PD, EAD, LGD, Basel II (intermediate knowledge
• Financial services and market regulations knowledge and application: regulation 23, IAS39, IFRS 9 (intermediate level)
• Industry experience and knowledge in Credit risk, Valuations, Enterprise Risk, Market Risk, Treasury and Regulatory compliance (intermediate level)

Key Performance areas

• Strategic Impact
• Supports the Engagement Manager in delivery of engagement / project, in specific area of competency
• Raises issues with manager as identified in area of focus that may affect the quality of delivery or timelines of the engagement
• Identifies opportunities for follow-on work and works with management to win the business
• Assists in development of client presentations / discussion documentation
• Actively builds business relationships that generate leads
• Gathers information to understand broader offerings of Deloitte and seeks opportunities for cross-selling
• Raises solutions to address issues in area of expertise that may enhance / renew service offerings to client
• Client Impact: External / Internal
• Communicates regularly with both Engagement Manager and client to meet deliverable expectations in specific area of expertise
• Develops productive working relationships with client staff
• Operational Effectiveness
• Proactively identifies client needs and problems on technical issues that arise and propose resolutions to address these
• Manages risk in area of engagement in alignment with Deloitte policies
• Consistently reviews and analyses accuracy and quality of own deliverables
• Maintains clear communication channels with engagement team members on work status
• Development/Growth of Team
• Shares expertise and knowledge with team members and assists where possible to ensure quality and timeous delivery of work
• Mentors junior members of the team
• Maintains own development and knowledge in specialised area
• Budgets / Profitability
• Maintains quality and timeous delivery as per SLA

Your role as a leader

At Deloitte we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. In addition to living our purpose, Managers across our organization:

• Develop high-performing people and teams through challenging and meaningful opportunities
• Deliver exceptional client service; maximize results and drive high performance from people while fostering collaboration across businesses and borders
• Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Understand key objectives for clients and Deloitte; align people to objectives and set priorities and direction

Leadership / Behavioural Capabilities

• Living our Purpose - Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make
• Influence - Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Performance drive - Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and borders
• Strategic direction - Understands key objectives for clients and Deloitte, aligns people to objectives and sets priorities and direction
• Talent development - Develops high-performing people and teams through challenging and meaningful opportunities

Cross Consulting Capabilities

• Delivery Excellence
• Knows the Business and Sector
• Analytical Thinking & Problem Solving
• Financial Acumen
• Executive Presence
• Global Mindset
• Business-Technology Acumen

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Job description

About You

Minimum Qualifications

Honour’s degree in Finance/Investment Management/ CA(SA)

Desired Qualifications

Honour’s degree in Finance/Investment Management/ CA(SA) (CFA MBA advantageous)

Minimum Experience

7 years’ working experience with 4 years in Due Diligence environment

Desired Experience

7 years’ experience in similar environment

Technical Skills

• Expertise in field with excellent industry and business knowledge
• Strong business acumen
• Demonstrated leadership skills
• Sales and negotiation skills
• Ability to manage and execute projects
• Demonstrated execution of complex projects to profitable outcomes
• Skilled in drafting and presenting client proposals
• Excellent report writing skills
• Good financial knowledge

Behavioural Skills

• Exceptional communication skills, both written and verbal
• Effective interpersonal and relationship building skills
• Sound mentorship and coaching ability with desire to develop self and others
• Strong client delivery focus
• Highly adaptable, managing change and ambiguity with ease
• Focus on quality and risk
• Sound problem solving ability

About the Job

• Strategic Impact
• Supports the implementation of strategy of the Service Line / Business Area in relation to specific area of expertise
• Implements the strategy within area of responsibility by conforming to plans set by leadership in all engagements / projects including:
• Revenue targets
• Talent management
• Communication to teams
• Tracking of plans in engagements / projects
• Actively identifies sales opportunities in broader market
• Contributes to preparation of proposals/tenders and presentations
• Participates in sales presentations and client negotiation teams for new and retained business
• Grows market network with key players and builds long-term relationships
• Builds relationships across Deloitte service lines for cross-selling opportunities and combined engagement pursuits
• Identifies innovative solutions on projects / engagements to enhance / renew service offerings to client
• Drives own client portfolio and profitable book of business (depending on SL/BU)

Client Impact: External / Internal

• Maintains oversight of client engagements / projects
• Forms appropriate judgements based on careful analysis to makes sound business decisions on engagements / projects
• Develops productive, credible and trusting relationships with key players and their teams during assignments / projects
• Builds a network of senior-level internal relationships across Deloitte to understand other business unit offerings and to market own area
• Establishes and maintains strong relationships with external business leaders across industries
• Contributes to thought leadership and shares knowledge and expertise with clients, colleagues and teams

Operational Effectiveness

• Communicates detail of Engagement Letters to teams and maintains monitoring of adherence by all parties
• Manages engagement/project risk through supervision of completion of required documentation and processes as mandated by RIL, as well as risk to client confidentiality
• Leads / manages complex client engagements and maintains oversight of all engagements / projects within sphere of responsibility
• Meets regularly with clients and teams to understand issues, anticipate needs and address these
• Consistently drives improvement on deliverables through effective leadership
• Keeps Partner updated on status of all assignments
• Communicates need for any changes in engagement / project plan to relevant leadership and obtains agreement for relevant amendments
• Provides ongoing communication to teams on status of engagement / project, changes, achievements, etc.
• Drives Deloitte values of exceptional service to clients, growing the firm’s brand and talent development
• Development/Growth of Team
• Mentors and develops team members and counselees on an ongoing basis
• Empowers managers through appropriate delegation of work
• Develops close working relationships with key talent
• Maintains own development and knowledge in specialised area and business
• Demonstrates commitment to transformation agenda of the firm
• Provides consistent recognition and encouragement to teams and leads by example
• Budgets / Profitability
• Resources engagement teams with suitable talent, balancing correct levels and numbers and providing input into recruiting as necessary
• Manages margins effectively through accurate budgeting, pricing and profitability management on engagements
• Monitors that time and expenses to engagements are recorded and submitted weekly
• Oversees WIP on projects / engagements and ensures billings are timeously done and collections followed up
• Assist with negotiating overruns in engagements.

Differentiators for this specific role

• Attain consistent personal productivity of over 60%.
• Ability to manage 2 or 3 engagements at a time. Ensure the deliverable is at the expected quality prior to partner review and that all work is submitted within required deadlines.
• Focus on key findings to ensure deal issues and follow up matters have been identified, and appropriate recommendations are made.
• Ensure all risk management and quality control procedures have been completed by the managers.
• WIP management. Active management of WIP and cash collection. Achieve targets of cash collection within 6-8 weeks.
• Manage budgets and recoveries on engagements to obtain target recoveries of 85%
• Winning Business. Active involvement in successful proposals totalling R5 million, with personal sales of over R1 million.
• Involvement in marketing initiatives and active follow up on targets.
• Active follow up on matters identified in our due diligence with potential cross selling opportunities

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Job description

POSITION REQUIREMENTS

Education

CA (SA) or equivalent

Experience

• Completed traineeship (TOPP or TIPP)
• Minimum two years corporate finance experience in a “Big 4” auditing firm or merchant bank.
• Experience in enterprise valuations essential
• Experience in IFRS and purchase price allocation valuations advantageous

Key attributes

• Good interpersonal skills
• Good communication skills (oral presentation skills and writing skills)
• Good negotiation skills
• Sound technical/problem-solving skills
• Analytical and logical
• Good project management and organisational skills
• Sound business acumen
• Self-starter
• Ability to work independently with minimum supervision
• Ability to work quickly and accurately in a highly pressurized environment
• Proficient in MS Word, Excel and PowerPoint

Travel requirements

• Own transport
• Both local and international travel may be required

Language

English

Responsibilities

Key performance areas include valuations to support the following:

• Acquisition and Sale Fairness Opinions
• Investments
• Capital Raising
• ESOP
• Management Buyouts
• Inter-Shareholder Transactions
• Restructuring
• Purchase Price Allocation (IFRS 3)
• Valuations for Goodwill Impairment (IAS 36)