![Technology Innovation Agency](https://media.trabajo.org/img/noimg.jpg)
Portfolio Manager: Commercialisation
1 week ago
Job Advert Summary:
Job Purpose:
To support the business unit in assisting impactful technology innovations to be taken up in the market, in line with the division's strategy.
The Agency reserves the right not to make an appointment.Technology Innovation Agency (TIA) is a talent driven, customer
- centric and impact focused organisation. In our endeavour to support technology innovation with socio-economic outcomes; we seek to infuse the organisation with team players that find resonance as value creators, agile thinkers, progressive attitudes, customer-centricity, dynamic work ethic and an optimistic disposition. We aim to harness these attributes in a manner that they culminate into a culture of teamwork, impact and accountability. In executing its mandate, the organisation provides funding and non-funding support to stimulate innovation so that it provides a catalytic impact to the economy whilst improving people's lives and protecting the environment.
Minimum Requirements:
Qualification
A 4-year degree, in Finance /Commerce /Accounting or Science/Engineering degree plus financial related qualification
Preference - Master's degree
Work Experience
3 years technology innovation experience plus 2 years' experience in a commercial or portfolio management context
Knowledge of PFMA
Duties and Responsibilities:
Finance
- Assist the business unit to develop divisional budgets and forecasts for EXCO and Board approval
- Monitor and track financial performance against budget (operations, projects and programs)
- Manage and monitor the timeous disbursement of funding to ensure optimal operation of technology and innovation projects and programs
- New funding opportunities are identified, and additional income raised from third party investors
- Manage repayment obligations that projects have to TIA (royalties and loans)
- Monitor the usage of disbursed funds on quarterly basis or as per requirements in the funding agreement
- Analyse the Annual Financial Statements of investment beneficiaries
Stakeholder Relations Plans
- Provide input into the formulation of a Stakeholder relationship strategy specific to the business unit
- In collaboration with the Marketing and Communications unit, ensure credible success stories are published
- An effective ecosystem is built around the portfolio including key stakeholder relations
- Participate in events, meetings, workshops and conferences by giving input, avail skill, competency and expertise. Participation should result in positive input, impact and giving direction in the NSI
Internal Processes
- Adherence to all relevant policies and frameworks is maintained
- Compliance to all TIA systems (fund management, performance management, human resources, finance, stakeholder information, etc.) is maintained
- All portfolio audit matters are resolved
- Agreed turnaround times on key business processes are achieved
- Project information is accurately and completely recorded on the fund management system
- Ensure timeous and accurate reporting as per requirements
- Assist applicants with building a fundable opportunity and to assess Investment opportunities
- Provides support and assistance to projects to achieve their milestones
- Proactive identification of project risks and portfolio opportunities, together with project teams
- Perform due diligence with a focus on financial as well as the commercial aspects of TIA projects and programs
- All aspects of the project life cycle from sourcing to exit are efficiently managed
- Facilitate Commercialisation of TIA projects/investments
- Build a pipeline of investment opportunities for the business unit
- Perform clientcentric and value adding project management of TIA projects/investments
Governance and Compliance
- Ensure compliance with applicable Legislation, e.g. PFMA and National Treasury Guidelines;
- Ensure compliance to all relevant accounting Standards, Policies and Frameworks; and
- Ensure Compliance with approved TIA Standard Operating Procedures
- Proactively identify continual improvement strategies
- Monitor quality and performance initiatives ensuring that they are aligned to the business process and delivered as agreed.
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