Senior Specialist: Turnaround

1 month ago


Sandton, South Africa Kamo Placements Full time

***
- Plan and execute the Turnaround and Restructuring of company clients experiencing distress
- Carry out Business Reviews to ascertain whether clients have the potential of becoming operationally and financially viable;
- Determine the optimum Turnaround solutions that will improve the companys viability,
- Determine the optimum Financial Restructuring intervention that company can implement to support the Turnaround strategy e.g. restructuring of company repayment terms, conversion of company debt to equity, injection by company of additional funds, finding third parties to inject additional funds, etc.
- Safeguard companys Security position through maintaining and/or improving the recoverability of companys exposure,
- Draft and present submission reports to various decision making committees,
- Review drafted legal agreements to ensure they capture the company credit committee approval,
- Closely monitor the implementation of the Turnaround strategy through attending Steerco/ Manco; Interaction with key stakeholders; regular client visits; etc.
- Regularly update the Business Advisory & Turnaround monitoring platform (SAP) iro tracking progress against process and status update notes;
- Provide support to sector SBUs/PIMD in respect of their clients who are showing signs of potential financial failure
- Attend and contribute to the monthly Business Advisory & Turnaround Portfolio Management meetings
- Provide efficient service to both internal and external stakeholders/clients

**JOB REQUIREMENTS**
- The incumbent must have commercial qualifications e.g. BCom with post graduate degree: MBA / MBL
- At least 8-10 years experience in a Turnaround and Restructuring environment - businesses experiencing distress.



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