Loans Manager

2 weeks ago


Sandton, South Africa IDC Full time

**Synopsis**
A permanent position exists within the Financial Management Department for a Loans Manager at our Head Office in Sandton, reporting to the Head of the Financial Management Department.

The Loans Manager manages the team that is responsible for the on-boarding processes of all IDC and Partnership Programs funding transactions for various financial products (e.g. loans, equity, grants, guarantees, etc.) and manages the full administration lifecycle of those transactions, within IDC’s policies and processes, while mitigating associated operational risks. The Loans Manager will help mentor and manage the team to deliver best
- in
- class administration and transaction management to the various functions within IDC and the Partnership Programs teams.

**Qualification and Experience** QUALIFICATIONS**
Appropriate post-graduate accounting qualification and Completed articles, CA(SA) or CIMA.

**KNOWLEDGE & EXPERIENCE**
- A minimum of 10 years’ relevant work experience (Accounting/debtors/Loan receivables).
- A sound knowledge of IDC processes would be an added advantage.
- SAP system experience preferably in Loans Management CML Module.
- Microsoft suite
- 5+ year experience in managing a team

**Roles and Responsibilities**
- Accurate maintenance of master data captured on SAP and overall data integrity related to the Loans team functions
- Service delivery management and service improvement
- Routine day-to-day planning for loans section
- Banking system administrator duties and checking and releasing of all payments, per schedule
- Checking and authorising manual entries
- Authorising and posting journals
- Authorisation of settlement figures
- Management of deferrals and restructurings of client accounts
- Management of debit order collections
- Assistance with information on legal and collection matters
- Addressing internal and external client queries
- Driving and executing month end close process by incorporating appropriate internal control procedures
- Executing year-end procedures for inclusion in annual report, including various reporting requests from the FM reporting accountants.
- Consulting on transactions as required by business on an ad hoc basis
- Attending to Internal and External Auditor engagements and findings
- Responsible for carrying out tender procedures on an ad-hoc basis
- Management of Foreign Loans functions where relevant
- Numerous routine and ad-hoc support functions

Job Reference: IDC00017


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