Head of Project Development

3 weeks ago

Sandton, South Africa IDC Full time

This position is aimed at driving the long-term sustainability strategic objectives and priorities which are: Development Impact Effectiveness, Financial Sustainability, Customer Centricity and People.

The Head: Project Development is a change agent tasked with leading a team of future thinkers with a specific focus on:

- Understanding the key sector drivers, impact of and potential for disruption in sectors.
- Creating / generating a broader portfolio of new industrial investment opportunities.
- Actively cultivate new business in order to robustly expand the IDC’s project pipeline.
- Proactively develop strategic partnerships on projects taking bold initiatives to create alliances for promoting and developing project opportunities.
- Provide project oversight to mitigate risks and ensure project success throughout the project development cycle.
- Prioritising opportunities for project development.
- Leading successful development outcomes for pilot projects and commercializing and scaling outcomes.
- Assisting projects through development life cycle.
- Identifying opportunities to unlock industrial development to foster economic growth, regional integration, extending the industry to create and preserve jobs and sustain economic development.
- Responsible for the overall management and leadership of the unit.

**Qualification and Experience** Qualifications**
- Minimum qualification: relevant Post Graduate engineering degree or equivalent qualification.
- Finance qualification would be an advantage.
- Project management qualification and project development experience would be an advantage.

**Knowledge & Skills**
- Preferably 10 -12 years’ relevant experience in project conceptualisation, development and implementation
- 8 years of Project Finance and/or Corporate Finance experience.
- At least 5 years’ experience at a leadership level and management of teams
- Solid experience in interacting and presenting to Senior and Executive leaders and the Board.
- Experience in engaging, managing and negotiating with relevant specialist bodies, government institutions, industry associations etc.
- Client management expertise
- Experience with sectoral analysis, marketing, technical and other relevant non-financial aspects of project development.

**Roles and Responsibilities** Financial/Shareholder Returns**
- Optimise the balance of financial and development returns on IDC’s risk capital in projects
- Achieve a high success rate on projects engaged in
- Crowd in risk capital to priority projects
- Leverage concessionary off-balance sheet funding to achieve lower blended pricing for clients and effectively share risk

**Internal /Operational Processes**
- Define and implement strategic objectives of the unit
- Ensure that the strategies of the SBU are aligned with that of the Corporation and its mandate
- Provide strategic leadership and guidance
- Develop and manage the project origination / opportunity sourcing approach to develop a broader portfolio of jobs-rich and value-adding clients and projects.
- Actively cultivate new business, including the expansion of industrial firms with high growth potential
- Proactively develop strategic partnership on projects
- Contribute to industry policy decision making
- Provide project oversight to mitigate risks and ensure project success
- Deepen the project development methodology and capabilities
- Manage the project development budget and allocate resources in line with strategic priorities

**Customer Focus & Stakeholder Management**
- Build and maintain influential relationships with strategic stakeholders (government, industry forums, clients, regulatory authorities etc.)
- Optimise service delivery in a manner that address client’s needs
- Present the strategic objectives and operational plans of the unit to key decision making stakeholders within the Corporation (Executive Committees, the Shareholder and the Board)
- Liaise, communicate and promote the unit externally

**Learning, Leadership & People Growth**
- Provide strategic leadership and management to ensure high performance and delivery
- Ensure the effective management of human resources in the unit, including employee motivation and development
- Protect the interest and wellbeing of employees and establish suitable communication lines
- Oversee the implementation of talent management initiatives within the division (Employee Engagement, Mentoring and Coaching and Succession Management)
- Provide leadership that fosters a culture consistent with the Corporation’s values
- Drive and embed transformational leadership imperatives and enabling a culture of performance, delivery and a people first culture.

Job Reference: IDC00113

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