Business Finance Director

3 weeks ago


Durban, KwaZulu-Natal, South Africa You Choose Recruit Full time
Job Description:

A renowned financial institution is seeking an accomplished Business Finance Director to provide strategic guidance in the management of loan assessments, pre-investment support and post-investment support. This pivotal role will ensure clients can effectively establish, manage and grow their businesses.

Main Responsibilities:
  • Develop and lead the implementation of business unit strategic and operational plans, policies and procedures.
  • Direct loans and projects relevant to business loan applications and pre-investment support services.
  • Direct loan post-investment support services.
  • Build effective strategic relationships with stakeholders to drive business growth.
  • Manage Capex and Opex to ensure financial sustainability.
  • Manage human capital through effective performance management and employee development and empowerment related to the business unit.
Requirements:
  • Post graduate qualification in Finance/Business Management/Commercial Law or equivalent.
  • 8-10 years' experience in a financial institution (banking, development finance and economic development) with 5-7 years at senior management level.
  • Computer literacy in Ms Office package.
  • Knowledge and experience in financial planning and forecasting.
  • Knowledge and understanding of Public Financial Management Act.
  • Knowledge of corporate governance principles.
  • Knowledge of risk management concepts, frameworks and methodology.
  • Knowledge of credit risk assessment, due diligence and financial modelling.
  • Knowledge of relevant legislation, e.g. Banks Act, FAIS, FICA and NCA.
  • Knowledge of financial management and investment packaging.
  • Knowledge of fraud prevention strategies.
Estimated Salary:

R800,000 - R1,200,000 per annum, depending on experience.



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