Senior Manager: Enterprise Finance

1 month ago

East London, South Africa Abantu Staffing Solutions Full time

Overview:

The successful candidate will be responsible for:

  • leading, managing and co-ordinating the provision of enterprise finance services in the organisation, constituting long and short-term loans, risk capital, micro-lending, and third-party funding to promote access to finance by businesses, with a view to advancing the growth and development priorities of the Eastern Cape province.

  • the design of responsive enterprise finance products and provision of related support services

  • the design and management of processes and systems relating to loan applications, processing, approvals, feedback management, pay-outs, collections, monitoring and reporting.

  • functions relating to support services, such as the design and formulation of governance and administrative systems required for the effective rendering of enterprise finance services

  • overseeing client contracting and management of securities relating to approved loans

  • managing the performance of the loans book, particularly matters relating to collection and impairment rates.

 

Minimum requirements:

  • Degree in Commerce (Business Management / Economics/ Finance /etc.) or Development or Entrepreneurship studies
  • Relevant post-graduate qualification
  • Minimum of 10 years working experience of which 5 years should be at an enterprise finance, SMME support or economic development environment at a middle management or senior consultancy level.

 

The Key Performance Areas will encompass:

Strategic Planning and Governance

  • Provide input to the organisational strategy and Corporate Plan.
  • Provide input into reviewing organisational activities and assist in recommending corrective actions if necessary.
  • Develop unit operational plans and align all activities undertaken in the unit to ensure delivery of corporate objectives.
  • Enhance and implement treasury regulation systems, processes, procedures, tools, and control systems.
  • Ensure monthly, quarterly, and annual reports are prepared accurately, maintained, and submitted timeously to all stakeholders.
  • Implement controls within the section which minimize potential risk to stakeholders.
  • Manage preparation and support of all internal and external audits.
  • Participate in management forums within the organisation, contributing expertise to enable sound decision making.
  • Facilitate departmental communication through appropriate structures and systems.
  • Develop and manage relationships with all internal and external stakeholders.

 

Provision of management and oversight of funding solutions.

  • Design and package relevant funding solutions to address the financial needs of businesses/SMMEs including the following:
  1. Short- and long-term loan products
  2. Risk capital
  3. Partneships and resource mobilisation
  4. Micro- lending .
  • Monitoring of the implementation of the loan security regime.
  • Manage and oversee the provision of funding solutions to improve the sustainability of businesses.
  • Develop and ensure that loan collection management is undertaken.
  • Develop loan security regime and due diligence framework for all products.
  • Develop loan monitoring framework and its implementation and ensure safeguarding of all security documents for the portfolio.

 

Development of policies, procedures, and systems for all funding products

  • Develop funding frameworks for the funding solutions and ensure compliance with the relevant legislation for all enterprise finance products.
  • Develop Standard Operating Procedures for all products.
  • Design and formulate governance and administrative systems required for the effective rendering of enterprise finance services.
  • Oversee the productivity activities of businesses which includes conducting feasibility studies, listing targeted markets, and setting business goals.

 

Portfolio Management and Aftercare

  • Oversee the loan portfolio monitoring and aftercare services on all approved financial products.
  • Oversee the provision of pre-investment business needs analysis, identify key support interventions and ensure implementation of those interventions post-investment by the organisation
  • Oversee the management of workouts / restructuring of funded businesses and monitor follow-up and recovery of funds disbursed.
  • Establish partnerships with institutions to increase access to financial services for enterprises and for the roll out of the enterprise finance programmes.
  • Oversee credit control, collections, and portfolio performance to ensure that financial services are provided and managed to optimise entrepreneurship and sustainable livelihoods.
  • Ensure provision of monthly reports and facilitate corrective measures if required.

 

Budget Management of Unit

  • Manage, control the capital and operational budget of the Unit to ensure effective and efficient functioning within budgetary constraints of the organisation.
  • Evaluate the unit’s performance against the approved budget and addressing deviations/variances.
  • Monitor, recommend and implement corrective measures to rectify deviations/acts contrary to budgetary provisions, financial regulations, audit requirements and departmental procedures.
  • Authorise requisitions, payments, etc. regarding expenditure as delegated.
  • Prepare and present reports detailing the status of expenditure and availability of funds for current and short-term interventions.
  • Prepare budget transfer requests and submit for approval.
  • Sound planning and forecasting of capital expenditure within area of responsibility.

 

People Management

  • Assign responsibilities and ensure effective task authorisation protocols are in place.
  • Implement staff development and training to achieve overall organisational objectives.
  • Develop and implement succession plans.
  • Adhere to employment equity and recruitment policies.
  • Manage the performance of direct and indirect reports in accordance with the organisation's performance management policy and procedure.
  • Identify training and development needs, implementing plans to address requirements, as appropriate.
  • Manage discipline and absenteeism in accordance with organizational codes and procedures.
  • Motivate staff through the implementation of various reward mechanisms."

Development of policies, procedures, and systems for all funding products

  • Develop funding frameworks for the funding solutions and ensure compliance with the relevant legislation, inclusive of the following categories:
  1. Short- and long-term loan products
  2. Risk capital
  3. Partnerships and resource mobilisation
  4. Micro lending"
  • Develop Standard Operating Procedures for all products.

 

Customer and Stakeholder Management

  • Conduct stakeholder mapping and relationship building sessions for purposes of establishing expectations and feedback on the organisation's regional performance.
  • Build and lead an effective team that works collaboratively with others toward achieving organisational goals.
  • Gauge the performance of various teams and recommend areas that need improvement and changes to achieve the expected targets.
  • Identify and facilitate staff development and training interventions to achieve overall organisational objectives.
  • Provide exemplary advice and support to the CEO, Board and Senior Management team in relation to stakeholder engagement issues and activities.
  • Arrange, attend, and contribute to meetings with key stakeholders and manage expectations.

  • Executive: Enterprise Finance and Business Support: 5 Year Fixed Term Contract

    3 weeks ago

    East London, Eastern Cape, South Africa Profile Personnel Full time

    To provide strategic leadership in the formulation, implementation, and management of enterprise finance products and loan services. To lead the development and execution of SMME business support strategy and plans.To spearhead township, small town, and rural entrepreneurship development programme.To direct the establishment of systems, platforms, and...

  • Executive: Enterprise Finance and Business Support: 5 Year Fixed Term Contract

    1 month ago

    East London, South Africa Profile Personnel Full time

    To provide strategic leadership in the formulation, implementation, and management of enterprise finance products and loan services. To lead the development and execution of SMME business support strategy and plans.To spearhead township, small town, and rural entrepreneurship development programme.To direct the establishment of systems, platforms, and...

  • Senior Finance Associate

    3 weeks ago

    East London, Eastern Cape, South Africa The Perfect Placements Full time

    Responsibilities include but not limited to:Manage up to 3 Finance Associates In charge of and manage KPIs: on time performance and overdue tasks of the team Responsible for all accounting tasks including: annual filings, balance sheet recons, etc. Ensure that data quality implemented by the Finance Associates is up to par Adhering to all SLAs with client...

  • Executive Manager: Corporate Services

    3 months ago

    East London, South Africa Elio Enterprise Full time

    Strategic leadership and management Planning, cascading and assisting with the alignment of team/unit strategy to overall ECGB objectives through understanding the priorities and goals of the line functions within his/her unit and working with relevant managers to cascade strategy to the operational level. This is achieved by contributing ideas, fresh...

  • Senior Finance Associate

    3 weeks ago

    East London, Eastern Cape, South Africa The Perfect Placements Full time

    Responsibilities include but not limited to:Manage up to 3 Finance Associates Working on building client relationships with the help of the Finance Manager Incharge of KPIs: on time performance and overdue tasks of the team Responsible for all accounting tasks including: annual filings, balance sheet recons, etc Ensuring data quality implemented by Finance...

  • Finance Clerk

    3 weeks ago

    East London, South Africa Work Africa Full time

    FINANCE CLERK / EAST LONDON - Our client is looking for an experienced Finance Clerk to perform a variety of administration duties as well as assisting the bookkeeper. Excellent organizational skills and accuracy are important qualifications for this position, as well as the ability to communicate clearly. **Minimum requirements;** Senior...

  • Finance Officer

    3 weeks ago

    East London, Eastern Cape, South Africa Morgan Hunt Uk Limited Full time

    Finance Officer Morgan Hunt is working with an East London based College in search of a temporary Finance officer to take on a busy Accounts Payable position. This is a 3-month, full time contract with a view of turning permanent. The role is office based and pays £14.31 holiday pay ( total of £16.04 an hour) Key Responsibilities of the Finance Officer:Day...

  • Finance Clerk

    4 weeks ago

    East London, South Africa Work Africa Full time

    **FINANCE CLERK/EAST LONDON - Our client in the Automotive Industry is looking to fill the position of Finance Clerk dealing with Debtors and Creditors** **Qualifications and Experience** Senior Certificate Min. 3 experience in a Debtors function A problem solver who is target & deadline driven Highly proficient in MS Excel, (spreadsheets / formulas),...

  • Senior Manager

    6 days ago

    East London, South Africa Coega Development Corporation Full time

    The Senior Manager - Business Development: is accountable to the Executive Manager: Wild Coast SEZ of the Coega Development Corporation (CDC). - MANDATE - The Senior Manager - Business Development: is mandated by the Executive Manager: WCSEZ to take responsibility for the development and control of new business opportunities for the CDC as agreed and...

  • Finance Admin. Clerk

    3 weeks ago

    East London, South Africa Work Africa Full time

    **FINANCE CLERK/EAST LONDON - Our client in the Automotive Industry is looking to fill the position of Finance Clerk dealing with Debtors and Creditors** **Qualifications and Experience** Senior Certificate Min. 2 years experience in a Debtors function A problem solver who is target & deadline driven Highly proficient in MS Excel, (spreadsheets /...

  • Senior Territory Manager

    3 weeks ago

    East Rand, South Africa Unique Personnel Full time

    **Job Number** - 70754 **Job Type** - Permanent **Job Title** - Senior Territory Manager **Computer Skills** - Ms Office **Industry** - Agriculture **City** - Ekurhuleni (East Rand) **Province** - Gauteng **Duties** - Promotes sale of products and services to channel partners and end users and is ultimately accountable for meeting sales goals and...

  • Senior Asset Controller: Finance Department-ref

    3 weeks ago

    East London, Eastern Cape, South Africa University of Fort Hare Full time

    Eastern Cape, East LondonThe University of Fort Hare is a vibrant, equitable and sustainable African university, committed to teaching and research excellence at the service of its students, scholars and the wider community.The main purpose of this position is to ensure proper disclosure of Assets on University Annual Financial Statements in accordance to...

  • Senior Manager

    3 weeks ago

    East London, Eastern Cape, South Africa Coega Development Corporation Full time

    The Senior Manager - Business Development: is accountable to the Executive Manager: Wild Coast SEZ of the Coega Development Corporation (CDC). MANDATE The Senior Manager Business Development: is mandated by theExecutive Manager: WCSEZ to take responsibility for the development and control of new business opportunities for the CDC as agreed and assistance...

  • Senior Legal Advisor

    1 week ago

    East London, South Africa Staff Unlimited Recruitment Full time

    Our client is seeking a **Senior Legal Advisor (Perfection of Security, Legal Recoveries, Loans and Economic Development Fund)** to join their team, based in East London for a 5-Year contract. Successful candidate will be (a) providing legal services relating to drafting, custody and perfection of securities for loans, and providing legal support for...

  • Junior IT Administrator

    2 weeks ago

    East London, South Africa Staff Solutions Full time

    Opportunity Available!! Our leading client in the Finance Sector is looking to employ a Junior IT Administrator to join their team in East London. **Job Requirements**: - Senior Certificate - Valid driver’s license - Own transport - Relevant IT Qualifications: A+; N+; Security+; MCSA \MCSE Experience \ knowledge - Support on Operating systems: Windows 7...

  • Senior Legal Advisor

    3 weeks ago

    East London, Eastern Cape, South Africa Staff Unlimited Recruitment Full time

    Our client is seeking a Senior Legal Advisor (Perfection of Security, Legal Recoveries, Loans and Economic Development Fund) to join their team, based in East London for a 5-Year contract. Successful candidate will be (a) providing legal services relating to drafting, custody and perfection of securities for loans, and providing legal support for collection...

  • Site Finance Analyst

    3 weeks ago

    East London, Eastern Cape, South Africa Kenvue Full time

    Site Finance Analyst-00001IL4DescriptionJohnson & Johnson New Planned Consumer Health Company, based in Skillman, N.J., is one of the world's largest consumer health and personal care products company. Our consumer companies produce many of the world's most trusted brands, among them JOHNSON'S Baby, BAND-AID, NEUTROGENA, TYLENOL, MOTRIN, and LISTERINE. Each...

  • Junior Grower

    3 weeks ago

    East London, Eastern Cape, South Africa Farm Manager SA Full time

    East London Area - Eastern Cape: Our client is looking for a Junior Grower to join the team.The Junior Grower will be responsible for the monitoring and documentation of plant growth, scouting for disease and completion of all tasks as required by the Senior Grower.MINIMUM REQUIREMENTS Matric Horticultural Degree 02 years in an assistant grower role...

  • Finance Clerk

    4 weeks ago

    East London, South Africa Abantu Staffing Solutions Full time

    **Overview**: The Finance Clerk is responsible for keeping financial records updated, process business transactions, such as supplier invoices, disbursements, expense vouchers and receipts. Performs a range of general clerical, accounting and bookkeeping support functions. **Minimum Requirements**: - Grade 12 - Diploma / Degree with Financial Accounting as...

  • Finance Officer

    5 days ago

    East London, South Africa Clariter South Africa Full time

    About the Position Currently, the Finance Department at Industrial Scale Plant (ISP) in East London, South Africa has a vacancy for a suitably qualified and motivated finance professional. Therefore, we are looking for a seasoned Finance Officer to join our growing Finance team. As a valuable member of our team, your primary focus shall be the execution of...