Manager: Economic Development Coordination and Sector Support
4 weeks ago
The incumbent will be responsible for leading economic development coordination and sector support at a regional office level. The role entails activities relating to:
- identification of economic development opportunities.
- undertaking of/or facilitation of project/programme feasibility assessments.
- designing and structuring of economic development interventions.
- identification and empowerment of beneficiary participants and stakeholders.
- development of appropriate project/programme funding model,
- facilitation of funding including resource mobilisation.
- leveraging of third party and partner resource contribution.
- directing and monitoring of the implementation of regionally designated economic development programmes/projects.
- representing the company in relevant economic development and sector support forums including District Development Model based structures/forums; and
- management of stakeholders and partners relating to the economic development space.
The economic development function involves activation and support of high potential industry value chains clusters and sectors.
KEY DUTIES AND RESPONSIBILITIES
The Key Performance Areas will encompass:
Strategic Planning and Governance
- Provide input to the organisational strategy, as well as reviewing organisational activities and recommend 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 systems, processes, procedures, tools, and control systems.
- Implement controls within the section which minimize potential risk to stakeholders.
- Ensure monthly, quarterly, and annual reports are prepared accurately, maintained, and submitted timeously to all stakeholders.
- Participate in management forums within company, contributing expertise to enable sound decision making.
- Facilitate inter-departmental communication through appropriate structures and systems.
- Manage preparation and support of all internal and external audits.
- Develop and manage relationships with all internal and external stakeholders.
Economic Development Coordination for Eastern Cape
- Develop Project Concept documents, and present proposed projects for approval by Executives / EXMA / Board.
- Enhance and implement treasury systems, processes, procedures, tools, and control systems.
- Manage and co-ordinate economic development projects for the EC Province and conduct viability assessment studies on each project.
- Strengthen relations with relevant stakeholders for the implementation of the identified projects, and secure contracts/SLAs.
- Manage and coordinate Project Steering Committees (PSCs) for the provision of oversight and information-sharing sessions.
Facilitation and Leveraging of development opportunities
- Identify catalytic economic development projects and conduct preliminary viability assessments.
- Develop a viable project pipeline for the regions to create an atmosphere of development and an enhanced production.
- Facilitate and leverage economic development opportunities that are linked to mega/catalytic developments.
- Present project funding proposals to Project Committee for approvals.
- Mobilise for resources, develop and submit funding proposals to various entities to ensure project success.
Economic Sector Support
- Establish strategic relationships with National, Provincial and Local Government.
- Identify opportunities for procurement from the Government Departments and municipalities for strategic sourcing.
- Develop a SMME database in line with Government strategic sourcing priorities.
- Determine support requirements for SMME's i.e. funding, non-financial and capacity requirements (factors of production).
- Facilitate access to market for SMME products as well as linkages with government and municipalities.
Budget Management of Unit
- Manage and control the capital and operational budget of the Unit to ensure effective and efficient functioning within budgetary constraints.
- 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, and prepare budget transfer requests and submit for approval.
- Prepare and present reports detailing the status of expenditure and availability of funds for current and short-term interventions.
- Sound planning and forecasting of capital expenditure within area of responsibility.
Customer and Stakeholder Management
- Conduct stakeholder mapping and relationship building sessions for purposes of establishing expectations and feedback on company regional performance.
- Manage internal / external stakeholder engagements to inform economic development planning and project implementation approaches and manage expectations.
- Gauge the performance of projects and recommend areas that need improvement and changes to achieve the expected outcomes.
- Prepare and report on performance against targets, explain variances and propose corrective measures.
- Present Economic Development Plans to Stakeholders to encourage inclusivity and invite progressive inputs for the benefit of all.
- Communicate sub-unit operational plans and strategy to relevant stakeholders.
MINIMUM REQUIREMENTS
- Bachelor's degree in commerce or development Studies
- Minimum 8 years' work experience in economic or development management environment of which 5 years should be at management, supervisory or consultancy level.
Please forward CV and ALL supporting documentation to, caree-lee@profilepersonnel.co.za. Should you not hear from Profile Personnel within 14 days please consider your application unsuccessful for the vacancy. Please note all applications will automatically be added to our database for future vacancies.
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