Subsidiary Senior Project Manager

Job Detail Job ID 173461 Qualifications Bachelor Degree Industry Constitutional & legal affairs Centre Sandown Office - Sandown, GP ZA (Primary) Where to submit application https://idc.hua.hrsmart.com/hr/ats/Posting/view/1973 Job Description Job Description JOB PURPOSE To Lead and Manage the successful implementation of the turnaround Plans and initiatives within the Clothing, Textiles, Footwear and Leather “CTFL” sector and provide ongoing support to subsidiaries and IDC management to effect the turnaround. Reporting Relationship The Subsidiary Senior Project Manager will report to the Head:Textiles and Wood Products. MAIN DUTIES AND RESPONSIBILITIES • Be the main interface with the subsidiary management and Board to execute the IDC requirements. • Set up KPIs to monitor turnaround progress on a monthly, quarterly and annual basis alongside subsidiary management and the Boards. • Attend monthly management meetings to monitor the KPIs and performance and provide insight. • Play the role as a thought partner to the subsidiaries with regard to the turnaround initiatives in the form of technical or financial support. • Based on the individual subsidiary need, Ability to work side by side with external consultants, advisors on implementing the subsidiary turnarounds. • Feedback monthly performance to IDC management and key next steps to improve/correct lagging KPI’s. • Prepare any internal IDC submissions to relevant committees or panels. • Participate in any subsidiary based DD alongside deal team. • Engage with CSG to ensure that all post investment activity and reporting is completed. • Lead the opportunities for onboarding Strategic Equity Partners where required • Take the lead/support team lead on exit discussions where IDC has provided the necessary mandate. • Ensure that all governance aspects are adhered to in the subsidiaries through collaboration with IDC corporate secretariate department. Job Requirements QUALIFICATION REQUIREMENTS • CA(SA) • Bcom/BEng with post graduate degree: MBA / MBL KNOWLEDGE AND EXPERIENCE REQUIREMENTS • The individual should be strong on consulting various stakeholders, Corporate / Project finance, project management, turnaround implementation. • At least 8-10 years’ experience engaging with senior management including Executives and Board • Experience in a Turnaround and Restructuring environment – businesses experiencing distress would be advantageous • Previous experience in the CTFL sector would be advantageous. • Experience in manufacturing and sales driven organisations would be preferable. • Knowledge of business and the diversity of risks that may affect businesses. • Good understanding of different types of security • Good knowledge of Industry standards, technology trends and best practices TECHNICAL COMPETENCIES • Business Turnaround & Rescue • Financial modelling and valuations • Analytical/Diagnostic Skills • Business/Commercial Acumen • Problem Solving/Solution Generation • Client Insights & Focus •