Investments Principal

The key purpose of the job is to support GM: Corporate Finance in the quality checking pre and post due diligence to ensure

that the transactions are packaged according to the objectives and requirements of Transnet.

The Principal must oversee Transaction Advisors appointed on transaction, oversee calculations of WACC and Hurdle Rates.

The principal must also supervise the learning and development of the trainees allocated to the division.Position Outputs

• Review; provide guidance and sign off work done by the team or transaction advisors in assessing investment opportunities, including financial models and reasonability of assumptions used.
• Identify financial and funding risks for investments/projects and recommend mitigations for these risks to contribute positively to financial sustainability of Transnet.
• Develop and maintain strategic relationships with financial institutions, corporate finance advisors and other intermediaries for optimal execution of projects/investments.
• Assess the impact of investments on the financial statements of Transnet, i.e. contribution to revenue; cash flow and balance sheet.
• Act independently in all spheres of project management (be able to mobilize internal and external resources), act as an expert in deal structuring and negotiations, and be able to assess impact of investment decisions in the financial sustainability of Transnet.
• Manage and influence internal decision making and transaction processes to obtain investment approval. Acknowledged as a very experienced deal maker/ transactor both within and outside of the Transnet.
• Utilize expert knowledge (financial market, macro-economic environment sector; BBB-EE policies and other Government policies) as to support, lead team in identifying and suggesting/recommending appropriate mitigation measures on key risk issues.
• Conduct comprehensive due diligence investigations on approved transactions by providing input on scoping and partaking in due diligence exercises for large and complex transactions with minimal support.
• Develop, negotiate and recommend to governance structures innovative/optimum/appropriate finance and legal structures for each investment deal ensuring long term sustainability/viability of the project to the benefit of Transnet.
• Provide input to legal department on commercial terms to be included in legal documents and review the legal documents to ensure proper implementation of the commercial and financial objectives.
• Oversees and manage the financial aspect of the investment project cycle, including review of reports to governance structures and implementation of projects timely to avoid financial risks to Transnet.
• Monitors performance of the investments done with the support of Corporate Finance and recommend improvements where the investment is not performing according to initial plan
• Contribute to the development and continuous review of governance documents including policies and perform ad-hoc activities as and when required.
  
  

Qualifications and Experience

• BCom Degree, CA or CFA is required;
• At least 12 years’ experience of which 4 years must be in complex deal making.
• A generalist in area in corporate finance with some experience in private equity;
• Requirement of Trust and Honesty in the handling of Finances as per the National Credit Act Amendment 19.Competencies
• Finance and Accounting Management
• Management decision making and control
• Strategy, risk management and governance
• Finance risk management policies and procedures
• Strategy & Sustainability
• Inspirational Leadership
• Business Performance & Delivery
• Relationship Management
• Corporate Governance & Compliance
• Personal Mastery.Equity StatementPreference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division.