Senior Specialist: Turnaround - Sandton, South Africa - Kamo Placement

Kamo Placement

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Gauteng, Sandton

Annually Cost To Company (Market related, Negotiable)

To provide advice to clients, depicting early warning signs of distress that assists in curbing further distress; and craft and monitor implementation of turnaround solutions for distressed clients.

JOB DESCRIPTION

Plan and execute the Turnaround and Restructuring of company clients experiencing distress
Carry out Business Reviews to ascertain whether clients have the potential of becoming operationally and financially viable;
Determine the optimum Turnaround solutions that will improve the company's viability,
Determine the optimum Financial Restructuring intervention that company can implement to support the Turnaround strategy e.g. restructuring of company repayment terms, conversion of company debt to equity, injection by company of additional funds, finding third parties to inject additional funds, etc.
Safeguard company's Security position through maintaining and/or improving the recoverability of company's exposure,
Draft and present submission reports to various decision making committees,
Review drafted legal agreements to ensure they capture the company credit committee approval,
Closely monitor the implementation of the Turnaround strategy through attending Steerco/ Manco; Interaction with key stakeholders; regular client visits; etc.
Regularly update the Business Advisory & Turnaround monitoring platform (SAP) iro tracking progress against process and status update notes;
Provide support to sector SBUs/PIMD in respect of their clients who are showing signs of potential financial failure
Attend and contribute to the monthly Business Advisory & Turnaround Portfolio Management meetings
Provide efficient service to both internal and external stakeholders/clients

JOB REQUIREMENTS