Loans Manager - Sandton, South Africa - IDC

IDC

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Synopsis

A permanent position exists within the Financial Management Department for a Loans Manager at our Head Office in Sandton, reporting to the Head of the Financial Management Department.

The Loans Manager manages the team that is responsible for the on-boarding processes of all IDC and Partnership Programs funding transactions for various financial products (e.g. loans, equity, grants, guarantees, etc.) and manages the full administration lifecycle of those transactions, within IDC's policies and processes, while mitigating associated operational risks. The Loans Manager will help mentor and manage the team to deliver best
- in
- class administration and transaction management to the various functions within IDC and the Partnership Programs teams.

Qualification and Experience QUALIFICATIONS**Appropriate post-graduate accounting qualification and Completed articles, CA(SA) or CIMA.

KNOWLEDGE & EXPERIENCE

A minimum of 10 years' relevant work experience (Accounting/debtors/Loan receivables).
A sound knowledge of IDC processes would be an added advantage.
SAP system experience preferably in Loans Management CML Module.
Microsoft suite
5+ year experience in managing a team

Roles and Responsibilities

Accurate maintenance of master data captured on SAP and overall data integrity related to the Loans team functions
Service delivery management and service improvement
Routine daytoday planning for loans section
Banking system administrator duties and checking and releasing of all payments, per schedule
Checking and authorising manual entries
Authorising and posting journals
Authorisation of settlement figures
Management of deferrals and restructurings of client accounts
Management of debit order collections
Assistance with information on legal and collection matters
Addressing internal and external client queries
Driving and executing month end close process by incorporating appropriate internal control procedures
Executing yearend procedures for inclusion in annual report, including various reporting requests from the FM reporting accountants.
Consulting on transactions as required by business on an ad hoc basis
Attending to Internal and External Auditor engagements and findings
Responsible for carrying out tender procedures on an adhoc basis
Management of Foreign Loans functions where relevant
Numerous routine and adhoc support functions