Website Industrial Development Corporation of South Africa Limited (IDC)
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War.
Qualification and Experience
- CA(SA) or CFA or B Eng, BSc Engineering (fields Electrical / Electronics / Chemical / Mechanical / Civil / Mechatronics / Mining / Industrial)
- MBA or MBL or post grad commercial qualification will be an added advantage.
- Minimum: 3 – 5 years’ work experience related to the field of specialised qualification.
- Willingness to travel (Driver’s licence will be an added advantage)
Roles and Responsibilities
- Completing the prescribed training programme and clearing disciplines in the required time frame of 36 months.
- Initial screening of enquiries pertaining to funding application of both new and existing clients.
- Conducting initial basic assessments of applications for finance i.e. conducting due diligence investigations for investment decision purposes, with specific reference to the marketing, technical and financial aspects of funding applications.
- Preparation of financial projections as one of the outcomes of the due diligence.
- Preparation and presentation of reports to investments committees for an investment decision.
- Building and maintaining good relationships with clients.
- Performing all administrative duties associated with the role.
