Background information about the job or company (e.g., role context, company overview)

The Industrial Development Corporation (IDC) Limited is a State-Owned Enterprise (SOE) charged with the mandate to spearhead the Zambian Government’s commercial investments agenda aimed at strengthening Zambia’s industrial base and job creation. The Corporation’s vision is to be Africa’s best performing Wealth Fund and Investment Partner of choice. Its Mission is to secure, manage and diversify Zambia’s wealth for current and future generations by making strategic investments that drive sustainable economic development. A need has arisen to fill the position of:

JOB PURPOSE

This position provides support in managing portfolio subsidiary companies, conducting financial analysis, and facilitating communication with Supervisor to ensure the successful execution of initiatives within the portfolio.

KEY RESULT AREAS AND PRINCIPAL ACCOUNTABILITIES

KEY RESULT AREAS

PRINCIPAL ACCOUNTABILITIES (MAIN DUTIES)

Performance Monitoring and Reporting

• Monitor subsidiary company performance against targets and KPIs in collaboration with Supervisor.
• Monitor subsidiary progress and provide regular updates to Supervisor.
• Assist in evaluating subsidiary company performance and developing proposals in collaboration with Supervisor.
• Prepare performance reports and updates.

Risk Assessment

• Help identify potential risks associated with the subsidiaries and develop basic strategies to mitigate them.
• Support the preparation of risk assessment reports and contingency plans.

Compliance Support

• Help prepare for and assist with internal and external audits.
• Ensure compliance with organizational policies and procedures.

Administrative Support

• Provide administrative support to the Portfolio team, including documentation and record-keeping.
• Assist in organizing meetings, workshops, and presentations related to portfolio management.
• Ensure timely completion of administrative tasks and responsibilities.

Any other Duties

• Perform any other job-related duties as assigned

ESSENTIAL/DESIRABLE QUALIFICATIONS/EXPERIENCE

Professional Qualification:

• Grade 12 School Certificate
• Bachelor’s Degree in Business Administration, Banking and Finance, Economics, and/or equivalent Professional Qualification in relevant field from reputable institution.
• Relevant Professional Membership

Minimum Relevant Work Experience:

• 2 years relevant work experience or similar position.

Skill Specifications:

• Excellent Supervisory skills
• Excellent problem solving and presentation skills.
• Excellent written and verbal communication skills
• Ability to work collaboratively with key internal and external stakeholders
• Data management and record keeping.
• Proficient in using computers

Other Attributes

• Professionalism
• Transparency
• Integrity
• Distinction
• Innovation
• Teamwork

WORKING CONDITIONS

• Office work environment.
• Use of computers and other office equipment.
• Concentration and analysis.
• Managing tight deadlines.
• Normal environmental conditions
• Occasional local and international travel.

• Monitor subsidiary company performance against targets and KPIs in collaboration with Supervisor.
• Monitor subsidiary progress and provide regular updates to Supervisor.
• Assist in evaluating subsidiary company performance and developing proposals in collaboration with Supervisor.
• Prepare performance reports and updates.
• Help identify potential risks associated with the subsidiaries and develop basic strategies to mitigate them.
• Support the preparation of risk assessment reports and contingency plans.
• Help prepare for and assist with internal and external audits.
• Ensure compliance with organizational policies and procedures.
• Provide administrative support to the Portfolio team, including documentation and record-keeping.
• Assist in organizing meetings, workshops, and presentations related to portfolio management.
• Ensure timely completion of administrative tasks and responsibilities.
• Perform any other job-related duties as assigned

• Excellent Supervisory skills
• Excellent problem solving and presentation skills.
• Excellent written and verbal communication skills
• Ability to work collaboratively with key internal and external stakeholders
• Data management and record keeping.
• Proficient in using computers

• Grade 12 School Certificate
• Bachelor’s Degree in Business Administration, Banking and Finance, Economics, and/or equivalent Professional Qualification in relevant field from reputable institution.
• Relevant Professional Membership