Background

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

Supports Senior Treasury and Equity Officer to review and analyse financial statements, prepare pitch materials as well as market and economic updates, conduct valuations and deal structuring for Mergers & Acquisitions, debt and equity capital markets transactions.

KEY RESULT AREAS AND PRINCIPAL ACCOUNTABILITIES

KEY RESULT AREAS

PRINCIPAL ACCOUNTABILITIES (MAIN DUTIES)

Departmental Planning and budgeting

Participates in the preparation of and development of the departmental workplan and budget.

Financial Analysis

Analyse financial statements

Perform company valuations using various valuation methods.

Develop and maintain financial models for forecasting and decision-making.

Analyse investment opportunities (Investment Appraisals) and make recommendations.

Debt and Equity Capital Raise

Implement strategies for raising debt and equity capital.

Identify optimal debt and equity structures.

Conduct research to identify potential lenders/investors and favourable terms.

Prepare comprehensive debt financing proposal and investment proposals/business cases.

Develop presentations and documentation for potential lenders and investors.

Coordinate due diligence processes, providing necessary financial information and documentation.

Assists in providing input for preparation of IPO prospectus and Book Build.

Propose strategies for Deal Structuring in M&A transactions.

Assists in the preparation of Information/Issue Memoranda for bond issuances and private placements.

Maintain relationships with potential and existing investors/lenders.

Treasury Management

Reviews company cashflow position and prepares recommendations for prudent cash management.

Ensure compliance of the IDC Group of companies to the Group Treasury Management Policy.

Review Group Treasury Management Policy reports and develop recommendations for improvement in subsidiary cash and debt management.

Monitor and manage daily cash flow to ensure sufficient liquidity for operational needs and optimize surplus funds.

Prepare cash flow forecasts and implement strategies for maintaining appropriate liquidity levels.

Prepare regular treasury reports, including cash positions, liquidity forecasts, and risk management summaries.

Support in managing the company’s debt portfolio, including loan agreements, and monitor interest rate exposures.

Facilitate Forex and Financial Security trades

Increased Efficiency

Drafts memos or professional letters for review by supervisor

Ensure completion of department or project deliverables to agreed quality/standards

Identify financing mechanisms and developing various frameworks and strategies to implement Treasury Capital structure objectives as assigned.

Enhanced Entity Risk Management

List identified risks and proposals for mitigations for submission to department risk champion

Enhanced Employee engagement and performance

Timely submission of completed performance contract to supervisor.

Suggest and propose initiatives to support corporate values suggested to supervisor.

Ensure submission of completed Performance Appraisal form to supervisor.

Periodically submits required reports relating to mentorship and training/coaching programmes to the department in charge of Human Capital.

Furtherance of Company’s Interests

Exercise the powers and duties generally exercised by Treasury and Equity Officer in the furtherance of the interests of the company as may be authorised and or delegated by the Supervisor.

Health and Safety

Take reasonable care for own health and safety as well as that of other employees, clients, and others as may be required from time to time.

Meetings

Attend staff/departmental meetings.

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 Accountancy, Banking and Finance, Business Administration, Commerce, 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 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.

• Participates in the preparation of and development of the departmental workplan and budget.
• Analyse financial statements
• Perform company valuations using various valuation methods.
• Develop and maintain financial models for forecasting and decision-making.
• Analyse investment opportunities (Investment Appraisals) and make recommendations.
• Implement strategies for raising debt and equity capital.
• Identify optimal debt and equity structures.
• Conduct research to identify potential lenders/investors and favourable terms.
• Prepare comprehensive debt financing proposal and investment proposals/business cases.
• Develop presentations and documentation for potential lenders and investors.
• Coordinate due diligence processes, providing necessary financial information and documentation.
• Assists in providing input for preparation of IPO prospectus and Book Build.
• Propose strategies for Deal Structuring in M&A transactions.
• Assists in the preparation of Information/Issue Memoranda for bond issuances and private placements.
• Maintain relationships with potential and existing investors/lenders.
• Reviews company cashflow position and prepares recommendations for prudent cash management.
• Ensure compliance of the IDC Group of companies to the Group Treasury Management Policy.
• Review Group Treasury Management Policy reports and develop recommendations for improvement in subsidiary cash and debt management.
• Monitor and manage daily cash flow to ensure sufficient liquidity for operational needs and optimize surplus funds.
• Prepare cash flow forecasts and implement strategies for maintaining appropriate liquidity levels.
• Prepare regular treasury reports, including cash positions, liquidity forecasts, and risk management summaries.
• Support in managing the company’s debt portfolio, including loan agreements, and monitor interest rate exposures.
• Facilitate Forex and Financial Security trades
• Drafts memos or professional letters for review by supervisor
• Ensure completion of department or project deliverables to agreed quality/standards
• Identify financing mechanisms and developing various frameworks and strategies to implement Treasury Capital structure objectives as assigned.
• List identified risks and proposals for mitigations for submission to department risk champion
• Timely submission of completed performance contract to supervisor.
• Suggest and propose initiatives to support corporate values suggested to supervisor.
• Ensure submission of completed Performance Appraisal form to supervisor.
• Periodically submits required reports relating to mentorship and training/coaching programmes to the department in charge of Human Capital.
• Exercise the powers and duties generally exercised by Treasury and Equity Officer in the furtherance of the interests of the company as may be authorised and or delegated by the Supervisor.
• Take reasonable care for own health and safety as well as that of other employees, clients, and others as may be required from time to time.
• Attend staff/departmental meetings.
• Perform any other job-related duties as assigned.

• 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 Accountancy, Banking and Finance, Business Administration, Commerce, and/or equivalent Professional Qualification in relevant field from reputable institution.
• Relevant Professional Membership