COMMERCIAL MANAGER - Port Elizabeth
Coega Development Corporation
The Commercial Manager is accountable through the Unit Head: Commercialisation to the Executive Manager: Operations, of the Coega Development Corporation (Pty) Ltd MANDATE DUTIES & RESPONSIBILITY Duties and Responsibilities include: developing and analysing various business and financial models, to optimise the commercial and revenue benefits for the CDC; conducting the necessary due diligence, risk assessment and commercial viability of the various projects, investments, commercial leases including such other CDC ancillary services; formulating and presenting the commercial terms and proposals to CDC’s businesses and investors; facilitating the commercial and contractual negotiations with CDC Stakeholders and investors, factoring the financial, tax, technical, legal and environmental imperatives; liaising with various functions across the CDC, including any other relevant stakeholder(s), in respect of transaction structuring, leasing and infrastructure project implementation; formulating the business cases and commercial justification for investments and presenting to various CDC committees and corporate structures (i.e.: Project, Risk and Finance Committees including EXMA) for approval; developing the relevant transaction documents (i.e.: Due-Diligence Reports, Financial Models, Term Sheets, Finance Agreements, Securities, Lease Agreements, Governance Documents and any transaction documents related thereto); providing commercial and transaction advisory support, including the timeous conclusion of all CDC commercial transactions; providing post investment commercial support and identifying avenues for CDC revenue optimisation; and conducting the necessary property market research in respect of the latest industry development and performance. DESCRIPTION QUALIFICATIONS & EXPERIENCE B-Com or Honours Degree in Finance, Economics or Actuarial Science, or equivalent; MBA is advantageous; 8-10 years’ experience in financial modelling and commercial transaction; Experience in project finance, data analysis and property commercialisation; Experience in contract negotiation and commercial transaction structuring; Strong communication and negotiation skills, including the ability to work with cross-functional teams. Additionally ensure that: During your period of employment and subsequent thereto, you shall keep confidential and shall not make use of, directly or indirectly, and shall not disclose any of the CDC’s trade secrets or confidential information or those of its subsidiary or associate companies or those of other persons who have made disclosures to the CDC under conditions of confidentiality, other than to persons authorised by the CDC or those employed by the CDC who are required to know such secrets or to have such information for the purpose of their employment with the CDC. You shall not, without the written permission of the CEO, be directly or indirectly employed for gain in any business or pursuit other than that of the CDC. Such permission will be granted only if the CEO is satisfied that the activity is not in conflict with the CDC’s interests, and that the Employee’s ability to fulfil his/her duties to the CEO satisfaction will not be impaired. It is conditional that you and/or no immediate relative or member of my household be employed by an organisation in direct competition with the CDC, without the CDC’s written approval. The CDC reserves the right to enquire as to the place of employment of my spouse or any member of my household. You will abide by the CDC Code of Conduct and Ethics Policy which seeks to codify the expected ethical behavior from me, to meet the ideal of good corporate governance. EXPECTED OUTCOMES Commercial Manager: supports the Commercial Unit ; negotiates and concludes CDC commercial transactions; formulates commercial documentation and related agreements; and provides the commercial and transaction advisory support. Closing Date: 09 April 2024 CDC is an employment equity employer and placement will be in accordance with our Employment Equity Plan. The appointment of candidates is subject to the verification of all their credentials (employment history, educational, financial, criminal and any other checks as may be necessary). Please note that only shortlisted candidates will be contacted, and if you have not heard from us within one month of submitting your application, please consider it unsuccessful. All applications must be forwarded to recruitmentcoega.co.za LOCATION: Gqeberha - Head Office EMPLOYMENT TYPE: PERMANENT GRADE: D1
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