Offered Salary Market Related
Qualifications Bachelor Degree
Industry Research, science & technology
Reference Reference # TIA/02/08/2021
Centre Pretoria, Gauteng, South Africa
Where to submit application
Job Functions Biotechnology Industries Science & Technology Specification Job Purpose: To support the business unit in assisting impactful technology innovations to be taken up in the market, in line with the divisions strategy. Duties/Outputs: Financial Perform commercial due diligence on applications selected for funding assessment Assist the business unit to develop divisional budgets and forecasts for EXCO and Board approval Monitor and track financial performance against budget (operations and projects) Manage and monitor the timeous disbursement of funding to ensure optimal operation of technology and innovation projects New funding opportunities are identified, and additional income was raised from third party investors Assist in managing investments at TRL 7 and higher. Assist investees in developing commercialization plans and securing funding. Managing exits of mature TIA investments at TRL7 and higher Conduct market analysis in support of business units portfolio management. Manage repayment obligations that projects have to TIA (Equity and royalties, investments and loans Monitor the usage of disbursed funds on monthly basis Analyse the Annual Financial Statements of beneficiaries Stakeholder Relations Plan Provide input into the formulation of a Stakeholder relationship strategy specific to the business unit In collaboration with the Marketing and Communications unit, ensure credible success stories are published An effective eco-system is built around the portfolio including key stakeholder relations Participate in events, meetings, workshops and conferences by giving input, avail skill, competency and expertise. Participation should result in positive input, impact and giving direction in the NSI Initiate and participate in thought leadership activities Internal Processes Adherence to all relevant policies and frameworks is maintained Compliance to all TIA systems (fund management, performance management, human resources, finance, stakeholder information, etc.) is maintained All portfolio audit matters are resolved Agreed turnaround times on key business processes are achieved Project information is accurately and completely recorded on the fund management system Ensure timeous and accurate reporting as per requirements Assist applicants with building a fundable opportunity and to assess Investment opportunities Provides support and assistance to projects to achieve their milestones Pro-active identification of project risks and portfolio opportunities, together with project teams Perform due diligence with a focus on financial as well as the technical aspects of TIA projects and programs All aspects of the project life cycle from sourcing to exit are efficiently managed Facilitate Commercialisation of TIA projects/investments Build a pipeline of investment opportunities for the business unit Perform client-centric and value adding project management of TIA projects/investments Governance and Compliance Ensure compliance with Legislation, e.g. PFMA and National Treasury Guidelines; Ensure compliance to all relevant accounting Standards, Policies and Frameworks; and Ensure Compliance with TIA Standard Operating Procedures Proactively identify continual improvement strategies Monitor quality and performance initiatives ensuring that they are aligned to the business process and delivered as agreed. Requirements Qualifications and Experience: A 4-year degree, in Finance /Commerce /Accounting or Science/Engineering degree plus financial related qualification Preference Masters degree Preferred: 3 years technology innovation experience plus 2 years experience in a commercial or portfolio management context, and The knowledge of PFMA.