SENIOR MANAGER - INVESTMENT PROMOTION (EAST LONDON)
5 YEAR FIXED TERM CONTRACT - GRADE 18- (Total Cost to Company)
The incumbent will be responsible for championing investment promotion and investment pipeline tracking and monitoring for the Eastern Cape province. The role entails driving and facilitating investments and projects within manufacturing, automotive, agro-industry, energy, ocean economy, tourism, digital economy, and related investment value chains; spearheading investment risk assessments for converting sector(s) opportunities into bankable investment projects; and facilitating collaboration with other stakeholders to attract investment in support of the ECDC mandate. The incumbent will also be expected to drive investment facilitation and project management services over the project life cycle, industry facilitation services in support of the designated sector projects; link identified industry value chain opportunities with prospective investors and develop viable investment promotion interventions; oversee the preparation, development, maintenance of sector performance reporting tools; drive the design and development of monitoring and measurement plans to track qualitative and quantitative economic indicators from projects within the designated sectors as well as reporting on the investment pipeline; build collaborative partnerships towards realisation of sector value chain opportunities aligned with the national and provincial investment strategies; represent the ECDC at relevant industry and provincial sector platforms. Furthermore, the role will entail working with provincial, national and global players in profiling and attracting investment to the Eastern Cape as well as driving the initiatives of the Provincial Investment Council.
KEY DUTIES AND RESPONSIBILITIES
The Key Performance Areas will encompass:
Strategic Planning and Governance
Provide input to the organisational strategy, as well as reviewing organisational activities and recommend corrective actions where necessary.
Develop unit operational plans and align all activities undertaken in the unit to ensure delivery of corporate objectives.
Enhance and implement treasury regulation systems, processes, procedures, tools, and control systems.
Ensure monthly, quarterly, and annual reports are prepared accurately, maintained, and submitted timeously to all stakeholders.
Implement controls within the section which minimize potential risk to stakeholders.
Manage preparation and support of all internal and external audits.
Participate in management forums within ECDC, contributing expertise to enable sound decision making.
Facilitate departmental communication through appropriate structures and systems.
Develop and manage relationships with all internal and external stakeholders.
Develop and maintain an up-to date pipeline of strategic investment projects for the Eastern Cape Province.
Develop of professionally published profiles for promotion locally and globally.
Promote the Eastern Cape as an attractive investment destination and provide support to new investment initiatives.
Provide advice to investors on investment opportunities in the province as well as facilitate investment.
Develop proposals on innovative strategies for investment attraction and retention.
Organise and undertake foreign investment missions.
Facilitate advertisement of investment opportunities in media platforms trade publications and journals.
Participate and represent the ECDC in key industry events.
Facilitate collaboration on provincial investment and branding initiatives.
Host foreign and local incoming investors.
Conduct workshops on Ease of Doing Business in the EC.
Facilitate partnerships between established and emerging investors.
Collaborate on One Stop Shop / InvestSA investment related initiatives.
Identify investment opportunities and develop a business case.
Conduct research to formulate sound value propositions and inform decision making.
Conduct research & package information for investors.
Provide input on National and Provincial policies and legislation.
Lobby for policies conducive to investment promotion and economic development.
Present research outputs of various platforms / forums.
Facilitate technical evaluations and assessment, financial viability evaluation and funding mechanisms options analysis for investment projects.
Provincial Investment Council Coordination
Lead the secretariat activities for the Eastern Cape Provincial Investment Council.
Write and distribute project reports.
Initiate publication of success stories.
Initiate publication of project specific brochures.
Financial management of initiatives.
Conduct stakeholder mapping and relationship building sessions for purposes of establishing expectations and feedback on ECDC performance.
Liaise and build partnerships with business chambers, IDZ's, DTIC and other relevant stakeholders to facilitate investment promotion.
Build and lead an effective team that works collaboratively with others toward achieving organisational goals.
Provide advice and support to the CEO, Board and Senior Management team in relation to stakeholder engagement issues and activities.
Arrange, attend, and contribute to meetings with key stakeholders and manage expectations.
Budget Management of Unit
Manage, control the capital and operational budget of the Unit to ensure effective and efficient functioning within budgetary constraints of ECDC.
Evaluate the unit’s performance against the approved budget and addressing deviations/variances.
Monitor, recommend and implement corrective measures to rectify deviations/acts contrary to budgetary provisions, financial regulations, audit requirements and departmental procedures.
Authorise requisitions, payments, etc. regarding expenditure as delegated.
Prepare and present reports detailing the status of expenditure and availability of funds for current and short-term interventions.
Prepare budget transfer requests and submit for approval.
Sound planning and forecasting of capital expenditure within area of responsibility.
Drive functional area financial and supply chain management administration and risk management.
Assign responsibilities and ensure effective task authorisation protocols are in place.
Implement staff development and training to achieve overall organisational objectives.
Develop and implement succession plans.
Adhere to employment equity and recruitment policies.
Manage the performance of direct and indirect reports in accordance with the ECDC performance management policy and procedure.
Identify training and development needs, implementing plans to address requirements, as appropriate.
Manage discipline and absenteeism in accordance with organizational codes and procedures.
Motivate staff through the implementation of various reward mechanisms.
Gauge the performance of various teams and recommend areas that need improvement and changes to achieve the expected targets.
Identify and facilitate staff development and training interventions to achieve overall organisational objectives.
A B Degree in Commerce as well as postgraduate qualification in a related field.
A minimum of 8 years working experience of which 5 years should be at middle management or senior consultant level within trade or investment management/facilitation environment.
This is a fixed term contract position, and the successful candidate will be subjected to signing of a performance contract and verification of qualification. If you have not been contacted within 8 weeks after the closing date of the advertisement, please regard your application as unsuccessful.
In making these appointments, ECDC reserves the right to apply the principles enshrined in the Employment Equity Act, its policies and plans.
Please send your detailed CV and certified copies of qualifications to
Tel. (043) 7045783
Closing date: 2 November 2023
About the Company
ECDC‘s mandate is to plan, finance, co-ordinate, market, promote and implement development of the Province and its people in the fields of industry, commerce, agriculture, transport and finance.
In pursuit of its mandate, the ECDC has the following strategic thrusts to align to the MTSF, NDP2030 and the Provincial Development Plan, guided by these Strategic Themes: (1) Economic transformation, inclusive growth and competitiveness (2) Customer focused solutions (3) Operational efficiency and financial sustainability (4) Pioneering innovation in the key growth sectors, (5) Attracting and retaining the best talent in the sector.