Head: Investment Office

Housing Development Agency's job vacancy, Career and Recruitment Job title : Head: Investment Office jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : July 19, 2024 Quick Recommended Links

Reference: HDAHIO003

Main Purpose: The Head of Investment Office of the Housing Development Agency (HDA) is responsible for Managing investment strategies and portfolios for the organisation. Directing, leading, and growing the strategic vision of the business through the investment creation and implementation of HDA asset management insights proposition, analysis and interpretation of qualitative and quantitative data. Providing a comprehensive suite of financing solutions for the development of sustainable human settlement projects leading the HDA to long term financial strength through viable investment financing models and partnerships. Building rapport with key influencers and decision makers at current and prospective clients is also very crucial for business success.

Key Performance Areas:

Strategic formulation and execution

• Formulate and develop processes for project implementation.
• Provide strategic vision and set direction for the Business Unit.
• Develop and deliver sustainable financial structures, models and solutions for the HDA through various products which include (amongst others) blended financing structures; Public Private Partnerships (PPP) structures, project finance, equity funding models.
• Develop the investment strategy and implementation roadmap with a focused suite of inward and outward driven view.
• Scope Fund raising activities to fund the HDA investments and operations to foster sustainable economic development, strengthen the HDA’s balance sheet and improve delivery of sustainable human settlement.
• Provide strategic support to the regional implementation of the primary mandate.

Portfolio and Property Management

• Oversee effective management and performance of the entire Land department of the HDA.
• Oversees the sourcing of identified land/buildings.
• Negotiates leases and acquisitions when required.
• Manages the effective negotiation of new lease agreements and renewal of existing leases in accordance with market related rates.
• Ensure effective rental collections and maintain low levels of non-performing asset.
• Ensure Project Packaging, Project Compliance and Project Readiness.

Funding and Risk Management

• Oversee the identification of project funders from the public and private sector for HDA programmes and projects.
• Develop and implement the HDA’s funding strategy to optimise borrowing costs at all times with the aim of providing tailor-made investment solutions.
• Develop investment proposals and support during preparation of terms and conditions of financing, discussions with potential investors, risk rating agencies, regulators, asset managers, pension funds etc.
• Ensure sound financial capital management through assuming responsibility for stewardship over the capital under management, as well as efficient utilisation of financial resources.
• Manage all risk aspects of the financing delivery function, in terms of ensuring appropriate structuring of investment risks and on-going mitigations of operations-related risks.
• Develop and implement Investment policies and strategies.
• Work in partnership with external counterparts to hedge credit, foreign exchange, interest rate and market risk in line with approved policies.

Financial Control

• Oversee the Development Finance sub-unit with strong focus on Capital Raising, Mobilising of funding, and funding modelling.
• Develop, manage, and implement the annual Investments and Development budget.
• Analyzing trends, operating requirements, and forward plans to establish/determine funding/expenditure for the period and or assessing the accuracy of project estimations/costing referring to specifications and/ or technical requirements.
• Monitoring and implementing corrective measures to rectify deviations contrary to financial regulations, audit requirements and departmental procedure.
• Prepare and manage the operational and capital budgets ensuring adherence to deadlines set by the Shareholder (NDHS).
• Overseeing the expenditure of the Business Unit in terms of the business plan and or the agreed budget.
• Ensuring compliance with Public Finance Management (PFMA) and all other relevant legislation.
• Integrate Finance Development in all provinces to ensure a reduction in the over reliance on MTOP’s and KPI’s.

Deal Appraisal and Execution

• Proactively manage investment projects that are taken to bankability through, amongst others, evaluation of the feasibility of investment opportunities with a view to ensuring that they are commercially sound prospects for financing. This must be performed
• in alignment with the agreed strategy and mandate, due diligence process and deal structuring.
• Oversee the execution of transactions and drive the approval process to facilitate the structure and negotiate the detailed terms of the deal / transaction in liaison with internal and external stakeholders to drive the approval of transactions through the various approval structures.

Strategic Relationships Management

• Establish Strategic Initiatives and manage Public and Private Partnerships.
• Develop and manage relationships with key stakeholders and decision makers (in government entities, development banks, private companies and commercial banks) to contribute to sustainable human settlement development.
• Strengthen Public Sector capabilities in the development of Public Private Partnerships (PPPs) and in financing of mixed-use development projects
• Collaborate with Corporate Support to communicate and showcase the HDA business offerings and focused strategies across all stakeholders.
• Identify the relevant stakeholders in relation to business requirements
• Drive investment promotion activities within the regions, through outward focused marketing and stakeholder management sessions.

Reporting:

• Analyze the business strategy to determine the applicable deliverables and targets.

People Management:

• Analyze the business strategy to determine the applicable deliverables and targets.
• Establish human resource requirements in line with expected deliverables.
• Create a conducive environment for performance.
• Manage Performance of the divisions.
• Lead people in accordance with policies, procedures, and legal requirements.
• Provide feedback to the relevant stakeholders.

Qualifications & Experience

• Post graduate degree in development finance or economics.
• Master’s degree will be an added advantage.
• 10-15 years demonstrable experience in project finance.
• Demonstrable understanding of the macroeconomic environment.
• Property sector exposure at management level (human settlements, affordable housing and financial sector environment exposure.
• Experience in private and public sector investment.
• Proven capability to engage with Board committees Government and Private sector stakeholders.
• Demonstrable experience with capital raising for projects

*Accounting / Financial Services jobs in south africa

*Head: Investment Office in Johannesburg