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Sandton: Specialist: Business Rescue | JVR Jobs | South African Jobs
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Sandton: Specialist: Business Rescue

Specialist: Business Rescue

Posted on 2025-04-28 00:06:11

Salary Negotiable
Category Accounting / Finance
Location Za  /  North Johannesburg  /  Sandton

Job Summary

To provide advice to clients depicting early warning signs of distress, assist in curbing further distress; and where distress is encountered, influence and monitor implementation of rescue solutions for distressed clients that are either going through Business Rescue or require Business Rescue intervention in order to prevent further deterioration. QUALIFICATIONS: Minimum requirements: The incumbent must have commercial qualifications e.g. BCom with post graduate degree / CA(SA) MBA / MBL would be an advantage Legal Qualification would be an advantage KNOWLEDGE AND EXPERIENCE: At least 5-8 yearsEUR(TM) experience in a Turnaround and Restructuring environment – businesses experiencing distress. Experience in Business Rescue advisory and processing Knowledge of business and the diversity of risks that may affect businesses. Good understanding of different types of security. Good working knowledge of Chapter 6 CompanyEUR(TM)s Act, Contract, Taxation, IFRS and Insolvency legislation. Good knowledge of Industry standards, technology trends and best practices Provide advice and support to sector SBUs and Post Investment Segments in respect of their clients who are showing early signs of operational and/or financial stress. Attend all meetings to do with the specific Business Rescue process; Plan and execute the Business Rescue process of the organisation`s clients experiencing distress through: Carry out Business Reviews to 1) diagnose cause of distress and 2) ascertain reasonable prospect of client becoming operationally and financially viable; Determine the optimum Rescue solutions that will improve the companyEUR(TM)s viability, Determine the optimum Financial/non-financial Restructuring intervention that can be implemented to support the Rescue strategy Influence the Business Rescue process for the benefit of the organisation; Evaluate Business Rescue plan presented by the Business Rescue Practitioner and recommend changes; Safeguard the organisationEUR(TM)s Security position through maintaining and/or improving the recoverability of clientEUR(TM)s exposure, Draft and present submission reports to various decision making committees, Review drafted legal agreements to ensure they capture the organisation`s credit committee approval, Closely monitor the implementation of the Business Rescue strategy through attending Creditors meetings; Interaction with key stakeholders; regular client visits; etc. Regularly update the Business Advisory Turnaround monitoring platform (SAP) iro tracking progress against process and status update notes; Attend and contribute to the monthly Business Advisory Turnaround Portfolio Management meetings Prepare and present regular monitoring submissions to Portfolio Monitoring Committee Provide efficient service to both internal and external stakeholders/clients; TECHNICAL COMPETENCIES Business Turnaround Rescue Financial modelling Analytical/Diagnostic Skills Business/Commercial Acumen Problem Solving/Solution Generation Client Insights Focus Formulating strategies and concepts Report writing Skills Project Management Skills Stakeholder Management BEHAVIOURAL COMPETENCIES Communication Presentation skills Creating Innovating Coping with pressure set backs Planning Organising Negotiating Influencing Networking Skills Results Driven Coaching Mentoring Deciding Initiating

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