The Industrial Development Corporation (IDC) is an investment company wholly owned by the government of Zambia. Incorporated in 2004, IDC’s established mission is to contribute Zambia’s economic development through industrialization and job creation by nurturing effective and commercially driven strategic investment.
Responsibilities
- To analyse the overall investment strategy of the IDC with continuous revision of objectives in the context of Company Policy; to analyse and review Investee Company performance in line with achieving an optimum return on investment
- Performs in-depth and continuous research on assigned new investment proposals and projects taking into account IDC mandate and development objectives, financial market conditions, asset class characteristics, portfolio construction and positioning
- Undertakes researches in economic trends and investment opportunities
- Analyses financial performance in relation to the Balance sheet, profit and loss, cash flow statements against the Subsidiaries’ business plan models
- Undertakes reviews, valuations and analyses of investment proposals to determine economic and financial viability and expected returns and make appropriate recommendations to the Investments Manager;
- Analyse the overall investment strategy of the IDC with continuous revision of objectives in the context of Company Policy
- Provide analytical support on investment proposals and new ventures and conduct subsidiary investment reviews
- Develops, recommends, and manages the execution of programs designed to achieve investment objectives
- Keeps up to date with market developments, new investment products and other market trends
- Maintains extensive contact with subsidiary investment managers, clients and consultants to oversee project implementation and ensure communication of IDC requirements
- Monitors the financial news using specialist media sources, specifically company-specific news and key economic variables affecting investee-companies being overseen
- Ensures that the Investment limit is maintained at all times
- Writes research reports and presents investment ideas to the investments team
- Analyses and makes recommendations as to the performance of allocated investee companies, and where applicable, whether investments should be maintained in the investments portfolio
Qualifications
- Grade 12 Certificate
- Bachelor’s degree in Economics; Business; Finance or professional qualification in CFA, ACCA, CIMA
- Masters in Economics or MBA
- Professional membership with the relevant professional bodies
Other Attributes
- Strong Financial analysis skills
- Negotiation skills
- Communication skills
- Computer skills
- Interpersonal skills
- Persuasive
- Pleasant
How to apply
Visit the IDC link provided to apply and upload CV on the careers portal and no hard copy applications will be accepted.