Job Advert Summary
To develop and manage a portfolio of (Indigenous Knowledge Systems) innovation projects from basic research with plans to move from one Technology Readiness Level to the next towards full commercialisation.
The Agency endeavours to promote the careers of previously disadvantaged persons by applying the principles of the Employment Equity Act, as amended.
The Agency reserves the right not to make an appointment.
Technology Innovation Agency (TIA) is a talent driven, customer- centric and impact focused organisation. In our endeavour to support technology innovation with socio-economic outcomes; we seek to infuse the organisation with team players that find resonance as value creators, agile thinkers, progressive attitudes, customer-centricity, dynamic work ethic and an optimistic disposition. We aim to harness these attributes in a manner that they culminate into a culture of teamwork, impact and accountability. In executing its mandate, the organisation provides funding and non-funding support to stimulate innovation so that it provides a catalytic impact to the economy whilst improving people's lives and protecting the environment.
Minimum Requirements
Qualifications
A 4-year degree, in Plant Sciences with Indigenous Knowledge applications.
Preference – Master's degree
Work Experience
3 years technology innovation experience
2 years' experience in a commercial or portfolio management context
2 years experience in Indigenous Knowledge Systems with industry applications in cosmeceuticals, nutraceuticals, African traditional medicine or health infusions.
Duties and Responsibilities
Finance
Assist the head 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
Identify new funding opportunities to raise and additional income from third party investors
Manage repayment obligations that projects have to TIA (Equity and royalties, investments and loans)
Stakeholder Relations Plans
Provide input into the formulation of a Stakeholder relationship strategy specific to the Indigenous Knowledge Systems business unit
In collaboration with Marketing and Communications, ensure that credible success stories are published
Ensure that 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 positive input, impact and giving direction in the NSI.
Internal Processes
Ensure that adherence to all relevant policies and frameworks is maintained
Ensure that compliance to all TIA systems (fund management, performance management, HR, finance, Stakeholder information, etc.) is maintained
Ensure that all portfolio audit matters are resolved
Ensure that agreed turnaround times on key business processes are achieved
Capture and record project information accurately and completely 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
Provide support and assistance to projects to achieve their milestones
Pro-actively identify 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
Manage all aspects of the project life cycle from sourcing to exit efficiently
Facilitate Commercialisation of TIA projects/investments
Build a pipeline of investment opportunities for the Indigenous Knowledge Systems 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
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