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Culture

Leadership

Ithala Reviews

 

Excellent learning curve and exposure

Financial Analyst April 2014- To Date Ithala Development Finance Corporation  Perform Preliminary Assessment on deal proposals addressing key drivers of the business and operational assumptions.  Determine the key drivers of projects/business.  Understand and challenge operational assumptions with internal and external clients to ensure accuracy in the derived data.  Negotiate with clients to obtain outstanding information/ documentation  Interpreting Annual Financial Statements.  Conduct comprehensive financial analysis.  Develop detailed financial models to determine financial viability of business   For transactions above R 12 000 000 I prepare a financial assessment pack and present transactions together with the deal writer to the Board credit Investment Committee.

Pros: promotions
Cons: long hours

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Learning curve

Perform Preliminary Assessment on deal proposals addressing key drivers of the business and operational assumptions. Interpreting Annual Financial Statements.Conduct comprehensive financial analysis.Develop detailed financial models to determine financial viability of business.Develop an appropriate structure for each investment deal (long term sustainability).Perform Ratio Analysis.Prepare a formal financial analysis report.Perform Due Diligence procedures to determine feasibility of deals.For transactions above R 5 000 000 I prepare a financial assessment pack and present transactions together with the deal writer to the Management credit Investment Committee. 

Pros: Exposure in a different field
Cons: No career growth

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Learning curve

Perform Preliminary Assessment on deal proposals addressing key drivers of the business and operational assumptions. Interpreting Annual Financial Statements.Conduct comprehensive financial analysis.Develop detailed financial models to determine financial viability of business.Develop an appropriate structure for each investment deal (long term sustainability).Perform Ratio Analysis.Prepare a formal financial analysis report.Perform Due Diligence procedures to determine feasibility of deals.For transactions above R 5 000 000 I prepare a financial assessment pack and present transactions together with the deal writer to the Management credit Investment Committee. 

Pros: Exposure in a different field
Cons: No career growth

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Very disabling environment

This is avery diffcilut working environment. People do not have much core experience in banking. Systems are outdated and reliable managemnet information required to make decisions is not readily available. The culture is not one that promotes success

Pros: reasonble working hours
Cons: no leadership

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Hard working and loyal

I am Nelisiwe Vuyisile Sokhela a young lady of 24 years old. I am out going, self motivated, self confidence and loyal, I am willing to work under pressure.

Pros: i work 8 hours a day
Cons: i can week over time

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Excellent learning

I'm Bongeka Mbuthuma, I like to work as team, I like to learn new things in the environment. I Am hardworker, who under pressure without supervision. I love to produce or to come out with new opinion in the environment.

Pros: Great company
Cons: Long working hours

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Modernisation of business and IT

Filled 2 position; one at group and one at bank subsidiary; Lead IT teams, guiding executives and liaising with committees, regulators, etc, Manage IT strategy, portfolios, programmes, projects, resources, services contracts, vendors, budgets, sourcing, etc; Define IT governance, organization, policy and management framework; Serve on executive, steering and other committees.

Pros: In-depth exposure to business and insurance industry
Cons: Contract position filling two positions

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