Job Summary
- The Absa Corporate Development team is looking for a consultant to assist in the management and execution of our strategic Mergers and Acquisition (M&A) agenda and to ensure correct governance and control thereof.
Job Description
- You will be expected to be experienced in respect of M&A origination and execution and to be able to become familiar with Absa’s governance requirements.
Accountability: Origination
- Develop and manage the groups strategic M&A agenda in conjunction with senior management.
- Build relationships with internal and external stakeholders.
- Provide ongoing market coverage by business segment and by geography.
- Evaluate draft acquisition / disposal / JV Business cases.
- Prepare valuations.
Accountability: Execution
- Oversee the due diligence process to ensure smooth execution of delivery.
- Develop final acquisition/disposal/JV business cases.
- Lead deal structuring from start to finish to ensure success of the deal.
- Negotiate key terms and legal documentation which will be submitted to the client.
- Manage the offer/bidding process.
- Oversee the preparation of announcements.
- Manage the resolution of Conditions Precedent.
- Oversee the completion process.
Accountability: Governance
- Establish and manage deal teams.
- Manage insider lists.
- Select, engage and manage advisors.
- Implement Confidentiality Agreements.
- Manage internal approval processes for acquisitions / disposals / JV’s.
- Perform the M&A evaluation support function for Absa's Group Investment Committee.
Accountability: Stakeholder Management
- Effectively communicate developments within areas of activity to all relevant internal and external stakeholders.
- Develop and maintain good working relationships with internal and external business partners, including but not limited to all delivery channels used, group marketing, group communications. Other prospective providers etc.
- Liaise with all business partners to ensure all management information they require is provided to them timeously.
- Perform all other duties as reasonably assigned.
Role/Person Specification