property-valuer-gauteng-at-industrial-development-corporation

Job Description:

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The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Secon...

Property Valuer - Gauteng

JOB DESCRIPTION

To undertake independent professional valuations of immovable property for IDC operational SBU’s and Departments

QUALIFICATION AND EXPERIENCE

Qualifications

Diploma or Degree in Land Management/ Economics; Valuation & Estate Management, Regional & Town Planning, or equivalent.
Appropriate registration with South African Council for Property Valuers Profession, or equivalent.

Knowledge & Skills

Minimum 5 years’ appropriate experience in land and building
Analysis and interpretation of the factors and market forces and information effecting asset values.
Experience in valuation of movable assets (plant, equipment and machinery) would be an added advantage.

ROLES AND RESPONSIBILITIES

To independently review and determine appropriate fixed asset (land and building) values cognisant of all value forming factors for the purpose of verifying purchase prices, authenticating shareholder contributions, establishing security cover, setting reserve prices at disposal, insurance, etc.
To provide expert advice within field of expertise regarding values, value forming factors, market trends, collateralization, etc.
To maintain relevant records and relations in support of expertise, expert knowledge.
To maintain pertinent professional and expert standing, both within and beyond IDC
Review external and internal valuation reports.

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