Company: Industrial Development Corporation (IDC)
Location: Gauteng, South Africa
Job Type: Permanent
Job Number: IDC00623
Job Grade: P-Band
Closing Date: 26 October 2025
🏢 Join the IDC as a Plant, Equipment and Machinery Appraiser/Valuer
The Industrial Development Corporation (IDC) is seeking a Plant, Equipment and Machinery Appraiser/Valuer to join its Gauteng-based team. This is a permanent opportunity for a qualified professional to independently evaluate physical assets used as collateral or investment assurance.
This role is critical in ensuring that all plant, machinery, and equipment are accurately valued to industry standards, helping inform business decisions and mitigate risk in industrial development projects.
🎯 Role Purpose
To provide independent assessments and expert advice on the replacement cost, open market value, forced sale value, and overall asset condition of plant, machinery, and equipment. This includes assessing the viability of installations and ensuring IDC’s asset register is credible and reliable.
🧠 Key Responsibilities
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Conduct independent valuations of plant, equipment, and machinery.
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Advise on:
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Capital expenditure estimates vs industry norms
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Economic and physical obsolescence of assets
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Remaining useful life of assets and collateral implications
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Evaluate clients’ installation strategies and project milestones.
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Identify risks and recommend mitigation strategies.
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Validate valuation reports from third-party valuers.
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Continuously improve internal valuation processes, templates, and systems.
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Write detailed valuation and assessment reports for committees.
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Engage effectively with internal teams, SBUs, and external stakeholders.
📚 Qualification & Experience
Minimum Qualifications:
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Degree or National Diploma in Engineering (Mechanical/Industrial) or equivalent (NQF Level 6)
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ECSA candidacy required
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Additional advantage:
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Registered Professional Engineer (ECSA)
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Member of RICS (Royal Institution of Chartered Surveyors)
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Member of ASA (American Society of Appraisers)
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Experience:
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3–5 years experience in plant, machinery, and equipment valuation.
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Experience in mechanical/industrial engineering or financial services is advantageous.
🛠️ Technical & Functional Competencies
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Valuation expertise across asset types (plant, equipment, machinery)
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Analysis and interpretation of technical and financial data
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Report writing and presentation skills
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Project planning and organisation
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Strong verbal and written communication
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Understanding of economic, functional, and physical depreciation
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Results and solutions-driven
🤝 Behavioural Competencies
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Effective presentation and communication
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Professional relationship building and stakeholder engagement
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Ability to work under pressure and manage multiple tasks
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Collaboration and influencing across teams
📌 Employment Equity Commitment
The IDC is committed to equality, diversity, and employment equity. In line with its employment equity plan, preference may be given—but not limited—to candidates from underrepresented designated groups.
📝 Apply by 26 October 2025
If you are a qualified engineering professional with asset valuation expertise, don’t miss this opportunity to join a key national development institution.
Take your next step with IDC — apply today!