Job Summary
Provide support to the Investment Manager in all aspects of the investment process including the origination, evaluation, structuring, execution and exit stages.
Key Responsibilities
i. Deal origination
Provide support to the Investment Manager in all aspects of the investment process including the origination, evaluation, structuring, execution and exit stages.
Key Responsibilities
i. Deal origination
- Conduct country, industry and company research to identify target opportunities.
- Maintain a data base of relevant country, industry and company research from sources such as annual reports, newspaper reports, journals and trade magazines among others.
- Review Non-Disclosure Agreements.
- Screen investment prospects.
- Prepare fact sheets and preliminary summary investment reviews.
- Manage the data base of prospects.
- Update and maintain the deal flow schedule.
- Ensure reject or proceed communications are delivered to target.
ii. Developing and validating the investment case
- Responsible for the preparation of preliminary and final investment review.
- Responsible for the development and maintenance of the financial model.
- Responsible for carrying out due diligence exercises and for managing a team of advisors in carrying out due diligence.
- Oversee the maintenance of the transaction file and ensure all current information is documented.
iii. Structuring and making the investment
- Responsible for financial, tax and legal structuring of the transaction.
- Ensure appropriate documentation and file maintenance with respect to the closing process.
- Follow up with stock brokers and custodians to ensure appropriate execution and proper custody of the asset.
iv. Portfolio monitoring, administration, reporting and managing the value creation process
- Draw up value creation plans.
- Preparation of comprehensive semi-annual investment reviews.
- Build and update financial valuation models for portfolio investments.
- Support the manager in preparing Board and Board Committee reports.
- Review portfolio company board and committee papers and provide appropriate advice to Centum’s representative on the Board on what the salient issues are.
v. Exits
- Preparing annual portfolio plans that recommend whether to exit or maintain Centum’s position.
- Support the manager in preparing documentation to support an exit case including financial models.
- Prepare market documentation including teasers and information memorandums among others.
- Maintain the database of potential buyers and manage communication with them.
- Build and maintain a data room.
- Maintain and ensure proper documentation of the exit process.
vi. Administrative and routine responsibilities
- Prepare weekly portfolio status reports and review weekly status reports prepared by the Senior Analyst/Analyst.
- Prepare the annual investment income and investment budgets.
- Liaise with and manage external investment advisors and brokers;
- Work closely with the Risk Officer to ensure risks identified are mitigated with respect to potential investors.
- Ensure that the files for prospective investments and portfolio companies are properly maintained.
- Prepare valuations for financial reporting purposes.
vii. People management
- Supervise, coach and provide work guidance for Senior Analysts/Analysts
Educational Requirements
- An undergraduate degree preferably in Finance or Accounting and professional accounting qualifications such as CPA, ACCA or CFA.
- Investment training would be an added advantage.
Required Experience
- Five years relevant experience preferably in the private equity or financial services industry.
Key Competencies & Technical Skill
- Self driven individual able to deliver results under minimal supervision
- Financial acumen and sound commercial awareness
- Strong financial modelling skills.
- Good leadership and people management skills.
- Communication/presentation skills
- Excellent research skills.
- Excellent report writing skills.
Applicants who do not hear from us by 13th November 2009 should consider themselves unsuccessful.
www.centum.co.ke
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