Portfolio Officer at Africa Enterprise Challenge Fund (AECF)

Position Overview:

The Portfolio Officer will be responsible for providing a broad - based technical, financial and investment management support to the task of selecting, managing and monitoring the AECF portfolio of projects. The incumbent will be expected to work flexibly and collegially in offering support to the Sector Team Lead and other internal stakeholders.

Key Responsibilities;

• Support and /or lead the development of portfolio management plans, in line with the overall AECF limited operational and technical management strategy;
• Work with AECF Limited competition management team to design the marketing strategy and market new funding competitions/challenges;
• Review and assess project applications, concept notes, and business plans as well as conducting basic pre - funding due diligence;
• Ensure timely disbursement of approved funds to investees;
• Guide applicants and portfolio companies on business planning and ongoing implementation of the AECF-funded projects including providing limited technical and management assistance;
• Conduct and coordinate review of investees’ progress reports and feedback process, including periodic project site visits;
• Work with the Sector Team Lead to recover outstanding repayable loans as due from relevant investees;
• Implement the AECF’s operational processes for investment management including revision and development of existing operations manuals;
• Participate in meetings and events that create visibility and positive image of AECF Limited including dissemination of AECF periodic progress and impact reports;
• Adhere to the financial, accounting and procurement policies, procedures and systems;
• Ensure compliance to internal controls and risk management of the portfolio in accordance with the wider AECF Limited risk management framework;
• Responsible for developing a porfolio plan that works to achieve progression.

Required qualifications and experience:

• Bachelor’s Degree in the fields of Finance/ Accounting, Business and Economics, Agricultural economics or any other related field from a recognized institution;
• Certified Public Accountant (CPA) or hold an equivalent professional accounting qualification;
• A minimum of three (3) years' professional experience in a similar role;
• Minimum of two (2) years of experience in financial and investment (loans, grants etc.) management, with the ability to review, analyze and interpret budgets, financial management systems; financial statements and audit reports;
• An understanding of the operations of donors and international development organizations.

Required Skills and Competencies:

• Demonstrated high level of accuracy, attention to detail and thoroughness with the ability to maintain a timely and efficient work flow;
• Ability to plan and use resources (people and/or finance and/or physical assets) in accordance with the laid down guidelines and delegated accountability ensuring that objectives are achieved effectively and efficiently;
• Proven exceptional communication, presentation and writing skills with the ability to effectively communicate at all levels within the organization and externally;
• Demonstrated ability to cross and bridge different racial, cultural, or business cultures;
• Languages English and Amharic.
• Must be an Ethiopian National.