Investment Manager at Old Mutual Kenya

Job Description

• African Infrastructure Investment Managers (Pty) Ltd (AIIM) is seeking a talented individual to join the pan-African Investment team to support AIIM’s Investment Directors and Principals across all aspects of the investment function including transaction origination, deal execution and asset management.

Responsibilities

Investment process management and transaction execution:

• Responsible for investments within the team and be able to evaluate, structure and execute investment opportunities
• Lead due diligence processes with guidance from senior team members
• Perform valuations and sensitivity analysis
• Perform risk analysis and review financial statements
• Support senior team members in the negotiation of transaction and project documents
• Oversee bid documents in tender submissions
• Consideration of environmental and social risks

Financial modelling:

• Independently perform comprehensive company valuations leveraging the junior team members
• Review, run and adapt deal financials models
• Guide and provide oversight to junior team members on financial modelling tasks
• Train and mentor junior team members with regards to financial modelling

Investment papers and Investment Committees:

• Compile investment papers with guidance from senior team members and support from junior team members
• Present deals to Investment Committees together with senior team members

Asset management:

• Track asset performance against original projections
• Structure and execute value-enhancing initiatives
• Engage with portfolio company management
• Participate in and contribute to board and sub-committee meetings
• Revalue existing assets on a semi-annual basis for portfolio valuations
• Monitoring and reporting on environmental and social performance of the assets

Transaction origination, fund-raising and profile-raising:

• Build and maintain strong relationships with counterparts
• Contribute to marketing documents and engage with potential investors
• Attend and speak at industry conferences
• Project-related travel for site visits, deal negotiations and industry conferences

Experience and Core Competencies

• An Honours Financial, Legal or Engineering degree
• Excellent financial modelling skills
• 6-8 years of M&A experience (preferably bulge bracket investment banks)
• Transaction experience in Africa preferred but not essential
• The following sector expertise is advantageous:
  • Renewable energy
  • Digital infrastructure (fibre, data centres, telecoms towers)
  • Mobility and logistics (ports, multipurpose logistics, temperature-controlled logistics, roads)
• Project/process management - ability to run M&A processes with limited guidance (from hiring of advisors through due diligence engagements to transaction execution)
• Financial acumen – the capacity to demonstrate knowledge of and insight into financial principles and processes and identify inconsistencies in data
• Ability to apply sound business judgment and an analytical, pragmatic and creative approach to problem solving
• Good understanding of transaction documentation (SPAs, SHAs etc)
• Ability to plan and prioritise effectively and meet deadlines
• Commercial orientation
• Excellent verbal and written communication skills in English
• Very strong attention to detail and history of academic excellence

Personality Attributes

• Flexible & dynamic – self-motivated, results-driven, ability to deal with change
• Excellent intellectual & conceptual abilities
• Resilience
• Excellence orientation (concern for high-quality work) – follow-through; the motivation to ensure the highest standards of quality and productivity are consistently maintained
• Invests high levels of energy in work
• Outcome focused
• Team player
• Willingness to teach and learn
• Passionate about Africa

Closing Date

24 June 2023