Senior Investment and Finance Associate

SUMMARY:
The purpose of this job is to hold a senior position in the Investment and Fund Management team which invests in investment properties on behalf of the company and third parties, across the African continent.

This includes overseeing the Fund Management financial reporting, appraising property investment opportunities, negotiating terms and conditions of property finance, assembling and presenting proposal packages and reporting to investors

POSITION INFO:
Property Portfolio Structuring Investment Strategy

• Assist in the formulation of the reporting strategy for EPF/MPOF/SASAII/PFS/ANY OTHER AUM

• Financing
• Feasibility studies and financial modelling
• Review of Debt Finance
• Assist in developing funding strategy, including mix of type of debt, choice of financiers and hedging strategy.
• Engage with Bank and Debt Capital Market (DCM) financiers to obtain and maintain funding for acquisition targets / projects.
• Constantly analyse debt portfolio to ensure optimal funding is being achieved and line with investment strategy and debt guidelines, including:
• Maintaining targeted mix between financiers and types of funding
• Ensuring all funding remains within stipulated covenants.
• Maintaining targeted expiry profile across all debt.
• Ensuring optimal pricing is obtained across new and existing facilities.
• Manage hedging positions entered into for investments.

• Assist in developing equity funding / raising strategy, including timing of capital raises.
• Prepare capital drawdown schedules for property development projects.
• On completion of the project, prepare final development cost reconciliations.
• Assist in preparation of regulatory deliverables.
• Assist in negotiating and concluding legal agreements related to new investments

• Earnings / Distribution Forecast
• Liaise with departments to obtain actual and forecast financial figures for consolidation into Platform/Fund Forecast Model.
• Incorporate debt & equity financing forecasts and acquisition forecasts into Fund Forecast Model.
• Maintain and report on earnings / distribution forecasts against budgets
• Review of portfolio/subsidiary management accounts.

• Prepare weekly & monthly and ad-hoc cash flow forecasts to ensure targeted liquidity levels are maintained, large cash flow risks are identified, and risks are timeously responded to.
• Prepare capital calls to fund new project commitments and co-ordinate share certificates linked to the capital calls.

• Liaise with Finance to prepare monthly capital use reconciliations, to track the utilisation of capital funds and monitor capital surplus/shortfalls.

• Advise on accounting treatment for specialised transactions in line with IFRS compliance.
• Review of monthly management accounts.
• Review of monthly VAT Returns, as well as Income Tax Returns.
• Ensure that all related Capital Gains taxes are calculated and paid upon asset realisation.
• Ensure that all Dividends Withholdings taxes are calculated and paid where applicable for dividend payments to investors.
• Co-ordinate auditors and audits for the respective funds.
• Review financial statements and assist with the preparation thereof where required.

• Portfolio company performance monitoring.
• Financial reporting to the Investment Committee, Board, and sub-committees of the board.
• Prepare the Audit Committee pack.
• Present the Audit Committee pack and keep track of deliverables.
• Assist in preparation of the Board pack for various portfolios under management.
• Oversee and engage with the external audit regarding the timelines and deliverables.
• Set up and manage post-investment reporting strategy (regulatory, investor, ESG).

• Portfolio management and tax queries.
• Financial modelling of investment opportunities (both existing investment or development opportunities).
• Realisation of investments.
• Dividend pay-outs management.

• Master level Microsoft Excel
• Extensive knowledge of Financial Accounting.
• Understanding of Economics (Micro and Macro).
• Understanding of financial analysis.
• Keeping abreast with industry specific news.
• Knowledge of entry level tax.
• Deadline driven and results-orientated.
• Excellent stress management skills.
• Excellent business acumen.
• Excellent Management Accounting skills.
• Exposure to Commercial Property management, Fund Management, accounting and related reporting will be advantageous.

• Problem solving – find solutions when emotions are involved.
• Reality testing – be objective; see things as they really are.
• Impulse control – resist or delay impulse to act.
• Flexibility – adapting emotions, thoughts and behaviors.
• Stress tolerance – coping with stressful situation.
• Attention to detail – focus on details, strive for perfection and be well organized.
• Planning – enjoy making detailed plans and long-terms plans.