Portfolio Officer Urgently Needed. Apply Now!
Organization
Posted10 Jul 2023 Closing date19 Jul 2023
The AECF is a leading development funder that supports early-stage and growth-stage businesses to innovate, create jobs, and leverage investments to build resilience and sustainable incomes for rural and marginalized communities in Africa.
AECF’s goal is to bridge the investment gap between early-stage enterprise and business maturity for entrepreneurs serving the poorest communities. We provide patient capital (grants and repayable grants) to new and innovative business models in the agribusiness and renewable energy sectors across Sub-Saharan Africa. To supplement finance, we offer technical assistance, investment readiness, and investment facilitation services.
AECF has successfully implemented programmes across 26 countries in Sub-Saharan Africa, supporting over 400 enterprises, and raising US$ 440 million in funding for programs, that have created 27,000 jobs and impacted more than 30 million lives.
AECF is headquartered in Kenya, with offices in Côte d’Ivoire, South Sudan, and Tanzania.
About Kakuma Kalobeyei Challenge Fund (KKCF)
The KKCF is a competitive financing mechanism for disbursing donor funding to incentivize for-profit companies, social enterprises, and local and refugee entrepreneurs to start or scale existing operations in the Kakuma-Kalobeyei area.
Attracting the private sector to the area and supporting local entrepreneurs has the potential to expand job opportunities, improve services, provide more choice, and reduce prices. In turn, this could enhance the self-reliance and socioeconomic integration of both refugee and host communities, while also contributing to the development of Turkana County. KKCF is a program of the International Finance Corporation (IFC) and AECF is the implementing partner.
The role will be responsible for actively managing the Local Enterprise Development (LED) Window projects and will report to the Programme Manager.
Key Responsibilities
- Conduct due diligence on prospective investee companies.
- Prepare investment memorandums, and supporting documentation to be presented to the internal Investment Review Committee.
- Ensure that defined transactional requirements recorded in documentation are executed accordingly and further, monitor the portfolio and report development results internally and to the donor.
- Monitor and track financial and impact performance of investee companies assuring a healthy portfolio.
- Engage investees on a regular basis and serve as an active risk/growth investment partner to the companies.
- Prepare and deliver reports on financial performance and development impact objectives for internal purpose and for inclusion in reports to the donors and stakeholders.
- Working with the AECF Impact Team, develop results measurements plans with each investee, and support monitoring and evaluation activities at the investee level during implementation, to ensure quality impact reporting.
- Ensure program compliance with all AECF and implementing partner policies and procedures, local laws, and regulations that govern AECF.
- Contribute to the building of AECF’s knowledge base for best practices and participate in knowledge sharing and dissemination.
- Contribute to the identification of investees who require technical assistance and arrange to deliver services based on the AECF TA and Learning service delivery framework.
- Provide mentoring and coaching to support investees implement their planned activities, the M&Eand reporting systems.
Suitable candidates should:
- At least a bachelor’s degree in economics, development finance, development studies, business or commerce, or a related field.
- At least 5 years of experience in end-to-end project management, business advisory, enterprise development, and private sector development, including scoping and design, resourcing, risk management, and quality assurance.
- Experience working in project design, implementation, and management, working with WSMEs.
- Extensive experience in markets and private sector engagement with systems targeting women.
- Excellent business judgment, analytical and problem-solving skills to identify issues, present creative, practical solutions, and make and commit to sound decisions, anticipating short-term and long-term implications.
- Demonstrated strong written, presentation, and communications skills in English & Swahili and the ability to synthesize and present information effectively and tailored for different audiences.
- An understanding of donor operations and international development organizations.
- Be willing to relocate to Kakuma.
How to apply
The AECF is an Equal Opportunity Employer. All applicants will be considered based on merit without regard to race, sex, colour, national origin, religion, age, disability, or any other characteristic protected by applicable law.
AECF does not charge a fee at any stage of the recruitment process (application, interview, meeting, processing, training, or any other fees).
If you believe, you can clearly demonstrate your abilities to meet the relevant criteria for the role register and apply on:
https://recruitment.aecfafrica.org . To be considered, your application must be received by: 19th July 2023.
For more information, please visit our careers page on www.aecfafrica.org
Only shortlisted candidates will be contacted.
