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FEDA: ASSISTANT MANAGER: FINANCE AND OPERATIONS – [KIGALI]   DETAILS

JOB NAME

FEDA: Assistant Manager: Finance and Operations – [Kigali]


POSTED BY: African Export and Import Bank AFREXIMBANK Egypt
REF:AFREXIM 193
Date Published:Tuesday, July 18, 2023
Date of Expiration:Sunday, January 14, 2024 EXPIRED
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LOCATION OF THIS JOB
 Rwanda |  KIGALI in Rwanda
INDUSTRY
DEVELOPMENT FINANCE INSTITUTIONS
JOB TYPE
Full-Time
MAIN JOB DESCRIPTION
Working time Full-time
Posted 1 day ago
Location Kigali, Rwanda
Deadline 08/30/2023
Reference CDTBLR-FAOAM-PE-001

ABOUT FEDA:
The Fund for Export Development in Africa (“FEDA”) is the impact investment subsidiary of Afreximbank set up to provide equity, quasi-equity, and debt capital to finance the multi-billion-dollar funding gap (particularly in equity) needed to transform the trade sector in Africa.

JOB SUMMARY:
1. FEDA is seeking a highly experienced and accomplished Assistant Manager Finance and Operations (AMFO) to join FEDA, a leading multi-strategy impact investment platform.
2. As the AMFO, you would play a pivotal role in overseeing the finance, administration and operations function of a multi-strategy investment firm ensuring effective strategic financial planning, financial management, reporting, service providers management as well as leading internal and external audits etc.
3. The primary limited partner (LP) of FEDA is a top-tier multilateral financial institution, which adds specific requirements to the role.
4. The AMFO will play a crucial role in ensuring effective financial management, compliance, operational efficiency, and risk management.

RESPONSIBILITIES:
Financial Strategy and Planning
1. Work closely with the Chief Executive Officer (CEO) and the Chief Financial Officer (CFO), on executing the organization’s financial strategy in alignment with its overall goals and objectives.
2. Under the leadership of CFO, execute the financial planning, forecasting, and budgeting processes.

Financial Management and Reporting
1. Under the leadership of the CFO, support all aspects of the finance function for FEDA’s entities and fund strategies, including accounting, reporting, cash flow management, auditing (external audit and internal audit), risk and compliance processes.
2. Support conception and completion of workstreams with internal and external service providers including external auditors, internal auditors, risk, and compliance service providers etc.
3. Ensure accurate and timely preparation of quarterly Board and Investors reports as well as monthly, quarterly, and annual financial statements for all the FEDA entities.
4. Support the investment team during transactions including capital calls, compliance with funds’ policies, approved due diligence budgets, establishment of investment vehicles as well as any tax or regulatory filings.
5. Monitor and analyze financial performance of each of FEDA’s funds and identify opportunities for improvement and risk mitigation.

Fundraising and Investor Relations
1. Participate in fundraising efforts, including the preparation of investors’ presentations and financial materials.
2. Support CEO, CFO and Chief Investment Officer (CIO) in building relationships with investors, addressing their financial inquiries, and providing transparent reporting.
3. Support CEO, CFO and CIO in communicating the organization’s financial performance and investment strategies to investors.

Compliance and Risk Management
1. Ensure compliance with applicable laws, regulations, internal policy, and industry standards.
2. Implement and maintain robust internal controls to safeguard assets and mitigate financial risks.
3. Work closing with internal and external service providers to ensure adherence to internal policy, regulatory requirements, or best industry practice.

Leadership and Development
1. Lead a small team of finance and administration professionals (mostly laterally), fostering a collaborative and high-performing environment.
2. Cultivate a culture of excellence, accountability, and continuous improvement within the finance and administration department.
REQUIREMENTS FOR THIS JOB
QUALIFICATION AND SKILL
Skills and Competencies:
1. Analytical Thinking: Ability to dissect complex financial information, identify key trends and insights, and draw logical conclusions.
2. Valuation: Proficient in fair value of financial assets (IPEV guidelines), valuation and accounting of portfolio companies and various investment instruments used in the industry (e.g. straight equity, quasi-equity, mezzanine, convertible loan notes, fund of funds participation etc.)
3. Attention to Detail: Strong focus on accuracy and precision in financial analysis, data interpretation, and report preparation.
4. Communication: Excellent written and verbal communication skills in English, with the ability to effectively articulate financial reporting to Senior Management, instances of governance and external stakeholders.
5. Adaptability: Ability to thrive in a fast-paced and dynamic environment, managing multiple projects and priorities effectively, with strong work ethic.
6. Teamwork: Collaborative mindset, excellent interpersonal skills with the ability to work effectively within a team, across departments and with external partners.

Qualifications:
1. Bachelor’s degree in finance, accounting, economics, or a related field with a strong academic performance. An MBA/MSc in finance or accounting is preferred.
2. Proven experience as a AMFO or in a financial role within a multi-strategy private equity fund. A minimum of 5 years of work experience in a similar role is highly desirable.
3. Strong knowledge of fund structures, fund accounting and valuation techniques ( as per international private equity and venture capital association) for the private equity, debt fund and fund of funds sectors.
4. Outstanding communication and presentation abilities in English, both written and verbal.
5. Detailed-oriented, with excellent analytical and problem-solving skills.
6. Ability to thrive in a fast-paced, deadline-driven environment.

Contractual information:
1. Permanent
2. Willing and able to relocate to Rwanda and open to further relocation later if required.
3. Suitably qualified candidates are encouraged to apply.

HOW TO APPLY
If you wish to apply for the position, please send your CV to Chalden Du Toit at cdutoit@caglobalint.com


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