Norfund Investment Director (Agribusiness, Industrial Partnerships) Job Vacancy

Summary:

Norfund has a portfolio of agribusiness investments of 40M USD, mainly in green field Agriculture, and plan to increase this. The investment Director Agribusiness will report directly to the Head of department Industrial Partnerships (HOD); the key role will be to implement Norfund’s strategy in the sector together with Head of Department and work with individual investments in the sector.

Norfund is recruiting an Investment Director (Agribusiness, Industrial Partnerships) who’s main job purpose will be to implement Norfund’s strategy in Agribusiness in Africa, Maintain and develop Norfund’s network in the agribusiness sector in Southern and Eastern Africa, to source, execute analyse, structure, negotiate, manage, exit on new and existing agribusiness deals and contribute to maximise returns and secure high developmental impact, and support other teams within Norfund on agribusiness as needed.

Knowledge and Experience

·         Graduate at master level plus where appropriate professional qualification (economics, finance, accounting);

·         15 years relevant business experience from operative management positions or finance/PE; Agribusiness experience is a requirement.

·         Be able to communicate fluently in English and preferably other languages such as Swahili, French or Portuguese; and

·         Computer literacy with Microsoft Office suite of programmes and, in particular, financial modelling in Excel.

Key Duties

Implement Agricultural Strategy

·         Coordinate the pipeline building and follow up of Norfund’s agricultural portfolio together with the Head of Department.

·         Develop new business contacts and network to potential sponsors and respond to enquiries, attend seminars etc in the sector according to a set of marketing targets and priorities agreed in advance with the Head of Department.

·         Market Norfund as an investor in Agribusiness in the region.

·         Follow and report on other investors/Fund managers in the sector and the competitive landscape in agribusiness investments in the region.

·         Facilitate organisational learning across the agri-business portfolio.

Deals origination, management and exit

·         To manage deal progress from inception to exit, against agreed timetable and in conjunction with the Head of Department as project manager or as team member. In particular, to;

·         Evaluate investment proposals from potential clients for preliminary discussion with Head of Department to decide whether to take forward to Investment Committee.

·         To prepare and present papers for the Investment Committee.

·         Analyse (or supervise the analysis of) agribusiness companies from a financial, operational, and industry perspective and create valuation models to support transactions, including DCF models and comparables

·         Execute field work to support due diligence processes in agribusiness investments

·         Support other investment projects in the sector when needed

·         Maintain good relations with management and co-financiers.

·         Manage the performance of current investments under his/her responsibility; to monitor investments, including SEG issues and completion of required reporting (Valuations etc.)

·         Take initiative, as appropriate, to maximise deal performance and ensure returns on Norfund equity investments is enhanced and realised by developing appropriate exit strategies;

Staff management

·         To supervise, coach and follow up the investment adviser agribusiness

Administration (maximum of 5% of time over a year)

·         To assist with the administration of the office, as agreed with the Head of Department (including preparation of corporate plans and budgets, reporting etc)

Other

·         Extensive travelling in the region will be necessary.

·         The Investment Director must sign and carry out his/her duties according to Norfund’s International Code of Conduct

How to apply:

Send your application including a cover letter indicating your desire to work with our client; a detailed CV highlighting relevant experience, details of current and expected salary, a daytime phone contact, email address, and the names of three professional referees by close of business Monday 4th April 2011.

Adept Systems
Management Consultants
P O Box 6416, Nairobi, GPO 00100
Email: recruit@adeptsystems.co.ke

Only short listed candidates will be contacted.

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