Location: Hybrid / Constantia, Cape Town, South Africa
Job type: Permanent / Full-time
Sector and subsector: Investment | General
Salary: Competitive salary
Introduction
AgDevCo is recruiting for an Analyst to join our Southern Africa team in our regional office in Cape Town.
Established in 2009, AgDevCo is a social impact investor that invests in agribusinesses in Sub-Saharan Africa. It is a permanent capital vehicle with c$340 million under management and growing. AgDevCo's aim is to promote sustainable and commercially viable agribusinesses and to achieve high development impact by reducing poverty, contributing to wider economic growth and development.
AgDevCo provides patient capital, in the form of debt and/or equity, and specialist advice to support a portfolio of high-potential investees. AgDevCo has regional offices and in-country presence in East, West and Southern Africa - and investments in >10 countries in sub-Saharan Africa.
Role
The Analyst will provide support to the Southern Africa regional team by helping to identify, analyse, structure and deliver prospective investments (which will include regional travel). There will also be the opportunity to assist in group-wide processes including supporting other regions.
Specific responsibilities
The Analyst will provide support for region-specific investment identification, analysis, due diligence, and portfolio management, specifically covering investments in Malawi, Mozambique, South Africa and Zambia. Responsibilities include:
- Supporting the preparation of key investment documents, including investment appraisals, legal agreements (e.g. shareholders agreement, loan documents) and ongoing impact and financial performance monitoring reports;
- Supporting the development of AgDevCo's financial models for existing and new investments;
- Conducting market and macro-economic research to support investment decisions;
- Conducting detailed fundamental and credit analysis of prospective and existing investees;
- Helping to prepare and present investment proposals to AgDevCo's Senior Management Team and Board of Directors, as well as third party investors and partners;
- Providing administrative support (preparation for regional team, board and annual general meetings);
- Undertaking programme administration including meeting minute-taking, tracking project expenditure against budget, and weekly country cash-flows;
- Managing regular impact monitoring of specific investments or regional portfolios (including reviewing quarterly financial statements, supporting annual M&E reports, and aggregating country- and regional-level impact results against log frame targets);
- Supporting all regional teams in the preparation and delivery of their quarterly portfolio reporting.
Profile
- Strong academic results and a Degree in Economics, Finance or a similar subject. Preference for candidates with relevant professional qualifications (CA/CFA).
- 1-4 years of experience in a relevant area (e.g. impact investing, investment banking, private equity, financial consulting or similar).
- Strong finance and accounting knowledge and excellent data analysis/quantitative skills. Experience building and reviewing DCF financial models (e.g. Microsoft Excel) is advantageous.
- Excellent writing, presentation, communication and interpersonal skills.
- Experience contributing to senior-level (e.g. board-level) documents or public-facing reports is advantageous.
- Demonstrated experience delivering presentations to senior-level staff or stakeholders.
- An interest in and understanding of agricultural development, investing in commercial agribusinesses, and investing for impact.
- An interest and passion for working in African development, with experience living and working in sub-Saharan Africa preferred.
- An ability to work independently, as well as part of a team.
Why should you join us?
- A competitive salary and benefits package;
- a discretionary annual performance bonus;
- medical aid reimbursement;
- flexible working arrangements;
- the opportunity to travel internationally;
- the opportunity to be part of a diverse, collaborative team;
- the opportunity to contribute to Africa's economic development in a meaningful way.
How to apply?
To be considered, email applications must include all of the following: confirmation of the right to work in South Africa without the need for sponsorship; a CV that details all qualifications and relevant experience; and a cover letter that describes the motivation for applying to the role and for pursuing a career in impact investing and agricultural development. Shortlisted candidates will be invited to a multi-stage interview process which includes a technical assessment. Applications are submitted via the online form.
AgDevCo is committed to creating a diverse environment and is proud to be an equal opportunity employer.
Application link: https://recruitment.cezannehr.com/shared/job/investment-analyst-cb2b2