Kenya Innovative Finance Facility for Water Jobs in Kenya
Kenya Innovative Finance Facility for Water (KIFFWA) CEO Vacancy in Kenya
KIFFWA (Kenya Innovative Finance Facility for Water) is a Kenya-based co-developer of water initiatives in Kenya.
Designed and implemented by the Netherlands Water Partnership’s Appropriate Finance team and the Embassy of the Kingdom of the Netherlands (EKN), we provide early stage capital, finance expertise and engineering support to support the creation of viable commercial water investment opportunities and attract (private) providers of finance.
Focusing on medium ticket size projects of between USD 5 and 50 million, we seek to be revolving by recouping our investments in projects.
Our first initiative is developing the Kenya Pooled Water Fund (KPFW) and its pipeline of public water service providers (WSPs) that provide WSPs access to long tenor local currency finance by unlocking the local capital market in Kenya for their drinking water and sanitation infrastructure projects.
EKN envisages a public-investor role in the water sector that will remain sustainable after phasing out aid support in Kenya in 2020.
The Chief Executive Officer will report to the Board of Directors and will play a key role in building the organisation to become the go-to commercial water projects financier in Kenya.
You will be expected to source viable projects, evaluate and present to an Investment Committee, structure, negotiate, manage and exit, ensuring maximisation of returns and secure high developmental impact.In particular, you will have the following responsibilities:
You will be expected to take charge of the organisation under the guidance of Board of Directors including:Preparation of annual plans and budgets
Financial management and reporting
Development of processes, systems and procedures for the Kenya operations
Ensuring compliance with the regulatory and internal audit standards, etc.
Representation duties as necessary e.g. in technical working groups
People management including recruitment, training & development, performance management and discipline
Projects origination, management and exit
Establish project flow and develop business contacts
Manage project progress from inception to exit, against agreed timelines as a team member.
This will entail:
Evaluating project proposals for their viability and fit to the KIFFWA investment policy
Preparing and presenting the proposals to the Investment Committee
Analysing projects from a financial, operational, and sector needs perspective and create valuation models to support transactions; this may include the use
of third party service providers
Executing field work to support the due diligence processes
Managing the commitment and disbursement procedures
Maintaining up to date information on project status
Managing the performance of the project portfolio i.e. monitoring investments, including the required reporting (valuations etc.) and recommending any delegated authority during investment life.
This position will suit a self-driven individual with an entrepreneurial spirit who thrives in start-up environments where you get the opportunity to develop new systems, processes and procedures.
You will also have:
A masters degree in business and or finance and at least 10 years’ experience, 5 of which should be in the investment space.
A good balance between a commercial approach and a development agenda, indeed, one who has experience of delivering profitability as well as social economic impact Strong relationship skills, negotiation skills and a strong network are essential for this role Proven leadership capability Experience in investment management is essential and project financing is a definite advantage. Another advantage would be experience of financing water projects. Fluency in English and Swahili or Arabic
How to Apply
Your application should include a covering letter that demonstrates why you are the best person for this position, an up-to-date CV (including a description of any relevant deals, and their size, you have been involved in, without breaching confidentiality) and the names and addresses of three professional referees.
Your email and Skype address as well as day-time telephone number should also be included. Please also let us know what your contractual notice period/earliest availability is.
Please upload your application as instructed here below. Adept Systems Management Consultants
P 0 Box 6416,
Nairobi, GPO 00100
Closing date: 17th February 2017
Only shortlisted candidates will be contacted.
Please note that we do not charge for receiving or processing applications.
Find jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.
Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.
Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!