Lets Write Africa's Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
About AIIM:
African Infrastructure Investment Managers (“AIIM”) is one of the pre-eminent private equity infrastructure managers in Africa, having raised over USD3.9bn in capital over the last two decades. With 5 offices on the continent, AIIM has invested in more than 22 African countries, representing over 74 investments across the Power, Digital infrastructure, Transportation and Midstream sectors.
AIIM is a wholly owned subsidiary of Old Mutual Alternative Investments (OMAI), one of the largest private alternative investment managers in Africa, with assets under management of USD7.6 billion. OMAI manages private equity and impact funds as well as infrastructure funds through AIIM. Our investment approach goes “Beyond the Obvious” and enables us to uncover opportunities others may overlook. We aim to deliver superior risk-adjusted returns as well as make a positive social impact across Africa.
The Fund:
Off the back of our successful track record in conceptualizing and raising new infrastructure vehicles, AIIM has been selected as the preferred manager for a new USD 200-250 million target vehicle, the African Transition Acceleration Fund 1 (The Fund).
The Fund intends to focus on early stage investing in the African energy transition landscape, with a focus on 3 core thematic verticals, including multiple sub-sectors, broadly in the asset-heavy climate infra space:
Clean Electrons (Generation, transmission, battery storage, energy efficiency, etc)Clean Molecules (Production and handling of clean molecules)Sustainable TransportThe Fund will back infrastructure platforms with seasoned teams and an identified pre-construction pipeline, investing in both overheads, development costs and construction equity to enable the platforms to reach scale. The Fund will also invest in scale-up capital funding needs for growth companies for example in the electric mobility or energy efficiency sectors. The mandate is pan-Africa including north Africa.
The fund will not take the following risks:
Technology riskProof of concept risk (i.e. investing prior to product market fit)Assuming major changes in policy or consumer behaviourThe Role:
We are seeking a talented individual to join the team to provide a support function for deal analysis, execution and monitoring specifically within the climate finance market.
Key Responsibilities
Development and interpretation of project finance models, platform company models, and fund models, including use of VBA macrosFinancial analysis, review of financial statements and valuationsSupport for deal identification and originationSector research and analysisInput and analysis of potential financing structuresAssisting in the scoping and coordination of due diligenceIdentification and escalation of any relevant transaction dynamics in order to achieve execution outcomesPreparation of bid and transaction documentation and presentationsDevelopment and refinement of investment committee papers and slide decksProduction of written reportsDevelopment of sound relationships with key project stakeholders at the pan-African, national, local and utility levels, including with project sponsors and shareholdersRequired Skills & Experience
A financial degree or equivalent with excellent academic track record3+ years’ experience within a Big Four, Investment Banking (M&A, corporate finance or project finance), Financial Advisory, Private Equity, Management Consulting or Energy sector corporatesStrong financial modelling skillsStrong slide creation skillsStrong people skills, with maturity to interact with senior stakeholders internal and externalFinancial acumen – the capacity to demonstrate knowledge of and insight into financial principles and processes and identify inconsistencies in dataAbility to apply sound business judgment and an analytical, pragmatic and creative approach to problem solvingDesktop research capabilityTechnically proficient (Advanced) in Excel, Word, PowerPoint, AI toolsProject/process managementCommercial orientationExcellent verbal and written communication skillsAIIM Culture Fit
Entrepreneurial mindsetSelf-starterIntellectually curiousCollaborativeHigh energyPerformance obsessionParticipates in developing investment recommendations for portfolio managers relating to existing and potential investments. Develops and amends quantitative models to analyse and forecast market developments, estimating risks, identifying factors influencing investment decisions and quantifying potential risks and rewards.ResponsibilitiesFinancial Management and ControlDevelop and/or deliver a plan for significant aspects of the financial management and/or control process.
Risk Scenario ModelingAnalyze, assess, and quantify the risks associated with products, individual applications, business activities, and the market to determine whether any risk is within the agreed risk appetite. Undertake tactical risk modeling.
Data Collection and AnalysisUse data from a wide range of sources to analyze key themes and identify possible impacts on the business.
Financial Policies, Guidelines, and ProtocolsCreate a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.
Investment ManagementAnalyze and forecast investment or market trends by designing and developing nonroutine investment models. May also manage specific assigned portfolios while helping to develop investment policy.
RecommendationsRecommend changes to policies, processes, standards, and practices that would improve operational support.
Internal CommunicationsDevelop and/or deliver a plan for significant aspects of internal communications with guidance from senior colleagues.
Information and Business AdviceProvide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.
Document PreparationWrite and edit material for various target populations, tailoring the tone and content to match the needs and expectations of each audience.
Internal Client Relationship ManagementManage relationships with internal clients and act as a business partner to them, building high levels of professional credibility and mutual trust, and managing the deployment of appropriate internal and/or external resources to support in delivering business strategy and plans.
Personal Capability BuildingAct as subject matter expert in an area of technology, policy, regulation, or operational management for the team. Maintain external accreditations and in-depth understanding of current and emerging external regulation and industry best practices through continuing professional development, attending conferences, and reading specialist media.
Skills
Accounting, Action Planning, Analytical Thinking, Analytics Software, Budget Management, Client Management, Computer Literacy, Data Classification, Data Compilation, Evaluating Information, Financial Acumen, Financial Analysis, Investments, Oral Communications, Policies & Procedures, Professional PresentationCompetencies
Business InsightCommunicates EffectivelyCourageDecision QualityEnsures AccountabilityFinancial AcumenInstills TrustManages ComplexityEducation
NQF Level 9 – MastersClosing Date
10 April 2025 , 23:59The Old Mutual Story!