Vacancy title:
Investment Associate
Jobs at:
Hatch AfricaDeadline of this Job:
Thursday, November 30 2023
Summary
Date Posted: Monday, November 06 2023, Base Salary: Not Disclosed
JOB DETAILS:
Job Description
Job title: Strategic Finance Lead/Investment Associate
Location: East Africa, with preference for Addis Ababa, Kampala or Nairobi
Reports to: CFO
Job type: Full-time
About the Company
Founded in 2010, Hatch Africa (formerly Flow Equity) is the leading dual-purpose poultry (DPP) company in sub-Saharan Africa and one of the highest impact businesses on the continent. In 2022, the group distributed over 30m dual-purpose day-old chicks (DOCs) to smallholder farmers in Ethiopia, Rwanda, Uganda, Ghana, Kenya, and Ivory Coast through its subsidiaries, thereby making a significant improvement in nutrition and incomes of local populations. Having proven its success and impact in these markets, Hatch Africa aims to scale up its operations and replicate its business model in two new countries. The Company has strong ESG practices and has been backed by leading institutional investors including International Finance Corporation (IFC), Finnfund, AgDevCo, AHL Venture Partners, Acumen Resilience Agriculture Fund and the Bill and Melinda Gates Foundation.
Position Summary
The Company has several ongoing fundraising processes and wishes to bring these investment-related activities in-house. The Strategic Finance Lead will be responsible for assisting the company in securing debt and equity financing from institutional investors including private investors, family offices, and development finance institutions. The Leader will manage the transaction process from start to finish and work closely with internal and external stakeholders to ensure successful execution.
Duties and Responsibilities
Deal Preparation
• Conduct market and industry research to support the transaction.
• Visit the Company’s operations and meet with management teams to understand the company’s business model, value proposition and unique differentiating factors.
• Create detailed financial models and valuation analyses.
• Prepare and update information memoranda, teaser, business plans and other marketing materials to pitch investors.
• Ensure the Company’s data room is well organized and enables secure access.
• Prepare an investor list for outreach and identify key contacts at each investor.
Investor Outreach and Communications
• Perform outreach and communicate with targeted investors about the investment opportunity
• Respond to investor queries related to the business plan, information memorandum and financial model to support their evaluation of the Company
• Secure offers from interested investors, and participate in negotiations on the Company’s behalf.
Transaction Management
• Liaise with investors and third-party due diligence providers (tax, financial, commercial, legal) and manage the overall due diligence process from end-to-end
• Support as needed on transaction documentation and work with legal counsel of the Company and investors through to transaction close
• Maintain an up to date data room appropriate for third party investors
• Respond to investor queries, coordinating with relevant personnel as required, and ensuring accuracy/quality of all information
• Financial Analysis
• Support Country MD and FD annually to prepare budgets using standardized formatting and quality controlling based on historical/standard costing
• Support on the preparation and compilation of board materials
• Support on financial analysis of consolidated monthly group level statements with commentary and provide analyses, costing, variance, and financial results to inform operational and strategic decisions
Qualifications and Behavior Traits Required
• Passionate about positively impacting smallholder farmers and customers in rural Africa
• Bachelor's degree in finance, economics, or a related field
• Minimum of 3 years of experience in equity capital markets or related fields, such as investment banking, private equity, or equity research
• Strong financial modeling skills and proficiency in Excel
• Experience preparing information memoranda and other marketing materials in Word and PowerPoint
• Excellent communication and interpersonal skills
• Ability to work independently and manage multiple projects simultaneously
• Strong attention to detail and organizational skills
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
To apply: Please send us an application here - https://bit.ly/HatchAfrica-InvestmentAssociateForm If you
have any questions please send them to diana.mwai@kayatalent.com
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