Vacancy title:
Director of Debt Capital Management
Jobs at:
M-KOPADeadline of this Job:
11 February 2023
Summary
Date Posted: Friday, January 27, 2023 , Base Salary: Not Disclosed
JOB DETAILS:
At M-KOPA, We Finance Progress.
The scale and impact of our work is massive. M-KOPA is a fast-growing FinTech company offering millions of underbanked customers across Africa access to life-enhancing products and services. From our roots as the pioneer in pay-as-you-go “PayGo’” solar energy for off-grid homes, we have grown into one of the most advanced connected asset financing platforms in the world, empowering a broad range of customers to achieve progress in their lives.
Want to know more about M-KOPA? Click this link: About M-KOPA
About this role
Finance at M-KOPA
At M-KOPA, Finance is more than just about debits and credits! It's about understanding the stories behind the numbers and applying that knowledge to guide the business in making informed strategic decisions about the future. Finance is at the core of the organisation, working with every part of the business and helping it to positively improve the lives of millions of customers every day.
Careers in Finance at M-KOPA span business partnering, technical accounting, investor reporting, tax, payroll, procurement, treasury, pricing, financial planning and analysis and systems, and data analysis. We encourage everyone within Finance to seek out the career path that is right for them and ensures they achieve their full potential. In fact, many of us on the team have done just that, broadening our experiences and growing our careers at M-KOPA.
We're looking for a Director of Debt Capital to report into Chief Financial Officer
This role can be based in the UK, Kenya, Uganda, Ghana, Nigeria and South Africa - role will be remote with some international travel. Working within the following time zone (UTC -1 / UTC+3).
You're excited about this opportunity because you will
1. Manage Fund Raising, you'll build a strategy around Debt Capital
2. On-Balance Sheet (both secured and unsecured facilities)
3. Develop ongoing relationships with potential funders
4. Structure and negotiate loan facilities, including covenants
5. Manage debt funder DD processes and RFIs
6. Local currency/hard-currency
7. Off-Balance Sheet
8. Develop and run off-balance sheet funding strategy
9. Develop Hedging Strategy related to debt
10. Manage our Existing Debt Facilities and own the whole lifecycle
11. Manage debt funder relationships
12. Report covenants and other reporting requirements related to debt facilities
13. Manage repayment schedules
14. Lead on any restructurings required.
15. Respond to auditor requests on debt facilities
16. Provide regular input into FP&A team on aspects related to debt
17. Guide Asset-Liability/Capital Adequacy Management across the organisation
18. Maintain the appropriate balance of Assets to Liabilities
19. Set and maintain the right mix of debt instruments (on vs off-balance sheet, local v hard currency, secured v unsecured etc)
20. Monitor and stress test capital risk, liquidity risk, funding risk, interest rate risk, forex risk (as it relates to funding), refinancing risk against ALCO Committee defined risk tolerances.
21. Prepare material for ALCO Committee and management related to financial asset and liability management
We're excited about you because you have experience with
1. Have 5+ years or equivalent experience in Capital Management, Corporate Finance, Debt Capital.
2. Have experience in strategic finance, special purpose vehicle, debt management.
3. Have experience helping achieve topline growth
4. Comfortable operating without a plan and manage a culture of creativity, risk-taking, experimentation and learning.
5. Have experience setting up strategy and action plans with measurement frameworks.
6. Have experience leading and implementing growth projects independently and with across the organisation.
7. Great at collaboration and communicative in a changing environment where collaboration and understanding people is required. You have enthusiasm for making colleagues successful throughout the company.
8. Work with internal partners in a remote work environment
9. Have a Bachelor's Degree in a related subject area. Advanced Degree
10. What's in it for you
11. Private health insurance (inpatient outpatient, maternity, eye care, and dental)
12. Group Life Cover
13. Remote working #LI-remote
14. Airtime allowance (dependent on the nature of the role)
15. MIFI monthly payment (20GB- Airtel or 30GB -MTN)
16. 21 days per annum (excluding public holidays). Annual leave is accrued at the standard rate of 1.75 days per month
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Interested and Qualified, Click here to Apply
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