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Position Purpose

As a Portfolio Manager, you will be responsible for developing and managing a rapidly growing  diverse portfolio of project finance assets, ensuring / monitoring their financial performance, risk management, and strategic alignment. You will play a critical role in optimising the portfolio’s financial returns and overall success.

Responsibilities

Monitoring of Investment Performance & Compliance

1. Portfolio Oversight:Manage

and oversee a portfolio of renewable projects (mainly solar and wind), which include project both under operation, construction and development located across Africa, Middle East and Asia.

2. Tools & Automation: Develop and maintain asset management tools, continously monitor and analyse the financial performance, risks and return of each asset within the portfolio. Identify areas of improvement and optimisation. Identify opportunities to enhance projects compliance and reporting process through automation and tools.

3. Monitoring of Investment Perfomance

  • Actively supervise financial performance, construction progress as well as operation and maintenance of projects after handover to Asset Management/ Construction & Delivery from Project Finance (typically, after first disbursement)
  • Analyze periodic actual and other project reports, monitor compliance with financial and other covenants and report abut expected future project performance while identifying and updating risk factors.
  • Update project finance models on regular basis during construction and operation and analysis for portfolio assets. Evaluate financial statements, budgets and projections to ensure financial performance and adherence to investment criteria.
  • Identify opportunities to enhance/optimize the operational and financial performance of portfolio assets. Collaborate with SPV’s and O&M teams to implement improvement initiatives.
  • Disbursement: support the disbursement process between Project Finance, SPV’s and HQ teams and support coordination of the shareholder’s equity injection(either through capital, shareholder loan or equity bridge loan), as well as the lenders disbursements.

4. Monitoring Compliance

  • Waivers & amendments: Work with our SPV’s, Project Development, Legal and Finance teams for preparing and approving waivers and project documents amendments
  • Compliance: Ensure that all portfolio assets adhere to legal, regulatory and contractual compliance requirements, including delivery of reporting and other requirements (e.g. information undertaking under CTA)

5. Strategic Planning: Contribute to the development and execution of portfolio strategies, including asset acquisition, divestitures and refinancing.

Early Identification of Risk and Design of Appropriate Remedies

1. Develop and implement risk management monitoring to mitigate potential project and financial risks, including credit, operational and market risks.

2. Identify and provide early warnings to AMEA Power management about critical deviations from the original investment thesis or newly emerging risks, while simultaneously proposing  appropriate action plans or remedies and coordinating related activities with internal and external stakeholders.

3. Advertise preemptively on project, sector and country issues which may impact the financial performance of the project.

4. Assist in developing a comprehensive early warning system throughout the equity portfolio.

Management of the Relationship with Internal and External Stakeholders

1. Act as liaison with external stakeholders such as shareholders and lenders (e.g. DFI, ECAs and commercial banks), contractors (e.g. EPC, O&M), government (e.g. national utility, regulators, etc) and private equity insurers (e.g. MIGA, DFC, etc.) providing periodic updates and addressing inquiries, prepare and deliver portfolio performance reports and presentations.

2. Effectively manage the relationship with internal parties such as Corporate Finance, Project Finance, Investment and M&A, Delivery & Execution, Project Development and Management and ensure good communication with all to assess and implement the most appropriate course of action in any given situation.

 

 

 

Person Specification
 

Key Traits

The employee must display:

  • Accountability towards the overall results and performance of the department and toward specific tasks.
  • Initiative, drive and pro-activeness towards each task.
  • Clear communication and organization to promote efficient working dynamics within the department.
  • Collaborative nature and approach.
  • Good time management respecting deadlines, and the time of others.
  • Results driven.
  • Proactivity and creativity to identify areas of improvement and different solutions to problems.
  • Analytical mindset to understand complex models with multiple interactions of inputs and variables.
  • Willing to travel often to countries in Africa.
Qualifications & Experience

The employee must have the following qualifications & experience:

  • Bachelors degree in Finance, Economics, or related field. A Master’s degree or CFA/CAIA designation is plus
  • Extensive experience (5+ years) in project finance or infrastructure investment management, including portfolio management(during construction and operation)
  • Previous experience in emerging markets, strong Project Finance institution and /or international private equity firm is a plus
  • Strong knowledge of credit and project finance principles, risk assessment and financial analysis.
  • Proficiency in financial modelling and analysis tools
  • Knowledge of project finance documentation, previous experience with DFIs is a plus
Required Skills

The employee must have the following skills:

  • Standard Financial Metric Analysis
  • Proficient in MS Office
  • Proficient in Asset and Project Management
  • Excellent analytical, problem solving and strategic thinking
  • Exceptional communication and interpersonal skills for effective stakeholder management
  • Ability to work independently, lead a team and make critical decision under pressure
  • High ethical standards and meticulous attention to details
  • Promote professional growth and collaborative work environment
  • Delivers result
  • Fluency in English
  • French and Arabic are a plus.

 

Submit CV to: talent@ameapower.com