Vacancy title:
Portfolio Officer -Renewable Energy and Climate Technologies (REACT) – Somalia
Jobs at:
AECFDeadline of this Job:
22 December 2022
Summary
Date Posted: Friday, December 09, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
The Role
The incumbent is responsible for managing the REACT SSA Somalia programme. He/she will lead the technical and grants management support to REACT portfolio of projects. The incumbent is expected to work flexibly and collegially in offering support to the REACT SSA Programme Manager, Senior Portfolio Officer and other internal stakeholders as well as in processing grants, loans and coordinating technical assistance to a portfolio of companies.
Key Responsibilities
Portfolio Management, Monitoring & Reporting
• Ensure effective investees performance and relationship management.
• Lead the planning and execution of investees performance monitoring activities, including data verification exercises to ensure the quality of programme results.
• Implement effective strategies the enable recovery of outstanding repayable grants as due from programme investees in collaboration with the Debt Recovery Officer.
• Implementing the AECF’s operational processes for grant management including contribution to the revision of existing operations manuals.
• Implementation of the financial policies, procedures, and systems guidelines for grant recipients.
• Ensure all investee site visits are conducted on a periodic basis, as per the agreed site visit schedule.
• Coordinate identification of investees who require technical assistance (investment brokerage) and arrange to deliver services based on the AECF TA and Learning service delivery framework.
• Reviewing periodic narrative and financial reports, as well as disbursement requests from grant recipients.
• Ensure legal review and opinion on grants that require the legal departments review. · Manage the flow of grants over the course of a year, advising the Portfolio Lead on timing and potential issues that need to be addressed.
• Provide periodic reports on the programme, information trends and other relevant information as requested.
• Contribute to the development of periodic management and donor reports.
• Contribute to proposal development for various potential program areas.
Impact and Learning
• Contribute to the portfolio learning agenda in a manner that contribute to the wider learning agenda of the AECF (in liaison with Impact, Knowledge, and Insights teams), to further the reputation and capability positioning of the Fund, have a wider systemic impact on the relevant market systems in Africa, and promote relevant advocacy efforts.
• Ensure continuous improvement of the portfolio based on learning.
Risk and Compliance
• Ensure compliance to internal controls and risk management of the portfolio in accordance with the wider AECF Limited Management Framework.
• Implement the programme risk and mitigation framework, in line with the overall AECF Risk and Compliance Management Framework.
The Candidate
Suitable candidates should:
• Hold a Bachelor’s degree in any social, natural science, business, engineering discipline or any related studies. Technical training in solar technology/renewable energy is an added advantage.
• Have a minimum of five (5) years of experience in private sector development, and sustainable finance, preferably in the energy sector in Somalia or Nothern Kenya.
• Have a strong understanding of and practical experience in the energy sector, particularly in Somalia.
• Demonstrate experience in designing and appraising energy business cases.
• Have a demonstrated track record in portfolio management, specifically in conducting project due diligence monitoring, evaluation, reporting, and financial management for early-stage companies. Have experience managing gender-responsive programs/investments.
• Have excellent analytical and communication skills with the ability to prepare portfolio analysis reports.
• Have a high degree of initiative and energy, “can-do” attitude, flexibility, teamwork, and attention to detail.
• Have excellent interpersonal skills including a strong work ethic, impeccable integrity, and judgment.
• Be proficient in English with strong oral and written communication skills.
• Somali nationals and/or Kenyan Somalis or Somalis from other Nations with knowledge of the Somali language and experience of the Somalia socio-cultural context are highly encouraged to apply.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
The AECF is an Equal Opportunity Employer. All applicants will be considered based on merit without regard to race, sex, colour, national origin, religion, age, disability, or any other characteristic protected by applicable law.
If you believe, you can clearly demonstrate your abilities to meet the relevant criteria for the role register and apply on: https://recruitment.aecfafrica.org
Application Deadline
To be considered, your application must be received by: 22nd December 2022
Only shortlisted candidates will be contacted.
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