Senior Associate, Investment Advisory, All On Hub at All On Partnerships for Energy Access Limited by Guarantee

All On Partnerships for Energy Access Limited by Guarantee - Nigeria has a 175,000MW power gap and an estimated 28 million households and 11 million SMEs that are either off grid or receive less than four hours of power per day (bad grid). This amounts to 140 million people living without access to reliable and affordable power. Addressing the access-to-energy challenge in Nigeria requires a combination of both the traditional large-scale power generation approaches and distributed power innovations that are smaller scale, lower cost, and quicker to market. All On Partnerships for Energy Access (‘All On’) was established by Shell as an impact investing company to work with partners to increase access to commercial energy products and services for the under-served and un-served off-grid markets in Nigeria, with a focus on the Niger Delta region.

All On builds values-driven local and international partnerships to help scale business models. It seeks both financial returns and social impact - to provide and/or improve access-to-energy for millions of households and SMEs. All On invests debt and equity capital to early and growth-stage businesses in Nigeria’s nascent off-grid sector. Due to the scale of the energy access gap in Nigeria, All On also partners with other financing institutions to develop enabling finance facilities that all businesses in the Nigerian off-grid energy sector can access. All On also delivers capacity building support to its portfolio of early-stage ventures via the All On Hub. This platform supports almost 100 ventures through programmes, delivery of technical support and business development support in order to catalyze their growth and amplify their impact the Nigerian off-grid energy sector.

We are recruiting to fill the position below:

Job Title: Senior Associate, Investment Advisory, All On Hub

Location: Lagos
Employment Type: Full-time
Reports to: All On Hub Manager.

What you will do (Responsibilities)

• Deliver transactions advisory or “sell-side” support to early-stage companies, specific responsibilities to include:
• Reviewing financial structure to advise on potential strategic or financial restructuring,
• Developing comprehensive financial models, reflecting business growth objectives to determine funding requirements,
• Supporting the preparation and review of investment material such as pitch decks, information memoranda and business plans,
• Guiding the set-up and management of the data room,
• Building an investor universe and targeting investors on behalf of Hub-supported companies,
• Supporting the capital raise process as may be required,
• Reviewing, drafting and negotiating term sheets and other relevant documents,
• Supporting the close-out of transaction conditions precedent, as required.

Supervise all aspects of Investment Advisory and Financial Analysis activities of the All On Hub portfolio:

• Managing relationships with supported companies and understanding their needs;
• Managing the quality and delivery of analysis, advisory and reporting requirements;
• Managing relationships with investors and financiers, and positioning All On investees/supported companies for funding;
• Implementing appropriate controls and procedures, and maintaining robust activity tracking system(s);

Manage deals for angel stage business, from “buy-side” appraisal through to approval and closing, specific responsibilities to include:

• Assessing historical financials of potential investees to enhance understanding of corporate performance and determine likelihood of the success,
• Financial modeling of investment opportunities with scenario-based risk outcomes,
• Proposing appropriate capital mix and financing structure,
• Drafting of the various documents required for the deal approval process,
• Undertaking financial, technical, and commercial due diligence and preparing related due diligence reports for each opportunity being developed,
• Drafting and negotiating term sheet with counterparty based on the direction and approvals of the governance process.

Manage the grants administration process for the portfolio, by:

• Setting delivery milestones for new performance-based grants,
• Establishing and implementing a review process for project milestone deliverables,
• Ensuring the timely payout of funding tranches against completed project milestones,
• Resolving project or payment bottlenecks promptly,
• Maintaining an efficient grants management tracking tool for analytical and reporting purposes.

What we need from you (Requirements)

• Minimum 10 years’ experience in a strong investments management and deal structuring environment, or transactions advisory environment;
• Undergraduate degree from a reputable institution in finance, economics, mathematics, or business administration. An MBA or CFA is an advantage though not required;
• Demonstrated ability to build robust financial models and execute deep quantitative analysis;
• Solid experience in investment teams with an energy and/or social infrastructure focus or similar business deals with demonstrable achievements;
• Experience working on investments in Nigeria or similar frontier markets;
• Experience leading and managing teams;
• Strong investor network and experience managing stakeholder relationships;
• Passion for closing the energy access gap in Nigeria and dedication to providing support to the businesses that will lead this objective;
• Demonstrable proficiency in the use of Microsoft Office tools (Word, Excel, PowerPoint);
• Advanced written and oral communication skills with well laid out, easily understood analysis and presentations;
• Solution-oriented, highly analytical and thoughtful, plus a keen focus on the detail whilst appreciating the big picture;
• High energy levels, flexible and adaptive, with the ability to work well in a fast-paced environment.

Remuneration

• Competitive based on experience and expertise.

What we offer you (Benefits)

• At All On we're committed to investing in the development of your career and we give people with your skills a platform from which you can deliver, create substantial impact, and grow professionally with a fast-growing organization.
• All On is a company with shared values. Honesty, integrity and respect aren't simply a strap line, but are a part of everything we do. What's more, we're a company that places the highest possible value on the diversity of our people and on our inclusive approach.
• Join us and you’ll belong to a company where you can feel pride in your achievements in being one part of the solution for addressing Nigeria’s foundational development challenge – the provision of sustainable access to energy to all.

Application Closing Date
14th November, 2024.

How to Apply
Interested and qualified candidates should send their Cover Letter & Resume to: [email protected] using ''All On - Application for Senior Associate, Investment Advisory, All On Hub'' as the subject of the mail.