Investment Associate 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.

We are recruiting to fill the position below:

Job Title: Investment Associate

Location: Lagos
Employment Type: Full-time

What will you do?

• This position is responsible for supporting the All On impact investment deal process and investee management.

Candidate will be required to do the following:

• Process deals for angel stage business from “buy-side” appraisal through approval and closing, specific responsibilities to include:
  • Assessing historical financial statements of potential investees to enhance understanding of historical corporate performance and probability of the success of the proposed business model;
  • Financial modeling of investment opportunities with risked outcomes based on multiple scenarios; 
  • Proposing investment instruments and related terms of financing to be deployed for each opportunity;
  • Drafting of the various documents required for the deal approval process – including the deal narrative, valuation analysis, risks, investment justification, and deal economics; 
  • Undertaking financial, technical, and commercial due diligence and preparing related due diligence reports for each opportunity being developed;
  • Drafting and negotiating term sheets with counterparties based on the direction and approvals from the governance process.
  • Provide corporate finance or “sell-side” support to growth stage businesses. Specific responsibilities to include:
  • Reviewing of financial structure in order to advise on potential strategic or financial restructuring;
  • Financial modeling of business growth objectives with risked outcomes based on multiple scenarios, to determine investment requirements;
  • Seeking out appropriate investors for the opportunities;
  • Reviewing, drafting and negotiating term sheets and other relevant documents with counterparty in line with relevant governance processes;
  • Supporting the capital raise process as may be required.

What we need from you

• Bachelors or Master’s Degree in Finance, Economics, Mathematics, Accounting, or other related discipline.
• A minimum of 7 years of experience, including at least 6 years in investment banks, private equity and venture capital funds (impact or fully commercial), with a solid background in investment management and credit analysis.
• Demonstrated experience in deal delivery in top-tier commercial banks or Development Finance Institutions (DFIs).
• Solid experience in credit and structured finance with an energy and/or social infrastructure focus or similar business deals with a proven record of success and achievements.
• Chartered Finance Analyst (Preferred), ACA, ACCA or other equivalent professional qualification.
• Advanced proficiency with MS Office tools. Good financial modelling and research skills. Experience with financial tools such as Pitchbook, CapitalIQ is desirable.
• Strong sense of integrity, ethics and ownership, intellectual curiosity, excellent communication skills, solid stakeholder, and project management skills.

Remuneration
Competitive based on experience.

What we offer you:

• 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 problem.

Application Closing Date
14th April, 2025.

How to Apply
Interested and qualified candidates should send their Cover Letter and Resume to: HR@All-On.com  using "All On - Application for All On Investment Associate Position" as the subject of the email.