Development Finance Officer (Projects) ×2

Purpose of the Job

To review funding applications, business plans and rental space applications (appraisals); manage the LNDC’s investment projects portfolio from initial evaluation to implementation and monitoring stages; and perform desk officer duties on LNDC equity portfolio.  The Officer will also perform financial appraisals on DF instruments (Partial Credit Guarantee – PCG; Quasi Equity; Project Preparation Fund - PPF). The incumbent reports to the Development Finance Manager (Projects).

Key responsibilities

The successful candidate will be accountable for the following functions:

• Perform comprehensive financial due diligence on investment opportunities and rental space applications to ascertain project risk, viability and determine financing needs;
• Prepare multi-dimensional investment memorandums for presentation to Investment and Allocation Committees;
• Review and process project agreements;
• Liaises with PFIs to address questions and concerns about guaranteed loans (PCG).
• Monitor performance of LNDC’s equity investments and act as desk officer for subsidiaries;
• Facilitation and participation in preparation of rescue plans for ailing equity companies;
• Preparation of periodic reports on the status of the portfolio companies;
• Ensure adherence to LNDC credit and investment policies and procedures;
• Engage with potential investors and applicants to understand their needs, answer their questions and collect information; originate proposals for DF instruments; and
• Perform assessments of investment opportunities based on application information and business proposals to identify pipeline of viable projects; and qualifying applications on development finance instruments.

Knowledge, skills and behavioural attributes

• Experience conducting financial due diligence, including financial statement analysis, cash flow forecasts and trend/ratio analysis.
  • Strong understanding of credit guarantee schemes.
  • Excellent knowledge of credit processes, policies and procedures.
  • Experience in credit and financial analysis experience.
  • Excellent analytical, interpersonal, organisational and communication skills
• Ability to manage multiple projects simultaneously.
• Strong computer skills, especially in Microsoft Excel.
  • Strong computer experience

Qualifications and Experience

Degree in Development Finance, Finance, Accounting, Economics, Business Administration, Statistics or similar field

Minimum of 3 years’ experience in credit management environment or similar environment. A qualification or experience in project management will be an added advantage.

Term of Contract

Permanent and Pensionable terms

Remuneration and Benefits

The Corporation offers a competitive remuneration package for the position

How to Apply:

Interested, suitably qualified and experienced candidates should email their applications accompanied by educational certificates and transcripts in PDF FORMAT ONLY to recruitment@lndc.org.ls. Job title must be used as the subject heading. Closing date is Wednesday 18^th August 2021 at 17:00.

To apply, candidates MUST download and fill an application form. Detailed job descriptions are also available on the website.

Enquires: HR Office - +266 2231 2012

Disclaimer: Only short-listed applicants will be contacted.  The Corporation reserves a right to appoint suitable candidates that meet application requirements. No late applications will be accepted