Senior Analyst, Metals & Mining (Investment) at Africa Finance Corporation (AFC)

Job Summary

• The incumbent, under supervision, will play a key role in the development andmanagement of AFC’s Metals & Mining activities. The key areas of responsibilitiesare: market & client research, credit and investment analysis, technical writing, duediligence, investment approval documentation and business performance trackingand reporting.  

Principal Duties and Responsibilities

Financial Modelling

• Conduct financial analysis and risk assessment on project proposals, including developing and interpreting financial models.
• Perform various corporate and asset valuation methods: comparable companies, precedent transactions and DCF;
• Perform corporate and project finance debt analysis and produce critical ratios for projects.

Investment Execution Support

• Assist with the preparation of transactions documents such as engagement letters proposals, presentations, Credit and Investment Memoranda, financial andvaluation analysis reports,  etc for AFC’s investment considerations (debt, equityetc).
• Participate in deal meetings as well as help maintain client relationships as required.
• Assist in administering the investment processes associated with deals e.g procurement of consultants, coordination across internal departmentsprocessing disbursement requests etc. 
• Perform due diligence, research, analysis, and documentation of live transactions;
• Assist the deal team with the development of recommendations for product offerings, private equity transactions, mergers and acquisitions, and valuations;
• Provide any additional support to the Metals & Mining team as required.

Deal Origination Support

• Assist with the development of presentations and proposals for debt/equity transactions
• Create presentations for clients to solicit mandates or in support of mandated transactions;
• Preparation of conference and sector slides

Research

• Work with the team to maintain databases on transactions and companies financials/multiples within the sector coverage;
• Keep abreast of and analyze the impact on clients of current events, critical issues, and relevant news.
• Undertake research and analysis on prospective clients, companies and industries to identify financial trends and issues. 
• Assist with all due diligence related activities as required.

Cross sector/divisional support:

• Prepare and review materials used in the financing of sponsor, including investment memoranda, management presentations and pitchbooks

Competencies

Skills

• Ability to conduct analysis of financial projections and impact of financing  variables through the preparation of financial models.
• Financial modelling skills.
• Experience of financial analysis and ability to develop complex financial models.
• Ability to respond to issues associated with project finance, corporate loans, equity investments and other investment considerations.
• Strong business writing, strong communication skills and excellent interpersonal skills
• Commitment to staying up to date on industry trends.
• Experience in the preparation of presentations of financial materials.
• Keen attention to detail and willingness to work hard.
• Experience with financial markets software and applications including Bloomberg, FactSet and Capital IQ.
• Demonstrated knowledge and application of financial tools for tracking projects.
• Fluency in writing and speaking English is mandatory. (Ability to write and speak French is desirable)
• Strong interest in development finance and multicultural environments.

Attributes

• Detail oriented with strong organisational skills. Must be able to manage a wide variety of tasks and requests competently on a daily basis.
• Flexibility and ability to work with limited supervision. A self starter, able to assume the initiative following basic leads provided by senior colleagues and team members.
• Strong team work capabilities, and able to work seamlessly with staff within the
• Department, Division and across the Corporation. Willingness to support other staff to achieve corporate goals.
• High level of creativity and capacity to execute innovative ideas or work with other team members of build up transaction ideas. 
• Ability to manage multiple business priorities within a regularly changing landscape. Able to work under pressure and meet challenging deadlines regularly.
• High degree of work ethic and motivation,
• A track record of taking initiative

Knowledge

• Advanced skill in the use of the Microsoft Office suite, especially Word, Excel and PowerPoint
• Experience in  financial analysis, financial models,  financial projections, and basic infrastructure project review knowledge.
• Knowledge of financial products, including: project and structured debt, private equity, mezzanine, treasury, capital markets, guarantees and project development.
• Basic credit and investment review capacity.
• Market knowledge of the Metals & Mining sector in Africa generally, and the infrastructure segment specifically, with basic knowledge of the key markets,sponsors and competitors.
• Strong research skills, with a clear capacity to develop research material usingpublicly available information, and by leveraging various networks and internalresources available.
• Commitment to staying up to date on industry trends in Infrastructure space

Key Performance Indicators

• Quality of Investment Memos, financial models, valuation and other ad hoc analyses, pitch decks and internal presentation decks
• Turnaround time and quality of analytical output
• Quality of output from research work on transactions, sector activity and market trends
• Quality and timing of all other assigned tasks

Minimum Qualifications& Other Requirements

Education

• A strong first degree in Engineering (focus in Mining) or Geology, Economics, Finance or other related field of study with a demonstrated understanding of financial concepts
• Relevant advanced degree e.g. Master’s Degree in Business Administration, Engineering, Finance, or a related field of study.
• A CFA designation, or the pursuit of a CFA designation will be an added advantage.

Experience

• 3 - 5 years of work experience with at least 2 years of experience in direct investing, corporate finance, investment banking, accounting, lending, private equity or financial advisory functions;
• Experience in the mining sector is a plus or added advantage