KPMG is a leading
provider of professional services, which include audit, tax and advisory.
KPMG’s International
Development Advisory Services Unit (IDAS) is based in Nairobi, Kenya and has
adopted a pan-African approach to development work, employing full-time
experienced development experts within the KPMG Africa team at our headquarters
in Nairobi, together with a network of champions across the twenty countries in
sub-Saharan Africa.
The AECF has
developed into a US$200 million fund spanning several countries in
Africa.
The AECF encourages
private sector companies to compete for investment support for new and
innovative business ideas that, while risky, will be commercially viable and
have a large positive development impact on rural areas across Africa.
The AECF awards
grants and interest free, non-recourse, loans (between US$250,000 and US$1.5m
per business) to successful applicants after demand-led (call for applications)
competitive bidding rounds.
The focus of the AECF is on agribusiness, access to financial services, renewable energy and adaptive climate technologies for people living in rural areas in general and for agriculture and agri-business enterprises in particular.
By the end of March 2013, the AECF had 102 ongoing funded businesses in its portfolio, with a further 80 at contract stage (across 22 countries in sub-Saharan Africa). The AECF is expected to grow substantially over the next few years.
KPMG IDAS wishes to recruit a Chief Operating Officer (COO) and an East Africa Director (EAD) for the AECF (or the Engagement) reporting to the AECF Director.
The posts will be
based at the AECF Headquarters, Nairobi, Kenya.
AECF Chief Operating Officer (COO)
Specific Terms of Reference
- The COO’s
primary task will be to support the AECF Director in all matters relating
to the AECF and its operations. He/she will ensure activities carried out
contribute to the successful delivery of the Engagement as a whole against
performance measures set out in the Fund Management Agreement between AGRA
and KPMG.
- In particular,
the COO will be expected to bring senior management experience to the
Engagement team and to use this experience to ensure that the AECF is
managed professionally, efficiently and effectively.
Qualifications
and experience
- An undergraduate
degree in business management, banking, agricultural economics or related
discipline (a post graduate degree or equivalent qualification in a
related discipline would also be preferable), with at least 15 years
experience in private sector or with a financial institution, ideally,
experience in lending to, or investing in, agribusiness in Sub-Sahara
Africa.
- Accounting
qualification such as CPA (K), ACA or ACCA would be a distinct advantage.
Knowledge of the international development sector in Sub-Sahara Africa
would be valuable.
Skills
and attributes
- Capable of
building and sustaining relationships with senior professionals across a
number of sectors and countries.
- Strong financial
and analytical skills.
- Professional
attitude to work and a clear work ethic.
- Ability to plan
and organise effectively and to work under pressure.
AECF East Africa Director (EAD)
Specific Terms of Reference
- The EAD’s
primary task will be to manage the operations of the AECF in Eastern
Africa. Currently, this consists of a portfolio of about 50 projects
(“investments” ranging from US$250,000 to US$1,500,000 each) in Kenya,
Uganda, Rwanda, Burundi, DRC, Ethiopia, South Sudan and
Somalia/Somaliland.
- He/she will
ensure activities carried out contribute to the successful delivery of the
Engagement as a whole against performance measures set out in the Fund
Management Agreement between AGRA and KPMG.
- In particular,
the EAD will be expected to bring senior investment management experience
to the Engagement team and to use this experience to ensure that the AECF
in Eastern Africa is managed professionally, efficiently and
effectively.
- The EAD, as a
KPMG Director and a member of the Engagement Senior Management Team (SMT)
will contribute to the success of the AECF as a whole.
Qualifications
and experience
- Graduate degree
in business management, agricultural economics, banking, investment,
accounting or related discipline (a post graduate degree or equivalent qualification
in a related discipline would also be preferable), with at least 15 years
experience in private sector or with a financial institution, ideally,
with experience in lending to, or investing in, agribusiness in Eastern
- AfricInvestment
banking experience and knowledge of the international development sector
would be a distinct advantage.
Skills
and attributes
- Capable of
building and sustaining relationships with project and project managers in
the East African countries.
- Strong
analytical, facilitation and writing skills.
- Professional
attitude to work and a clear work ethic.
Time
Inputs:
The Chief Operating
Officer (COO) and the East Africa Director (EAD) will be employed full-time on
a 3 year contract with possibility of extension.
If your career aspirations match this exciting opportunity, please forward your application letter and CV giving details of your qualifications and experience quoting IDAS/2013/07 COO for the Chief Operating Officer position and IDAS/2013/08 EAD for the East Africa Director position on or before Friday 31 May 2013 to dasrecruit@kpmg.co.ke. *Only the shortlisted candidates will be contacted*
