The Investment Officer is responsible for reviewing and managing the subsidiaries’ performance, achieving integration and synergies where possible and assisting in enhancing sales of subsidiaries. His/her role also includes supervising the execution of all group treasury, corporate finance, and financial risk management activities.
Functional Responsibilities for the Investment Team
Key Accountabilities
Review and management of performance of subsidiaries
- Assists the Subsidiaries’ Management in developing strategies
- Reviews and provides approval of business plans, budgets, investment plans, performance plans, senior resource plans, senior succession plans for all subsidiaries
- Supervises monitoring and control of performance of subsidiaries’ operating budgets versus plan, identifying key areas of variance
- Makes recommendations regarding corrective actions, validates action plans for change and monitors their implementation
- Reports to the Board on performance of subsidiaries
- Supervises the review of growth project appraisals of subsidiaries and the evaluation against corporate strategy
- Provides inputs for business planning, operating budgets and KPIs for the company, subsidiaries and affiliates
Integration of subsidiaries and realization of synergies
- Identifies subsidiaries for integration and potential synergies between subsidiaries
- Reviews and validates the plan to execute and control integration of subsidiaries
- Reviews and validates the plan to realize synergies between subsidiaries
- Reviews and validates business cases for integration and the realization of synergies
- Coordinates with the subsidiaries and team to implement the integration, provide post integration assistance and monitor KPIs
Sales enhancement of subsidiaries
- Assists in the formation of joint sales teams across subsidiaries that serve same clients
- Sets targets and encourage providing 1-stop-shop solution to key clients
- Drives sales efforts of similar solutions to clients
- Forms partnership with client accounts for providing services/products, materials, and equipment
Group Treasury & Corporate Finance
- Reviews and validates annual cash flow projections
- Evaluates and validates capital needs and ensure the activities required to acquire funding from financial institutions are undertaken, and that funding costs are optimized
- Evaluates company’s investment returns against the plan and the financial objectives set for by the CEO and the Board
Group Risk Management
- Defines risk control strategy in consultation with the Board
- Reviews and validates action plans to manage risks, including operational, financial, corporate & reputational risks
- Reviews and validates measures of risks, and the analysis for causes and implications
- Works with the Business Development Department to evaluate the risks (financial and otherwise) of potential investments and maintain a risk balanced portfolio of investment opportunities
Organizational Relationships
- Keeps CEO and members of the Investment Committee informed as to functional activities
- The focal point for all the subsidiaries’ CEOs, he/she regularly consults with, advises, and informs them on matters of performance management, integration and sales enhancement objectives and business growth, and reviews business opportunities
Reporting
- Oversees the preparation and generation of subsidiaries monthly and quarterly financial performance reports of actual results vs. budget and comparison to the previous year
- Highlights deviations from the original budget and raises questions to top management of the subsidiaries for clarification and justification
- Presents consolidated performance reports of subsidiaries to the company board of directors for review
Qualifications
- Minimum 10 years of relevant experience with at least 5 years in a senior management or similar role
- Bachelors (Masters preferred) degree in Finance
- CFA certification and MBA in business administration is preferable
- Demonstrates expertise in financial risk management
- Successful track record in the integration of companies and demonstration of substantial value
- Strong leadership and team-building skills
Technical Competencies
The below are technical competencies that are closely aligned with the key accountabilities:
Financial Analysis
- The ability to analyze financial statements and data to provide insights about the financial performance and position of the organization over time and in comparison.
Business Planning
- The ability to analyze business trends, implications, and options to devise holistic and plans.
Budgeting
- The ability to compile, formulate, present, and execute a budget over a specific period, as well as to monitor the use of expenditures.
Financial Reporting
- The ability to prepare financial reports and financial statements using appropriate regulatory requirements on the organization’s operations and financial conditions (including quality and sustainability reporting, customer profitability).
Marketing
- The ability to source, identify and assess current business and new business opportunities for market penetration.
Business Performance
- The ability to monitor, evaluate and quantify business performance, for a defined period, which may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities, and cash flows as well as non-financial metrics.