Vacancy title:
Chief Investment Officer
Jobs at:
Shugulika Africa LimitedDeadline of this Job:
Thursday, July 27 2023
Summary
Date Posted: Tuesday, July 18 2023, Base Salary: Not Disclosed
JOB DETAILS:
Job Summary:
We're looking for a Chief Investment Officer who can help us achieve our financial goals. The ideal candidate will have a deep understanding of the financial markets and be able to make sound investment decisions. They will also be able to effectively communicate their recommendations to the rest of the team. Develop, implement, and maintain portfolio strategies and processes; monitor performance, including cost, risk, cash flow, and liquidity; and collaborate with other departments, including risk, compliance, and operations. At the same time, the recruit would be required to assist in the smooth functioning of the department.
Job Responsibilities:
• Develop, implement, and maintain portfolio strategies and processes; monitor performance, including cost, risk, cash flow, and liquidity; and collaborate with other departments, including risk, compliance, and operations.
• Develop and execute investment plans and strategies based on trends in financial markets, macroeconomic conditions, and company strategy, and collaborate with other executives in the development of short- and long-term capital allocation plans.
• Perform ongoing performance benchmarking to assess investment performance.
• Prepare accounting analyses, reports, and prospectuses, including establishing and maintaining accounting policies and procedures; forecasting future cash flows; and resolving accounting discrepancies.
• Develop and maintain reporting systems, analyze the results, and present the findings in detailed reports.
• Develop and monitor annual operating budgets, including preparing, submitting, and monitoring quarterly forecast adjustments.
• Monitor cash requirements and liquidity, including preparation of variance analysis.
• Provide oversight and due diligence for existing investment portfolios.
• Provide corporate investment policy guidance to the company.
• Manage and oversee the investment committee.
• Develop and oversee investment policies and procedures.
• Advise the board of directors and management on all corporate investment issues.
• Propose investment recommendations to senior management.
• Evaluate financial plans for new investment opportunities.
• Prepare appropriate investment paperwork.
• Provide all appropriate and necessary reports to management.
• Any other duty as may be assigned by the supervisor.
Requirements
• Bachelor’s degree in finance, economics, accounting, or business administration.
• 5+ years’ experience managing dedicated or pooled portfolios of investments.
• Working with a bank in the same profile will be preferred.
• Ability to understand and navigate global markets, and knowledge of equity and fixed-income markets.
• Knowledge of financial regulations, accounting practices, and investment strategies.
• Experience ideally with an investment practice background.
• Experience in managing a finance function in a fast-moving, rapidly growing environment.
• Experience in managing across different cultures, and across multiple jurisdictions/time zones due to RI relationships.
• Poise and confidence to operate at the board level.
• Eye for detail and diligence to ensure the accuracy of systems and processes.
• Proven ability to drive efficiency and process reviews across an international organization.
• Commercially astute individual, capable of strategic thinking and sound judgment.
• Excellent analytical, communication, and influencing skills.
• Understanding of Tanzania tax regime preferred.
• Conversant with financial reporting requirements and ability to prepare reliable & accurate reports, analyze and interpret.
• Basic knowledge of applicable, Taxation Laws and other applicable laws/regulations.
• Knowledge of data analytics, forecasting methods, and MS Office (Excel, Word, PowerPoint, etc.).
• Analytical mind and comfortable with numbers.
• Ability to deliver/ complete assignments timely.
• Good communication and people skills.
• Honest, confident, and have high integrity.
• Fluent in English and Swahili.
• Reliable and ethical with a high degree of integrity.
• Able to get on with others and be a team player.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Interested and Qualified, Click Here To Apply
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