Ongoing Recruitment at PriceWaterHouseCooper, 27th August, 2018
PricewaterhouseCooper (PwC) - Our client, The Family Homes Funds Ltd is a limited liability company with the Federal Ministry of Finance and the Nigerian Sovereign Investment Authority as founding shareholders with a corporate office is located in F.C.T . Abuja.
We are recruiting to fill the position below:
Job Title: Chief Investment Officer_ FHF 001
Reference Number: 130-PEO00928
Location: Abuja
Department: People & Change Nigeria
Job type: Permanent
Corporate Governance
- Strategic direction and overall leadership is provided by the Board of Directors of whom a majority will be independent non executives.
- The appointment of the Board is expected to be completed by 30th September 2018. Day to day management of the Company is delegated to a 3 person senior leadership team headed by the Managing Director/Chief Executive Officer.
What We Do
Towards the achievement of its two core objectives, the Company will manage two funds:
- Homes Building Fund – Will provide debt and equity financing into eligible projects particularly those targeting people on low to medium incomes. The objective of the Homes Building Fund is to support development of new affordable housing through private and public sector partners. The financing opportunities are available in all states of the federation and the Federal Capital Territory. As at 30th June 2018, we have committed over N18bn towards the development of about 4000 homes. We expect to commit a further N100bn towards the development of 30,000 homes over the next 12 months.
- Homes Loans Assistance Fund - This fund will provide financing assistance to eligible home buyers. The facility is a key part of our strategy for improving affordability of home ownership towards people on low to medium income. By June 2019, we expect to have committed N25bn towards the programme.
In addition to the above we expect to roll out a Rental Housing Fund and a Land Development Fund over the next 18months.
Our work in these areas are underpinned by two key commitments:
- Partnerships - We can achieve much more collectively than any single player can individually. The Funds aims to build strong partnerships with a broad range of institutions and agencies to maximize every opportunity for enabling access to affordable housing for Nigerians, particularly those on low income.
- Innovation – We are committed to innovation across each area of our focus areas. This is an ongoing journey which will be shaped by the passion and commitment of our team to improve the quality of lives of the people we serve.
Roles & Responsibilities
- The Chief Investment Officer will be responsible for providing Strategic leadership in managing the Funds towards achieving the ambitious target of providing good quality and affordable homes to 500,000 families on low and medium income by 2023.
Specific Duties of the Position
- New business development; particularly investment opportunities in new affordable housing projects across the 36 states and the Federal Capital Territory of Nigeria;
- Develop strategic partnerships with large scale house builders/developers, financial institutions e.g. The Federal Ministry of Power, Works and Housing, State Governments and other industry players.
- Overall management of individual funds ensuring high quality origination and compliance with agreed risk acceptance policies geared towards long term sustainability.
- Ensure funds’ investments generate high social and environmental impact, particularly the creation of new jobs.
- Serve as the senior investment executive and expert in all aspects of Investment and Portfolio Management for the Fund, from ‘deal-flow to execution’
- Serve as a member of the Investment Committee and provide sound and fully supported recommendations and advice on the investment mandates as well as execute formulated investment strategy by sourcing and underwriting transactions
- Develop, evaluate and review deal-flow and project pipeline against investment strategy to ensure optimal and timely investment and performance
- Oversee financial, commercial, risk, tax and legal due diligences on the investments and recommend appropriate course of action
- Assess and present performance of the Fund’s investment and measure against appropriate benchmarks
- Monitor investments performance, including compliance and responsibility for any amendment or restructuring requirements
- Implement investment and risk management policies in line with the Funds’ mandate.
- Manage and develop team of investment management professionals.
Requirements
- Recent experience of managing a $100-$500 million portfolio strongly preferred
- 15+ years of senior level real estate investment management or similar expertise, including deal origination, appraisals and documentation
- Must be eligible for accreditation as a registered sponsored individual by the Security and Exchange Commission (SEC)
- Demonstrated business development skills, including building sustainable client relationships.
- Strong communications skills.
- CFA and/or MBA in Finance or similar qualification from a top-tier program
- Flexibility to meet changing needs and priorities.
- Significant experience with Boards, preferably with a Financial Institution or REPE Funds exposure.
- An interest in and desire to contribute to the objectives and vision of the Family Homes Funds to house 500,000 Nigerians on low/medium income by 2023.
Skills and Competencies:
- Creative marketing and Resilience
- Risk Monitoring and Control
- Strategy planning and implementation
- Leadership/ Team work
- Relationship Management
- Analytical Thinking
- Business development and continuity management
- Decisiveness
- Property law/ Property Valuation
- Business Continuity Planning and Management
- Verbal and Written Communication
- Budget preparation, interpretation, appropriation and monitoring
- Negotiation
- Attention to detail
- Project Management
- Underwriting
Interested and qualified candidates should:
Click here to apply
Job Title: Communication Officer_ FHF 009
Reference Number: 130-PEO00929
Location: Abuja
Department: People & Change Nigeria
Job type: Permanent
The Company
The Family Homes Funds Limited is a limited liability company with the Federal Ministry of Finance and the Nigerian Sovereign Investment Authority as founding shareholders with a corporate office is located in F.C.T . Abuja. The Funds will be the largest affordable housing focused fund manager in Sub- Sahara Africa deploying capital in excess of N1trn towards two core objectives:
- Supporting access to affordable housing for at least 500,000 families on low to medium income by 2023 through strategic partnerships with various players in the sector and some of the world’s main Development Finance Institutions.
- Take advantage of the opportunity a large- scale house building programme offers to create at least 1,500,000 jobs which are sustainable and offer families security, improved quality of life and hope
Corporate Governance
Strategic direction and overall leadership is provided by the Board of Directors of whom a majority will be independent non executives. The appointment of the Board is expected to be completed by 30th September 2018. Day to day management of the Company is delegated to a 3 person senior leadership team headed by the Managing Director/Chief Executive Officer.
What We Do
Towards the achievement of its two core objectives, the Company will manage two funds:
- Homes Building Fund – Will provide debt and equity financing into eligible projects particularly those targeting people on low to medium incomes. The objective of the Homes Building Fund is to support development of new affordable housing through private and public sector partners. The financing opportunities are available in all states of the federation and the Federal Capital Territory. As at 30th June 2018, we have committed over N18bn towards the development of about 4000 homes. We expect to commit a further N100bn towards the development of 30,000 homes over the next 12 months.
- Homes Loans Assistance Fund – This fund will provide financing assistance to eligible home buyers. The facility is a key part of our strategy for improving affordability of home ownership towards people on low to medium income. By June 2019, we expect to have committed N25bn towards the programme.
In addition to the above we expect to roll out a Rental Housing Fund and a Land Development Fund over the next 18months.
Our work in these areas are underpinned by two key commitments:
- Partnerships - We can achieve much more collectively than any single player can individually. The Funds aims to build strong partnerships with a broad range of institutions and agencies to maximize every opportunity for enabling access to affordable housing for Nigerians, particularly those on low income.
- Innovation – We are committed to innovation across each area of our focus areas. This is an ongoing journey which will be shaped by the passion and commitment of our team to improve the quality of lives of the people we serve.
Roles & Responsibilities
- The Communication officer will manage FHF's communication with various stakeholders. The job holder will be required to create and implement communications strategies that promote a reputable and professional brand.
- He/she will be tasked with establishing productive relationships with key media stakeholders and policymakers in a bid to increase FHFL’s visibility and brand equity.
Specific Duties of the Position
- Develop, support and promote FHF’s goals, including message development, social media content creation and media outreach
- Develop and disseminate high quality public relations materials that increase our visibility among stakeholders and lawmakers
- Oversee, monitor and supports all press relations and reactions to business incidences that may occur
- Build and maintain relationships with journalists, bloggers, investors and customer audiences that will help advance FHF’s brand
- Ensure digital marketing content aligns with FHF brand’s identity and message, and assist with marketing campaigns as needed
- Work closely with management to develop and strengthen employee engagement activities
Requirements
- At least a Bachelor’s degree in Communications, Journalism, Public Relations or related field
- A minimum of 5 years’ experience in communications strategy development (some experience in customer relations is an advantage)
- Excellent written and verbal communication skills
- Knowledge of digital marketing tactics, such as SEO and email marketing would be an advantage
- Excellent critical thinking skills and the ability to exercise good judgment and solve problems quickly and effectively
- Great interpersonal skills
- Excellent communication skills (written and verbal)
- Strong attention to detail
Additional Information
Skills and Competencies:
- Tact and Diplomacy
- Prowess in Market Evaluation
- Relationship Management
- Leadership
- Excellent written and verbal communication skills
- Knowledge of Law and Regulatory Policies
- Problem solving, numerical & analytical skills
- Risk Management
- Print and Agency Management
- Public relations
- Stakeholder Management
- Research Expertise
- Corporate Finance
- Negotiation
- Issue Management
- Communication
Interested and qualified candidate should:
Click here to apply
Job Title: Chief Finance Officer_FHF 002
Reference Number: 130-PEO00927
Location: Abuja
Department: People & Change Nigeria
Job type: Permanent
Roles & Responsibilities
- Develop and oversee a disciplined, structured approach to strategic, operational and financial planning
- Coordinate the Funds’ budgeting process including planning and coordinating the timely preparation of annual budget estimates as well as track expenditure to ensure realization of strategic objectives
- Ensure timeliness and accuracy of financial and management reporting data for investors and company’s board of directors
- Oversee effectiveness of the accounting processes including proper functioning of all systems and databases, annual audit process and preparation of the Fund’s annual account.
- Monitor and evaluate the Funds’ short and long-term funding needs and develop strategies and plans for financing
- Ensure provision of appropriate computing and data management services necessary to support the efficient operation of the Funds from time to time;
- Oversee the development and operation of an effective HR Function;
- Develop and manage key relationships with relevant external bodies/contacts e.g. regulatory organisations auditors, solicitors, banks etc. to facilitate effective business operations
- Continuous assessment of the Funds’ capital, liquidity, foreign exchange and interest rate positions and develop strategies and plans for financing
- Facilitate the efficient operation of the Funds and cater for Disaster recovery and Business Continuity in event of business crisis
Requirements
- At least 15 years Senior level financial management expertise, including taxation, compliance, reporting and legal issues
- Master's degree in Finance, Economics, Advanced Mathematics or similar discipline
- Relevant professional certifications e.g ACA, ACCA, CFA
- Ability to establish controls around financial data used in executive management information
- Significant experience in working with, advising and/or supporting Boards, preferably with a Financial Institution or PE Funds exposure.
- Ability to understand information technology systems, especially business systems.
Skills and Competencies:
- Financial Planning and Analysis
- Financial modelling and analysis
- Relationship Management
- Leadership
- Budgeting, financial forecasting and cost control
- Tax planning and Management
- Problem solving, numerical & analytical skills
- Risk Management
- Investment planning and portfolio Management
- Knowledge of relevant Accounting software
- Stakeholder Management
- Financial Management Reporting
- Corporate Finance
- Negotiation
- Capital Raising and Treasury management
- Communication
- Interpersonal Skills
- Politically savvy
- Project Management.
Interested and qualified candidate should:
Click here to apply
Job Title: Head of Treasury_FHF 008
Reference Number: 130-PEO00931
Location: Abuja
Department: People & Change Nigeria
Job type: Permanent
Corporate Governance
- Strategic direction and overall leadership is provided by the Board of Directors of whom a majority will be independent non executives. The appointment of the Board is expected to be completed by 30th September 2018. Day to day management of the Company is delegated to a 3 person senior leadership team headed by the Managing Director/Chief Executive Officer.
What We Do
Towards the achievement of its two core objectives, the Company will manage two funds:
- Homes Building Fund – Will provide debt and equity financing into eligible projects particularly those targeting people on low to medium incomes. The objective of the Homes Building Fund is to support development of new affordable housing through private and public sector partners. The financing opportunities are available in all states of the federation and the Federal Capital Territory. As at 30th June 2018, we have committed over N18bn towards the development of about 4000 homes. We expect to commit a further N100bn towards the development of 30,000 homes over the next 12 months.
- Homes Loans Assistance Fund – This fund will provide financing assistance to eligible home buyers. The facility is a key part of our strategy for improving affordability of home ownership towards people on low to medium income. By June 2019, we expect to have committed N25bn towards the programme.
In addition to the above we expect to roll out a Rental Housing Fund and a Land Development Fund over the next 18months.
Our work in these areas are underpinned by two key commitments:
- Partnerships - We can achieve much more collectively than any single player can individually. The Funds aims to build strong partnerships with a broad range of institutions and agencies to maximize every opportunity for enabling access to affordable housing for Nigerians, particularly those on low income.
- Innovation – We are committed to innovation across each area of our focus areas. This is an ongoing journey which will be shaped by the passion and commitment of our team to improve the quality of lives of the people we serve.
Roles & Responsibilities
- The Head of Treasury will be responsible for corporate liquidity, investments, and risk management related to the company's financial activities. He/she will be expected to manage and forecast cash flow positions, oversee funding and borrowing needs, and make funds available for investment in projects.
Specific Duties of the Position
- Forecast cash flow positions, related borrowing needs, and funds available for investment
- Manage and report on Treasury activities
- Support the Senior Management team in relation to generating and hedging Capital
- Monitor the activities of third parties handling outsourced treasury functions on behalf of the company
- Advise management on the liquidity aspects of its short- and long-range planning
- Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
- Ensure compliance with internal controls, policies and procedures as well as with regulatory Treasury policies.
Requirements
- Over 10 cumulative years of experience in Treasury Management. .
- An MBA, Master's degree in Finance, Economics, Advanced Mathematics or similar discipline.
- Strong analytical, financial and systems skills are required.
- Experience working in global business environment is a plus.
- Certified Treasury Professional designation.
- Great interpersonal skills
- Excellent communication skills (written and verbal)
- Strong attention to detail
Skills and Competencies:
- Financial Planning and Analysis
- Financial modelling and analysis
- Relationship Management
- Leadership
- Budgeting, financial forecasting and cost control
- Capital Raising and Treasury
- Problem solving, numerical & analytical skills
- Risk Management
- Capital Market Operations
- Investment planning and portfolio Management
- Knowledge of relevant treasury software
- Stakeholder Management
- Financial Management Reporting
- Corporate Finance
- Negotiation
- Treasury Management
- Communication.
Interested and qualified candidate should:
Click here to apply
Job Title: Strategy & Business Performance Manager_ FHF 006
Reference Number: 130-PEO00934
Location: Abuja
Department: People & Change Nigeria
Job type: Permanent
Roles & Responsibilities
- The Strategy and Business Performance Manager would oversee the development, management and measurement of FHF’s strategy and performance.
- The job holder will develop and manage the performance management framework for determining business, social and environmental impact of FHF’s activities.
Specific Duties of the Position
- Establish performance management framework, metrics for managing and measuring the impact of FHF’s activities
- Implement, monitor and achieve targets for health and safety, customer satisfaction, quality, and commercial outputs as well as the design, development and implementation of consistent operating standards and processes
- Develop, co-ordinate implementation and monitor FHFL‘s Social and Environmental Management strategies to promote sustainable development
- Develop dashboards for monitoring business and strategy performance
- Serve as an internal monitoring and evaluation unit for FHFL.
Requirements
- Over 7 years cumulative years of experience in Strategy and Business Management
- An MBA, Master’s degree or similar discipline
- Strong analytical, financial and systems skills are required.
- Strong evidence of leading the successful delivery of Housing projects in a Strategy / project manager or similar capacity.
- Experience working in a global business environment a plus.
- Good knowledge and awareness of Social and Environmental Management Systems
- Strong research, analytical and problem solving skills
- Strong Microsoft Excel skills would be an advantage
- Possess project management certification
Additional Information
Skills and Competencies:
- Project Management
- Knowledge of EMS
- Policy, Legislation and Standards
- Analytical and Problem Solving Skills
- Negotiation
- Leadership
- Commercial Awareness
- Communication
- Relationship Management
- Risk Management
- Stakeholder Management
Interested and qualified candidates should:
Click here to apply
Job Title: Head of Finance_ FHF 007
Reference Number: 130-PEO00930
Location: Abuja
Department: People & Change Nigeria
Job Type: Permanent
Roles & Responsibilities
- The Head of Finance will report to the CFO and will be responsible for developing and managing the general accounting and finance practice of FHFL.
- The role holder will be responsible for the daily execution of matters as they relate to finance, accounting & taxation, inventory & budget management, expense management, supplier management etc
Specific Duties of the Position
- Set up the finance and accounting function and ensure relevant structures needed for its operation are put in place.
- Coordinate the planning, development and implementation of company’s budget in line with overall objectives
- Coordinate the preparation of financial statements, financial reports, management reports, ledgers and payroll
- Examine means to enhance growth by ensuring effective use of corporate assets taking into consideration the financial and operational risk appetite of the company
- Coordinates the timely and accurate filing of applicable tax returns, insurance premiums and remittance of statutory fees.
- Prepare and submit timely report to management on the key activities within the department
- Prepare financial reports in accordance with local and regulatory accounting principles and ensure compliance with the accounting policies and procedures of the company in line with the standards set by the Financial Reporting Council and IFRS
- Identify and propose improvement to ensure Financial & Management Information Systems are functional to support financial reporting
- Manage and appraise the performance of staff within the finance department
Requirements
- Minimum of a Master’s Degree in Business, Accounting, Economics, Math, or a related field
- Minimum of 10 years post-graduation experience, 4 of which must have been in a Management position interfacing with the Executive team and Financial partners
- Must be a chartered accountant ACCA/ ICAN
- Work experience within Finance Management experience in an investment or asset management or a private equity firm is required
- Experience of statutory financial reporting and knowledge of GAAP, IFRS
- Proven track record in construction and developmental projects
Additional Information
Skills and Competencies:
- Financial Planning and Analysis
- Book Keeping
- Budgeting, financial forecasting and cost control
- Relationship Management
- Tax planning and Management
- Investment planning and portfolio Management
- Problem solving, numerical & analytical skills
- Negotiation
- Knowledge of relevant Accounting software
- Corporate Finance
- Risk Management
- Stakeholder Management
- Financial Management Reporting
- Capital Raising and Treasury
- Leadership
- Communication
Interested and qualified candidate should:
Click here to apply
Job Title: Land and Partnership Manager_ FHF 004
Reference Number: 130-PEO00933
Location: Abuja
Department: People & Change Nigeria
Job type: Permanent
Roles & Responsibilities
- The Land and Partnership Manager will pro-actively execute land acquisition through partnership with State Governments, the F.C.T., MDAs and other agencies.
- The job holder will be responsible for developing and delivering FHFL’s land bank strategy and initiatives ensuring management of downside risks, improving business performance and maximizing value for money.
Specific Duties of the Position
- Identify, assess, pursue and process potential land and land partnership opportunities suitable for the business in accordance with FHFL’s Site Selection Criteria
- Develop and execute a land bank strategy
- Lead and supervise preparation of proposal and bid submissions
- Legal agreement negotiations on lands and projects
- Negotiate land values with the involvement of Senior management
- Oversee all aspects of land acquisition processes
- Ensure accurate Site Assessment Reports
- Appoint and work with solicitors in the production of all legal documentation in respect of all land purchases within the required timescales.
- Ensure all contracts and land transfers are in line with company requirements.
- Prepare regular updates and reports as required by top management
- Develop relationships with potential partners at the States and Federal level
Requirements
- Over 10 cumulative years of experience in land acquisition
- Bachelors in Law, Estate Survey and Management or any related field, or the equivalent work experience
- Master's Degree in Law, Finance, Economics, or similar discipline is desirable
- Ability to develop land acquisition methods and plans
- Knowledge of local land acquisition laws and issues
- Relationships with critical stakeholders within the land acquisition and reals estate value chain
- Ability to multitask several projects at a particular time and highly organized
- Great interpersonal skills
- Excellent communication skills (written and verbal)
- Strong attention to detail
Additional Information
Skills and Competencies:
- Relationship Development and Management
- Communication and Influencing
- Result Oriented
- Leadership
- Self-Confidence
- Knowledge of Land and Regulatory Legislation
- Project Management
- Problem solving, numerical & analytical skills
- Risk Management
- Investment planning and portfolio Management
- Land and Property Evaluation
- Stakeholder Alignment and Management
- Flexible & adaptable
- Conflict Resolution
- Negotiation
- Deal- Making
- Self-Driven.
Interested and qualified candidate should:
Click here to apply
Application Deadline 17th September, 2018.