Executive Head - Investments and Fund Management

Secondments; Johannesburg; On-site; ZAR 1,000,000 - 1,300,000; Full time

Job summary

A leading investment management firm is seeking an experienced individual to oversee the Investments and Fund Management Division in Johannesburg. The role involves strategic planning, operational management, and financial oversight to ensure optimal outcomes and a strong investment portfolio. A minimum of 10 years' experience in project development and management is essential. The successful candidate will demonstrate superior financial modeling skills and effective team leadership.

Qualifications

• Minimum 10 years relevant experience, including project development and management.
• Technical knowledge of building components and property management.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Determine and manage strategic outcomes aligned with company objectives.
• Manage daily operations of the fund management business.
• Prepare and submit proposals for approval to relevant committees and the Board.

Skills

Financial modeling

Analytical skills

Problem-solving

Project management

Team leadership

Education

Honors Degree in Business, Finance, or Property Studies

CA (SA) or CFA advantageous

Job description

Responsibilities and Work Outputs

General

Strategic

• Determine and manage the strategic outcomes of the Investments and Fund Management Division in alignment with the company's strategic objectives.
• Collaborate with the CEO to develop new property investment products (sector-specific, themed, and in geographies outside SA) to attract third-party capital.
• Develop and establish strategic relationships with financiers of equity and debt.

Operational

• Manage daily operations of the fund management business, including financial and impact evaluation, stakeholder relationships, and team management of investment and management professionals.

Financial

• Set and achieve financial objectives for the fund management business aligned with overall company goals.

Investments and Fund Management

The Company Investments

• Source potential transactions for the company's principal investments, forming relationships with property brokers to generate opportunities.
• Prepare financial models to analyze potential returns under various risk scenarios.
• Prepare and submit proposals for approval to relevant committees and the Board.
• Source and negotiate project and investment debt finance, managing funding requirements and legal agreements.
• Monitor funding, covenant compliance, and default risks.
• Manage transactions from inception to completion, including monitoring and redevelopment if applicable, aiming for optimal exit strategies.
• Handle ongoing administration, accounting, and expense monitoring related to transactions.
• Participate in investment management meetings, guiding investment and operational mandates.
• Review investment performance regularly and report to investors.
• Develop investment strategies around interest rates.

South African Student Accommodation Impact Investments (SASAII)

• Manage the platform to achieve a 20% IRR target.
• Source capital from investors and build relationships with asset consultants and banks for debt funding.
• Engage in investor relations and stakeholder management.
• Identify and review investment opportunities aligned with the fund mandate.
• Set, review, and approve legal documents for transactions.
• Achieve financial close before capital deployment.
• Deploy capital during development and investment phases.
• Collaborate with asset managers on asset strategy and value extraction.
• Prepare and circulate reports (financial, ESG) to investors.
• Act as Key Person representing the Investment Manager to the platform.
• Establish governance frameworks and manage platform objectives and risks.
• Prepare periodic performance reports and coordinate meetings with investors and the board.
• Review and motivate investor distributions, ensuring compliance with agreements.

Momentum Property Opportunities Fund (MPOF)

• Manage the platform to deliver a 16% IRR.
• Build relationships with banking institutions for debt funding.
• Review investment opportunities and ensure timely financial close and deployment.
• Monitor investment performance and prepare investor reports.
• Ensure governance and risk management objectives are met.

Company Fund

• Manage the platform to achieve a 20% IRR.
• Monitor investment performance, ensure up-to-date accounts, and prepare investor reports.
• Coordinate investor meetings and ensure compliance with agreements.

Other Duties

• Identify, evaluate, and negotiate investment opportunities, including preparing agreements and securing payments.
• Manage investor records, distributions, and compliance with shareholder agreements.

Team Leadership

• Manage and lead the Investments and Fund Management team.
• Set KPIs, guide, and develop the team to meet objectives.

Skills and Qualifications

• Honors Degree in Business, Finance, or Property Studies; CA (SA) or CFA advantageous.
• Minimum 10 years relevant experience, including project development and management.
• Superior financial modeling and analytical skills.

Knowledge, Skills, and Abilities

• Technical knowledge of building components, property management, and workflow analysis.
• Strong management, problem-solving, and decision-making skills.
• Ability to work under pressure, meet deadlines, and travel as needed.