Principal Investment Officer - Bengaluru, India - Selco Foundation

Selco Foundation

Verified Company

Bengaluru, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Hiring for the position of the Principal Investment Officer:

Position:
Principal Investment Officer (full time, 3 months probation period)

Location:
Bengaluru

Reporting to:
Investment Committee

Starting date:
Immediate

Sector:
Social Venture Fund focusing on decentralized renewable energy enterprises

About SELCO Energy Access Fund:

SELCO Energy Access Fund is a social investment vehicle with a mandate to enhance energy access to under
- served populations. The Fund is fundamentally different from other social venture funds as the focus will be on entrepreneurs/enterprises who are unable to tap into other sources of funding due to social, demographic, language, education, cultural or other barriers. This Fund will attach more value to social returns than financial returns. It aims to fill a gap in the energy access ecosystem to provide access to patient capital and related capacity building for small, medium and large enterprises in India in order to pursue and deploy strong impact centred missions. The Fund supports (but is not limited to) early and seed stage energy enterprises in India.

Principal Investment Officer - Job profile:

The person will be part of the Core team and will be responsible for day-to-day management of the Fund with assistance on identification, selection, due diligence and monitoring & evaluation.

Primary role involves support in building pipelines, due diligence and potential investee analysis to create an integrated impact and financial report to be presented to investment committee.

Roles and Responsibilities:

Strategizing channels for identification of potential investees with a focus on channels that bring out enterprises other than "usual suspects".
Conduct due diligence on potential social enterprise investment opportunities in the target sector.
Preparing investment memorandums and presenting it to the investment committee
Assist in structuring the investment deal and prepare investment documentation
Assists to develop and manage relationships with investors and other partners
Participate in meetings, conferences and events led or attended by key stakeholders or potential partners in the sector
Ensure compliance with financial regulations, legislation and procedures with appropriate allied partners
Collect, compile and maintain due diligence related documents from shortlisted companies
Follow up with companies in completing documentation, suitable financial management and compliance requirements pending with various authorities
Preparation of reports in compliance with various regulatory authorities and ensuring strict adherence to timeline for the same
Support in analysis of financial and social data and information collected from companies against the benchmarks set
Regular updating of trackers, reporting formats and documents relating to the Fund
Support in cash flow management, accounting and preparation & maintenance of finance related documents and files so as to help them manage documentation related bottlenecks in investment process

Desirable experience:

Relevant professional qualification or work experience and/or Masters in the field of Finance
Minimum 5 to 8 years of experience in Investment Management
Experience in investment processes and ability to understand, interpret and advise on business and financial strategy for social enterprises
Experience of working in the renewable energy sector
Experience of working in the development sector
Experience in the implementation of systems and performance measurement processes
Ability to think creatively about investment solutions targeted at rural enterprises
Strong networking skills
Able to work independently and demonstrate initiative and tenacity in completing tasks
Willing to travel within the country