Job description
Reporting to the Managing Partners, the Portfolio Principal will be part of Portfolio Operations team that will be directly responsible for supporting current and prospective portfolio companies to ensure the investment plan is being executed to create value by delivering growth.
The Portfolio Principal will also be expected to serve as a member of the board of directors on various portfolio companies, and may from time to time need to act as an interim CEO in portfolio companies.
Principal Accountabilities:
Leadership:
Be critical part of portfolio management function
Board participation on Board of Directors and Board Committees portfolio companies, ensuring that the management are following the investment plan and strategy
Responsibility for leading the strategy of the business, with the ability to facilitate at strategy meetings
Supervise the hiring of management of portfolio companies
Ensure the constitution of appropriate and effective Boards
Ensure timely performance appraisals of senior management
Portfolio Management:
Provide portfolio oversight across the whole portfolio
Review and advise on valuation reports
Actively lead in management and board meetings, and contribute with industry, sector and deal knowledge
Monitor and address portfolio performance including periodic updates and strategic reviews
Work directly with portfolio company management to lead a variety of projects and long-term strategy; potential progression to senior management roles in portfolio companies if appropriate
Oversee company operations to insure production efficiency, product and service quality, and cost effective management of resources
Provide general management experience with a record of achieving and maintaining profitability in difficult operating environments. Must have a bias toward hands on management and a sense of urgency
Hold management accountable for tracking against financial/KPI performance and lead short-term projects
Advise on growth opportunities for portfolio companies:
Leverage on industry, in-country and international networks to identify appropriate independent Board members for portfolio companies
Supervise implementation of Environmental and Social Action Plans (ESAP) for all portfolio companies
Use extensive knowledge of the competitive landscape to ensure risks due to rivalry and new market entrants are mitigated
Identify company-specific and market risks, and ensure they are mitigated
Where the PSC doesn’t have the capacity or capability, he will identify external resources that would supplement (with appropriate approvals).
Mergers and Acquisition:
Leverage on local and regional networks to identify and pursue acquisition targets for portfolio companies where appropriate
Contribute to the pre-acquisition due diligence team and provide detailed and insightful analysis of the primary risks and opportunities of a target company.
Establish a relationship with management and gain their confidence in order to facilitate the deals
Supervise development of Board skills matrix
Contribute (with Investment Team) to the development of the 100 day, 1 and 5 year plans
Qualifications
Bachelor’s degree in economics, finance, engineering or related field preferably augmented with an MBA/CFA or CPA qualification
10 – 15 years’ hands-on commercial operational business role such as COO, CEO preceded by a senior finance, investments or consulting role
Exemplary commercial judgement & understanding of operating companies and financial concepts
Ability to work through board committees such as the Audit, RemCO and FinCO
Understanding of commercial operations, logistics, distribution, purchasing/procurement and costing especially for FMCG
Experience as an entrepreneur or business manager, or show successful track record in personal investment making decisions
Extensive past experience in turning around ailing companies
A solid understanding of accounting and financial statement analysis
Track record of developing strategies and leadership teams, and ability to leverage professional network to support portfolio company and enhance value

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