Recruitment at All On Partnerships for Energy Access Limited by Guarantee

All On Partnerships for Energy Access Limited by Guarantee – Nigeria has a 175,000MW power gap and an estimated 28 million households and 11 million SMEs that are either off grid or receive less than four hours of power per day (bad grid). This amounts to 140 million people living without access to reliable and affordable power. Addressing the access-to-energy challenge in Nigeria requires a combination of both the traditional large-scale power generation approaches and distributed power innovations that are smaller scale, lower cost, and quicker to market. All On Partnerships for Energy Access (‘All On’) was established by Shell as an impact investing company to work with partners to increase access to commercial energy products and services for the under-served and un-served off-grid markets in Nigeria, with a focus on the Niger Delta region.

All On builds values-driven local and international partnerships to help scale business models. It seeks both financial returns and social impact – to provide and/or improve access-to-energy for millions of households and SMEs. All On invests debt and equity capital to early and growth-stage businesses in Nigeria’s nascent off-grid sector. Due to the scale of the energy access gap in Nigeria, All On also partners with other financing institutions to develop enabling finance facilities that all businesses in the Nigerian off-grid energy sector can access. All On also delivers capacity building support to its portfolio of early-stage ventures via the All On Hub. This platform supports almost 100 ventures through programmes, delivery of technical support and business development support in order to catalyze their growth and amplify their impact the Nigerian off-grid energy sector.

We are recruiting to fill the position below:

Job Title: Senior Associate, Investment Advisory, All On Hub

Location: Nigeria
Employment Type: Full-time
Reports to: All On Hub Manager.

What you will do (Responsibilities)

• Deliver transactions advisory or “sell-side” support to early-stage companies, specific responsibilities to include:
• Reviewing financial structure to advise on potential strategic or financial restructuring,
• Developing comprehensive financial models, reflecting business growth objectives to determine funding requirements,
• Supporting the preparation and review of investment material such as pitch decks, information memoranda and business plans,
• Guiding the set-up and management of the data room,
• Building an investor universe and targeting investors on behalf of Hub-supported companies,
• Supporting the capital raise process as may be required,
• Reviewing, drafting and negotiating term sheets and other relevant documents,
• Supporting the close-out of transaction conditions precedent, as required.

Supervise all aspects of Investment Advisory and Financial Analysis activities of the All On Hub portfolio:

• Managing relationships with supported companies and understanding their needs;
• Managing the quality and delivery of analysis, advisory and reporting requirements;
• Managing relationships with investors and financiers, and positioning All On investees/supported companies for funding;
• Implementing appropriate controls and procedures, and maintaining robust activity tracking system(s);

Manage deals for angel stage business, from “buy-side” appraisal through to approval and closing, specific responsibilities to include:

• Assessing historical financials of potential investees to enhance understanding of corporate performance and determine likelihood of the success,
• Financial modeling of investment opportunities with scenario-based risk outcomes,
• Proposing appropriate capital mix and financing structure,
• Drafting of the various documents required for the deal approval process,
• Undertaking financial, technical, and commercial due diligence and preparing related due diligence reports for each opportunity being developed,
• Drafting and negotiating term sheet with counterparty based on the direction and approvals of the governance process.

Manage the grants administration process for the portfolio, by:

• Setting delivery milestones for new performance-based grants,
• Establishing and implementing a review process for project milestone deliverables,
• Ensuring the timely payout of funding tranches against completed project milestones,
• Resolving project or payment bottlenecks promptly,
• Maintaining an efficient grants management tracking tool for analytical and reporting purposes.

What we need from you (Requirements)

• Minimum 10 years’ experience in a strong investments management and deal structuring environment, or transactions advisory environment;
• Undergraduate degree from a reputable institution in finance, economics, mathematics, or business administration. An MBA or CFA is an advantage though not required;
• Demonstrated ability to build robust financial models and execute deep quantitative analysis;
• Solid experience in investment teams with an energy and/or social infrastructure focus or similar business deals with demonstrable achievements;
• Experience working on investments in Nigeria or similar frontier markets;
• Experience leading and managing teams;
• Strong investor network and experience managing stakeholder relationships;
• Passion for closing the energy access gap in Nigeria and dedication to providing support to the businesses that will lead this objective;
• Demonstrable proficiency in the use of Microsoft Office tools (Word, Excel, PowerPoint);
• Advanced written and oral communication skills with well laid out, easily understood analysis and presentations;
• Solution-oriented, highly analytical and thoughtful, plus a keen focus on the detail whilst appreciating the big picture;
• High energy levels, flexible and adaptive, with the ability to work well in a fast-paced environment.

Remuneration

• Competitive based on experience and expertise.

What we offer you (Benefits)

• At All On we’re committed to investing in the development of your career and we give people with your skills a platform from which you can deliver, create substantial impact, and grow professionally with a fast-growing organization.
• All On is a company with shared values. Honesty, integrity and respect aren’t simply a strap line, but are a part of everything we do. What’s more, we’re a company that places the highest possible value on the diversity of our people and on our inclusive approach.
• Join us and you’ll belong to a company where you can feel pride in your achievements in being one part of the solution for addressing Nigeria’s foundational development challenge – the provision of sustainable access to energy to all.

Application Closing Date
14th November, 2024.

How to Apply
Interested and qualified candidates should send their Cover Letter & Resume to: hr@all-on.com using ”All On – Application for Senior Associate, Investment Advisory, All On Hub” as the subject of the mail.

Job Title: Associate, Business Advisory, All On Hub

Location: Nigeria
Employment Type: Full Time

About the Role

• The All On Hub Business Advisory Associate role is a mid-level position with responsibility for providing business, functional, financial, communications, and strategic support to All On Hub ventures.
• In this interesting and challenging role, you will make an impact by helping these energy-access ventures effectively resolve their capacity gaps and challenges, and prepare them for growth opportunities and support their project development efforts. Strong analytical, coordination, and communication skills are required.
• This role reports to the All On Hub Manager or delegate.

What you will do (Responsibilities)
Business Advisory:

• Provide business, functional and strategy support to the selected All On Hub businesses.
• Anticipate and identify risks and gaps for Hub-supported businesses and develop mitigations.
• Providing strategic, commercial and financial advice spanning the full lifecycle of infrastructure projects to project developers
• Identify where additional support is required from contracted professional service providers and coordinate delivery of required services to the Hub supported businesses.
• Day-to-day coordination of professional service providers delivering support in specific functional areas.

Program Development:

• Support the design, development and implementation of the All On Hub’s programs, and other strategic initiatives of the Hub.
• Support the All On Hub Manager and team in ensuring the Hub’s workplan milestones are achieved and targets met.

Reporting:

• Support the delivery of periodic and ad hoc reporting requirements to the Hub’s various stakeholders including funding partners, strategic partners, All On board and committees.
• Manage the collation and analysis of data and metrics for the purpose of reporting and decision-making.

Grants administration:

• Setting delivery milestones for new performance-based grants.
• Establishing and implementing a review process for project milestone deliverables.
• Ensuring the timely payout of funding tranches against completed project milestones.
• Maintaining an efficient grants management tracking tool for analysis and reporting.

External Focus:

• Build and maintain relationships with the Hub’s funding, strategic and technical partners and other sector stakeholders.
• Coordinate various programs to select businesses to be supported by the Hub.
• Maintain a dual commercial-impact mindset in respect of business opportunities and challenges, and prioritize activities that deliver value for the All On Hub supported businesses.

What we need from you (Requirements)

• Bachelor’s or Master’s Degree in any Business, Finance or Engineering-related program from a reputable tertiary institution.
• Minimum 7 years of consulting experience in a professional services firm, or advisory in a venture building environment.
• Knowledge of the renewable energy access sector including experience working with an energy company would be an advantage.
• Track record of delivering consistent high-quality work output.
• Has a bias for action, creative thinking, and superior problem-solving skills.
• Proficiency in the use of MS Office applications – Word, PowerPoint, Excel; able to develop and present well laid-out, easy-to-understand analysis and reporting, appropriately adapted for the relevant purpose or audience.
• Articulately communicates information and adapts effectively to the audience. Communicates with clarity and confidence.
• Ability to understand what our supported businesses need (immediate and long term) and focus on delivering innovative solutions.
• Strong stakeholder engagement and relationship-building skills, used to achieve results by influencing and motivating others; able to get work done through others where the need arises.
• High energy levels, flexible and adaptive, with the ability to work well in a fast-paced environment.

Remuneration & Benefits

• Competitive based on experience and expertise.
• At All On we’re committed to investing in the development of your career and we give people with your skills a platform from which you can deliver, create substantial impact, and grow professionally with a fast-growing organization.
• All On is a company with shared values. Honesty, integrity and respect aren’t simply a strap line, but are a part of everything we do. What’s more, we’re a company that places the highest possible value on the diversity of our people and on our inclusive approach.
• Join us and you’ll belong to a company where you can feel pride in your achievements in being one part of the solution for addressing Nigeria’s foundational development challenge – the provision of sustainable access to energy to all.

Application Closing Date
14th November, 2024.

How to Apply
Interested and qualified candidates should send their Cover Letter & Resume to: hr@all-on.com using ”All On – Application for Associate, Business Advisory, All On Hub” as the subject of the mail.

Job Title: Analyst, All On Hub

Location: Lagos
Employment Type: Full-time

Description 

• We are seeking a highly motivated and detail-oriented Analyst to join the All On Hub. The successful candidate will support our team on data collection and analysis, industry research, due diligence, and reporting activities. In this role, you will make an impact by supporting All On’s portfolio of energy access companies to resolve their capacity gaps and challenges and prepare them for growth opportunities.
• This role requires strong analytical skills, attention to detail, and excellent communication abilities.
• This role reports to the All On Hub Manager or delegate.

Responsibilities
What you will do:

• Data Collection:
  • Gather financial and operational data from portfolio companies.
  • Ensure data accuracy, completeness, and timeliness.
• Industry Research:
  • Conduct market research and analysis on the off-grid energy sector and thematic impact areas (e.g., PUE, GESI, EV, carbon emissions).
  • Identify trends, opportunities, and challenges.
• Data Analysis and Reporting:
  • Analyze financial and operational data to inform business and operational decisions.
  • Prepare reports, dashboards, and presentations for stakeholders.
• Counterparty Due Diligence:
  • Conduct background checks and risk assessments, in collaboration with the Ethics & Compliance team.
  • Evaluate partner/companies’ alignment with our impact goals.
• New Business:
  • Assist in the identification, screening, and evaluation of new business opportunities.
  • Provide data-driven insights for concept notes.
• Portfolio Monitoring:
  • Support the tracking of portfolio company performance.
  • Identify areas for improvement and provide recommendations.

Requirements
What we need from you:

• Bachelor’s degree in any Business, Finance or Engineering-related program from a reputable tertiary institution.
• Minimum of 3 years of experience, with at least 2 years in business analyst or research roles. Business and/or data analysis professional certification highly desirable.
• Knowledge of the renewable energy access sector; work experience with an energy company not essential, bur advantageous.
• Track record of delivering consistent high-quality work output.
• Bias for action, creative thinking, and superior problem-solving skills.
• Proficiency in the use of MS Office applications – Word, PowerPoint, Excel; able to develop and present well laid-out, easy-to-understand analysis and reporting, appropriately adapted for the relevant purpose or audience.
• Strong, clear and confident communication.
• Strong stakeholder engagement and relationship-building skills.
• High energy levels, flexible and adaptive, with the ability to work well in a fast-paced environment.

Benefits
What we Offer you:

• At All On we’re committed to investing in the development of your career and we give people with your skills a platform from which you can deliver, create substantial impact, and grow professionally with a fast-growing organization.
• All On is a company with shared values. Honesty, integrity and respect aren’t simply a strap line, but are a part of everything we do. What’s more, we’re a company that places the highest possible value on the diversity of our people and on our inclusive approach.
• Join us and you’ll belong to a company where you can feel pride in your achievements in being one part of the solution for addressing Nigeria’s foundational development challenge – the provision of sustainable access to energy to all.

Remuneration:

• Competitive based on experience and expertise

Application Closing Date
15th November, 2024.

How to Apply
Interested and qualified candidates should send their Cover Letter & Resume to: hr@all-on.com using ”All On – Application for Analyst, All On Hub” as the subject of the mail.