Nairobi Nairobi, Kenya
Phone: xxx-xxx-xxxx
Email: xxx@xxxx.xxx
Looking For: Accountant,
Occupation: Business and Finance
Degree: Bachelor's Degree
Career Level: Experienced
Languages: English
Highlights:Co-led the structuring of the first Green Bond in East Africa with Acorn Holdings as the issuer while heading the debt function.
Skills:Analyst,, accountant, Asset manager
Certification:Certified Public Accountant (CPA), Kenya
Honor:Awarded by the Kenya Accountants and Secretaries National Examinations Board (KASNEB) for being the best student countrywide in the June 2008 Auditing and Investigations paper of section 6, CPA part 3. This award had been sponsored by Deloitte and Touché.
I-REIT Asset Manager 02/2022 - current
Acorn Investment Management Limited (AIML), Nairobi, Nairobi Kenya
Industry: Real Estate
AIML is a REIT Manager duly licensed by the Capital Markets Authority (CMA) and serves as manager to the two Acorn REITs namely the Acorn Student Accommodation D-REIT and the Acorn Student Accommodation I-REIT. My key achievement in this role has been the successful acquisition of two assets by the fund contributing to a 21% growth in the earnings per share (EPS)
- Provision of strategic and other recommendations to the Managing Director (MD) and Investment Committee (IC) to ensure performance objectives are met or exceeded.
- Assessment and reporting of the REIT and underlying assets’ performance on a monthly basis.
- Leading the acquisitions process through preparation of Offering Memorandum and monitoring due diligence.
- Development and implementation of strategic business plans for each asset to govern its daily operations.
- Leading the annual budgeting, business planning, and reforecasting process for the fund.
- Conducting market research to be updated on investment opportunities, identifying new micro locations.
- Preparation of periodic IC, Board and investor update presentations.
- Management of annual and acquisition-specific valuation process.--
Manager, Debt Capital Markets 03/2019 - 01/2022
Acorn Investment Management Limited (AIML), Nairobi, Nairobi Kenya
Industry: Real Estate
One of my key achievements in this position was my participation in the structuring, negotiation and financial close on the first Green Bond in East Africa issued by Acorn Holdings Limited in 2019 which raised approximately USD 43 million. I also led the re-opening and upsizing of the same bond in 2021 raising a further USD 14 million.
Other responsibilities included:
- Led the renegotiation of the Acorn debt facilities with various providers including Standard bank (SA) and Shelter Afrique following the onset of the COVID-19 pandemic.
- Investor relations, managing diverse current/potential funders and key transaction parties including the DFC (formerly the OPIC), GuarantCo, The Green Bond Programme and local pension fund managers.
- Generation of debt funding proposals as well as technical facility support papers.
- Oversaw the tracking and reporting of the financial covenants arising from the various funding agreements.--
Corporate Finance Analyst 06/2015 - 02/2019
Sterling Investment Bank, Nairobi, Nairobi Kenya
Industry: Financial Services
In this position, I successfully led a commercial and compliance due diligence on behalf of Msingi East Africa which is backed by DFID. I also led a commercial due diligence on behalf of Kuramo Capital for a US$ 23 million acquisition transaction.
Other responsibilities under this role included:
- Business development and deal origination.
- Authored and prepared investments teasers and information memoranda for various advisory mandates.
- Reviewed deal documentation such as non-disclosure agreements and investor term sheets.
- Provided corporate governance advisory services to SMEs in preparation to listing at NSE GEMS segment.
- Drafted business proposals and plans for SMEs in preparation for capital raising initiatives.
- Supervised junior analyst in undertaking their duties and supported their development through on the job training and coaching.
- Regular update of the potential investor book through research on Bloomberg and S&P Capital IQ platforms.--
Investment Analyst 06/2013 - 05/2015
Entrust Advisory Limited, Nairobi, Nairobi Kenya
Industry: Financial Services
Entrust is a boutique advisory house focusing on Commercial Paper arrangement and placement.
Some of my main responsibilities included:
- Commercial Paper deal origination.
- Financial statement analysis to ensure Commercial Paper issuers’ compliance with statutory ratios.
- Preparation of offer documentation.
- Undertook investor roadshows and investor presentations to prospect for business.
- Managed relationships between Commercial Paper issuers and investors.--
Credit Control Analyst 08/2011 - 04/2013
Kenol Kobil Limited, Nairobi, Nairobi Kenya
Industry: Oil and Gas
Kenol Kobil (now Rubis Energy Kenya) is Kenya’s third largest oil marketer with operations in eight African countries.
Some of my main responsibilities included:
- Undertook periodic review of customers’ trading terms and ensured compliance with the credit policy.
- Analyzed existing and future trading agreements to establish credit-related exposure.
- Organized monthly Trade Accounts Receivable (TAR) meetings with the marketing team to take stock of debtors’ status.
- Undertook stock valuation for company operated stations and price revaluations in case of price changes.--
The Catholic University of Eastern Africa 01/2009 - 10/2011
Nairobi, Nairobi, Kenya
Degree: Bachelor's Degree
Major:Finance
Graduated with a first class honours. Some of the main units under this program included: portfolio management, real estate finance, financial risk management and international finance.
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