Full-Time, 2 year Contract
The Equity Investment Fund (EIF) Project Manager reports to the PELA CFDC EIF Committee and will actively participate in all aspects of the investment process, including:
- Source and development of proposals for presentation to the EIF Committee;
- Conduct due diligence on prospective investments including financial analysis, modeling and the collection of all relevant paperwork;
- Execute transactions, including supporting the deal team (First Stone, PELA CFDC lawyers, accountants, client) in the development and negotiation of legal documentation including term sheet and shareholders agreement;
- General business analysis and market research;
- Executes day-to-day management of routine operations, overall EIF Portfolio management, including monthly updating of financial models and providing support to the management teams in the portfolio;
- Assists in the development of operational processes of the EIF;
- Executes all EIF Committee decisions. The successful candidate will have a unique opportunity to work on a number of different projects, be exposed to different businesses as well as a variety of different people (investment partners, PELA Board and EIF Committee, portfolio company management teams and external advisors).
DESIRED SKILLS & EXPERIENCE
The ideal candidate will have 10 years of project management experience. Professional experience in accounting, commercial banking or financial-based consulting would be an asset. Other desired characteristics/qualifications include:
- A keen interest in business and finance and a desire to ‘role up your sleeves’ and work with early-stage businesses that don’t have the depth of resources and systems that larger businesses do to provide their own analysis. This often means we have to do more work to produce meaningful financial analysis, part of the value we bring as investment managers.
- Knowledge of business finance, accounting and valuation, preferably including demonstrated financial modelling experience.
- Outstanding analytical skills and attention to detail.
- Excellent verbal and written communication skills, including the ability to write a clear, concise and well-organized investment memo. Bilingual (French) verbal skills a definite asset;
- Advanced knowledge of Microsoft Excel, PowerPoint and Word.
- The ability to work independently, multitask and make decisions when necessary.
Deadline for submission of resumes is April 30th, 2015 at 4:30pm at either of the PELA CFDC offices. Only qualified applicants will be contacted for an interview.
About PELA CFDC
The Prince Edward, Lennox & Addington Community Futures Development Corporation (PELA CFDC) is a community-based, Government of Canada funded, non-profit corporation with the objective of encouraging local entrepreneurship and economic development. Through the Fed Dev Ontario Investing in Regional Diversification Program, PELA CFDC will make equity investments of up to $500,000 in new and existing businesses that directly support the creation and/or maintenance of jobs in our community. PELA CFDC specializes in providing access to capital for organizations that are unable to source funding through traditional sources. For more information, visit www.pelacfdc.ca
Source: Lennox & Addington CFDC