Junior Grants Associates

KPMG is a leading provider of professional services, which include audit, tax and advisory. KPMG’s International Development Advisory Services Unit (IDAS) is based in Nairobi, Kenya and has adopted a pan-African approach to development work, employing full-time experienced development experts within the KPMG Africa team at our headquarters in Nairobi, together with a network of champions across the twenty countries of KPMG in sub-Saharan Africa.

The Alliance for a Green Revolution in Africa (AGRA) has contracted KPMG International Development Advisory Services (IDAS) to provide fund management services for the Africa Enterprise Challenge Fund (the AECF or the Fund) through a competitive tender process. AGRA and the AECF donors have established the AECF as a Special Partnership Initiative of AGRA. Under this arrangement, AGRA operates the AECF as a separate programme with its own identity, administrative processes and systems, and branding, within AGRA’s legal personality and systems.

The AECF is a challenge fund capitalised by multilateral and bilateral donors (the AECF donors) to stimulate private sector entrepreneurs in Africa to innovate and find profitable ways of doing business that result in increasing the incomes of, and employment opportunities for, the rural poor. For more information please see our website www.aecfafrica.org

KPMG IDAS wishes to secure the services of three Junior Grants Associates to assist in the management of the AECF’s portfolio of investments/projects. These posts will be based in Nairobi, Kenya, reporting to the Grants Manager of the AECF.

Key roles and responsibilities

Pre-contract:

Review of draft business plans and supporting documentation to ensure completeness and adherence to the grant/loan terms; Review of all contracting documentation to ensure they meet AECF and Investment Committee requirements; 

Finalization of Grant Memorandums after project approval by the Investment Committee; 

Contracting:

Preparation of funding agreements between AGRA and the grantees. Tracking of funding agreement signing processes until finalization. 

Project Monitoring:

Requesting progress reports (technical and financial) from grantees and availing the necessary templates for their completion. Follow up on reports not submitted as per due date by the grantees. 

Review, analyze and assess grantees performance against KPIs as per funding agreement; 

Provide comments to the Grants Manager and Risk and Compliance Manager to aid their review of the grantees progress reports. Preparation of draft letters to grantees highlighting key concerns on project performance 

Sending feedback to grantees and AGRA after the review process has been completed and agreed on with the Project Director. Follow up on feedback sent to the grantee to ensure issues raised have been addressed by the grantee. 

Prepare necessary contract addendums as required throughout the project duration. 

Ensure documentation relating the grant is filed appropriately both physically and electronically. 

Overall portfolio management:

Preparation of grant allocation schedules including matching funds leveraged by grantees. Logging all financial disbursements to grantees. 

Raise concerns with grantees to Grants Manager as and when they arise and monitor any remedial action taken by the grantees. Drawing up disbursement schedules and cash flow forecasts. 

Preparation of performance schedules on developmental impact data against disbursements and matching funds provided. 

General correspondence with grantees and other stakeholders, maintaining regular contact with your allocated projects in order to actively monitor their performance. 

Preparation of summary progress report for every project for inclusion in the quarterly report to AGRA. 

Qualification and experience

At least CPA (K) Part III. 

Minimum of 2 years work experience, preferably in grants management. 

Graduate qualifications in Bachelor of Commerce/Bachelor of Business Administration/Accounting related degree. 

Skills and attributes

Energetic and dynamic individuals. Strong analytical skills. 

Good interpersonal skills. 

We offer: The Junior Grants Associates will be remunerated appropriately in line with the tasks and responsibilities set out above.

If your career aspirations match this exciting opportunity, please forward your curriculum vitae giving details of your qualifications and experience to jobs@aecfafrica.org quoting Ref No. AECF/2013/10-JNRGM