Company Profile

The Ethiopian Investment Holdings (EIH) was established on December 29th, 2021, through the Council of Ministers Regulation No 487/2021. The objectives of EIH include serving as the strategic investment arm of the Government of Ethiopia (GoE) and contributing to sustainable economic development, through the management of its funds and assets, and achieving optimal use of the assets, in accordance with the international best practice and rules to maximize the value for the benefit of current and future generations of Ethiopians. EIH has acquired 27 state-owned enterprises (SOEs) following the decision of its Board of Directors. In line with its mandate, EIH will implement best-practice corporate governance and performance management techniques to ensure the long-term value creation of its subsidiary companies, and in doing so, enable them to attract investment that will help address strategic needs of the Ethiopian economy. 

Primary purpose of the role

• A Portfolio Director is supposed to manage the assigned stated owned enterprises, provide expert input and support in depth analysis of those subsidiary companies under his/her cluster, development of performance benchmarks and improvement plan, development of investment opportunities that will help the companies enhance their productivity and output.

Duties and Responsibilities

• Evaluation of performance of assigned subsidiary companies in line with KPIs set by EIH as well as industry specific KPIs. Periodic in-depth analysis of the performance of selected subsidiaries according to industry good practices of corporate governance (board, internal audit, risk management, transparency and disclosure) and professional management (core business and strategy, HR, technology, operations, marketing, etc)

• Input to the development of tools, template and standards for specific performance drivers of functions (such as risk management, talent, investment policy, etc) of subsidiary companies in collaboration with EIH team. Provide technical guidance to assigned portfolio companies in implementing such tools and standards.

• Input for the development of a set of priorities for the subsidiaries to improve their performance and transform to match international peers; provide technical guidance to support subsidiary companies implement performance enhancing measures; and help mobilize resources.  

• Work with selected portfolio companies to provide technical advice for the development of bankable investment opportunities and engage international investors in line with their performance aspirations. 

• Provide technical support to EIH in areas related to the assigned role. 

Reports to – Chief Portfolio Officer 

Type of employment :Permanent

Job Requirements

Required Competencies and qualifications   

• In order to fulfill her/his duties, the ideal consultant will be required to demonstrate the following competencies and qualifications. 

Qualifications  

• Minimum of a bachelor’s degree in economics, business, operational management, finance, accounting, or related fields. Masters degree in relevant business field is an asset 

• International certification in relevant fields 

• Minimum of eight years of progressive experience as Program /Portfolio/project management practices or portfolio analytics within international private institutional set up that oversees or supports other industry players.

• At least three years of those experiences should be in leadership, supervision, and management of teams is required.

Competencies 

• Demonstrated knowledge of portfolio analysis and comparison of different industries, consideration of historic trends, and an understanding of financial metrics and regulatory/legal restrictions that may impact the portfolio. 

• Demonstrated level of numeric competence and data analysis and reports/dashboards/KPIs.

• Experience with Project & Portfolio management tools (PPM, Project professional, etc.)

• Experience in working with multiple stakeholders across different departments with strong communications skill both verbal and written.

• Verbal and written fluency in English and Amharic is required

• Ability to work autonomously in fast-paced environments and possess a self-starter attitude

• Business acumen

How to Apply:

Interested applicants who fulfill the above requirements and want to join our young and professional team should submit their updated CV and motivation letter; why they apply for the position through talent@eih.et within ten days from the date of this vacancy announcement.