Operations Officer – Hargeisa, Somaliland
- Job category: Operation Affairs
- Post date:17 Feb 2021
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TERMS OF REFERENCE – OPERATIONS OFFICER
About Pharo Ventures (Company Overview)
Pharo Ventures is the commercial, for-profit arm of The Pharo Foundation and has been set up to harness the power of a vibrant private sector by investing in Ventures across a variety of sectors within the Eastern Africa region. The objective is to build and grow, commercially and environmentally sustainable businesses, with a focus on maximising creation of economic value and jobs, for local communities.
Pharo ventures – Somaliland is a privately owned international holding company registered under Somaliland Investment Law NO: 29/2004, with subsidiaries in Fisheries, Agriculture, Construction and Primary Processing.
We have a Vision of an economically vibrant and inclusive Africa. Matching that Vision is our ambition to create a portfolio of sustainable business ventures that by the end of 2025, will deliver more than five thousand direct jobs across the Eastern Africa region. Headquartered in London, the organisation has an operational HQ in Nairobi and offices in Ethiopia (Addis Ababa and Assosa) and Somaliland (Hargeisa).
Pharo Ventures Investment Approach
Pharo Ventures Somaliland will consider the following while investing Social Ventures
Processing sectors for early mass market that create demand for primary production such fishing, agriculture and primary processing which are pre-requisite for development and in general make a larger portion in developing economies GDPs. This will act as trickling down impact throughout the value chain.
Social ventures that are financially viable and have clear, defined and measurable social and/or environmental outcome targets.
Ventures that would disproportionately employ youth and women.
Summary of the position:
Closely working with Head of Social Ventures and Investment Analyst, the Operations Officer monitors daily activities of the office operations. He/she collects, reviews and assesses business information from a variety of sources and drafts and edits routine and periodic reports.
Job Title: Operations Officer
Reports to: Head of Social Ventures and Investment Analyst
Job Location: Hargeisa, Somaliland
Pharo Ventures Somaliland Team
Investment Analyst, Nairobi.
Pharo Foundation team in Somaliland
Customers, suppliers and service providers.
Oversee and direct daily company administrative processes and procedures as assigned by the line manager.
Ensure company policies align with business objectives and train staff in policies and procedures
Support in setting goals for staff, monitoring their progress and conducting periodic performance reviews.
Promote services and products of the ventures to help achieve business goals and maintain customer relationship.
Assist in strategically mapping-out and planning business ventures
Collect, analyze and synthesize key data and market information related to the implementation of Pharo Ventures intended activities and contribute the best(s) way to move forward.
Support pre-investment strategy analysis, business plan development and financial modeling
Develop improved business functionality that increases profits and improves quality, efficiency and productivity.
Track and maintain budgets of operational costs
Generate and analyze monthly financial reports for the ventures and ensure that advance requests are timely submitted to the headquarters.
Contribute to innovation of new products
Required qualities and skills
Bachelor’s degree in business or related field
Master’s Degree in MBA, Mcom or related preferred but not required
3+ years’ experience in a fast-paced business environment required
Strong business acumen
Acute understanding of resource allocation
Proficiency in Microsoft Suite and other operational software
Good communication in both English and Somali
Salary and Benefits
The salary and benefits package is competitive and will be commensurate with qualifications and experience.
Insurance coverage as per Pharo Ventures Somaliland policy.
The application deadline is March 5th, 2021.
This position is open to both female and male nationals from Somaliland.
Review of applications will begin as soon as they are received, and only complete applications will be considered. In the event that an outstanding applicant is identified early in the search process, we reserve the right to appoint before the deadline. For this reason, we encourage interested candidates to apply at the earliest possible time. Due to the high volume of applications, we regret that we will only be able to contact short-listed candidates.
How to Apply:
Interested candidates, who meet the above requirements, should submit their application through email to applications.SL@pharoventures.com with subject line “Application for Operations Officer” not later than March 5th, 2021.
A detailed CV and Cover letter to explain the experience you have gained that makes you believe that you are the most qualified candidate for the role.
A list of minimum three references with current email address and phone number.
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