DEVELOPMENT MANAGER (INTERIM POSITION - CLOSING DATE 7-7-2010)
Basis: 6 month Consultancy contract to run from 12th July concurrently for a period of 6 months with the possibility of an extension.
Introduction to NEA2F
At North East Access to Finance, we are committed to making much-needed funding more accessible for SMEs, and to ensuring that they have the necessary support mechanisms and advice to help them open new doors and make strong progress on their way to sustained growth.
Responsibilities
With responsibility for investment funds and residual portfolios, you will use your expertise to make sound operational decisions in order to manage and co-ordinate the management of key programmes. We will look to you to monitor the performance of funds and to successfully manage the day-to-day transfer of legacy funds and loans, as well as the formal closedown of funds. This will also include the initiation of new funds.
Project management
You will take control of the management and operation of programme activities including the running of training courses for SMEs and engaging with sponsors and intermediaries in the North East. This influential and senior role will see you take responsibility for the planning and development of new initiatives – undertaking essential feasibility studies and market testing, developing operating budgets and project plans, as well as ensuring greater stakeholder engagement with key support networks, fund managers and delivery agents. Your advice and recommendations on new initiatives and emerging issues and trends, both locally and nationally, will also have a big impact on Board decision-making and the future strategic direction of NEA2F.
With around fourteen regional funds from the previous access to finance programme also due to be transitioned over the next few years, your role will be crucial to ensuring that suitable arrangements are in place to manage residual investments from each of the funds so that they can be formally closed.
Experience and skills
In terms of your background, you may be from a corporate finance/advisory environment, or have experience of fund development with additional Project Management skills. We are looking for someone who can use their sound financial acumen, including knowledge of Access to Finance programmes, and strong analytical skills to identify market gaps and drive every aspect of programme development and delivery. An understanding of the public sector programme management, funding and regulations would also be an advantage. If you also have a formal Project Management qualification, then so much the better.
A proven background in fund/investment management, corporate finance or banking is essential. More specifically, you will have experience of reviewing and interpreting company accounts and an extensive knowledge of financial reporting. Add to that highly developed client management and analytical skills, together with the ability to positively influence those around you, and you will have everything you need for the challenge ahead. Educated to degree level with a Financial qualification would be a definite advantage.
About North East Access to Finance
North East Access to Finance is responsible for supporting SMEs across the North East, as part of the JEREMIE initiative and wider regional ‘access to finance’ agenda. The JEREMIE Initiative aims to provide SMEs in the region with greater access to finance through a dedicated fund totalling £125m, funded by One North East, the European Regional Development Fund and the European Investment Bank. North East Access to Finance also supervises the deployment of legacy returns on investments made from the JEREMIE Fund and ensures the continuity of access to finance provision in the region
How to apply
Send your CV and a covering letter to : info@nea2f.co.uk
or post to:
Ms L. Lockington, PA to Chairman, North East Access to Finance Ltd, 1 St James Gate, Newcastle Upon Tyne, NE1 4AD
For enquiries, please call 0191 211 2314
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