Penda Health Director Jobs in Kenya

Penda Health Director Jobs in Kenya

About Us

Penda is one of Africa’s fastest growing healthcare companies:]

Penda Health is building the healthcare provider of the future to get quality and trustworthy healthcare to Africa’s lower and middle-income families.

We’ve designed a model to deliver high quality, trusted healthcare care for ultra-low cost and make a profit doing it.

We now have 240 employees operating 10 Medical Centres in Nairobi treating 150,000 patients a year. And we’re growing fast.

In 2018 we secured investment from Novastar, Finnfund, DEG, and others to expand rapidly across Kenya and to research expansion into inpatient healthcare and our current model in several new countries.

More info: Qualified candidates will receive our most recent investor pack during the interview process.

Role Summary

We’re hiring an Investment Director to secure and manage all of the investment needed to enable us to revolutionize healthcare in Africa.

Role highlights

Help deliver great, trustworthy healthcare to our continent

Join one of Africa’s fastest growing companies

Raise the funding we need to build Africa’s next unicorn

Stock Options available

Background

We’ve just secured our series B and are raising debt to fund capex for aggressive expansion. In addition, we’ve reached the stage where we need to build relationships with strategic investors and potential acquirers.

We also have inbound requests for grant funding for special projects that may be interesting to pursue. We may decide to raise a strategic investment round in 2019 and will raise another equity round in 2020.

This role is based in our support office in Nairobi and reports directly to Nicholas, one of Penda’s co-founders.

Responsibilities

In summary

Secure smart funding to enable us to revolutionize healthcare across Africa
Improve Penda’s culture: We take culture seriously and expect our teammates to be great performers AND great teammates. Be fun to work with; honest, direct and genuine; give and receive feedback often; debate and fight for the best decisions; actively help other parts of Penda outside your department.

Evaluate and advise on impact of different types of fundraising for the company (equity, debt and grant). Advise management and the board on best funding practices given strategy map and projects.

Secure and pitch at meetings with the right potential investors and acquirers: Make our investment pipelines, get meetings, pitch alongside side our co-founder Nicholas, ask the right questions and educate them about penda. Everyone you meet should turn into a Penda believer. Build relationships with both the local and international investor and potential acquirer networks.

Execute and organize our entire investment process: Make a project plan for each type of invest, execute it and communicate our progress to the company regularly. Manage all contacts (probably make a simple CRM for this), notes, and investor information. Make a system to follow up on all meetings, send out updates, report to the board, etc.

Develop

exceptional investment material: Create a great investor pack including financial model, deck, cap table and all other supporting documents.

Complete all the research needed for this as well. You may decide to use some extra support to get all this done, if so recruit and manage them.
Lead the negotiation of term sheets and investment agreements: to make sure Penda gets great, smart investment terms that help our long-term vision.

Manage all investment related projects: such as due diligence, reviewing our employee stock option program, etc. For all these, manage the commercials and engage our lawyers wisely for the legals. Consult on the most important aspects and push these projects through to completion.

Recruit and manage consultants and partners to get all our work done:evaluating and managing our lawyers; working with our corporate secretary during fundraising; hire a grant writer for grant funding.

For all these, make sure our partners know our vision, are excited and are working with us to achieve it, not just for the billable hours.

Eagerly pick up other projects: In this role you have visibility into the entire company, so you’ll be asked to help on other things. Be excited to pick up various projects, some completely not related to investment if that’s what the company needs to win!

Qualifications

Be great at pitching a clear, compelling and bold vision!

Have previously completed multiple transactions of venture capital, private equity or mergers and acquisitions, from either the investor side of the entrepreneur side. More experience across more deals is a plus.

5-10 years’ experience in an investment related role.

Skills required to build and manage our investor materials. Strong modeling skills, strategy skills to design asks and pitches, skills to make pitch decks and supporting documents. Ability to manage our capital table, etc.

Have managed employees or consultants before.
Based in Nairobi or willing to be.

African national.

Salary and Benefits

Be part of the team that transforms healthcare for the masses across Africa

Competitive salary based on qualifications and experience

Stock options

Full medical cover for inpatient and outpatient for your whole family

Great benefits package

Join a great place to work: We’re working hard at our culture. In 2018, we were ranked Kenya’s #26 best

How to Apply

Interested and qualified candidates should apply online by 22nd December, 2018

For more information and job application details, see; Penda Health Director Jobs in Kenya

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