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Financial Modeller Analyst




InfraCo Africa





InfraCo Africa seeks to alleviate poverty in frontier markets by mobilising private sector expertise and finance to develop high-quality infrastructure projects that enable economic development.

Our Company

InfraCo Africa seeks to alleviate poverty by mobilising investment into sub-Saharan infrastructure

It does this by:

  • Investing directly into early-stage projects which need the financial commitment and support that InfraCo Africa can bring.
  • Providing equity to close a financing gap and start construction; and
  • Investing into innovative businesses that need our support to scale-up or enter new markets. Established in 2004 as part of the Private Infrastructure Development Group (PIDG), InfraCo Africa is managed as a private company although funded by the governments of Switzerland (via SECO), the Netherlands (via DGIS) and the UK (via FCDO). This means that our work reflects our shareholder’s objectives and is delivered using proven business practices. It also means that we are continuously balancing commercial viability and development impact. For example, we get involved in infrastructure projects before everyone else, at a stage when the costs and risks are too high for the private sector. We will prioritise projects in the poorest or most fragile countries and those that are the first of their kind or doing something truly innovative to help local communities. Yet, we also choose projects that with our help can become bankable and reach financial close, enabling us to recover our costs and reinvest. Our projects are also developed to the highest environmental, social, health and safety standards and we embed good governance, transparency, and leading ABC practices into everything that we do. The inherent tension, between development impact and commercial viability, is unique to InfraCo Africa and differentiates our involvement in projects.

InfraCo Africa’s commitment ensures that infrastructure is developed to the highest standards: from concept to a financeable investment opportunity, to a proven operating business. Our projects improve living standards and empower economic development across sub-Sahara Africa.

Our People:

Our Business Development Team: has a deep expertise in the technologies it develops, in governance and in project contracting and financing. They are responsible for the origination and development of InfraCo Africa’s projects.

Our Asset Management Team: has a deep expertise in the construction of infrastructure projects and the governance of successful businesses. They are responsible for overseeing the construction and operation of InfraCo Africa’s projects, protecting its corporate interests, and ultimately managing its exit and successful recovery of invested funds.

Our Investment Team: has a deep expertise in identifying, evaluating, and managing investments.
They are responsible for identifying and managing InfraCo Africa’s investment into innovative operating infrastructure businesses. They are also responsible for protecting InfraCo Africa’s corporate interests, and ultimately managing its exit and successful recovery of invested funds.

Our Corporate Team: has a breadth of expertise from financial management and accounting to development impact, corporate law and project development, HR, and marketing. They are responsible for the effective and efficient operation of our business.


We are seeking a dedicated financial modelling specialist to join our growing company and will work across our three main teams: Investments, Business Development and Asset Management teams.

The position is based in Casablanca, where you will join our team as an Analyst. You will work directly with the rest of the team based in, Casablanca, Nairobi, and London on projects/targets during all phases. You’ll enjoy the opportunity to support a diverse and multicultural team, that executes projects and/or opportunities that have been identified and invested in by the Organisation.

Your duties will include analysing financial data and transactions, performing sensitivity analysis and other ad hoc tasks, as well as creating and conducting presentations for teams based on the results of these findings. You will be provided the opportunity to take part in complex projects.


Financial Modeller Analyst are responsible for:

  • Use Excel to produce high-quality spreadsheets and reports for the respective teams as required.
  • Conducting market research and assist in assessing the market appetite on entry or exit of an investment.
  • Use financial analysis tools and best practice techniques to review and/or evaluate financial forecasts and advise teams, always ensuring that the proposals are not just theoretical but deliverable.
  • Has capacity to evaluate companies using various financial valuation methods, such as DCF, comparable company analysis, capital structure analysis etc.
  • Work with the teams to provide updated valuations, predictive forecasts for the Company’s business planning, amongst others.
  • Lead on small to medium sized deals, with the support of the financial modelling manager that are in pre-financial close (pre-FC) stage, as well as working together on more complex deals.
  • Create and present easy-to-understand models for the respective teams.
  • Provide inputs on financial and non-financial risks as well as mitigants for those risks.
  • Conduct scenario and sensitivity analysis with the intent to support investment activities, with guidance from your team manager and the Head of Investments.
  • Work with the team in updating the financial models and business plans developed for the Organisation.
  • Work with the manager and a team of investment analysts, businesses development analysts and/or asset managers on the review, decision-making and forecasting of various projects.
  • Support the teams in procuring and managing the performance of developers acting on behalf of InfraCo Africa; this would consist of reviewing submitted proposals, invoices and calculating success fees.

Your Experience and Qualifications

We expect you to have:

  • 3- 4 years of full-time experience within top tier firms (whether in an investment fund, an advisory firm, infrastructure developer, or corporate), including previous experience in infrastructure or project finance.
  • A bachelor’s degree in mathematics, accounting, finance, or any other field from an accredited university is required.
  • A master’s degree, CFA, financial modelling qualification, accounting qualification or diploma in financial planning are a definite advantage.
  • Excellent Excel skills or experience with similar spreadsheet software, including the use of
    charts, macros, and VBA.
  • Knowledge of basic accounting concepts and a solid understanding of financial analysis and valuation terminology and best practices, such as DCF, NPV, IRR, etc as well as financial statements.
  • Identify key financial and non-financial risks and advise mitigants for those risks.
  • A keen eye for detail and an ability to sift through large data sets to extract meaningful information.
  • Proficiency in the French Language will be required.
  • Excellent time management skills, including the ability to work under pressure to meet tight deadlines.

Your Personal Qualities:

Analytical precision: Able to dive into the detail whilst balancing precision against achievement of the overall objective, identifying connections and focusing on consistency.

Perseverance: Able to maintain focus and commitment to completing a task despite delays or tight deadlines, keeping the long-term objective in sight whilst patiently overcoming immediate obstacles and flexing priorities.

Collaborative: Able to build strong, lasting relationships with a diverse mix of individuals and to use these to share ideas and work collectively to resolve issues.

Integrity: Demonstrating professionalism in all that you do and acting with integrity even when that means walking away from something that might be to your own advantage.

This position is based in Casablanca Morocco the candidate must have the right to work in Morocco and be fluent in French.

Please submit CVs to Sofia Cascarini by Wednesday 18th October 2023

To apply