BACKGROUND
The Ghana Stock Exchange (GSE) is an important institution set up for mobilising long-term capital for private sector development, but due to stringent conditions, it is difficult for Small and Medium Enterprises (SMEs) to get listed on the market.

To address this constraint, the creation of an Alternative Market for SMEs, with simplified rules and procedures is a key part of the GSE medium to long-term strategy to encourage SMEs to list on the market and raise long-term capital.

OVERALL OBJECTIVES
The main objective of the project is to provide support to the GSE to set up a dedicated alternative market for SMEs and to work with identified SMEs to facilitate their listing on the market and mobilisation of long-term capital.

SPECIFIC OBJECTIVES AND SERVICES REQUIRED
The main objective of this assignment is to engage a Consultant, whose main duties shall include but not limited to, searching for and promoting the Ghana Alternative Market (GAX) to potential issuers, review application for funding under the listing support fund, and to make recommendations in respect of listing and make request for funds to the GAX committee.

The services included under this engagement are

•   The Consultant shall identify and assess the suitability of potential SMEs and assess their long-term capital needs in relation to the GAX Rules and guide and make recommendation to the identifiable companies to list on the GAX.
•   The Consultant shall also review listing applications from potential companies and make recommendations to the GAX committee,
•   The Consultant shall review applications for funds under the SME listing support fund and make recommendations to the GAX committee.
•   The consultant shall liaise with the various advisors in relation to preparation towards raising capital and listing on the GAX.
•   The consultant may be assigned other duties and responsibilities that are relevant to this assignment.

Qualification Required & Experience

•   A minimum of first degree in Business Administration or relevant qualification with at least five years continuous experience in the financial market.
•   A master's degree in Marketing, Economics, Accounting, Finance or related field will be an advantage. A professional qualification as a Financial Analyst would be an advantage.
•   Excellent analytical skills and report writing skills.
•   Must possess a professional demeanour along with genuine interest in the financial markets
•   Ability to keep up to date with stock market conditions and economic trends

EXPERIENCE AND COMPETENCE OF THE CONSULTANT
The consultant will be required to have the following competencies:

•   Demonstrate extensive knowledge of the financial sector of Ghana or the sub-region, or similar environment.
•   Deep understanding of the Capital Market in Ghana or a similar environment.
•   Proven knowledge and experience with similar assignment will be an advantage.
•   Demonstrate strong analytic and writing skills.
•   Display a high level of good salesmanship.

Location: Accra

How To Apply For The Job

DURATION OF THE ASSIGNMENT
The expected duration of the assignment is twenty four (24) months beginning from date of signature of contract.

The GISP /Ghana Stock Exchange now invites eligible individual consultants who are licensed dealer members of the Ghana Stock Exchange or Investment Advisor licensed by the Ghana Securities and Exchange Commission to submit typewritten letters and curriculum vitae indicating that they are qualified to perform the services for the position described above. These should include:

•   Qualifications and general work experience
•   Description of similar assignments
•   Experience in similar conditions and demonstration of skills.

Only shortlisted individuals will be contacted.

Eligibility criteria, establishment of the shortlist and the selection procedure shall be in accordance with Individual Selection method of the African Development Bank's "Rules and Procedures for the use of Consultants" (May 2008 Edition, Revised July 2012), which is available on the Bank's website at: http://www.afdb.org.

Written Expression of Interest must be delivered to the address below by Tuesday, 11th November, 2014 at 10:00am local time and mention "ENGAGEMENT OF A TECHNICAL ASSISTANT (GAX OFFICER) FOR GHANA ALTERNATIVE MARKETS (GAX) OF THE GHANA STOCK EXCHANGE"

The Project Manager
Ghana Institutional Support Project/Ministry of Finance
Box MB 40
Accra, Ghana

ROOM 345, Old Block, Ministry of Finance
Tel: 0302 747197 Ext 7312 , 020 8118111; 0208114994
Email: gisp@mofep.gov.gh

Closing Date: 11 November, 2014