Head of Acceleration and Investments Job Vacancy - Yunus Social Business (YSB)
Organisation: Yunus Social Business (YSB)Yunus Social Business (YSB) is social business accelerator, focusing on incubating and financing social businesses globally. A social business is a new kind of company that combines the strengths of both the social development and the business world. It is created with the sole purpose to solve a social problem like NGOs but to do so in a financially sustainable way like businesses. YSB was co-founded by Nobel Peace Laureate Muhammad Yunus, founder of the microfinance organization Grameen Bank, as well as a variety of social businesses in Bangladesh and worldwide. A social business ourselves, we report directly to Professor Yunus, and we are part of the Grameen network of over 40 social businesses and more than 50,000 employees. Our main office is in Frankfurt, Germany and we have an on-the-ground presence through our local country teams in Albania, Haiti, Brazil, Colombia, Tunisia, India, and Uganda.Key Duties and Responsibilities: Structuring and implementing the social business investment process, suggesting continuous Improvements in theSearch, selection and acceleration processDue diligence and investment process (including preparation of Review and Investment committees)Monitoring & support of the social businesses in the investment portfolioWorking in liaison with Social Business Consultants, maintaining relations with investees in the portfolio, in particular ensuring thatMonthly, quarterly and annual reporting is performedAdequate support is given to each Social BusinessIf there are any issues (lack of reporting, underperformance, mission drift), they are escalatedActively contributing to building and maintaining relation with external parties involved in the support of the entrepreneurs (coaches, mentors, lawyers, auditors and accountants)Build-up, structure and manage set-up of joint venture initiatives and projects in Uganda with multinational companies in close cooperation with Executive Director and counter-part at YSB Global Initiatives and subsequent managing of consultant team working on joint venture projectsSupporting fund raising activities on a local level, such as drafting of investor proposals, supporting Executive Director in negotiation of investment proposals, as well as supporting on investment reportingManaging and mentoring the Social Business consultantsWork in liaison with the Program Director (based in Frankfurt) on any overall project topicsClose collaboration with the Social Business Fund manager (based in Frankfurt) on Fund related topicsPerform any other activities dealing with the day-to-day or long-term business continuity and serving the purpose of advancing the Yunus Social Business UgandaQualifications, Skills and Experience: The candidate should hold a Master’s degree and 5-7 years of progressively responsible experience Strategy consulting experience with SMEs is valuedInvestment Banking, Private Equity, Venture CapitalPast Project Management experience in the private sectorNumeracy, critical thinking, evidence-based analysis, efficiency and thoroughness, demonstrated by excellent academic qualifications;Possess the ability to work independently in a fast-pace loosely structured environmentAbility to adapt quickly as things changeComfortable working with an entrepreneurial and international teamExcellent diplomacy, negotiating skillsExcellent oral and written communication skillsAn excellent understanding of social business and how this is related to other concepts, e.g. social innovation, social entrepreneurship, inclusive business, impact investing;Computer literacy i.e. familiarity and comfort with Microsoft Office and Google AppsWillingness to travel outside of Kampala, including to rural areasFluency in written and oral English is a mustIf you are interested in this career position, please submit a CV and cover letter, in English, by email, to the following email address: eriab.kiiza@yunussb.com, with subject line “Head of Acceleration and Investments.”
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