Internship Fund Management and Finance Consultant – Based in Frankfurt, Germany From September 2014
Job Description
Yunus Social Business (YSB) is an international advisory and implementation company focusing on creating social businesses worldwide. A social business is a new kind of organization that combines the strengths of both civil society and the business world. Social businesses have a social or environmental mission – like NGOs – but are financially self-sustainable – like businesses. YSB was co-founded by Saskia Bruysten, Sophie Eisenmann, and Nobel Peace Laureate Muhammad Yunus, founder of the microfinancing organization Grameen Bank as well as a variety of Social Businesses in Bangladesh and worldwide.
We at YSB are currently a team of 20 people with backgrounds in strategy consulting, venture capital, entrepreneurship, civil society, and international development. A social business ourselves, we report directly to Prof. Yunus, and we are part of the Grameen network of over 40 social businesses and more than 50,000 employees. Grameen/Yunus projects, in microfinance and in social business, have been implemented in more than 50 countries around the world. Our main office is in Frankfurt, Germany; our country offices include Albania, Haiti, and Brazil, with two more country offices (Tunisia, Togo) to be opened in the near future.
We have two main fields of activity: Implementation and management of Social business incubator fund and social business movements, and Social business advisory services. Activities in the area of Social business incubator fund specifically are the following:
• We design and implement programs to generate, strengthen and scale up social business ideas in a defined geographic area (country, region or city).
• The cornerstones of each program are a social business incubator (e.g. identifying and helping to develop high-potential social business ideas or pilots) and an investment fund for social businesses (the methodologies are similar to those used by venture capital).
• We also deploy social business plan competitions and other activities that help to generate awareness and enthusiasm, and ultimately feed into the pipeline of new social business entrepreneurs and projects
• We are currently implementing incubator funds / movements in Haiti, Albania, Colombia, India, Brazil, Tunisia, and Uganda.
Main responsibilities of the Fund Management and Finance Consultant:
We are looking for starting a Fund Management and Finance Consultant from September 2014 for a minimum of 3 months, based in Frankfurt am Main, Germany. The Fund Management and Finance Consultant will report to the Director of Funds and Investments, and have the following duties:
• Work closely with the different local country teams to
o Develop and maintain investment tracking and fund management tools for the various incubator funds and social businesses;
o Establish and improve social impact and other monitoring tools for effective management of the portfolio of social businesses;
• Develop data and analytical tools as basis for fundraising proposals and presentations;
• Prepare initial fundraising proposals for potential partners, preparing due diligence documents and compiling detailed funding proposals where required;
• Support the development and implementation of financial tools, including budgeting and management information systems;
• Other, more project-specific tasks may also be part of your role, depending on needs and availability.
Selection criteria:
Candidates should have the following qualities, skills and experience:
• A university degree in economics, business administration, marketing, communications or related fields;
• Excellent time management and communication skills. You should be able to manage projects independently without a lot of guidance, and to be able to manage several projects at the same time under time pressure;
• Excellent Excel, Word, and PowerPoint skills, strong analytics, creativity and attention to detail;
• Sensitivity to customer needs. YSB works with clients from a wide range of industries and backgrounds, you need to be comfortable thinking outside the box;
• Fluent written and oral English; German an advantage;
• At least two years of experience in at least two of the following
o Professional services e.g. management consulting, banking, venture capital, private equity, accounting, marketing, PR, communications
o Strategic, financial or general-management divisions of private-sector businesses (large corporations or SMEs)
o International NGOs, with experience in fundraising activities;
• Command of business consulting tools, especially Excel modelling, business-plan analysis, interview techniques, and research;
• Commitment to serving society’s needs;
• A high level of personal integrity and teamwork spirit.