Freelance Fund Management and Finance Consultant Volunteer
Job Description
Yunus Social Business is recruiting for one (1) volunteer, starting as soon s possible.
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.
We at YSB are currently a global team of 40 people with experience in entrepreneurship, consulting, venture capital, business incubation, finance and international development. YSB further has a large pool of expert volunteer consultants that contribute to its global and local operations.
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.
Our core business is the incubation and financing of social businesses in the following manner:
o We design and implement incubation and/or accelerator programmes in our local countries to search for, coach and mentor entrepreneurs to create strong, investment-ready social businesses
o We also serve as a financing vehicle for the most promising social businesses in a defined geographic area (country, region or city), using a methodology similar to those used in the venture capital space
o We further provide on-going advice and support post-investment, including a peer-to-peer exchange with other social business entrepreneurs
Main responsibilities of the Fund Management and Finance Consultant Volunteer
We are looking for starting a Fund Management and Finance Consultant Volunteer for a minimum of 3 months, based in Frankfurt am Main, Germany.
The Fund Management and Finance Consultant Volunteer will report to the Director of Funds and Investments. Her/his responsibilities include, but will not be limited to:
o 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;
o Develop data and analytical tools as basis for fundraising proposals and presentations;
o Prepare initial fundraising proposals for potential partners, preparing due diligence documents and compiling detailed funding proposals where required;
o Support the development and implementation of financial tools, including budgeting and management information systems;
o Other, more project-specific tasks may also be part of your role, depending on needs and availability.
Qualifications of the candidate
An ideal candidate should display 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.
This is a great opportunity to use your talent, skills and enthusiasm to help create social businesses with us – you will be surprised how similar to consulting and VC the tools and methodologies that we use are!
The candidate will be offered the opportunity to work in an environment with great scope for taking on significant responsibilities within projects and within the organization plus a lot of joy in all our projects and a friendly, young, international team.
Travelling to various European countries and one of the countries of the Program is possible. This volunteer position might possibly turn into a full-time paid positions based on performance and project needs.