About Us:
Yunus Social Business Foundation Uganda Ltd (YSB Uganda) is a social venture fund that offers financing and Business Development Services for social businesses in all regions of Uganda. We finance, coach and mentor social business entrepreneurs, helping them scale their operations, develop and sustain employment and income generating opportunities for the bottom of the pyramid.
Key Duties and Responsibilities: The Investment Manager will be responsible for the following:
Investment:
· Carrying out due diligence processes for social businesses in YSB Uganda’s pipeline including validation of the business and financial model, preparation of Investment Committee meetings, determination of financing structure (equity and debt), preparation and negotiation of term sheets and contracts
· Continuous improvements of the due diligence and investment process
Sourcing and Acceleration:
· Developing the Social Business pipeline including sourcing of new Social Business opportunities and initial screening of business plans
· Developing and implementing the accelerator programs, including adapting the architecture of the program to the local context, organizing workshops and the coaching/mentoring of selected entrepreneurs, linking the entrepreneurs to mentors, experts and markets or investors during the program
· Continuous improvement of the accelerator program
Portfolio Management:
· Building and maintaining good relations with social businesses in the portfolio, in particular:
· Working closely with social business entrepreneurs in the portfolio in order to understand their needs and provide them with on-going support to develop and grow their social businesses
· Ensuring monthly, quarterly and annual reporting is performed by the social businesses in the portfolio, ensuring due escalation of any issues (lack of reporting, underperformance, mission drift)
· Preparing and submitting monthly local and quarterly international portfolio reviews
· Continuously improving on the portfolio management processes, including reporting and tracking tools to monitor and evaluate the social and financial impact, as well as the processes that ensure that adequate resources are matched to the needs of the entrepreneurs
Other Duties:
· Building, structuring and managing the set-up of joint venture initiatives and projects with multinational companies in close cooperation with the Managing Director and counter-parts at YSB Global Initiatives and subsequent managing of consultant team working on joint venture projects
· Supporting fundraising activities such as, drafting of funder proposals as well as supporting on funder and donor reporting
· Participate in global work streams such as working with team members in YSB Global Initiatives (Germany) and other country teams to support on a diverse range of work streams including, development of new tools, processes and products, impact assessment, research etc.
· Work closely with the Program Director (based in Germany) on any overall project activities
· Collaborating with the International Investment and Portfolio team (based in Germany) on fund related activities
· Any other activities dealing with the day-to-day or long-term business continuity and serving the purpose of advancing Yunus Social Business
Qualifications, Skills and Experience:
· The applicant must hold a Master’s Degree in a relevant area (Economics, Finance, Business, etc.); MBA or other advanced degree in a relevant field.
· At least three years of progressively responsible experience in one or several of the following fields:
o Strategy consulting – experience with SMEs is valued
o Investment Banking, Private Equity, Venture Capital or Impact Investing
o SME and economic inclusion programs of NGOs or Developing Agencies
o Previous entrepreneurial experience is highly valued
o Prior experience with financial and operational due diligence
· Numeracy, critical thinking, evidence-based analysis, efficiency and thoroughness, demonstrated by excellent academic qualifications
· Warm, ‘can-do’ and hands-on attitude with a strong team spirit in supporting the entire team
· Ability to work independently in a fast-paced loosely structured environment and ability to adapt quickly as things change
· Significant experience working in Uganda and extensive understanding of the Ugandan context; experience in other emerging markets inside or outside of East Africa is a plus
· Comfortable working with an entrepreneurial and international team
· Diplomacy, negotiating skills
· Excellent oral and written communication skills
· A high level of passion, entrepreneurial energy, personal initiative and responsibility
· An excellent understanding of “social business” and how this is related to other concepts, e.g. social innovation, social entrepreneurship, inclusive business, impact investing…;
· Familiarity and comfort with Microsoft Office (Microsoft Word, Excel, PowerPoint) and Google Apps or other similar technologies
· Willingness to travel outside of Kampala, including to rural areas, as well as international travel on occasions
· Fluency in written and oral English is a must
How to Apply:
All suitably qualified and interested candidates are encouraged to send their updated CVs with three professional referees and cover letters, in English to uganda@yunussb.com with the subject line indicated as “Investment Manager.”
Deadline: 31st October 2017