Acumen

Senior Associate - Post Investment

at Acumen's team

India, Mumbai

Acumen is looking for a Senior Associate - Post Investment to join our India  team in Mumbai.  We’re looking for someone with 5 - 7  years of consulting, private equity, or other investing experience and a proven commitment to tackling global poverty. The right candidate is bold, creative, and can excel in a fast-paced, start up environment.

About Acumen

Acumen is changing the way the world tackles poverty by investing in companies, leaders and ideas. We invest patient capital in businesses whose products and services are enabling the poor to transform their lives. Founded by Jacqueline Novogratz in 2001, Acumen has invested more than $132 million in 136 companies across Africa, Latin America, South Asia and the United States. We are also developing a global community of emerging leaders with the knowledge, skills and determination to create a more inclusive world. In 2015, Acumen was named one of Fast Company’s Top 10 Most Innovative Not-for-Profit Companies.

About Acumen India

Acumen’s commitment to India began in 2002 when we deployed capital to Aravind Eye Care Systems and then consequently set up our India office in 2006.The Acumen India team is responsible for finding, vetting, and managing investments in game-changing social enterprises that serve the poor in our portfolio sectors: Healthcare, Education, Agriculture and  Energy.

About the Role – Senior Associate (Post Investment)

The senior associate will oversee Acumen India ’s post-investment management processes, from assessing the needs of our portfolio companies to designing the most appropriate strategy, leveraging industry best-practices and an understanding of our market, as well as manage our ongoing implementation, including building the necessary team of internal and external resources for direct engagement with critical portfolio companies. The senior associate will be expected to build a successful capability in a fast-changing and entrepreneurial environment, and will be expected to bring exceptional judgment, deep operational expertise and an excellent track record of similar accomplishment. This position will report directly to the India Country Director.

Your responsibilities will include…

The Post Investment Associate will be expected to coordinate the assessment and prioritization of

portfolio company needs and recommend an appropriate solutions:

• Assist in leveraging internal and external resources to be delivered to investee companies to solve critical issues.
• Design and recommend an appropriate strategy to build and implement a world-class post-investment management capability at Acumen India
• Build external resources capable of providing on-going assistance and support to portfolio companies as necessary (strategic and specialized tactical resources - accounting, finance, IT and human resources)

Portfolio Management

Manage ongoing Performance Management to achieve portfolio company and Acumen India objectives:

• Identify, manage and analyze the collection of key performance metrics on a timely basis
• Ensure portfolio team and internal resources are: Creating and executing of First 100 day plans to understand near-term value creation opportunities
• Delivering appropriate strategic and tactical advice and support to help portfolio companies achieve business plan objectives.
• Ensure external resources are allocated optimally:
• Building the necessary team of internal and external resources for direct engagement with critical portfolio companies
• Coordinate inbound pro bono support and match with the needs of portfolio companies
• Initiate exits from investments that have served their purpose and be deeply involved in matter of turnarounds and refinancing matters of Acumen India’s existing Portfolio companies
• Partner with Leadership team to deploy Acumen Fellow resources to portfolio companies (review Terms of Reference and placements; solicit Fellows’ input and feedback)

Manage annual review exercises and knowledge sharing:

• Conduct the Annual Portfolio Review
• Using internal and external resources, coordinate a series of country-specific and global portfolio trainings or gatherings, on relevant topics such as: supply chain management, market adoption, governance, attracting and retaining talent, growth management, and other topics of relevance to portfolio companies in this space
• Manage portfolio learnings and communications from the India Country Director

Work with the Country Director, Portfolio Team and the portfolio companies on select high priority engagements.

Qualifications & Characteristics

• 5 - 7 years of experience in consulting, investment management, venture capital, private equity
• Bonus if experience with financial and operational due diligence of early stage businesses
• Superior financial, modeling and business analysis skills; demonstrated by prior experience.
• Familiarity with the social enterprise and impact investing sectors; demonstrated commitment to serving the poor is preferred.
• Strong ability to take initiative with research and analysis and produce valuable results in conditions of uncertainty.
• Solid operational skills including problem solving and project management skills, including ability to work and deliver projects independently, proactively and under pressure.
• Authorization to work in India on a permanent basis.

Additional characteristics we’re looking for in all roles at Acumen:

• Commitment to and enthusiasm for the organization’s mission to change the way the world tackles poverty, and respect for our core values: generosity, accountability, humility, audacity, listening, leadership, integrity and respect
• Ability to thrive when there is ambiguity, remain cool-headed when there are curve balls, and withstand the tests of a rapidly changing environment with resilience and resolve
• A sense of humor (really)

Compensation

Acumen offers a competitive compensation package commensurate with experience, including full benefits

Location

Mumbai, India

Deadline

The deadline to apply for this position is 3rd February 2021 but candidates are encouraged to apply early, as applications will be reviewed on a rolling basis.

For more information and online application click here