Investment Coordinator, Kumwe Hub at Save the Children: (Deadline 10 May 2024)

Investment Coordinator, Kumwe Hub at Save the Children: (Deadline 10 May 2024)

JOB DESCRIPTION

OVERVIEW

Kumwe (Kinyarwanda for ‘together’) Hub is a social enterprise established and supported by Save the Children. Our aim is to help children live happy lives. We do this by promoting inclusive investment and innovation. We work wherever children need us, whether it be with poor communities in Kigali, or refugee camps, our support and investments go where help is needed most.

Kumwe exists to support the growth, success and sustainability of child-focused entrepreneurial companies through an array of business and technical support, resources and services. This includes piloting new approaches within Save the Children’s existing programmes, provision of capital through grants, loans and investments, and building of technical expertise through coaching, mentoring, and networking through our global partnerships. Not only does this approach empower locally-led solutions, but our focus on investment and returns means that it is also more sustainable than traditional aid programming.

The Investment Coordinator will play a crucial role in ensuring that Kumwe Hub achieves its vision of helping children in Rwanda live happy lives through inclusive investment and innovation. The role holder will manage Kumwe Hub’s growing portfolio of business partners. They will ensure that Kumwe Hub understands business partners’ progress and needs, and that these partners are aware of the different services and support rounds that we offer.

ROLE SCOPE AND PURPOSE: 

Investment Coordinator will have responsibility for delivering on the following:

Business Engagement:

• Educate entrepreneurs about our financing offerings and associated responsibilities.
• Maintain regular interaction with businesses supported by Kumwe Hub and keep up to date on their progress, innovations, achievements, and challenges as well as gather feedback on the financial and non-financial services.

Investments Preparation and Management:

• Coordinate diverse investments on Kumwe Hub Thematic Focus across all countries of operation.
• Run competitive and transparent business selection and onboarding processes including releasing calls for applications, analysing applications, collating applicant information, and organizing selection committee meetings.
• Working with delivery partners to ensure disbursement of investments (ie conducting investment appraisals, gathering detailed information, facilitating account opening, executing investment contracts, monitoring delinquency and default rates to meet yearly goals), as well as delivery of business support services.

Funder/Investor Engagement:

• Play critical role in engaging and building good relations with funders/investors. This includes maintaining communication/interaction, preparing monthly updates, consulting donors on changes in the project context, and proactively addressing issues that could affect achievement of project goals.

Impact Measurement:

• Work with the Impact team to conduct baseline, mid-term and endline surveys; tracking progress of supported businesses, focused on impact on children, youth and families.

Budget Management:

• Preparing and managing project budgets is a key part of the role, ensuring budget utilisation and financial reporting are accurate. Supported by a finance team, the role holder will stay close to budgets and ensure budget vs actual analysis (BvA) is accurate.

Reporting:

• Responsible for preparing quarterly and annual project reports in accordance with both SC internal and donor reporting requirements. This includes monitoring and gathering information on business performance, tracking the evolution of businesses, and developing short case studies.
•  Ensure the Project Reporting, Information Management and Evidence System (PRIME) is duly populated and regularly updated.

Coordination of Business Mentoring: 

• Support the recruitment of business mentors, connect them to businesses and monitor the mentor-mentee journey, including preparing mentors’ information packs and facilitate matching of mentors to businesses.

Organising Business Partner Events:

• Organise and facilitate business events including workshops, training, meetings and visits to businesses that are supported by Kumwe Hub.

QUALIFICATIONS AND ELIGIBILITY 

• Degree in finance, business management, international development or other related field, or equivalent experience.
• We are committed to equal employment opportunities, regardless of gender, sexual orientation, race, colour, ethnic origin, nationality, disability, marital or civil partnership status, gender reassignment, pregnancy and maternity, caring or parental responsibilities, age, or beliefs and religion. Qualified women who originate and reside in the African continent are particularly encouraged to apply.

EXPERIENCE AND SKILLS

• Essential
  • Strong understanding of group lending products and loan management.
  • Experience in microfinance, capital leases, and small business finance preferred.
  • Ability to handle difficult situations and assertively communicate with debtors.
  • Comfort with legal processes and litigation preferred.
  • Excellent attention to detail, follow-through, and critical thinking skills.
  • Fluency in English and Kinyarwanda.
  • Minimum 5 years of relevant work experience.
• Desirable
  • A conceptual and theoretical understanding of innovation and impact investing particularly with a focus on helping children achieve their rights.
  • An existing network of contacts and connections to relevant groups, forums and businesses operating in the start-up eco-system in Kigali.

CHILD SAFEGUARDING: 

This position is on Child Safeguarding- Level 3: the post holder will have contact with children and/or young people either frequently (e.g. once a week or more) or intensively (e.g. four days in one month or more or overnight) because they work country programs; or are visiting country programs; or because they are responsible for implementing the police checking/vetting process staff.

ANTI-HARASSMENT POLICY

We are committed to ensuring a safe working environment for all those who work for us and for all those who come into contact with our staff and representatives, including children and members of the communities with whom we work.

SCI takes a zero tolerance approach to sexual harassment and any other conduct that is discriminatory or disrespectful to others.

We need to keep children safe so our selection process reflects our commitment to the protection of children from abuse.

*Note that only shortlisted candidates will be contacted. *

*Disclaimer: Save the Children International does not charge any kind of fee at whichever stage of the recruitment process*

ABOUT US

The Organization
We employ approximately 25,000 people across the globe and work on the ground in over 100 countries to help children affected by crises, or those that need better healthcare, education and child protection. We also campaign and advocate at the highest levels to realise the right of children and to ensure their voices are heard. We are working towards three breakthroughs in how the world treats children by 2030:

• No child dies from preventable causes before their 5th birthday
• All children learn from a quality basic education and that,
• Violence against children is no longer tolerated

We know that great people make a great organization, and that our employees play a crucial role in helping us achieve our ambitions for children. We value our people and offer a meaningful and rewarding career, along with a collaborative and inclusive workplace where ambition, creativity, and integrity are highly valued.

Application Information:
Please apply using a cover letter and up-to-date CV as a single document. Please also include details of your current remuneration and salary expectations. A copy of the full role profile can be found at www.savethechildren.net/jobs We need to keep children safe so our selection process reflects our commitment to the protection of children from abuse.

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