Acumen seeks enthusiastic individuals to work with the Impact team in the Mumbai Office
Passion, entrepreneurial spirit, and commitment to tackling the issues surrounding global poverty are just a few of the things that the team at Acumen have in common with our community of supporters. What we aim to accomplish with our work is no easy task, and we can’t reach our goals without the generous support of high-calibre and enthusiastic talent within our community who offer their time and skills to help us in our mission.
Acumen is a non-profit that raises charitable donations to invest in companies, leaders, and ideas that are changing the way the world tackles poverty. Acumen’s vision is that one day every human being will have access to the critical goods and services they need so that they can make decisions and choices for themselves and pursue lives of greater purpose. This is where dignity starts – not just for the poor but for everyone on earth.
Acumen has invested more than $83 million of patient capital in more than 60 social enterprises in South Asia, East Africa and West Africa that have collectively served more than 90 million customers. We have teams on the ground in India, Pakistan, Kenya, Ghana, and New York, and we aim to build strong local structures that are deeply interconnected to the global organization through shared goals.
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. Today, India represents our largest portfolio with $31M approved and invested in over 28 portfolio companies across healthcare, energy, water & sanitation, agriculture and education. Some of our portfolio companies like Ziqitza Healthcare, WaterHealth International, Global Easy Water Products and Husk Power systems that are revolutionizing their sectors The office is staffed with a team of professionals from diverse backgrounds including investment banking, venture capital, management consulting, social enterprise, law, and accounting.
Learn more: http://acumen.org/
Acumen brings patient capital to solve some of the world’s toughest problems head-on, and our most important scorecard is social impact. Ultimately our goal is to understand with rigor the change in the lives of the poorest our investments catalyse; to understand our successes and failures; and to provide transparency for investors and organizations looking to maximize the social impact that their philanthropic and investment capital can make.
The Impact team is tasked with finding the answers to these difficult questions. To date we have developed methods and infrastructure of evaluating financial, operational, and social metrics, including environmental impact, across our portfolio. Acumen has long been a field-builder in pioneering infrastructure that has allowed for greater standardization and comparison of performance for impact investing: including co-developing a set of industry standards called the Impact Reporting and Investment Standards (IRIS), co-founding the Aspen Network for Development Entrepreneurs (ANDE) as well as the Global Impact Investing Initiative Network (GIIN), and, in partnership with Google and Salesforce, creating the PULSE software platform for metrics collection (now integrated to B-Analytics).
This work has demonstrated that our investments can scale and improve tens of millions of lives in the poorest parts of the world, and helped improve our ability to identify investments that create greatest poverty impact. However, there is more work to do. The impact team is pushing forward ground-breaking methods of impact evaluation, tailored to the impact investing field including our in-house Lean Data approaches. Through this endeavor we aim to better understand the how and why of creating impact through patient capital investing and so improve the lives of the millions of people our investments and investees serve.
part of the Impact team in India you will work closely with the India Impact lead, as well as the whole of the India office, to drive forward Acumen’s Impact agenda.
Specifically, you will:
Implement Acumen’s Impact Measurement Systems, In Both Investment Diligence And Post-Investment Management.
Work With Acumen Investees In India To Improve Their Data Collection, Implementing Our Lean Data Programmes, With A Strong Focus On Understanding, Explaining And Winning Buy-In For ‘Why’ Of Data Collection.
Manage Data Collection And Analysis Projects, Which Will Entail Cleaning, Analyzing, And Synthesizing Large Data Sets In Excel And STATA
Assist In Research Initiatives, Especially For Education And Agriculture Sectors, With The Aim Of Creating New Knowledge For Our Sector And Beyond Regarding The Role Of Enterprise And Investing In Poverty Alleviation.
Qualifications & Characteristics
Candidate With MBA Or Similar Graduate-Level Degree
Demonstrated Success Conducting Primary/Secondary Research, Analyzing Data, As Well As Both Providing Advice And Implementing Change Based On Such Results
Experience In Data Analysis And Data Representation
Management Consulting Or Past Investing Experience Is A Plus
Academic Training Or Work Experience Focused On Agriculture And Education Is A Plus But Not Necessary.
India Or International Work Experience; Capacity To Work With A Team Across Different Countries/Cultures
Additional characteristics we’re looking for in this role at Acumen Fund:
Commitment To, And Enthusiasm For, The Organization’s Mission And Business Model, And Respect For Our Core Values: Generosity, Accountability, Humility, Audacity, Listening, Leadership, Integrity, Respect
Solid Operational Skills Including Problem Solving And Project Management Skills, Including Ability To Work And Deliver Projects Independently, Proactively And Under Pressure
Effectively Collaborates With And Across Teams, Seeks And Provides Constructive Feedback
Exceptional Relationship And Interpersonal Skills: Courtesy, Tact, Patience And Strong Team Orientation
Strong Communication Skills
A Sense Of Humor (Really)
Duration: 20-24 weeks
Acumen India are seeking someone to work from our Mumbai office for a 5 month period, subject to extension but not more than 6 months.
It should be noted that:
All Travel And Accommodation Costs Will Need To Be Borne By Applicants.
Applicants Must Be Eligible To Work In India. Acumen India Will Not Be Able To Assist Applicant In Procuring An Employment Visa.
Acumen India Will Cover Costs For Domestic Work Related Travel.
Acumen India offers a stipend
Location Mumbai, India
Please submit a resume and cover letter (not to exceed one page) via our applicant tracking system http://acumenfund.theresumator.com/apply/pr5f3W/India-Short-Term-Portfolio-Associate.html .
Feel free to reach out to Veena Shetty at email@example.com for any queries related to the role.
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