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Business Development Advisor

INKOMOKO

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Business

Business Development

Addis Ababa

3 years

1 Position

2022-12-14

to

2022-12-22

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Business

Full Time

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Job Description

Inkomoko supports entrepreneurs to grow their businesses in order to improve livelihoods and create thriving communities. 

Founded in 2012, Inkomoko has worked with more than 41,000 entrepreneurs across East Africa, including thousands of refugee entrepreneurs, resulting in thousands of new jobs and more than $50M in new revenue in communities.  

Inkomoko provides a combination of training, consulting, access to finance, and market-level systems change.  We are the largest lender to refugee entrepreneurs in Africa, and seek both social impact and financial sustainability.  

Inkomoko has +200 staff in 18 offices across Rwanda, Kenya, and Ethiopia. Through Inkomoko’s 2030 strategic plan, we are expanding to 5 additional countries to serve more than 550,000 entrepreneurs with our services and growing our $30M loan fund.

Company Values

All staff at Inkomoko are connected to a shared set of organizational values:

  • Purpose: be solutions-oriented and produce high-quality work and be a global leader.

  • Achievement: push yourself to reach beyond what you think is possible. 

  • Improvement: be humble and committed to continuous learning and growing through giving and receiving open and accurate feedback.

  • Bravery: willing to take risks, create a safe space for others, and be compassionate, and inclusive.

  • Turikumwe/Tuko Pamoja/ Abren Nen (“We are together”): appreciate your colleagues, celebrate success, and support each other in hard times.

About the Opportunity

Inkomoko Ethiopia seeks a highly talented and experienced Business Development Advisor to work directly with entrepreneurs to help them develop the skills to scale their businesses.
Current responsibilities include:

Responsibilities

TRAINING(30% time)

  • Manage training for all incoming refugees and host entrepreneurs in the Business Growth Department

  • Implement training as part of the ongoing classes scheduled for Inkomoko entrepreneurs

  • Deploy a wide variety of training methods both in person and digital - iterating as needed

  • Develop new and review existing content to match entrepreneurs' needs and refugee business dynamics;

  • Draft training reports and updates the online reports;

  • Mobilize and follow up on entrepreneurs to ensure high attendance;

  • Coordinate with Training Support Associate for smooth logistics;

  • Participate in capacity-building workshops on various topics related to business growth, including HR, accounting, finance, marketing, human-centered design, and innovation.

STRATEGIC ADVISING & ENTREPRENEUR RELATIONSHIP MANAGEMENT(40% time)

  • Conduct business assessments to identify entrepreneurs' needs and market opportunities

  • Develop business strategies and comprehensive business plans for entrepreneurs

  • Generate financial statements, forecasts, and profitability analyses for entrepreneurs

  • Develop and implement accurate financial reporting and booking systems for entrepreneurs;

  • Assist entrepreneurs with the implementation of business plan recommendations;

  • Advise entrepreneurs on financing and investment opportunities/challenges;

  • Help entrepreneurs prepare for financing or investment opportunities (Investment and equity financing);

  • Provide expert advice; help entrepreneurs to navigate challenges and make sound business decisions

  • Conduct assessments of entrepreneur businesses to understand business needs, challenges, and opportunities;

  • Conduct research on the industry, competitors, and customers;

  • Manage entrepreneur relationships and provide a single point of contact for assigned entrepreneurs;

  • Manage the schedule and delivery of services throughout entrepreneur engagements;

  • Regularly track and report on the progress of entrepreneur work and deliverables;

  • Maintain and organize entrepreneur files

GENERAL ADMINISTRATION (20% time)

  • General maintenance of entrepreneur files, reports, and coordination with colleagues.

  • Contribute to staff meetings, annual retreats, and monthly entrepreneur Services meetings. 

  • Participation in ongoing entrepreneur tracking and implementing Inkomoko’s impact evaluation programs every quarter/year 

  • Represent Inkomoko  in partners' meetings and any other events in camps as assigned

  • Participate in the development of Inkomoko goals, strategies, and planning

  • Represent Inkomoko in the local business community and at conferences or other events

  • Keep up to date on the latest business and industry trends in Ethiopia and across Africa

Job Requirements

Minimum Qualifications

We are looking for individuals who are passionate about entrepreneurship and have the skills and experience to help entrepreneurs make lasting changes to their businesses. We are seeking candidates who work quickly and thoroughly, collaborate, and are both kind and serious. 

The ideal candidate will have the following qualifications: 

  • Skilled/ with expertise in market linkages and value chain management to MSMEs;

  • Excellent Arabic, Amharic, and English;

  • Experience working in refugee settings with different nationalities in Assosa and being a native of the Assosa region would be an advantage;

  • Background in finance or ability to produce financial reports/projections for entrepreneurs; 

  • Deep understanding of go-to-market strategies and growth strategies for businesses in the area of consumer goods; 

  • Past experience writing business plans in preparation for investment;

  • Ability to work with high-profile individuals and companies by demonstrating exemplary levels of professionalism; 

  • Strong presentation and training skills, and ability to teach others business concepts;

  • Possess business acumen, and original thinking; 

  • Excellent computer skills – including Powerpoint, Word, Excel, Odoo, Kobo-collect, Google Drive, etc;

  • 3+ years experience, in working with MSMEs is required; 

  • Bachelor’s degree required in a Business related field; 

  • Additional Master’s studies or CPA skills preferred; 

  • Good at translation from English to local languages (Amharic, Arabic), would be an advantage

  • Ready to reside in Assosa 

What You'll Get

This role is a tremendous opportunity to work in a high-growth, mission-driven organization.  

Our compensation includes a great working environment and competitive compensation:

  • Competitive salary, and potential KPI-based bonus

  • Benefits include health insurance, annual leave, a staff savings program, parental leave for men and women, a sabbatical program, and more.

  • Incredible company culture, including deep investment in your learning and growth, and opportunities for career growth; 

  • Opportunity to work with a talented team of professionals across the region; 

  • Ability to make a significant social impact and contribute to economic growth; 

How to Apply

Register using the following LINK

Fields Of Study

Business

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