Fund Manager: Social Enterprise

Contract:      2 Year Fixed Term Contract – Full Time

Based:           Dublin, Cork or Galway

Benefits:       24 days Annual Leave. 8% employer pension contribution following successful completion of probation

Hybrid (With the opportunity to work from home & flexible working)

Salary:           €45,000 –  €55,620 based upon experience

 

COMMITMENT TO EQUALITY

We are an equal opportunity employer. We believe that diversity and inclusion drive success and help us to achieve our highest potential as an organisation. We commit to respect, equality, inclusion and diversity, both in our workforce and in our engagement with others. We strongly welcome applications from members of minority and marginalised communities.

 

ABOUT RETHINK IRELAND

Rethink Ireland (previously Social Innovation Fund Ireland) supports the most innovative non-profit organisations working in communities across the country. We believe that a team effort is more effective than working alone. So joining forces with the Government, companies, families, individuals and foundations, who understand as we do that lasting change demands new thinking, is how we do business.

Together we create funds to help innovations rise to the challenges of our most pressing social and environmental issues. Our cash grants and business supports enable social innovations to develop and maximise their impact. This is our venture philanthropy model. The groups we support and the donors who support us don’t just think differently. They act decisively on their ideas to build a more equal, just and sustainable Ireland.

 

What is social innovation?

At Rethink Ireland, we define social innovation as the successful delivery of new approaches to meet social needs more effectively and sustainably than those currently available.

Our mission

Our mission is to support the best social innovations so that they can grow and maximise their impact across Ireland.

Our vision

Our vision is an Ireland which is more just, equal and sustainable because of social innovation.

ROLE PURPOSE

The purpose of this role is to develop and deliver the social impact of Rethink Ireland by managing a portfolio of awardees to meet programme targets, driving maximum achievement of social impact, in line with investment objectives and conditions.

 

JOB DESCRIPTION

This Fund Manager role is within the Social Enterprise investment  areas. The Fund Manager may be required to work in other investment areas in due course in line with organisational needs based on the evolving work programme.

Reporting to a Senior Manager within the Portfolio Management Team and working closely with other Business Units including Marketing Communications, Finance and Business Development Teams, this role will drive and deliver Rethink Ireland’s impact, contributing to our ever-expanding team structure, and working in a high-growth, fast-paced environment.

It is a critical relationship manager with Rethink Ireland applicants, awardees, and the wider Rethink Ireland community, including donors. The Fund Manager will work across multiple Funds, and success will look like groups of self-evidently impactful awardees. These awardees will have been selected through Rethink Ireland’s rigorous selection process, and will have participated in a powerful capacity-building programme, which they all agree was transformative in building their future plans for increased local and national growth and impact.

Responsibilities include:

  • To run the call for applications and selection process of applicants for new Funds as well as due diligence processes.
  • To secure high-quality applicants by leading Fund promotion and the recruitment of applications.
  • To lead and manage the investment relationship with relevant Rethink Ireland awardees, including performance management and holding them to account.
  • To work with the awardees to develop growth plans and define their social impact goals, and structure the award in the form of cash grants and non-financial supports to ensure that they target growth and build their capacity to deliver the promised impact.
  • To co-design the capacity-building programmes for awardees, which will be delivered in part by you / Rethink Ireland and in part by commissioned partners
  • To lead the successful close-out of funds including completing donor reporting on time and working closely with the Marketing and Communications Team.
  • To manage Fund budgets and provide financial reports and social impact reports to the CEO, team and Board.
  • To lead the implementation of social impact and portfolio management systems including impact and financial reporting
  • To prepare and submit grant payments for approval based on awardee performance and compliance
  • To commission and coordinate the relationship between suppliers, consultants, awardees and Rethink Ireland
  • To support the management and development of relationships with key stakeholders and to build successful partnerships with other organisations as required
  • To set (in conjunction with your line manager), and to meet programme targets
  • To line manage other team members if needed
  • To support the marketing, fundraising and communications work of Rethink Ireland
  • Like all staff, you will act as an ambassador for Rethink Ireland at all times.

The Fund Manager will meet programme targets and will track progress and prepare reports on the social impact achieved. He/she will at all times represent Rethink Ireland in accordance with Rethink Ireland’s vision, mission and values, will undertake training and development as requested by the Impact Director/CEO, and may be asked to take on other duties at the request of the Impact Director.

PERSON SPECIFICATION

You will be someone with the following qualities and skills:

REQUIRED

Experience – 5 to 10 years relevant experience

  • Demonstrated people management and leadership skills
  • Track record of project management in the area of social enterprise/social business
  • Experience in impact definition, measurement and management
  • Knowledge and understanding of social enterprise/social business
  • Experience of working with/supporting not-for-profit organisations including knowledge and understanding of their features, operating contexts and capacity-building needs

Analytical and Business Skills

  • Experience of social impact definition, measurement and management
  • Experience of strategic and business planning processes
  • Experience of capacity-building work with organisations
  • Demonstrated ability to analyse material and summarise, distil and synthesise quickly – both verbally and in writing
  • Excellent report writing skills

Financial Skills

  • Experience of preparing and managing project budgets including forecasting and cost-controlling
  • Familiarity with analysing financial statements

Communication Skills

  • Excellent verbal and written communication skills

People and leadership skills

  • Management – Ability to line manage people, provide support and guidance.
  • Leadership – Capacity to lead a group of diverse innovators and leaders to work towards ambitious targets and a shared common vision/goal.
  • Track record of partnership building.
  • Ability to build trust, even against the odds.
  • Skilled in the arts of negotiation and persuasion.

General

  • Commitment to excellence.
  • Comfort with an entrepreneurial culture and a fast-moving environment.
  • A natural curiosity and a desire to learn.
  • Drive and ambition.
  • Ability to demonstrate the highest levels of integrity and ethical fibre.
  • Ability to be an ambassador for Rethink Ireland.

DESIRABLE

  • Experience of supporting marginalised communities from an empowerment perspective
  • Experience of managing a portfolio of organisations in an investment or philanthropic context
  • Experience (or interest) in research and an understanding of academic evaluation processes
  • Strong skills in finance, accounting, investment or financial analysis
  • Postgraduate Degree in relevant discipline e.g., social science, community development or innovation

Our Values

  • We work with our hearts and our heads – we value compassion, passion and fun.
  • We take smart risks and we allow permission to fail because we know that innovation and risk are two sides of the same coin.
  • We believe that social change is a team sport. We build trusted relationships, and we choose to collaborate to achieve our goals.
  • We are curious and hunger to learn.
  • We value bold ideas and bold leadership, and we develop remarkable people.

We are an equal opportunity employer and we strongly believe that diversity and inclusion lead to success. The work we do is underpinned by respect, equality, inclusion & diversity. In line with Ireland’s Equality Legislation we actively oppose discrimination on the following 9 grounds:

  1. Gender.
  2. Civil status: single, married, divorced, etc.
  3. Family status: if you’re the parent or person responsible for a child over 18, or if you’re the main carer or parent of a person with a disability.
  4. Sexual orientation.
  5. Religion.
  6. Age.
  7. Disability.
  8. Race.
  9. Traveller community.

We also actively oppose discrimination on the grounds of socio-economic disadvantage.

HOW TO APPLY?

Please apply by this LINK 5.30pm Friday 20th September 2024.

If you have any questions, or would like to discuss the role, please contact us at careers@rethinkireland.ie.

Please note that any information you submit will be used for recruitment purposes only. Your record will be deleted after the process is completed.

 

Apply today!