Accion International

Operations Analyst, Accion Venture lab

Posted Date 1 month ago(10/29/2021 9:33 AM)
Job ID
2188
Company
Accion Washington, DC

 

Accion Venture Lab seeks a strategic and collaborative Operations Analyst to manage fund operations, provide fundraising and business development support, and manage relationships across internal and external stakeholders. The core and priority of the daily work is operational, but the role will provide exposure to all aspects of Venture Lab’s work, including pipeline development, deal evaluation, portfolio monitoring and analytics, market and sector analysis, organizational development and support of the wider impact investing industry – all with a focus on innovation in financial inclusion. The position is full-time in a dynamic, hard-working team, and is well-suited to professionals who are looking to gain direct impact investing experience by working with a leading global fund.

 

We are looking for a person to be based in Washington D.C. The Analyst will report to the Managing Director of Venture Lab and work closely with each member of the Venture Lab team in various capacities.

 

The ideal candidate will be highly organized, proactive, and possess excellent verbal and written communication skills. The candidate should have a demonstrated passion for social impact.

 

About Accion Venture Lab

Accion Venture Lab is a leading early-stage impact investor in inclusive fintech startups.  We believe that affordable, well-designed financial services enable economic growth and prosperity for underserved populations in the world.  Accion Venture Lab invests globally in the most innovative models and technologies delivering quality financial services to underserved households and small businesses with the potential to scale. Backed by commercial and impact investors since the launch of its third-party fund in 2019, Accion Venture Lab has invested in more than 55 early-stage startups that operate in 35 countries worldwide. Accion Venture Lab is a part of Accion, a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. Accion catalyzes financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of – or poorly served by – the financial sector. For 60 years, Accion has helped tens of millions of people through our work with more than 170 partners in 55 countries. For further information, visit https://www.accion.org/venturelab.

 

We have managed double bottom line funds focused on our mission of financial inclusion. We employ a rigorous sourcing and diligence process, investing in companies poised to take advantage of the investment themes we believe will be successful in the future, and by adding value in the form of strategic and operational support through our governance and portfolio engagement functions. Most importantly, we have created a model of social impact that many in our industry look to emulate. Since inception, our companies have helped bring financial services to 37 million underserved consumers and small businesses and they have, since our investment, gone on to raise nearly $1B in further capital to grow and scale. 

 

Why you should consider working with us:

 

We are pioneers in our space. As the leading global seed-stage investor for inclusive fintech, we have proven an ability to be catalytic and influence the industries we work in: impact investing, fintech, early-stage entrepreneurship. We exist to go places where others don’t, and we are not being afraid to make our perspectives known. We have always played an important role in shaping the nascent spaces we work, and we will continue to do so into the future.

 

We are curious seekers of new ideas. We are constantly trying to improve our work and gain insight to new innovations, new markets, and new ways of thinking. We focus on team learning and reflection through deep dives and quarterly retreats, and our entrepreneurial environment builds autonomy and ownership, so that we’re empowered to make decisions and shape our industry. We delve deep into wide-ranging topics related to fintech and economic development and, as an Investment Officer, you will be making a meaningful contribution to shaping our investment strategy and focus in the region.

 

We get ambitious things done in a fun and collaborative environment. Accion Venture Lab is a place for creating lasting impact in the world. We recognize the importance of what we do, but we know we will be stronger and more effective together. We are supportive and collaborative, energized by working as a team and working to support the broader ecosystem. As a member of our team, you will have an ambitious agenda, but you’ll get plenty of support from your managers and peers—in addition to regular learning events, an individual professional development benefit, peer brainstorm and review opportunities, as well as opportunities to collaborate with leaders in our field.

 

We do work that matters. At Accion Venture Lab, everything that we do always begins with an understanding of the real world and how innovative inclusive fintech companies can help us achieve tangible social impact. As a result, our work is not academic and abstract—it drives the real-world decision-making of entrepreneurs, investors, and others in the ecosystem. We are laser focused on ensuring that our work does, in the end, advance inclusive financial systems for low-income people around the world.

 

We appreciate each other as people. We know that to grow we need to surround ourselves with people who have had different experiences and backgrounds to ensure creativity of thought and constant learning. We celebrate creativity and learn from our mistakes. In this position you will have a seat at the round table and can present and deeply discuss team research done by yourself and others in related subjects.

 

We are part of a powerful network. Venture Lab is part of the Accion family. Accion catalyzes financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of — or poorly served by — the financial sector. For 60 years, Accion has helped tens of millions of people through our work with more than 170 partners in 55 countries. More at http://www.accion.org.

 

   

Primary Duties & Responsibilities

Key areas of responsibility for this role include:

  1. Fund Operations
    • Manage all transactional processes for the fund including capital calls, investment disbursals and fund expenses
    • Provide support on fundraising processes, including fulfilling investor diligence requests
    • Provide valuation reporting and financial statement review in cooperation with the Fund Administrator
    • Support both internal Accion and Fund annual audit processes by coordinating with portfolio companies and internal stakeholders
    • Answer day-to-day fund-related requests and inquiries
  2. Portfolio Management & Investment Support
    • Coordinate with internal Accion departments and external partners, including investors and grant funders, to fulfill reporting requests related to the Venture Lab portfolio and team activities
    • Coordinate across Fund stakeholders, including Limited Partners, to fulfill information requests
    • Perform market research as part of due diligence on new investment opportunities
    • Participate in meetings related to investments and due diligence
  3. Business Development and Marketing
    • Support Venture Lab’s external positioning and drive industry recognition, including development and circulation of marketing collateral, newsletter updates, blogs, tweets, etc.
    • Provide support for event planning including content creation, venue selection and coordination, fundraising and attendee management
    • Create material for industry presentations and reports
  4. Knowledge Building and General Administration
    • Perform market deep dives to update the team and influence investment theses
    • Coordinate across team to facilitate fluid operations

  

Qualifications & Requirements

Required:

  • Bachelor’s degree in Finance, Accounting, Business Administration, Marketing, International Business and / or Communications (or related fields)
  • Demonstrated organizational skills; exceptional ability to prioritize workload, track assignments and provide support to colleagues
  • Strict attention to detail
  • Excellent professional verbal and written communication skills
  • Keen understanding of financial statements and accounting principles
  • Advanced computer skills with Microsoft Office Suite, especially Excel and PowerPoint
  • Strong entrepreneurial spirit and a passion for entrepreneurship and market-based solutions to poverty

Preferred:

  • 1-2 years work experience
  • Past experience working or living in emerging markets
  • Previous operational support experience from past jobs (including summer internships)
  • Knowledge of financial inclusion and/or impact investing industry a plus
  • Experience with digital marketing and social media

Travel Requirements:

Minimal travel required.

 

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