Fund Manager

Social Innovation Fund Ireland
Fund Manager

Contract: 3 years
Based: Dublin, Cork or Galway
Salary: €45,000 – €60,000, subject to experience
Benefits: 24 days annual leave
Pension: 8% pension contribution, on completion of probation

ROLE PURPOSE
Manage a portfolio of awardees in the youth sector, focused on youth mental health and wellbeing, and on education, to meet programme targets, by driving maximum achievement of social impact, in line with investment objectives and conditions.

JOB DESCRIPTION
Reporting to a Fund Director, this role will drive and deliver Social Innovation Fund Ireland’s impact, working closely with our small and agile team, and working in high growth, fast-paced environment. It is a critical relationship manager with SIFI applicants, awardees, and the wider SIFI community, including donors. Success will look like a group of self-evidently impactful awardees. These awardees will have been selected through SIFI’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, sustainable impact and a potential contribution to system change.

Responsibilities include:
To secure high-quality applicants by leading Fund promotion and the recruitment of applications
To run the call for applications and project selection process,
To co-design the capacity building and Accelerator/Gamechanger programmes, which will be delivered in part by you / SIFI and in part by commissioned partners
To lead and manage the investment relationship with relevant SIFI awardees, including performance management and holding them to account.
To work with the awardees (successful applicants) to develop growth plans, define their social impact goals, structure the growth capital in the form of grants and non-financial supports to ensure that they target growth, build the capacity of the projects to deliver the promised impact, and manage the input of the non-financial supports.
To commission and coordinate the relationship between suppliers, consultants, awardees and SIFI
To work closely and collaboratively with the academic evaluators of the Fund
To build successful partnerships with other organisations as required
To set (in conjunction with your line manager), and to meet programme targets
To manage budgets and provide financial reports and social impact reports to the CEO, team, and Board.
To support the marketing, fundraising and communications work of SIFI
To be an Ambassador for SIFI.

PERSON SPECIFICATION
Social Innovation Fund Ireland seeks a needle in a haystack.
You will be someone with the qualities and skills that will include these:

REQUIRED
Experience – 10 plus years’ relevant experience
Demonstrated leadership skills
Experience or nuanced understanding of the distinctions and unifying factors of for-profit and not for profit organisations
Experience of innovation contexts.

Analytical and Business Skills
Demonstrated ability to analyse material and summarise, distill and synthesizse quickly – both verbally and in writing
Ability to analyse/write a strategic or business plan
Excellent report writing skills
Experience in research, impact measurement and an understanding of academic evaluation processes
Track record of project management in the business and/or social sector
Ability to demonstrate/develop an investment perspective.

Financial Skills
Ability and experience in analysing financial statements, developing a business plan and cash flow projection, and cost control.
Experience of preparing and managing project budgets.

People and leadership skills
Track record of partnership building
Ability to build trust, even against the odds
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
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
Desire and ability to be an Ambassador for SIFI
You like and believe in young people.

DESIRABLE
Experience, knowledge of and interest in the youth sectors, and young people, in particular education and mental health
Experience and knowledge of social impact definition and business planning processes
Experience of capacity building work with companies/organisations
Experience in managing a portfolio of organisations in an investment or philanthropic context
Experience in community building and community management
Management – Experience of line managing people, providing support and guidance.
Experience in advocacy work for system change
Track record of overcoming barriers and creating a dialogue between difficult stakeholders.
Candidates based in Cork and Galway will have an advantage.

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 SIFI in accordance with SIFI’s vision, mission and values, will undertake training and development as requested by CEO, and may be asked to take on other duties at the request of the CEO.

To apply please submit your online application here by 13th February 2019 at 5pm. If you have any questions please reach out to Martina von Richter, Fund Director at careers@socialinnovation.ie.

ABOUT SOCIAL INNOVATION FUND IRELAND’S WORK
About Social Innovation Fund Ireland

Our mission is to find and back the best social innovations in Ireland and to enable them to scale and maximise their impact. Our vision is the world’s best ecosystem for supporting social innovations – right here in Ireland.

SIFI was catalysed by the Irish Government to stimulate philanthropy and support the growth of Ireland’s best social innovations. To do this, the Government has set up a challenge fund – for every Euro, we raise in philanthropy it is matched by a Euro from Department of Rural and Community Development, through the Dormant Accounts Funds.

Social Innovation Fund Ireland practices active philanthropy through providing growth capital in the form of grants, as well as Accelerator or Gamechanger supports targeting growth. These can include growth planning, mentoring & other inputs tailored to the organisation’s needs.

There are four phases to the typical work programmes:

Finding the best social innovations – Prepare and run the call for applications, run the selection process according to SIFI processes, prepare recommendations on who should be selected for the awards
Investing in their social impact – A small number of awardees will receive a cash award plus a programme of non-financial supports that target growth. This role will manage the timing and targeting of the capacity building non-financial supports, to maximise the social impact by the Awardees, and will administer the financial supports.
Communicating the power of the programme – There are several opportunities during the programme to communicate externally about this awards programme. The Marketing Communications Manager will co-deliver the communications programme, which will include close liaison with the corporate partner, and will include working with the SIFI team on events management, public relations and media relations, supporting social media, and other communications channels.
Concluding the programme well – this requires capturing and communicating the social impact achieved by awardees during the programme, capturing lessons learned that can inform future programmes, and closing out relationships in a positive way.