Orange Corners Innovation Fund

4 weeks ago

Lagos, Lagos, Nigeria FATE Foundation Full time

Job Summary:

  • We seek a results-driven, analytical, and innovative Orange Corners Innovation Fund OCIF Analyst who is enthusiastic about supporting and linking young startups with financing opportunities.
  • The ideal candidate will provide support for the implementation of the Orange Corners Nigeria Innovation Find OCIF and incubatee companies under the Trach I and Track II Funds towards achieving the goals of the FATE School.

Key responsibilities will include:

  • Ensure proper financial management of the Orange Corners Innovation Fund OCIF to achieve effective and efficient implementation of OCIF Nigeria activities in line with guidelines from the Ministry of Foreign Affairs MFA in collaboration with the OCIF Manager.
  • Ensure effective use of OCIF Track II funds by the entrepreneurs and track the timely repayment of loans for OCIF Track II participants.
  • Assist OCIF entrepreneurs in applying for the OCIF Track I and Track II funding.
  • Monitor disbursement and use of OCIF Track 1 funds in accordance with the agreed guidelines.
  • Provide support in facilitating an efficient review process for entrepreneurs to apply and be screened for the OCIF Track II funds.
  • Provide support and capacity building for entrepreneurs selected to access the orange corners Track II funds.
  • Offer guidance on the effective formation and operation of the OCIF Committees, as well as proactive reporting as required.
  • Collaborate with the OCIF Manager in reconciling and reporting OCIF funds appropriately.
  • Process required applications to Netherland Enterprise Agency NEA for OCIF fund receipt, as required.

Qualifications & Requirements

  • Minimum of 2 - 3 years relevant work experience in project management, finance or related field.
  • Interest in and understanding of funding and supporting innovative young entrepreneurs.
  • Well-organized, detail-oriented, with the ability to multi-task and work effectively under tight deadlines.
  • Ability to engage effectively with various stakeholders and collaborate with team members respectfully.
  • Collaborative mindset with a sense of accountability, while also capable of working independently when required.
  • Basic understanding business and investment acumen.
  • Excellent written and verbal communication skills.
  • Proficiency in numerical analysis and basic financial management.
  • Proficiency with Microsoft Office Suite, particularly Excel, Word, and PowerPoint.
  • Strong presentation and report writing skills.
  • Analytical mindset and problem-solving skills.
  • Very strong interest and passion for the non-profit or development sector.
  • A bachelor's degree in Business Administration, Economics, Finance, or any related discipline from an accredited university.
  • Strong passion and interest in Nigeria's entrepreneurship ecosystem.

Benefits

  • Paid Annual Leave, 13th Month Allowance, Pension, Health & Group Life Insurance.
  • Exciting, inspiring, growth-focused and inclusive work environment.
  • Opportunity to meet innovative entrepreneurs and impact Nigeria's entrepreneurial ecosystem.
  • Opportunity to develop your strategic thinking and people management skills and career development potential.
  • Intentional learning experiences, strong job ownership, and paid professional development support.
  • Opportunity to develop and sharpen your personal leadership and communication skill.

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