President, Nuru Social Enterprises
- Nuru International
- Contact Information
ABOUT THE ORGANIZATION:
Nuru International’s mission is to end extreme poverty in remote, rural areas. Founded by Jake Harriman, a former U.S. Marine whose personal experiences fighting the war on terror around the world convinced him that extreme poverty is a contributing factor to the causes of 21st century terrorism and insurgency, Nuru equips local leaders with the tools and knowledge to build self-sustaining, self-scaling impact programs to lift their communities out of extreme poverty within seven years. Its impact programs are related to four areas of need: hunger; inability to cope with economic shocks; preventable disease and death; and lack of quality education for children.
Financial sustainability is a critical component of the Nuru model. Nuru Social Enterprises (NSE) exists to fill that function of the model. NSE invests in local entrepreneurs and incubates a diverse portfolio of profitable businesses in the developing world. Profits from these businesses are distributed to shareholders and reinvested into the local community development organization. Through this approach, NSE acts as the economic engine that fuels the sustaining growth of Nuru’s impact programs in each country it operates in, so that the local team can continue empowering communities in the region out of extreme poverty permanently – leveraging regional markets in lieu of philanthropy. NSE’s vision and mission are in direct support of Nuru International’s greater vision and mission statement.
For more information, please visit: www.nuruinternational.org
ABOUT THE POSITION:
Nuru International recently achieved three major milestones with the exit of expat staff from Nuru Kenya in June, the scale-up of Nuru Kenya operations to new districts led by the Kenyan team, and the completion of the co-creation of the four impact programs in Nuru Ethiopia. The organizational priority is now shifting to the final component of proof of concept of the Nuru Model – the successful scale-up of Nuru Social Enterprises to fully fund the ongoing work of Nuru Kenya at approximately $1.5m – $1.7M annually by the end of 2018.
The President will lead the effort to attain financial sustainability for the organization, leading the proof of concept and global scale-up of the NSE model. Responsibilities include, but are not limited to:
•Assess and refine NSE portfolio strategy, as well as overarching strategy for the holding company
•Create and implement SE business strategy to support Nuru International expansion to its third and fourth country projects, including highly fragile countries, incorporating Nuru International exit from each country within seven years
•Design a comprehensive financial model for NSE that can be used to inform strong, data-based decisions for the social enterprises and the country projects
•Ensure that all NSE entities are aligned with Nuru International’s overall vision, Core Values, Code of Conduct, and culture
•Drive profitability of Nuru Social Enterprises to achieve complete financial sustainability of Nuru Kenya by the end of 2018
•Refine and scale operations of NSE’s existing poultry, dairy, and consumer products businesses
•Build effective relationships with suppliers, customers, and other local partners
•Grow and manage the Social Enterprises (SE) team, including Social Enterprise Business Consultants, Associates, Analysts, and their local counterparts to scale SE businesses in Kenya and beyond, with full responsibility for a total 2016 budget close to 1M USD ($600K budget for Nuru Kenya Social Enterprises and $360K for NSE)
•Lead, inspire, and motivate SE teams to drive relentlessly toward profitability targets, serving as a strong leader, coach, and mentor
•Ensure the effective and efficient allocation and use of human and financial resources in support of NSE’s support mission for Nuru International
•Collaborate with Team Leaders and Country Directors of the non-profit entities to ensure mission alignment, effective communication, and sharing of resources where appropriate
ORGANIZATIONAL LEADERSHIP AND EXTERNAL RELATIONS
•Serve as a member of the Strategic Leadership Team, the head decision-making body for the organization
•Over time, support CEO and COO in seeking grant capital and impact investors to support NSE’s growth strategy
•Professionally and favorably represent NSE via conferences, speaking engagements, and donor events to investors, governments, media, funds, academic institutions, and corporations
The ideal candidate will possess the following qualifications:
•Bachelor’s degree in Business, Finance, or related field; MBA preferred
•10+ years of professional experience, including 4-6 years of business experience in developing markets, preferably East Africa
•Experience driving strategy and scaling operations for a start-up for-profit, hybrid, or social enterprise
•Strong problem-solving and analytical skills with an ability to clearly define strategic issues and make tough decisions in the face of ambiguity and incomplete information
•Demonstrated ability to set short- and long-term financial strategy and build financial models, ideally in the social enterprise context
•Experience leading, inspiring, and motivating teams to ambitious outcomes; strong ability and desire to invest in team members’ professional growth and hold team members to a high standard of excellence and accountability
•Ability to build and grow effective partnerships
•Clear passion for service and fighting social injustice
•Desire to live Nuru International’s values, including a strong commitment to servant leadership
LOCATION: Minimum 50% in East Africa (Isibania, Kenya; Kisumu, Kenya; others as required) and 50% at the Nuru International hub office in Orange County, CA
COMPENSATION AND BENEFITS:
Salary and benefits will be competitive and commensurate with experience.
QUALIFIED INDIVIDUALS, PLEASE APPLY:
Nuru International is an equal opportunity employer and welcomes candidates from diverse backgrounds.