PRESIDENT - Net Impact : Job Details

Acumen dreams of a world where every individual can live with dignity. Established in 2001 by Jacqueline Novogratz, we merge the dynamism of entrepreneurship and investment, with the heart of philanthropy.

Our story is one of innovation, moral leadership, and transformational change. Weseek a leader who will support our vision as we continue to extend beyond the conventional boundaries of investment, embodying our core values and leading the organization forward to create sustainable change in the fight against poverty.

Patience is a revolution. We solve problems of poverty unlike any other investor on the planet.

About Acumen:

Acumen is changing the way the world tackles poverty by investing in companies, leaders, and ideas. With a commitment to using entrepreneurial approaches to solving poverty and building a world of dignity, Acumen is on a path to managing multiple portfolios with assets totaling more than $750M. Our investments to date have brought critical energy, healthcare, agriculture and education resources to more than 650 million individuals.

When markets work for everyone, people in poverty have the power to transform their lives.

We build these markets by training better leaders and investing in better businesses.

Our investment isn't only about capital: we've been investing in innovators for nearly a quarter century, connecting with emerging leaders around the world and engaging them in collective dialogue, moral inquiry, and skill building. Acumen Academy is our global school for social impact, empowering individuals to create systemic change in their communities. To date, we have trained more than 1,750 entrepreneurial builders across 30 nations who, in turn, have impacted another 30 million people.

In both our investing and leadership domains, our ambitions are great, for we ultimately intend to be a force for shaping not only how the world tackles poverty, but to be part of solving specific problems altogether.

Overview:

Acumen has grown from being a pioneer of the impact investing sector to leveraging a more than half billion-dollar platform that is focused entirely on deploying the skills and tools of capital and moral leadership to solve big problems of poverty - over time and at scale.

The President of Acumen will play a pivotal role in leading the execution of the organization's strategy, at a critical inflection point in its history. Reporting directly to the Founder and CEO, Jacqueline Novogratz, the President will be responsible for translating the CEO's visionary leadership into actionable strategies and operational excellence.

This role requires a dynamic leader with a deep understanding of, and commitment to, solving problems of poverty, using the tools of impact investment and leadership development. The person's superpower is driving change in a global, decentralized organization through exceptional operational management, team building and people skills.

The Role:

Strategic Leadership:

• Collaborate with the CEO to establish Acumen's strategic priorities in alignment with the organization's vision and mission.
• Develop and implement the global operational strategy to execute against these strategic priorities.
• Foster a culture of innovation, creativity, accountability, and collaboration across all levels of the organization.

Operational Execution:

• Lead, inspire and mentor high-performing teams that can effectively collaborate across geographies, functions, and programs.
• Foster a culture of appropriate risk-taking and experimentation that keeps Acumen at the cutting edge.
• In collaboration with the CFO, drive financial planning and management ensuring the financial health and sustainability of the organization.
• Ensure proper systems and processes for timely financial information and reporting.

Governance:

• Safeguard our values and integrity by supporting compliance and governance, monitoring all material contract negotiations and overseeing risk management processes.

Your Team:

You will lead a team of experienced and passionate individuals, motivated by impact, including:

• Country Leaders responsible for developing and executing strategies aligned with Acumen's global strategy.
• Program leaders, the Chief of Academy and the Chief of Ventures working in collaboration with the CEO.
• Functional leads in finance, legal and talent providing expertise and ensuring compliance across all entities.
• Fundraising responsible for developing products and raising funding for all initiatives.
• Marketing and Communications driving visibility and connecting with audiences.
• Insights and Impact teams collaborating to measure the impact of our work.

The Leader:

About you:

You are a leader who thrives on enabling others to succeed. You have built, developed and nurtured high performing executive teams. You have a proven ability to address complex issues and develop simple, actionable solutions. You understand the intricacies of global markets and the challenges faced by low-income communities.

Who We're Looking For:

• Experience: Proven experience in senior, enterprise-wide leadership roles.
• Social Impact: Alignment with Acumen's mission and values.
• Communication: Excellent communication and interpersonal skills.
• Ethical and Principled Approach: Commitment to ethics and dignity.
• Collaborative Leadership: Strong capability to operate effectively across various functions.
• Interpersonal and Cross-cultural Skills: Substantial cross-cultural experience.
• Decision-Making: Evidence of the ability to consistently make good decisions.
• Results-Oriented: Proven track record of exceeding goals.
• Technical Skills: Understanding of finance, budgeting, HR, and marketing.

Compensation:

• Acumen offers competitive compensation and excellent benefits.
• Base salary range is $300,000 to $325,000 plus an annual bonus.
• Location: New York City, NY
• Travel: Readiness to travel (approx. 10-20% anticipated).

Eligibility: Legally authorized to work in the US.

Join Acumen

• Help build the next chapter of Acumen's institutional abilities.
• Work with a high-functioning team to support visionary entrepreneurs.
• Serve as a catalyst for change, co-creating Acumen's future.

To learn more about this opportunity, please contact: