Executive - Strategy Consulting - Marico Innovation Foundation

Business: Marico Innovation Foundation

Grade: JM3

Purpose of the role:

To further the equity of the Marico Innovation Foundation by driving impact through the Scale-Up Program and other initiatives.

Qualifications and experience:

- Master's Degree in finance, engineering, management, or any other equivalent degree

- 3 years in program management or other such roles with client-facing focus (management consulting / business strategy/entrepreneurship/venture capital roles preferred)

Key Responsibility Areas:

1. Scale-Up Program:

- Key stakeholders: Entrepreneurs, Marico Internal Senior Members, External Senior Industry Professionals and other ecosystem players in the start-up and innovation ecosystem.

- Manage the overall efficiency, impact and subsequent equity of the MIF scale-up program in the start-up and innovation sector.

- Scout, evaluate and on-board high-potential innovative organizations onto the Scale-Up Program

- Closely manage onboarded cohort of innovations and mentor engagements to deliver quantifiable impact for organizations in line with the annual goals for MIF

- Continually engage in business reviews of the cohort organizations to identify new challenge areas as well as validate/recommend new ideas and improvement plans to enable the organization's growth

- Build and maintain relevant partnerships within the start-up and innovation ecosystem (Eg: Venture Capital Firms, Incubators, Govt. bodies, Accelerators) as well as industry leaders with an aim to improve sourcing, access, and strategic mentorship for cohort

- Seek to create new processes/initiatives under the Scale-Up Program to improve overall efficiency and performance of the program and the Scale-up team

2. Finance:

Key stakeholders: Marico Finance Team and MIF Finance Lead

- Work with the MIF finance lead to execute finance processes such as vendor payments, monthly provisions, forecasting, annual budget, etc.

Competencies "Must Have"

- Interested in, engaged with and understanding of the start-up and innovation ecosystem in India

- Ability to identify opportunities for start-ups' growth; understanding of financial and business and operational metrics of early-stage start-ups

- Collaborative mindset and open to new ideas

- Analytical thinking and problem-solving skills

- Proficient with the use of MS Office

Skills and Competencies:

- Ability to function diligently with minimal supervision

- Ability to engage with senior leadership / stakeholders meaningfully and judiciously

- Ability to work with multiple teams within Marico and externally

- Structured verbal and written communication skills

Reporting Relationship:

- Reports to Scale-Up Lead at Marico Innovation Foundation

The future of the Incumbent:

- Opportunity to work with diverse innovations/entrepreneurs, industry stalwarts and Marico experts to build strong business perspectives

- Opportunity to create exciting new initiatives to help scale innovations and generate a positive impact in India