Business Development Services Consultant for Rubber SME - Denver, United States - Food Security Working Group

Description

Business Development Services Consultant for Rubber SME

Date: 10th May 2022

CARE-CO-CONS-1712.
CARE International

is one of the world's largest independent development and humanitarian organizations dedicated to ending poverty and injustice.

CARE's vision is a world of hope, tolerance and social injustice, where poverty has been overcome and all people live in dignity and security.

Since 1995, CARE International in Myanmar (CARE Myanmar) has worked in partnership with remote, rural, conflict-affected and urban communities, government and non-government actors to reach those affected by humanitarian crisis and living in extreme vulnerabilities through a non-religious and non-partisan approach.

CARE International is implementing the Generating Rubber Opportunities in Myanmar (GRO) Project in Southeast Myanmar.
Background

Generating Rubber Opportunities (GRO) in Myanmar project aims to facilitate the development of small and medium enterprises (SMEs) , who are adding value or have the potential to add value to the rubber sector in Myanmar.

Many of these SMEs are run by individuals with a high level of expertise in a specific industry, but often lack basic knowledge in financial management, business management, administration, human resources, etc.

The SMEs in the rubber sector lack appropriate financial planning, forecasting, and accounting skills or access to such skills.

They are not always aware of cashflow management, credit management and debt management which limits their working capital to run day to day operations and makes it harder for them to plan for future expansion of the business.

Furthermore, the SMEs face challenge in managing their supply chain, transparent record keeping, inventory management and so on.

These leads to lack of financial visibility and transparency which impedes the ability for the business to get access to capital and to expand their business.

While working with these SMEs, GRO has found that they require Business Development Services (BDS) to enhance, expand and sustain their businesses.

The BDS service needs are in areas of but not limited to i) accounting and financial management ii) sales and marketing plans, iii) supply chain management, iv) using technology in business management, v) product development.
Objective and Scope of the Assignment

To tackle support the rubber sector SMEs in their growth, GRO Myanmar is hiring Business Development Services Consultant who will support a selected SME through training and tools development to increase its financial literacy and financial management skills.

The training will increase the capacity of the business owner/manager to manage business finances, increase knowledge on financial concepts, products, services, and institutions, and enable the SME to take solid and sound financial and investment decisions.

The consultant shall transfer practical knowledge and skills on topics like costing, pricing, budgeting, short- and long-term financial planning and cashflow management, bookkeeping, saving, spending, purchasing, banking, taxes etc.

Explore and identify the gaps of typical business processes according to participants needs, e.g. order of raw material, processing and warehousing, delivery, monthly expenses, financial management, cashflow management, etc.
Assist selected SME in the development of a tailored business model/plan.
Support the selected SME in development or improvement of finance and accounting management tools including but not limited to a) basic accounting bookkeeping b) projected cashflow c) preparing profit and loss statement and so on.

In order to achieve the expected results, the consultancy will entail, among others, reviewing financial statements, evaluating competitors, analyzing business practices, preparing recommendations and presenting them to the project team and business owner.

Expected outcome

The SME is expected to learn that every decision in the business has an operational and financial implication/result, and they should be able to record and see it on their financial statements and understand the importance of record keeping along with the basics of cashflow projection and management.

The SME will then be able table to clearly identify for themselves and their stakeholders the financial situation of the company, which could enable financial institutions like banks or other grant or investment providers, enough clarity and transparency to make a decision to provide, grant, debt or investment to the selected SME.

Business process gap assessment report of selected SME
Tailored Business plan for selected SME
Develop easy to understand cashflow management, financial projections, bookkeeping and accounts management reports and tools for selected SME
Train and mentor, the selected SME on accounting and bookkeeping, cashflow management, time value of money.
Schedule
It is estimated that the assignment will take 12-15 working days and will be undertaken between on

13th June 2022

and

8 th

July 2022

. Travel to Mon State will be required.
Experience and Qualifications
Proven experience of financial planning and operations management
5+ years' experience in business coaching/solutions for Myanmar small and medium enterprises Based in Myanmar
Experience of financial planning and operations management in Myanmar context
Fluent in Myanmar and English languages
How to apply

Interested consultants should submit the following:
CV

List of relevant assignment and clients from last 2 years, including names and contact details of two clients for purposes of testimonials.

Daily rate for services (MMK or US$)
Transportation costs for return travel from home location to Mawlamyine for maximum two visits
Please note CARE does not provide per diems for daily subsistence allowances for consultants. CARE provides accommodation for consultants where possible.
CARE is an equal opportunity employer committed to a diverse workforce. Women, ethnic minorities and people with disabilities are strongly encouraged to apply. CARE is committed to protecting the rights of children. CARE reserves the right to conduct screening procedures to ensure

a

child-safe environment.
Interested parties are requested to submit the above-mentioned documents to the address below

not later than

27 th

May 2022

. Please clearly mention the announcement number 'CARE/CO/CONS/1712' and the job title "Business Development Services Consultant" in the Subject line.
CARE International in Myanmar

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