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Sustainability Advisor Consultant
Under Individual Consultant Agreement
at the maximum for 3 months
1. Background
Better Work Indonesia is part of the Better Work global programme, which is a unique partnership between the International Labour Organization (ILO) and the International Finance Corporation (IFC). Better Work aims to improve working conditions through compliance assessment and social dialogue between workers and employers.
Better Work Indonesia, which became operational in July 2011, was initially designed with a sustainable approach that would allow the programme to continue independent operations after an initial period without donor funding. Hence, in 2016, Yayasan Kemitraan Kerja (YKK) was established to continue the impact of the programme in Indonesia.
Yayasan Kemitraan Kerja is expected to be financially sustainable in the factory engagement activities as expected by the Better Work programme. In addition, the foundation needs to explore other fundraising opportunities, including establishing a business unit that aligns with the Articles of Association and national regulations.
2. Objective
The primary objective of the Sustainability Advisor Consultant is to ensure the programme's long-term financial viability by developing, implementing, and managing strategies to secure and diversify funding sources and optimise financial resources.
3. Scope of Work
The Sustainability Advisor Consultant will be responsible for the following tasks:
- Financial Strategy Development:
- Identify and evaluate opportunities for diversifying income streams and enhancing financial stability for the foundation, including the possibility of creating a business unit.
- For BW's factory engagement activities:
§ Develop a business model for the factory engagement activities.
§ To study the willingness to pay of BW's existing clients. Possibility to increase the price considering clients' capacity and market price.
§ To review the value of factory engagement and what possible activity models will be accepted by existing clients at their capacity to pay. Use value-based pricing methodology.
§ Develop other possible business model which includes comprehensive financial sustainability strategy for the factory engagement activities and revenue generation from buyers. This will involve discussions with the Better Work Global team to explore opportunities for increasing revenue from buyers.
§ Coordinate with Better Work Global to obtain detailed insights into their current, and if possible, explore future pricing plan. This should include an understanding of the rationale behind their pricing models, the factors influencing price adjustments, revenue allocation, and how these strategies align with the broader objectives of the Better Work program.
- Fundraising and Resource Mobilization:
- Identify, research, and pursue funding opportunities from various sources including donors, grants, partnerships, and income-generating activities.
- Develop and nurture relationships with current and potential funders, laying the groundwork for future relationships to be maintained by the foundation.
- Stakeholder Engagement:
- Engage with stakeholders, including donors, partners, private sector, and community members, to promote financial support for the foundation for BW's factory engagement activities and non-BW's activities.
- Initiate the financial discussions and negotiations with stakeholders, with the foundation continuing and following up as necessary.
4. Deliverables
- A business model which includes a competitive BW Factory Engagement activities pricing policy, including timeframe.
- Proposal for a Business Unit to be implemented by the foundation.
- Document stakeholder engagement activities and partnerships, including a summary of potential future engagements.
- Summary of Funding Opportunities: A detailed overview of potential donors, grants, and partnerships, accompanied by a concept note for a funding proposal based on this summary.
5. Supervision and Guidance
The Consultant will work under the general supervision of Program Support Manager
6. Qualifications
- Bachelor's degree in Finance, Business Administration, Economics, or a related field (Master's preferred).
- At least 10 years of experience in financial management, fundraising, marketing, business development, or a related field. Experience in the supply chain sector (preferably the garment export sector) will be advantageous.
- Proven experience in developing and implementing financial sustainability strategies.
- Strong financial analysis and budgeting skills.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Knowledge of relevant financial management standards and practices.
APPLICATION CONTACT AND DETAILS TO APPLY
Interested candidates, qualified women and men, are encouraged to apply. Please submit a resume and a cover letter describing relevant academic and employment/consultancy experience to:
no later than 12 September 2024. Early submission of qualified CVs will be prioritized.
This electronic message may contain confidential, proprietary or privileged information intended solely for the use of the named recipient. Better Work, the ILO nor the IFC are liable for any error or virus connected with this transmission.
Ce message électronique peut contenir des informations confidentielles, ou spécialement protégées, à la seule intention du destinataire. Better Work, L'OIT ou L'IFC ne peut être tenue responsable des erreurs ou des virus qui s'y trouveraient.
Este mensaje electrónico puede contener información confidencial o especialmente protegida para el uso exclusivo del destinatario indicado. Better Work, la OIT ni La IFC no se responsabiliza en caso de error o virus.
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