The Role
The Consultant supports MSMEs by analyzing their operations and finances, assisting in business planning, and enhancing sales and marketing strategies. Responsibilities include conducting assessments, analyzing data, and providing recommendations to improve performance and compliance.
Summary Generated by Built In
Job Summary
The Consultant provides expert business support to MSMEs from start-up through growth, helping clients address operational challenges, strengthen financial performance, enhance sales and marketing strategies, and meet regulatory requirements. The Consultant assesses business needs, analyzes performance indicators, and offers practical, data-driven recommendations that enable clients to improve outcomes, execute plans, and achieve their strategic goals. Provide
one-on-one advisory services on a need’s basis, but at least once per week during
the first year of the Post-Funding relationship; at least once per month during
the second year and at least once per quarter during the third year.
Duties/Responsibilities:
- Conduct
an initial assessment of and introductory meetings with MSMEs once approved by
the SBDC Adjudication Committee.
- Collect
information about MSMEs through a variety of methods (records, interviews, shadowing,
inspections, surveys, reports, website, social media).
- Analyze,
interpret, and report data identifying MSMEs internal strengths and weaknesses
as well as external opportunities and threats on a continuous basis.
- Assist
MSMEs with implementing their business plan and revising the plan on a needs basis.
- Assist
MSMEs with developing, documenting and/or revising their sales proposals, policies
and procedures, job descriptions, and Employee Handbook; However, MSMEs are
responsible for obtaining professional legal counsel when developing,
documenting, and/or revising legally binding documents such as Sales Agreements
or Employment Contracts.
- Assist
MSMEs with developing, documenting and executing sales strategies that diversify
revenue streams and exceed gross sales targets on a daily, weekly, monthly, and/or
yearly basis.
- Assist
MSMEs with increasing and improving their online presence and reach through their
website, E-commerce platforms and social media.
- Assist
MSMEs with setting up their financial accounting system and preparing monthly
financial statements including Profit and Loss, Balance Sheet, and Cash Flow Statements.
- Submit
monthly comparative (actual versus projected) financial statements to the Director
of Advisory Services and Funding Manager; and include comments for all line items
with variances greater than 20%.
- Obtain
monthly loan payment receipts or statements from all assigned MSMEs within15
days of their scheduled payment date; and immediately notify the Funding
Manager and Director of Client Advisory Services in the event MSMEs are unable
to make their scheduled loan payment.
- Submit
monthly loan performance reports for assigned MSMEs documenting loan details
such as principal, interest, term, balance, last payment, amount in arrears,
days in arrears and follow-up attempts.
- Assist
MSMEs with claiming available Customs Duty exemptions on imported capital assets
or operating inputs. Copies of these claims should also be maintained by the Advisor.
- Assist
MSMEs with monthly and quarterly VAT filings with the Department of Inland Revenue.
Copies of these filings should also be maintained by the Advisor.
- Assist
MSMEs with weekly and monthly NIB contribution filings with the National Insurance
Board. Copies of these filings should also be maintained by the Advisor.
- Assist
MSMEs with keeping their personal identification, business license, company renewal,
VAT filings and NIB contributions current and submitted to all required parties.
- Recommend
ways to improve the Post-Funding team and services provided to MSMEs.
Requirements
Education and Experience:
Bachelor’s degree in Economics, Accounting & Finance, Business Management, or a related business field.
Minimum of 5 years of experience in a business consulting, advisory, or related role.
Strong analytical and problem-solving skills with the ability to assess business performance and recommend improvements.
Engaging client-focused personality with the ability to build strong relationships and work effectively with diverse stakeholders.
Excellent communication skills in all forms.
Ability to manage multiple priorities and deadlines in a fast-paced environment.
Minimum of 5 years of experience in a business consulting, advisory, or related role.
Strong analytical and problem-solving skills with the ability to assess business performance and recommend improvements.
Engaging client-focused personality with the ability to build strong relationships and work effectively with diverse stakeholders.
Excellent communication skills in all forms.
Ability to manage multiple priorities and deadlines in a fast-paced environment.
Skills Required
- Bachelor's degree in Economics, Accounting & Finance, Business Management, or a related business field.
- Minimum of 5 years of experience in a business consulting, advisory, or related role.
- Strong analytical and problem-solving skills with the ability to assess business performance and recommend improvements.
- Engaging client-focused personality with the ability to build strong relationships and work effectively with diverse stakeholders.
- Excellent communication skills in all forms.
- Ability to manage multiple priorities and deadlines in a fast-paced environment.
Am I A Good Fit?
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.
Success! Refresh the page to see how your skills align with this role.
The Company
What We Do
Access Accelerator is a non-profit organization that supports Micro, Small and Medium-sized Enterprises (SMEs) in The Bahamas by providing business development services, mentorship, advisory, access to funding, and educational resources to foster their growth and success.
