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  • Posted: Feb 6, 2020
    Deadline: Not specified
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    Specialist Executive Recruitment Search Agency, we search and source the ideal people (skill, culture delivery and EE status) to aid organizations to achieve their goals and objectives. We are a global organization that has successfully delivered high caliber staffing solutions in Africa, North America, Middle East, South America and the Asia / Pacific regi...
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    Chief Executive Officer

    Job Description

    The incumbent will be responsible for the development, execution and achievement of the company’s business plan and strategy. This position will be the first in command in the company and will be responsible for providing proper strategic direction and creating a vision for success. 

    The CEO will be accountable for protecting and employing assets to achieve set targets for return on invested capital and creating a culture that embraces empowerment and teamwork while growing revenue and improving the bottom line. As the company is new, this position will be required to develop strategies and policies from scratch.

    Reporting Structure and Interactions:

    Reporting Structure:

    • Line Manager - The Board of Directors 
    • Number of Subordinates - 15 Subordinates 

    Interactions:

    • Within - Board, Head of Retail & Catering, HR Manager, Head of Finance & Business Services.
    • Outside - Shareholders, Department of Student Affairs, other Higher Education Institutions, Suppliers.

    Key Roles and Responsibilities                                                                                                    

    Strategy, Decision Making and Operations:

    • Work with the Board to determine the company’s values and mission and plan for short and long-term objectives
    • Develop high quality business strategies and plans ensuring their alignment with short-term and long-term objectives
    • Oversee all operations and business activities to ensure they produce the desired results and are consistent with the company’s overall strategy and mission
    • Ensure profitable sales, financial, and operational performance of the company in concert with the corporate mission, strategic plan, and business plan
    • Make quality investment decisions to advance the business and increase profits
    • Enforce adherence to legal guidelines and in-house policies to maintain the company’s legality and business ethics. In the absence of such policies oversee the creation and implementation of appropriate policies
    • Prepare budgets, forecasts, and negotiate and administer operating leases and contracts
    • Review financial and non-financial reports to devise solutions or improvements
    • Oversee the company’s fiscal activities including budgeting, reporting and auditing
    • Analyse problematic situations and occurrences and provide solutions to ensure the company’s survival and growth
    • Maintain a deep knowledge of the relevant markets, industries and legislation of the company to ensure it remains competitive and compliant
    •  Develop and implement operational policies and a high-level strategic plan
    • Report to/meet with the Board of Directors regularly to keep them informed. 
    • Discuss planned versus actual profitability, return on invested capital, employee productivity and moral, and other relevant issues
    • Maintain awareness of the competitive market landscape, expansion opportunities, industry developments etc. to ensure that the company stays relevant

    Corporate Culture and People Management:

    • Lead and motivate subordinates to advance employee engagement and develop a high performing managerial team
    • Build trust relationships with key partners and stakeholders and act as a point of contact for shareholders
    • Build alliances and partnerships with other organisations to enhance the strategic objectives of the company
    • Provide inspired leadership company wide
    • Serve as the primary spokesperson for the company and act in its best interests at all times
    • Work closely with the HR Manager to assist with recruitment and selection of new staff when required
    • Make recommendations to the Board of positions required to help the company achieve its desired results and function optimally
    • Develop and implement the company’s corporate culture and overall company vision
    • Create an environment that promotes great performance and positive morale
    • Lead by example that demonstrates the core values of the company
    • Establish key metrics to monitor divisional performance for team and management
    • Assume functional responsibility for the selection, development, evaluation, compensation, and retention of all divisional team members and direct reports
    • Build and maintain relationships that guide, motivate and reinforce positive performance of all company team members toward goal accomplishments
    • Seek and provide performance feedback and coaching and develop self and others to improve capabilities in current role to allow for career progression and growth into future roles
    • Ensure that the company maintains high social responsibility wherever it does business 

    Compliance and Risk Mitigation:

    • Develop and implement a Risk Management Framework
    • Ensure all legal and regulatory documents are filed and monitor compliance with relevant laws and regulations
    • Manage the team to ensure that all business functions are performed in accordance with corporate policies, programs, and sound business practice
    • Assess risks for the company, maintain a risk register and ensure that all risks are monitored and minimised
    • Develop and sustain an effective risk management culture throughout the company
    • Create an environment where all employees assume responsibility for managing risk
    • Demonstrate transparent and responsible risk management processes aligned with best practice standards and methods 

    Required Education and Qualifications  

    Qualifications include:

    • Bachelor Degree
    • Ten (10) years’ experience working in a Senior Managerial role in a fast-paced, food services industry

    Advantages:

    • MBA
    • Financial/accounting experience 

    Experience & Knowledge:

    • Experience in developing profitable strategies and implementing vision
    • Strong understanding of corporate finance and performance management principles
    • Familiarity with diverse business functions such as HR, Marketing, Finance etc.
    • In-depth knowledge of corporate governance and general management practices
    • An entrepreneurial mindset with outstanding organisational and leadership skills
    • Knowledge of profit and loss, balance sheet, cashflow management and general finance and budgeting
    • Understanding of human resources and personnel management
    • Experience with corporate governance
    • Thorough knowledge and understanding of food costs and business maths

    Skills:

    • Management skills
    • Critical thinking skills
    • Time management
    • Analytical abilities and problem-solving skills
    • Excellent oral communication and public speaking skills
    • Written communication skills to compose reports, policies and documents
    • Proven negotiation skills
    • Ability to inspire confidence and create trust
    • Ability to work under pressure, plan personal workload effectively and delegate
    • Ability to understand new issues quickly and make wise decisions
    • Ability to manage a team of resources and ensure that they are optimally planned and utilised
    • Ability to communicate strategies and philosophies effectively
    • Ability to create and execute processe
    • Effective leadership skills and result oriented
    • Interpersonal skills
    • Conflict management skills
    • Research and planning skills
    • Networking and communication skills
    • Sound knowledge of accounting principles and understanding of internal controls
    • Strong business acumen and analytical skills.
    • Strong ability to work with financial reporting systems
    • Computer literacy (email, Word, Excel & Internet)

    Personal Attributes Required for the Post  

    Professionalism:

    • Demonstrate professional competence in all interactions and engagements and lead by example
    • Show persistence when faced with difficult problems or challenges.

    Honesty and integrity:

    • Act at all times with honesty and integrity and in the best interests of the company
    • Lead by example to ensure that a culture of honesty and integrity extends through the entire organization
    • Promote the company in all aspects of both professional and personal dealings
    • Protect the reputational risk for F&C

    Initiative and imagination:

    • Ability to tackle new and unexpected problems is essential
    • Ability to think creatively and implement imaginative solutions to problems
    • Self-directed with strong initiative and personal responsibility/accountability

    Commitment to continuous learning:

    • Willingness to keep abreast of new developments in the field.

    Method of Application

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