Management, Budgeting, Commercial Awareness, Operational Efficiency, Resource Management, Corporate Governance, Business Strategy, P & L Oversight
Job description
The Vital Group is South Africa's leading and oldest independent manufacturer and distributor of branded vitamins, minerals and supplements (VMS), as well as functional food and snack products. Vital is recognised as an iconic South African brand with a rich legacy that spans 75 years and is the most recognised Vitamin and Supplement brand in South Africa. In addition, Vital is distributed to several African countries.
Vital is a brand focussed, consumer centric business built on solid values that embrace Health and Wellness at the core. Our quality products are manufactured in a GMP-certified facility and the company is audited and accredited by the South African Health Products Regulatory Authority as well as the British Retail Consortium.
Vital Groups product range covers a broad spectrum of categories including OTC products, VMS, complementary health products, dietary and wellness supplements, functional foods, cereals and snacks.
The business was founded in 1947 and is headquartered in Kuilsriver, Cape Town. Vital was recently acquired by Nurture Brands, a functional & convenience food platform founded by EXEO Capital. Nurture Brands will drive a growth trajectory for the company through a strategy of expanding its footprint in the South African, African and select European Health and Wellness Markets. The business aims to expand the portfolio of products and brands through an aggressive innovation & acquisition program. This will encompass new channels and new markets. The company is people orientated, with strong family values that makes the Vital Group a happy, nurturing place to work.
MANAGING DIRECTOR
Vital Health Foods Pty Ltd is looking to recruit a Managing Director to lead and grow the business to execute on its mandate and to achieve its objectives in a sustainable and profitable manner.
The role will report to the Board and will manage a team of functional leaders.
As the Managing Director you will be fully accountable for all aspects related to the performance of the company. Typical key performance indicators related to this role include profit, revenue and revenue growth, market share growth, innovation and new product development, ESG and BBBEE.
Your responsibilities will include:
Organisational leadership
Strategy development.
Culture and climate.
Performance management and development.
Change management.
Management
Business and operational planning.
Budget management.
Operational implementation and execution monitoring.
Reporting.
Operational efficiency management.
Workflow and alignment management.
Resource and capacity management.
Organisational structure and role clarity.
Governance and compliance / risk management.
Relationship management
Managing industry and stakeholder engagement and relations.
Requirements:
Minimum qualification:
A relevant Bachelors degree (business / commerce) or relevant post-graduate qualification, or equivalent.
Experience:
- At least 10-15 years experience at senior management level, with a proven track-record of working within cross functional teams.
- Previous commercial experience, preferably within the health supplement, complementary medicine or FMCG (consumer health) industries.
- Having demonstrated a consistent record of success in delivering exceptional results in a highly dynamic, fast changing and competitive environment with proven expertise in driving commercial growth and profitability.
- Well-developed product development as well as operational (sales and marketing) know-how.
- Proven track record of building and maintaining strong relationships across the industry.
Knowledge and skill requirements:
- A deep understanding of the South African (and international) VMS / health supplement and complementary medicine market ability to read industry and consumer trends and insight into innovation opportunities and trends / Understanding of how to capitalize on emerging trends to remain at the forefront of innovation.
- A passion for the alternative health industry and concept of holistic healing.
- Excellent commercial (sales and marketing) skills and acumen including brand and brand value management skills.
- A good understanding of commercial industry relations, displaying a broad and multifaceted view (which key accounts; which distribution channels; etc.).
- Financial management skills.
- Organisational change management skills.
Behavioural competencies:
- Deciding & initiating action (pro-activity).
- Leading and direction setting.
- Interpersonal relationships.
- Communication and influencing.
- Analysing and problem solving, including strategic thinking capability and ability to deal with complexity.
- Planning and organising.
- Adapting and responding to change and innovating.
- Coping with pressures and setbacks.
- Entrepreneurial and commercial thinking.