Managing Director (JB981)
Durban Central
Market Related
Currently recruiting and hiring for a Managing Director with experience within the property management sector who will be responsible for leading the development and execution of the business’s long-term strategy with a view to creating shareholder value.
REQUIREMENTS OF THE JOB:
Bachelors or master’s degree in Business Administration (or similar).
10 years+ of corporate managerial experience in a CEO/Managing Director role within a property environment.
Strong ability to organise effectively, delegate responsibility, problem solve and communicate clearly.
Evidence of leading a high-performance culture.
Evidence of disruption in a previous role.
Main Purpose of The Job
The leadership role entails day-to-day management of the business and the setting and implementation of short and long-term objectives relating to all commercial targets, operational services, business continuity, information security and risk management.
This role is the first in command and responsible for providing strategic direction and creating a vision for success.
Responsible for setting and overall attainment of the business’s strategic objectives.
Provides the leadership, management, and vision necessary to ensure that the business has the proper operational controls, administrative and reporting procedures, people and systems in place to effectively grow and to ensure financial strength and operating efficiency.
Key Performance Areas:
Setting and implementing the business strategy and direction
drive decision-making process – identifying markets and geographies for expansion and strategies for each area inclusive of product roadmaps for each.
Build strong relationships with key external stakeholders, government, suppliers, etc. to ensure correct focus and direction for the Business at operations and technology level.
Develop and facilitate planning across the business.
Ensure that risk is effectively addressed in all aspects of the business and the business is legally compliant in all areas.
Ensure that a proper infrastructure (building, systems and staff complement) is maintained and developed for the business.
Review Performance Improvement reports to determine effectiveness of interventions.
Develop an annual operating plan that supports the business long-term operations strategy.
To drive the business’s achievement and maintenance of a satisfactory competitive position within the industry.
Keep the Investment Principal and shareholders fully informed in a timely and candid manner of the conduct of the day-today operations of the business towards the achievement of its established goals and of all material deviations from the goals or objectives and policies established.
Coordinate the sustainability strategies of the Business.
Assess and manage the principal risks of the business within operations (proposals, projects, and staffing).
Ensure strategic objectives shaped at Executive Management level are translated into tactical business plans with mechanisms for key measurements in place to monitor progress.
Ensure that business change projects are delivered.
Coordinate the efforts of the different operational areas under management to ensure minimal duplication of efforts, maximum efficiency and to maximize value for money.
Delivery of portfolio updates in line with the reporting requirements of the Board
Delivery and maintenance of a portfolio plan and roadmap for development, showing key milestones, phase reviews and dependencies
Preparation of a phased portfolio budget, financial accounting periods
Identification of any constraints and threats that may impact the ability of the portfolio to deliver required business benefits.
Setting and Modelling the Business Culture and Values
Foster a corporate culture that promotes ethical practices, customer focus and service and encourages individual integrity.
Building a culture that will attract and retain diverse group of top-quality employees at all levels.
Build a culture and value set that is easily understood by employees across all levels and geographies that translates into a high-performance environment.
Ensuring that the culture and values are adopted and modelled.
Ensure that there is an effective succession plan in place for all key roles identified in the business.
Monitor the strict adherence to governance and setting high standards of professionalism across the functions.
Ensure that managers create effective workforce plans and recruitment demands plans for their areas.
Allocating Capital to The Business’s Priorities
Setting and confirming approval of annual budgets and targets.
Allocating funds according to the budgets to ensure the success of key projects. Legal, Regulatory compliance and Governance
To ensure effective internal controls and management information systems are in place
To ensure that the Company has appropriate systems to enable it to conduct its activities both lawfully and ethically
To ensure that the Company maintains high standards of corporate citizenship and social responsibility wherever it does business.
To communicate effectively with shareholders, employees, Government authorities, other stakeholders, and the public as the company representative.
To abide by specific internally established control systems and authorities, to lead by personal example and encourage all employees to conduct their activities in accordance with all applicable laws and the Company’s standards and policies, including its environmental, safety and health policies.
Please email Cv to recruit@itkontak.co.za and quote JB981 in the subject line