Chief Operating Officer
Job Summary
- Job Location: Accra, ACCRA, , GH
- Job Function: Admin & Office
- Employment Type: Full-Time
- Minimum Experience: 20 years
- Minimum Qualification: Masters
- Age Range:
- Preferred Gender: Any
- Salary:
Job Description
Key Responsibilities
Executive Management Duties
· Set the agenda and direction for the development of the Group’s corporate strategy, policies and overall commercial objectives for approval by the Board.
· Monitor to ensure that the Group Office comply with the Board’s approved policies and procedures including Board directives for the achievement of corporate goals.
· Responsible for promoting and conducting the affairs of the Group Office with the highest standards of integrity, probity and corporate governance.
· Analyse business performance reports submitted by the Group Office for Management/Board decision making.
· Provide accurate, timely and clear information on the Group’s performance, challenges and opportunities to enable the Board make sound decisions.
· Evaluate the performance of Senior Management staff and monitor to ensure that performance reviews are carried out as scheduled within the Group Office.
· Monitor to ensure that the development needs of Senior Management Staff are identified and met in compliance with the Group’s Learning & Development Plan/Programme.
· Present for Board’s approval the Group’s annual budget and financial plan and monitor to ensure their achievement.
· Set agenda and direction on remuneration policy, executive compensation and terms of employment of senior management to the Board.
· Establish strong professional relationship and liaise closely with policy makers, government officials, MDAs, financial institutions and other business executives/companies to explore business opportunities.
· Forge strategic partnerships with potential business investors (local and international) for the Group’s businesses.
· Lobby and network with Government and other Political Groupings (Local and Foreign) for business contacts and/or opportunities.
· Effectively positioning the Group with customers and partners to facilitate domestic and international business expansion.
Strategy and Policy Development
· Provide leadership, develop and recommend business plans that support the Group’s long term strategy and vision.
· Lead, drive and monitor the successful execution of business strategies for the Group of Companies’ business lines and operations.
· Provide leadership and direct the development and execution of policies/procedures, controls and standards in all functional departments to support overall Group business objectives.
Financial Management Duties
· Serve as the principal financial advisor to the Group to support the Annual Operating and Financial Strategic Plans.
· Lead in financial modelling and analysis to support the development of long term strategic initiatives and business plans.
· Evaluate and conduct cost benefit analysis on investment prospects to determine its financial viability and tax consequences for Management decision making.
· Advise on all regulatory and statutory requirements with respective to Finance, investments and treasury trading and market risk management.
· Develop Optimized Capital Structures (Debt/Equity Ratios) for the Group Office and formulate plans to achieve set targets.
· Monitor to ensure that financial feasibilities and due diligence of proposed business arrangements are undertaken by the Subsidiaries in line with approved guidelines and international best practices.
· Monitor to ensure the successful execution of approved finance and investment strategies within the Group.
· Analyse the financial performance of the various Subsidiaries and advice Board as appropriate.
Human Capital Development
· Provide leadership in the development and monitor the implementation of human resource policies that ensure the attraction, development, motivation and retention of high quality employees at all levels to facilitate the achievement of the group’s business objectives.
· Lead and maintain discipline to ensure a harmonious and conducive working environment and relationships.
Performance Monitoring
· Establish and monitor performance reporting systems in all subsidiaries departments.
· Monitor subsidiaries performance against approved performance goals to ensure that progress is being made in all key result areas.
· Conduct regular meetings with Subsidiary Heads to ensure that priorities are clear and coordination is effective.
Legal and Compliance
· Lead and monitor to ensure that all legal and statutory obligations of the the group of Companies are in compliance with the relevant laws of Ghana and other countries in which the Group operates.
Business Development
· Provide supervision and advice on business development initiatives; ensuring the growth and viability of the group’s potential/existing projects and businesses in line with the Group’s long-term business strategy.
Operations
· Responsible for the effective supervision and management of day-to-day operations in all Group functional areas.
· Oversight responsibility for building and enhancing the group of Companies’ corporate image.
· Undertake special assignments and any other duties that may be assigned by the Executive Chairman and/or the Board.
Information and Reporting.
· Keep at all times the Executive Chairman and the Board promptly and fully informed of the conduct of the business or affairs of the group of Companies and provide such explanations as may be required therewith.
· Prepare and submit periodic reports on the operations of the Group; including consolidated report(s) of the subsidiaries to the Executive Chairman and the Board at such intervals as may be required.
Employee Performance and Development
· Hold direct reports accountable for managing their assignments to ensure the Group’s goals are achieved.
· Conduct performance appraisal for direct reports and provide input for career development and recommend performance incentives for subordinate staff.
JOB SPECIFICATION
Education
· Master’s Degree or equivalent professional qualification in Strategic Management, Marketing, Project Management, Entrepreneurship, Economics or related field.
· Must be a member of a recognised professional body.
Experience
· Twenty (20) years relevant post qualification experience in assigned field with at least 15 years in senior management role.
Knowledge & Skills
· International exposure and experience within a fast paced environment.
· High level of maturity and ability to inspire confidence and motivate staff to be result-oriented.
· Excellent leadership, managerial, coaching, mentoring and interpersonal skills in a team setting.
· Thorough understanding of business strategy development.
· Excellent knowledge of strategic business planning methodologies, tools and techniques.
· Demonstrated ability to articulate, package and sell project/business initiatives and clinch deals.
· Extensive knowledge and understanding of the business environments of Ghana and other foreign countries of importance to the Group.
· Strong entrepreneurial drive, passion and ability to help shape the Group’s marketing strategy.
· Proven and demonstrable ability to develop fresh approaches and innovations as appropriate.
· Proven ability to set clear priorities between competing demands for resources and manage own tasks and priorities effectively.
· High ability to review and analyse budgets and financial reports to identify implications in the implementation and management of business initiatives.
· High ability to build strong professional relationships relevant to the development of business potential/partnerships.
· Strong research, quantitative and analytical skills.
· Excellent communication, presentation and report writing skills.
· Strong negotiation, networking and conflict management skills.
· Good knowledge in the use of Microsoft Office, Internet and other research software/tools
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