Chief Executive Officer - CEO
Tower Group Hammarsdale
Our Client in the manufacturing and textile industry is seeking a Chief Executive Officer (CEO) to join their team based in Hammersdale.
MINIMUM REQUIREMENTS- Bachelor’s degree in Business Administration, Commercial, Manufacturing, Engineering, or a related field (Master’s degree preferred).
- Post Graduate qualifications such as MBA / MBL / CIMA/ Finance would be advantageous
- At least 10 years of experience as a CEO or Senior Executive Level in strategic leadership role within manufacturing, textiles manufacturing experience would be an advantage
- 5 years of experience and background in the turnaround of distressed business, added advantage
- Comprehensive knowledge and understanding of applicable industry legislation and regulatory framework, including experience in their application.
- History of excellent relations with all stakeholders
MAIN JOB FUNCTIONS
Strategy Development and Implementation- Provide strategic direction within the group, through development and implementation of sound business strategy and tactical plans.
- Oversee overall operations of the group including production, planning, finance, sales and distribution, marketing and branding, human capital and procurement, as well as information technology
- Compile strategy and implementation roadmap for approval by the relevant stakeholders and Board of Directors.
- Obtain the associated resources to enable implementation of the strategy and roadmap as per the approved Delegations of Authority.
- Implement the strategy and roadmap within allocated time frame and related policies.
- Design the business, its divisions, departments and supporting functions.
- Ensure that the group’s capacity is built to support the group to ensure that it has an effective senior management team.
- Ensure excellent performance of the group against the set business objectives as well as competent leadership and supporting staff are resourced, trained and retained
- Drive and manage the achievement of group objectives to grow, sustain and progress the group.
- Identify and develop appropriate new local and export market opportunities.
- Drive the optimisation of raw material sourcing, develop improved product offerings and maintain a balanced customer profile.
- Continuously scout for technological improvements, new industry innovations and global trends to benefit the group’s competitiveness.
- Provide leadership and guidance to ensure that the mission and core values of the group are put into practice.
- Develop and maintain a sound effective group culture that allows the group to reach its objectives and for employees to perform effectively
- Facilitate talent management and succession planning for business continuity.
- Set and maintain the highest standards of governance and accountability
- Implement and ensure adherence to legal guidelines and group policies to maintain the group’s legality and business ethics.
- Identification, assessment and mitigating of risks pertaining to the group.
- Ensure effective management of human capital, processes and company assets.
- Manage the profitability of the group and ensure all legal and regulatory documents are filed and monitor compliance with laws and regulations.
- Oversee the development and implementation of the group financial strategy to ensure that the group reaches its financial targets.
- Oversee the financial structuring of the group and all legal and/or commercial arrangements in support of business objectives
- Obtain overall group budget approval in accordance with policies and procedures from relevant stakeholders.
- Oversee the financial stability and sustainability of the business in accordance with policies, procedures, legal requirements and delegations of authority.
- Manage organizational effectiveness and ensure the realisation of return on investment / profitability.
- Build and manage sustainable stakeholder relationships, especially with relevant industry policy makers, key customers, industry bodies, labour, commercial banks, etc.
- Ability to manage a unionized environment.
- Shareholder engagement and reporting on operational issues and group performance.
- Consult the business strategy and roadmaps to determine possible risks to business continuity.
- Determine the requirements in terms of business continuity.
- Champion the process of the development of the necessary business continuity plans.
- Development of business continuity plans and disaster recovery plans.
- Conduct regular meetings with the responsible divisions / employees within the business continuity plans to ensure that the contingency actions can be implemented when necessary.
- Oversee the development of the Risk Management framework to ensure that risks are adequately mitigated and managed.
- Follow up and manage all audit findings within allocated time frames.
- Ensures that the group complies with all relevant legislation and corporate governance standards.
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