Our client is is one of Irelands Best Managed Companies.
It is currently seeking a new CEO to lead it in 2025 and beyond.
Managing Director’s Duties and Responsibilities
The Managing Director, will have overall responsibility for the management of our organization and its various operations. You will lead our team of talented professionals, to develop and implement strategies, and work towards achieving our objectives.
Responsibilities will include but not limited to:
Leadership
Lead a team of executive directors, CFO, and business development managers (BDMs). Provide direction and guidance to this team through regular structured business reviews to monitor progress through to completion against agreed objectives which should be set and maintained for each business division. These reviews should focus on financial, operational and sales performance.
Organisational Structure
Work with your direct reports and the board as appropriate to ensure that the group has an organisational structure which is appropriate to its needs, and which provides clarity of responsibility to all concerned. Delegate responsibility accordingly by empowering and supporting your direct reports and the divisional development managers while ensuring that individuals are challenged as appropriate and held accountable for their performance.
Recruit and retain the required numbers and types of well-motivated, trained, and developed staff that will allow the company to achieve its goals and objectives.
Motivator and Mentor
Through the communication of a clear and positive vision for the group, inspire your directors, senior managers and more widely, employees throughout the company.
Maintain an awareness of the level of morale around the group and together with the senior management where problems are identified, provide support to help address related concerns.
Be accessible to all direct reports as required and to act as a mentor, providing coaching and guidance to assist in respect of any problems or challenges which they might face.
Agree personal programmes with all direct reports aimed at shaping their development and to work with them to achieve their related targets.
Financial Performance
Together with our CFO to be responsible for the overall financial performance of the group and its constituent parts. Ensure that appropriate reports, controls, and processes are in place to enable the satisfactory regular monitoring of financial performance. Work closely with our CFO to prepare and implement the annual budget to ensure that budget targets are met, that revenue flows are maximised, stocks are held to a minimum and that fixed costs are minimised.
Stakeholder Involvement
Establish, cultivate, and maintain good relations with the group’s various key stakeholders and network at a senior level to lead the group’s direct involvement with such parties.
Maintain effective formal and informal links with major customers, suppliers, key decision makers and other relevant stakeholders to exchange information and views and to ensure that the company is providing the appropriate range and quality of services.
Vision and Business Strategy
Develop and communicate a clear understanding of the overall purpose of the business, its identity and what it stands for. Work with each division to set strategic objectives which are aligned to the end game and to continually help to shape those objectives through constructive input and challenge.
Foster an environment which encourages individual divisions to devote sufficient time to the consideration of strategy and to ensure that there is an established process which results in each division having a strategic plan which is aligned to the agreed end game such as our 2024 Corporate Plan.
Communication
Provide strategic advice and guidance to our chairman and members of the board and keep us aware of developments within the industry and ensure that the appropriate strategies are developed to meet the company’s goals and objectives in a changing world.
Establish and maintain effective formal and informal links with major customers, suppliers, key decision makers and other relevant stakeholders to exchange information and views and to ensure that the company is providing the appropriate range and quality of services.
Regularly communicate updates on business performance throughout the group.
Proactive Initiator
Ensure that the company remains at the forefront of the industry, applies the most cost-effective methods and approaches, provides leading-edge products, and services and retains its competitive edge.
Maintain a high awareness of market trends which have the greatest potential to have significant impact on the group if events do not proceed according to expectations and consider possible initiatives to avert or minimise the impact of such eventualities prior to their occurrence. Working similarly in cooperation with colleagues to establish outline contingency plans which could be quickly developed and implemented if they become necessary.
Develop and direct the implementation of policies and procedures to ensure that the company complies with all health and safety regulations, environmental, social and governance issues (ESG) and other statutory regulations.
Seek Opportunities
Be actively involved with your sales personnel in seeking out new opportunities which may be beneficial for the group including possible new business partners, potential new customers and markets, complementary new products and business initiatives which might have the potential to bring about improved business performance. Bring such opportunities to the attention of the relevant divisional BDMs and after assessment with them provide support in the process of facilitating their exploitation.
Support the relevant staff when required when representing the company in negotiations with customers, suppliers, government departments and other key contacts to secure the most effective contract terms.
Experience in the Construction Industry would be an advantage.
Please contact Dave Riordan on 01 6377251 or dave.riordan@charteredaccountants.ie
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