Chief Executive Officer

5 days ago

Nelspruit, Mpumalanga, South Africa Tower Group Full time

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.

Operationalization of Strategy

  • 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.

Business Development

  • 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.

Leadership and Accountability

  • 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.

Financial Management

  • 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.

Strategic Partnerships and Stakeholder Management

  • 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.

Risk Management and Business Continuity plan

  • 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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