Chief Executive Officer - CEO

SUMMARY:
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POSITION INFO:

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.