Director Job Description
We are looking for an experienced Director to control and oversee all business operations, people and ventures. A Director, or Managing Director, manages and oversees a small group of subordinate managers. Their duties include strategic planning, ensuring the company meets goals and managing profit and loss. A successful Director uses independent judgment and looks at the larger picture to manage company-wide initiatives that help achieve long-term goals.
Responsibilities for a Director
- · Ensure company policies and legal guidelines are communicated all the way from the top down in the company and that they are followed at all times
- · Oversee the company’s financial performance, investments and other business ventures
- · Delegate responsibilities and supervise the work of executives providing guidance and motivation to drive maximum performance
- · Read all submitted reports by lower rank managers to reward performance, prevent issues and resolve problems
- · Supervising, mentoring and managing a small group of managers
- Maintaining relationships with clients, partners and other stakeholders
- Managing the profits and losses of the organization or a specific division
- Developing goals and initiatives to direct the company’s course
- Guiding managers on implementing company initiatives and policies
- Evaluating company processes and procedures to solve issues within them
- Ensuring business operations are implemented based on established procedures
- Maintaining regulatory records and paperwork
- Serving as a mentor and ensuring their managers implement company policies, procedures and initiatives correctly.
- Directors work with managers to evaluate business operations and identify issues that might hurt the company.
- To deal with budgets to ensure the organization or department meets financial goals.
- · Develop and execute the company’s business strategies in order to attain the goals of the board and shareholders
- · Provide strategic advice to the board and Chairperson so that they will have accurate view of the market and the company’s future
- · Prepare and implement comprehensive business plans to facilitate achievement by planning cost-effective operations and market development activities
- · Need to travel overseas and other related areas for business welfare
- · For the efficient growth of the company need to work in undefined time
Director skills and qualifications
- · A successful Director will have various prerequisite skills and qualifications needed for this position, including:
- · Bachelor’s degree in Business Administration or a similar field.
- · A Director should have at least 6 to 10 years of experience, including at least 4 years in a management role.
- · Exceptional leadership skills to effectively lead managers
- · Strong understanding of industry standards, business operations and regulatory requirements
- · Excellent written and oral communication skills
- · Planning and organization skills to facilitate goal-setting
- · Innovative mindset to create new, effective solutions
- · Analytical skills to interpret data
- · Mathematical and financial skills for budgeting responsibilities
- · Proven experience as Director or other managerial position
- · Demonstrable experience in developing strategic and business plans
- · Thorough knowledge of market changes and forces that influence the company
- · Strong understanding of corporate finance and measures of performance
- · Familiarity with corporate law and management best practices