MANAGING DIRECTOR

MANAGING DIRECTOR

• Position Title: Managing Director

• Incumbent: Vacant

• Reporting To: Board of Directors and the Group Chief Executive Officer (GCEO)

• Position Level: Executive Management

• Location: Zimbabwe

• Qualifications: Bachelors Degree in Construction Engineering/Civil Engineering/Supply Chain Management and a relatable Masters Degree.

• Experience: At leat 5years experience in a directorship role preferably in the construction industry.

1. JOB PURPOSE

The Managing Director is responsible for providing strategic and executive leadership to the organisation, ensuring effective management of its overall business operations, financial performance, commercial activities, human capital, technology, risk, compliance and quality management systems.

The role is responsible for translating the Board-approved strategy, vision, mission and organisational objectives into practical business plans and measurable results.

The Managing Director shall drive business stabilisation, turnaround, organisational transformation, sustainable growth and value creation while ensuring good corporate governance, operational efficiency, accountability and compliance with applicable laws and regulations.

2. KEY RESPONSIBILITIES AND DUTIES

• 2.1 Strategic Leadership and Corporate Management

• Formulate, recommend and implement the organisation's corporate strategy.

• Translate the organisation's purpose, vision, mission and values into operational priorities.

• Develop and implement annual business plans and rolling strategic plans.

• Identify business opportunities, market developments, competitive threats and growth initiatives.

• Lead business stabilisation, turnaround and corporate transformation programmes.

• Monitor implementation of strategic initiatives and ensure delivery of agreed objectives.

• Advise the Board and the GCEO on strategic options, business risks and opportunities.

• 2.2 Business Operations and Performance Management

• Direct and oversee the organisation's day-to-day operations.

• Develop operating plans, performance standards and service-level targets.

• Ensure efficient utilisation of organisational resources and assets.

• Monitor productivity, operational costs, service delivery and business performance.

• Implement corrective actions to address operational inefficiencies and underperformance.

• Ensure business continuity and effective operational controls.

• Lead continuous improvement initiatives across the organisation.

• 2.3 Financial Management and Control

• Oversee financial planning, budgeting, forecasting and financial reporting.

• Ensure accurate and timely preparation of management accounts.

• Monitor revenue, profitability, cash flow, working capital and operating expenditure.

• Maintain effective internal financial controls and open-book accounting practices.

• Identify and implement cost optimisation and cost-efficiency initiatives.

• Mobilise funding and develop funding strategies to support business operations and growth.

• Oversee liquidity management, financial obligations and financial risk.

• Ensure financial decisions are supported by reliable management information.

• Protect organisational assets and ensure financial accountability.

• 2.4 Commercial Development and Stakeholder Management

• Lead commercial strategy, business development, sales and market expansion.

• Oversee products, pricing, customer relationships and revenue generation.

• Identify new markets, customers, strategic partnerships and business opportunities.

• Develop strategies to improve customer satisfaction, retention and market competitiveness.

• Maintain relationships with shareholders, lenders, customers, suppliers, regulators, government and strategic partners.

• Protect and enhance the organisation's brand, reputation and goodwill.

• Ensure that external communications and stakeholder engagements comply with approved policies.

• 2.5 Human Capital and Organisational Development

• Provide executive leadership in organisational structure and workforce planning.

• Ensure appropriate staffing levels, competencies and organisational capacity.

• Lead talent management, performance management and employee development.

• Develop and implement succession planning for critical positions.

• Promote accountability, ethical conduct, teamwork and a high-performance culture.

• Drive capacity building, skills transfer and institutional development.

• Cascade organisational objectives and Balanced Scorecard targets to employees.

• Ensure effective management of employee performance and productivity.

• 2.6 Corporate Governance, Risk and Compliance

• Implement the governance framework, policies and procedures approved by the Board.

• Ensure compliance with applicable legislation, regulations and corporate governance requirements.

• Maintain effective enterprise risk management and internal control systems.

• Identify, assess and manage operational, financial, legal, regulatory and strategic risks.

• Maintain risk, compliance, obligations, litigation and audit registers.

• Ensure timely reporting and resolution of compliance breaches and audit findings.

• Promote ethical leadership, transparency, accountability and responsible decision-making.

• Ensure that matters reserved for Board approval are escalated before implementation.

• 2.7 Technology, Information and Data Management

• Oversee the organisation's technology strategy and digital transformation.

• Ensure effective implementation and utilisation of the Enterprise Resource Planning (ERP) system.

• Drive implementation of the Data-Based Management System.

• Ensure accuracy, completeness, integrity and availability of management information.

• Oversee information security, cybersecurity and data protection controls.

• Ensure effective management of information assets, software licences and technology infrastructure.

• Promote evidence-based decision-making throughout the organisation.

• 2.8 Quality Management and Continuous Improvement

• Establish, implement, maintain and continually improve the Quality Management System.

• Ensure compliance with ISO 9001:2015 requirements.

• Oversee quality objectives, internal audits, corrective actions and management reviews.

• Maintain quality certification where applicable.

• Ensure that customer satisfaction and quality standards are integrated into operational processes.

• Promote continuous improvement, process efficiency and organisational excellence.

• 2.9 Procurement, Supply Chain and Asset Management

• Oversee procurement and supply chain management.

• Ensure transparent, competitive and cost-effective procurement processes.

• Manage supplier performance and third-party relationships.

• Ensure effective asset management, maintenance, utilisation and safeguarding of the organisation’s resources.

• Oversee inventory management and supply chain continuity.

• Ensure procurement and asset transactions comply with approved delegations and applicable legislation.

• 2.10 Projects, Investments and Business Development

• Identify and evaluate strategic projects and investment opportunities.

• Ensure preparation of sound business cases and feasibility studies.

• Oversee implementation of approved capital projects and business initiatives.

• Monitor project budgets, timelines, risks and expected benefits.

• Ensure that major investment and financing proposals are submitted to the Board for approval.

• Monitor delivery of strategic milestones and expected business value.

• 2.11 Health, Safety, Environment and Sustainability

• Ensure effective health, safety, environmental and security management systems.

• Promote safe working conditions and compliance with environmental legislation.

• Oversee incident reporting, investigations and corrective actions.

• Implement Board-approved sustainability programmes.

• Monitor environmental, social and governance-related risks and performance.

• Ensure business operations are conducted responsibly and sustainably.

• 2.12 Board Reporting and Executive Accountability

• Report to the Board through the Chairperson.

• Report to the Group Chief Executive Officer.

• Prepare and present comprehensive management reports and Board papers.

• Provide accurate and timely information on organisational performance.

• Submit monthly management accounts, KPI dashboards and performance reports.

• Present quarterly business performance reviews and market intelligence reports.

• Present annual strategic reviews, enterprise value reports and quality management reviews.

• Immediately escalate material risks, adverse developments, incidents and control failures.

• Implement Board resolutions and report on their execution.

3. AUTHORITY AND DECISION-MAKING

• The Managing Director shall exercise executive authority within the limits of the Board-approved Delegation of Authority and Reserved Matters framework.

• The position has authority to:

• Manage day-to-day business operations.

• Recruit, manage and discipline employees within approved structures and delegated limits.

• Manage operational expenditure within approved financial limits.

• Negotiate and conclude contracts within approved authority.

• Manage procurement, projects and supplier relationships within approved limits.

• Implement approved business strategies, policies and operational plans.

• Recommend major investments, acquisitions, financing arrangements and strategic transactions to the Board and Group Chief Executive Officer.

• The Managing Director shall not independently approve or implement matters reserved for the Board, Group Chief Executive Officer or Shareholders.

• 4. PERFORMANCE MEASUREMENT AND KEY PERFORMANCE INDICATORS

• Performance shall be evaluated through the organisation's Key Performance Indicator (KPI) Framework and Balanced Scorecard (BSC).

• Performance area

• Indicative performance measures

• Financial performance

• Revenue, profitability, Adjusted NOPAT and Value Created

• Cost management

• Actual Operating Cost against Target Operating Cost

• Cash and funding

• Cash generation, liquidity and funding mobilisation

• Business operations

• Productivity, operational efficiency and delivery against plans

• Customer and marketplace

• Customer satisfaction, retention and market performance

• Human capital

• Employee productivity, training and succession readiness

• Governance and compliance

• Compliance performance, audit findings and risk management

• Quality management

• ISO 9001:2015 compliance, corrective actions and customer outcomes

• Technology and data

• ERP adoption, data quality and system availability

• Projects and innovation

• Project delivery, milestone achievement and continuous improvement

• Safety and sustainability

• Safety performance and environmental compliance

• Performance shall be monitored monthly, reviewed quarterly and evaluated annually, using verified information from the Data-Based Management System.

5. KEY WORKING RELATIONSHIPS

• Internal:

• Board of Directors, Group Chief Executive Officer and Board Committees

• Executive Management Team

• Finance and Administration

• Human Resources

• Operations and Business Unit Heads

• Procurement and Supply Chain

• SHEQ and Quality Management

• Risk and Compliance

• IT, Digital Systems and Information Security

• External:

• Shareholders and investors

• Banks and financial institutions

• Customers and suppliers

• Government departments and regulators

• Strategic partners

• External auditors and professional advisers

• Local communities and other stakeholders

6. PROFESSIONAL AND PERSONAL COMPETENCIES

• The position requires demonstrated executive capability in:

• Strategic leadership and business transformation.

• Corporate and operational management.

• Financial management and commercial decision-making.

• Business development and stakeholder engagement.

• Organisational development and people management.

• Corporate governance and risk management.

• Performance management and evidence-based decision-making.

• Change management and continuous improvement.

• Ethical leadership, integrity and accountability.

• Effective communication, negotiation and problem-solving.

7. ACCOUNTABILITY AND EXPECTED OUTCOMES

• The Managing Director is accountable for:

• Achievement of Board-approved strategic and operational objectives.

• Sustainable improvement in organisational financial performance.

• Effective management of organisational resources and assets.

• Improved operational efficiency and business competitiveness.

• Effective corporate governance and regulatory compliance.

• Development of organisational capacity and leadership succession.

• Maintenance of quality standards and customer satisfaction.

• Effective risk management and internal controls.

• Accurate, transparent and timely management reporting.

• Long-term organisational sustainability and value creation.

• Note: The Board retains ultimate governance and oversight authority, while the Managing Director exercises executive management authority within approved delegations and applicable law.