Managing Director Job Description template
A managing director is someone who manages a company or department. This role is typically held by a CEO, and in smaller companies, the managing director may be the CEO as well as the head of all operations. A managing director is usually in charge of established operations, but may also be in charge of developing new markets and products.
Managing Director Responsibilities
- Live in and oversee direct daily operations of branch
- Work with management team to ensure targets are met and that branch is always in a healthy financial position
- Maintains strong relationships with customers and suppliers
- Maintains relationships with competitors
- Maintains relationships with bankers and credit agencies
- Keeps branch competitive through staff development, supervision, training, and coaching
- Creates a positive, motivating work environment for employees
- Supports and implements company policies and procedures
- Identify and implement measures to improve branch operations
- Evaluates performance, implements corrective actions, and recommends rewards
- Gathers, analyzes, and presents data to make important decisions
- Measures the effectiveness and efficiency of accounting, reporting, and other business processes
- Manages the overall branch budget
- Implements policies and makes recommendations regarding branch budget and policies
Objectives
- Oversee the overall health of the business, including sales, marketing, and client relationships
- Maintain accounting records, reports, and summaries
- Reviews financial and operational reports
- Establish and monitor firm’s policies, procedures, and strategies
- Maintain and manage public relations
- Implement cost saving measures
- Lead and motivate employees in order to foster morale and ensure productivity
- Participate in meetings with clients
- Maintain confidentiality of all client information
- Analyze market trends and competition
- Develop strategic plans for optimized productivity
- Review and improve organizational effectiveness by developing processes, overseeing employees, establishing a highly motivated work environment, and creating innovative approaches for improvement
- Uphold standards of excellence and soaring quality
- Seek out opportunities for expansion and growth by developing new business relationships
- Provide guidance and feedback to help others strengthen specific knowledge/skill areas
Managing Director Skills Needed
- Proven experience in a managerial role; preferably in technology
- Proven ability to develop and maintain financial plans
- Strong working knowledge of operational procedures
- Strong customer service skills
- Strong projection of ideas and solutions into operations
- Strong communication skills
- Knowledge of general business