To serve as a strategic, visionary, and influential leader with the skills, passion and commitment to advance transformative change in support of growth, profitability and operational excellence. Playing a pivotal role, the CEO is expected to develop and where required influence business strategy and direct and where required monitor business plan implementation in accordance with all applicable policies and a regulatory law to guarantee the achievement of the companys objectives and vision with regards to all its ventures in India.
Requirements
Experience and Qualifications
- An appropriate business post graduate tertiary qualification (e.g. Comm and/ or MBA) (essential)
- Minimum of 10 years' post qualification experience in financial management (essential)
- At least 10 years of directly related executive management
- Must have a solid, in depth understanding of the business environment, processes, legislative and industry
- The candidate must be independent and not have any direct shareholding in any shareholder interests in the company or subsidiary companies or must relinquish such
- The candidate must qualify to be appointed to certain Boards where required.
- The candidate must meet all regulatory requirements.
- Develop strategic and annual business plans and budgets for relevant ventures in India and present to the Group Exco and Board of Directors for approval.
- Ensure that the organisational structure, management team and staff of these ventures are aligned to implement the strategies and business plan.
- Build an environment, which exemplifies the appropriate culture and values to guide behaviour and decision-making.
- Optimise the physical infrastructure and systems for the ventures to operate functionally and cost effectively.
- Develop and introduce profitable and competitive offerings and related services into the target markets through the various distribution and service channels.
- Formulate and implement corporate policies adhering to good corporate governance, operational procedures and financial controls.
- Oversee the management of the day-to day activities of the ventures to meet financial / profitability and related objectives.
- Adhere to statutory reporting and other regulatory requirements both in India and South Africa.
- Grow the ventures in a sustainable way to maximise shareholder value.
- Foster a clients-focused environment, drive the ventures to anticipate market needs and deliver products and services that exceed and shape clients expectations with a focus on profitable growth.
- Oversee the operations of the ventures to ensure efficiency, quality services and effective management of resources.
- Oversee the financial management of the ventures including both long term and short-term financial planning to assure sustainability.
- Review the ventures operating results and take steps to ensure that appropriate measures are taken to achieve targeted results.
- Keep the Board and the Momentum Group Exco informed of all important matters pertaining to the effective operation of the various ventures.
- Provide inputs and influence the business plans and strategic objectives of key joint ventures companies in India to set capital infusion requirements.
- Monitor execution of business plans and provide business support to assist with the achievement of business plan objectives and manage capital infusion in line with plans for the joint venture.
- Manage key joint venture partnerships through engagement on various stakeholder levels, Holding Company, Board, CEO, Leadership Team, and key personal of the joint venture company.
- Deploy and manage resources from across different business units in the Momentum Group in support of the joint venture business plans and set, monitor and manage the budget for the support.
- Continuously explore the viability of exporting Momentum Group Intellectual property and expertise to India through the establishment of other feasible joint ventures.
- Continuously explore the Indian business environment for technology, innovative business models and offerings that can be successfully used by the Momentum Group in South Africa and other jurisdictions.
