The Chief Operating Officer (COO) works closely with the CEO and the CFO as well as other executive management team members. He/She provides leadership and strategic vision to the organization and brings operational, managerial and administrative procedures, reporting structures and operation controls to the company. He/She effectively communicates and fosters growth among the executive team and all employees.
Key Responsibilities
- Analyzes internal operations and identify areas of process enhancement
- Develops actionable business strategies and plans that ensure alignment with short-term and long-term objectives developed in tandem with the CEO
- Directly oversees operations, HR, and accounting, and partner with the CEO on sales management to budget for sufficient investment capital to achieve growth targets over the near term
- Aggressively manages capital investment and expenses to ensure the company achieves investor targets relative to growth and profitability
- Monitors performance with tracking and establish corrective measures as needed, and prepare detailed reports, both current and forecasting
- Maintains and builds trusted relationships with key customers, clients, partners, and stakeholders
Job Requirements/Qualifications
- Bachelor’s degree in business administration or related field
- MBA from an accredited university is preferred
- Proven track record of outstanding performance in a previous complex enterprise
- Proven track record of managing complex budgets successfully
- In-depth understanding of the industry including risk management, compliance, and regulatory requirements
- In-depth understanding of accounting principles including budgeting, balance sheets, income statements, cash flow, and capital planning management
- Good knowledge of data analysis and KPIs
Skills needed for this role
The Chief Operating Officer (COO) must have outstanding verbal and written skills and must have the ability to make business projections three years into the future. He/She must have excellent leadership skills and great analytical, problem solving, and time management skills.
Career Level
Managerial
Job Specializations
Administrative, Business Administration