An executive director is the senior operating officer or manager of an organization or corporation, usually at a nonprofit. Their duties are similar to those of a chief executive officer (CEO) of a for-profit company. The executive director is responsible for strategic planning, working with the board of directors and operating within a budget.
Key Responsibilities
- Reviews existing policies on an annual basis and recommend changes to the Board as appropriate
- Creates a market strategy for the company
- Oversees employees and ensures that projects and short and long-term initiatives align with company culture
- Provides leadership in developing program, organizational and financial plans with the Board of Directors and staff, and carry out plans and policies authorized by the board
- Assesses the budget needs of their organization and creates financial reports for stakeholders to review
- Fosters effective collaboration between the staff and Board, as well as foster teamwork among staff and volunteers
- Assists and advises the Board on compliance requirements and operating the organization
- Shares feedback with employees so that they may continue to improve the quality of their work
- Recommends appropriate policy issues for the Board’s attention
- Oversees the efficient and effective day-to-day operations of the Association using Board-approved policies and procedures
Job Requirements/Qualifications
- Bachelor’s and Master’s degree in business administration or a related field
- More than 5 years experience in Financial management
- Excellent knowledge of all licensing regulations and requirements including any Regional or Municipal requirements
- Ability to clearly articulate one’s thoughts
- In depth knowledge of how the company operates
- Top of the line problem solving abilities
Skills needed for this role
The Executive Director must have great critical thinking skills, in depth knowledge of the market the company operates in. He/She must have exceptional public speaking skills, the ability to create a strategic plan and also the ability to fairly critique.
Career Level
Managerial
Job Specializations
Administrative