General Manager

ََََ - الكويت - Al Kuwait Kuwait
ََََ

Reporting To: Chairman

 

Job Summary: The General Manager (GM) is responsible for the overall leadership and vision in developing, the Company’s strategies, tactics and business plans necessary to realize the corporate objectives.

The General Manager (GM) manages the overall business to ensure strategic and business plans are effectively implemented, and the results are monitored and reported to the Chief Executive Officer.

 

Key Responsibilities:

 

Ø Strategic Planning and Execution:

        ·           Develop and implement comprehensive business strategies approved by the Board to achieve company objectives.

        ·           Drive growth initiatives, identify new business opportunities, and expand market presence.

        ·           Ensure alignment with the company's mission, vision, and core values.

        ·           Provide overall leadership and vision in developing the Company’s strategic direction.

        ·           Develop and recommend to the Board strategic and tactical plans, including measurable goals and objectives that ensure the Company’s profitable growth and overall success; this includes updating and making changes as required, and involving the Board in the early stages of developing strategy.

        ·           Develop and implement primary goals, short- and long-term objectives and operating plans with reference to the Board’s overall approved strategy and monitor and control deviations that occur.

        ·           Develop in coordination with CFO, annual operating forecasts of revenue, expenditures, operational results, and financial performance and monitor and control deviations that occur

        ·           Lead and manage the Company within parameters established by the Board and its Sub-committees

        ·           Manage the overall business to ensure strategic and business plans are effectively implemented, the results are monitored and reported to the Board on an ongoing basis, and financial and operational objectives are attained

        ·           Implement the Board-approved plan for senior management development and succession

        ·           Ensure all operations and activities of the Company are conducted in accordance with the applicable laws, regulations, the Company’s Articles of Association, sound business practice and in accordance with the policies and practices approved by the Board

        ·           Attend Board meetings and other Board Sub-committee meetings by invitation

 

 

Ø Operational Management:

        ·           Oversee all aspects of Real Estate Management and Support Services Division and oversee the operations of the Financial Services Division.

        ·           Streamline processes to enhance efficiency and effectiveness across departments.

        ·           Monitor key performance indicators (KPIs) to track progress and make data-driven decisions.

        ·           Develop and implement Board approved strategy reflecting long-term objectives and priorities.

        ·           Implement the corporate governance framework established by the Board.

        ·           Assume full accountability to Board for all aspects of the Company operations and performance.

        ·           Maintain ongoing dialogue with the Board and Chairman

        ·           Ensure adequate operational planning, risk management and financial control systems are in place

        ·           Represent Company to Major Clients, Professional Associations, Service Providers and Regulators

        ·           Execute Transparent and Comprehensive Management Reporting

        ·           Implement a robust framework to evaluate the adequacy and effectiveness of the Company’s procedures and systems for ensuring compliance with legal and regulatory requirements and internal policies

        ·           Recommend delegated authorities to specific individuals within the Company with clearly defined responsibilities

 

Ø Financial Leadership:

        ·           Create and manage budgets, financial forecasts, and expense controls.

        ·           Analyze financial reports to identify areas for cost reduction and revenue enhancement.

        ·           Optimize pricing strategies and revenue streams.

Ø Team Leadership and Development:

        ·           Recruit, train, and lead a high-performing team of real estate professionals.

        ·           Foster a positive and collaborative work environment that encourages growth and innovation.

        ·           Provide coaching, mentorship, and performance evaluations for team members.

        ·           Foster a high-performance corporate culture that promotes ethical practices encourages individual integrity/accountability and social responsibility.

Ø Client Relations and Business Development:

        ·           Build and maintain strong relationships with clients, investors, partners, and industry stakeholders.

        ·           Identify and pursue new business opportunities through networking and strategic partnerships.

        ·           Ensure exceptional customer service and client satisfaction.

Ø Market Analysis and Trend Awareness:

        ·           Stay current with industry trends, market conditions, and competitive landscape.

        ·           Utilize market insights to adapt business strategies and capitalize on emerging opportunities.

Ø Legal and Regulatory Compliance:

        ·           Ensure all real estate transactions and operations comply with local, state, and federal regulations.

        ·           Mitigate legal risks and liaise with legal counsel as needed.

        ·           Be responsible for the supervision and control over the Company's business, particularly with respect to ensuring compliance, risk control, independence of functions and segregation of duties.

Ø Communication and Reporting:

        ·           Effectively communicate company objectives, updates, and strategies to the team.

        ·           Present regular reports to senior management, detailing performance metrics and strategic initiatives.

 

Ø Operational Responsibilities:

 

        ·           Keep the Board fully informed of all significant operational, financial and other matters relevant to the Company by establishing a tracking and reporting framework

        ·           Provide the Board, at Board and committee meetings, with exposure to the Company’s key management

        ·           Ensure that the Board of Directors, Board Committees, and staff are fully informed of the Company’s conditions and of all-important factors influencing them

        ·           Execute all decisions of the Board of Directors

        ·           Establish effective control and co-ordination mechanisms for all operations and activities including integrity of the internal control and risk management systems

        ·           Identify the principal risks of the Company’s business, review these risks with the Board regularly and implement appropriate systems to manage these risks

        ·           Ensure that all investments, funds, physical assets, and other properties of the Company are appropriately safeguarded and administered

        ·           Maintain or cause to be maintained such regulators, bankers, governmental, public, auditors or other external relationships, as are deemed advisable and in the interests of the Company.

        ·           Maintain effective internal and external public relations and act, in conjunction with the Chairman of the Board, as the Company has authorized liaison officer with the media for press releases, etc.

        ·           Establish a transparent and comprehensive management reporting mechanism to the Board of Directors on all activities and performance results of the Company

        ·           Provide any signatures required by law such as certification of financials

        ·           Enter into financial and contractual arrangements, in the ordinary course of business, to pursue the approved strategies, business plans, and objectives of the Company, provided however, that major commitments, exposures, and risks shall be reported to the Board in a regular and timely manner

        ·           Authorize the commitment of funds to capital projects not included in a budget or otherwise approved by the Board to a maximum set in the Board approved Authority Matrix; such capital commitments shall be submitted to the Board for ratification at the next regularly scheduled Board meeting

 

Skills

     ·           Requirement open for all nationals

        ·           At least 15 years’ previous experience, with 10 minimum years in a senior management role & 5+ years in similar industry and organizations

        ·           Excellent Analytical skills & ability to communicate with external stakeholders is critical

        ·           Required Bachelor’s degree in Business Administration or equivalent

 

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تاريخ النشر: ٩ سبتمبر ٢٠٢٤
الناشر: Bayt
تاريخ النشر: ٩ سبتمبر ٢٠٢٤
الناشر: Bayt