DEPUTY MANAGING DIRECTOR


JOB SUMMARY

Our client, a Power Distribution company in Lagos is currently seeking to recruit a  “DEPUTY MANAGING DIRECTOR (DMD)”  to support the MD & CEO as his/her most trusted lieutenant in driving organization’s vision, mission & values, and to set direction and achieve results for short & long term success of the organization in eyes of its all stakeholders. The jobholder is a member of the top management team and reports directly to the MD/CEO. While he/she will not report directly to the Board, the incumbent would be a permanent invitee to the Board meetings. This is a role which would be groomed to take up MD & CEO position in future, hence, the jobholder is expected to work very closely with the present MD & CEO and other Chiefs (of various functions) to have a full appreciation of the business and its senior leadership. The incumbent must also be good at understanding and capitalizing on various shifts in technology, customer expectations and regulatory impacts.  

 

JOB RESPONSIBILITIES

  • To review progress on set objectives, plans, KPIs on monthly/quarterly basis, to support top management in removal of bottlenecks, and carry out necessary course corrections as necessitated.
  • To support the regulatory chief in policy advocacy, as needed on case to case basis and towards a better relationship management with regulators, government agencies and top line customers, etc.
  • To engage effectively towards setting & improving systems & processes – including IT- enabled systems, automation, technological interventions, etc. necessary for the short & long term success of the organization.
  • To resolve inter-departmental issues/conflicts so as to expedite decision making & execution on key action plans of the organization towards improved profitability.
  • To propose and convince the Board on vital actions needed for organizational success.
  • To participate in various community, customers’ and employees’ engagement forums as & when needed towards understanding their needs/expectations, creation of a world class work culture, motivation, knowledge sharing, dissemination of company’s achievements & future plans, etc.
  • To participate in various other activities that would be critical (strategic or/and tactical) for this role from time to time.
  • To guide & mentor various Chiefs – especially the CTO and CCO – towards development & deployment of suitable systems & processes towards customer satisfaction.
  • To set long term (3 to 5 years) direction for the organization in terms of vision, mission and values - in close coordination with the MD & CEO.
  • To set the short to medium term (1 to 3 years) direction of the organization in terms of annual strategy, business plans/roadmaps, most vital KPIs/targets, etc. - in close coordination with the MD & CEO.
  • To participate in vendor approval, contract formulations, negotiations and finalization of financial terms & conditions – as per Delegation of Power (DoP) – so as to expedite procurement activities as per business needs.

EDUCATION AND WORK EXPERIENCE REQUIREMENTS:

  • First degree in Engineering, Management, Finance, Economics or Business-related discipline
  • MBA/Masters in a related discipline.
  • Minimum of 20 years cognate top-tier management experience in related company/industry preferably a globally rated company out of which 7 years must have been spent at executive management level. Expatriates have a distinct advantage.
  • Member of relevant professional bodies

KNOWLEDGE AND SKILLS:

  • Financial and business management
  • Strategy formulation & Business planning
  • Business/Market intelligence
  • In - depth knowledge of the power distribution company
  • Business process & organizational dynamics knowledge
  • Performance management (Corporate and Business).
  • Risk Management
  • Emotional Intelligence
  • Data analysis
  • Financial and business management
  • Strategy formulation & Business planning
  • Business/Market intelligence
  • In - depth knowledge of the power distribution company
  • Business process & organizational dynamics knowledge
  • Performance management (Corporate and Business).
  • Risk Management
  • Emotional Intelligence
  • Data analysis

COMPETENCIES:

  • Leadership skills
  • Decision-making
  • Analytical and result-oriented
  • Very sound communication skills (verbal & written)
  • Negotiation skills
  • Planning & Organizing
  • Demonstrated proficiency with Microsoft Office products (Outlook, Excel, PowerPoint, Word)