Chief Operating Officer (COO) Job Description

COO Responsibilities:

  • Working together with key participants to compile the budget.
  • Spearheading strategies to steer the company’s future in a positive direction.
  • Driving the company’s operating capabilities to surpass customer satisfaction and retention, and company goals.
  • Controlling company costs, and introducing tactical initiatives to address theft and other losses.
  • Monitoring invoices, money handling procedures, accounting and bank processes.
  • Preparing timely and accurate financial performance reports.
  • Delegating responsibilities to ensure staff members grow as capable participants.
  • Employing various initiatives to coach employees to optimize their capabilities.
  • Completing performance reviews in a prudent manner.
  • Assessing and implementing improved processes and new technologies, and collaborating with management regarding the implementation of these improvements.
  • Design and implement business strategies, plans and procedures
  • Set comprehensive goals for performance and growth
  • Establish policies that promote company culture and vision
  • Oversee daily operations of the company and the work of executives (IT, Marketing, Sales, Finance etc.)
  • Lead employees to encourage maximum performance and dedication
  • Evaluate performance by analyzing and interpreting data and metrics
  • Write and submit reports to the CEO in all matters of importance
  • Assist CEO in fundraising ventures
  • Participate in expansion activities (investments, acquisitions, corporate alliances etc.)
  • Manage relationships with partners/vendors

COO Requirements:

  • Five years experience managing a complex enterprise’s human resources, finances, operations and strategies.
  • Proven track record of outstanding performance in a previous complex enterprise.
  • Proven track record of managing complex budgets successfully.
  • Demonstrated experience of ethical leadership.
  • Outstanding verbal and written skills, and experience working with staff on all levels.
  • Ability to make business projections three years into the future.
  • Proven experience as Chief Operating Office or relevant role
  • Understanding of business functions such as HR, Finance, marketing etc.
  • Demonstrable competency in strategic planning and business development
  • Experience in fundraising will be a plus
  • Working knowledge of data analysis and performance/operation metrics
  • Working knowledge of IT/Business infrastructure and MS Office
  • Outstanding organizational and leadership abilities
  • Excellent interpersonal and public speaking skills
  • Aptitude in decision-making and problem-solving
  • BSc/BA in Business Administration or relevant field; MSc/MBA is a plus