Group Managing Director Job in Tanzania – A Diversified Group of Companies

Applications are invited from suitable qualified individuals to fill the vacant position above at the head office of the company.
Job Title: Group Managing Director
Reports lines & the Challenges involved:
The Group MD will be the head of the Group. Will be in charge and accountable for all the operations of the organization (the group and its subsidiaries/investments.
The MD will be the representative and decision maker for the group reporting to the exec Chairman and the board. This is a position which is associated with power, prestige, and responsibilities and financial and growth of the group of  companies.
Background of the Group:
The Group is a diversified investment group primarily focused on marketing, outdoor media and advertising/communication, and real estate. Secondarily the company is exploring other opportunities in the area of natural resources, energy, construction, brokerage, financial and technology.
The Group MD who will take over the daily operations of this group while the Chairman remains the Executive Chairman, providing strategic advise/input to the new MD.
Duties and Responsibilities
The Group MD will be responsible for making strategic plans and setting business objectives including complete restructure of group in collaboration with Exec Chairman and assistance of external consultant if need be.
He/She will evaluate the profitability of the various plans formulated by different  departments/subsidiaries and discusses them with the Chairman and the board of directors. He/She will decide and implement the financial investment plans for the group and subsidiaries. He/She has to analyze and distribute budgets to different projects and subsidiaries.
He/She must ensure that the financial strategies are firm’s cost effective and the revenues and growth is maintained. Besides focusing on generating revenues he must also decide on expansions strategies through mergers and acquisitions.
Skills and Specifications
The Group MD MUST have exceptional leadership skills as he has to motivate the entire company and lead by setting an example. He/She should have presence of mind and have quick decision-making abilities. He must have good communication and networking skills and interact with other people from the corporate world. He must have a natural instinct for business and management. He/She must promote a positive atmosphere and keep track of all the different departments/subsidiaries of the group. He/She needs to be a person of integrity and should be honest in his dealings without misusing his power
Education and Qualifications
The Group MD whose designation is at the highest position in the Group of Companies must have experience on
private commercial environment at management level. A post graduate degree (MBA, Masters etc) in the area
of corporate finance, management, investment is prerequisite. Coupled with at least 8-10 years experience in the
investment management sector, commercial./marketing with deep knowledge/understanding of Sub Sahara
Africa esp East Africa.
Age 35 to 40 years’
Mode of Application
Interested candidates should send their applications letters, enclosing their CVs, copies of certificates, testimonials and names of three referees to the following postal address. Applications must be received within 2 weeks from appearance of the advertisement.
Vacant Position – Group MD
P.O. Box 71035, Dar Es Salaam
Tanzania.
Email: mandyjoshy@yahoo.com
Phone: +255 22 2136674
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Executive Selection Division,
Manpower Services (K) Ltd,
3rd Floor, Landmark Plaza, directly opposite Nairobi Hospital Entrance.
P.O. Box 50736 – 00200.
Email: recruit@manpowerkenya.com


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