C-Suite

C-Suite

​Managing Director

The Managing Director is one of the key members of a company's management team. They are responsible for the overall day-to-day company operations.

Responsibilities

  • Overseeing the day-to-day operations of the business

  • Preparing business plans, budgets, and reporting

  • Providing strategic advice to the Board

  • Controlling company resources

  • Ensure the business is as efficient as possible

  • Being the face of the business, representing the business in negotiations with clients and suppliers

  • Developing and maintaining relationships with new and existing clients

  • Ensuring that the business is at the forefront of the industry

  • Developing and implementing policies and procedures

Expected Skills & Qualificiations

  • Excellent leadership skills and extensive management experience

  • Sound decision-making abilities

  • A logical and strategic thinker

  • The ability to influence and motivate

  • Excellent communication skills

  • Strong problem-solving skills

  • Good organisational skills

  • Experience in financial management

  • Good commercial awareness

  • Strong industry knowledge

Salary

The average UK annual salary for a Managing Director is £70,000. This can rise to over £100,000 in London. Managing Directors in the north of England can expect approx. £65,000 per year. Salaries for this role are often reflective of the size and success of the business. Annual bonuses are common for Managing Directors, alongside other benefits. (Reed, March 2022)

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