Role of the Chief Executive Officer

The Chief Executive Officer (“CEO”) of AL-SAM Group is responsible for leading the development and execution of the Company’s long term strategy with a view to creating shareholder value in managed companies. The CEO’s leadership role also entails, being ultimately responsible for the coordination of affiliate companies at the corporate level the following core business activities shall be carried through corporate management model:

• To foster the development of business management dynamics consistent with the management of operating subsidiaries and affiliate companies.
• To help increase the business competitiveness of the affiliate and/or operating companies under his supervision.
• To make our corporate management style a mark of identity that generates a feeling of belonging, paving the way for inter-cooperation and helping to optimize synergies at corporate level.

Job Description Summary:

The CEO is the leader of AL-SAM Group companies and is responsible for the overall success of the Group. Under the supervision of the Board of Directors, the CEO is responsible for the overall management of the Group; developing business strategies and plans ensuring their alignment with short-term and long-term objectives; leading and motivating staff to advance employee engagement; developing a high performing corporate management team; and, ultimately overseeing all operations and business activities to ensure they produce the desired results and are consistent with the overall strategy and mission of the Group companies. Additionally, the CEO is responsible for driving change management and continued innovation through a period of transformation as well as representing the Group companies to clients and external partners and agencies.

Job Requirement

The Qualifier’s competencies and person specification

• The candidate shall have exceptional leadership and diplomatic skills; strong expertise and appreciation of diversified industries such as trading, manufacturing, real-estate, and service; A charismatic leader with the ability to grow a business
• The candidate needs to have such essential skills and knowledge in areas which are considered critical building blocks for the development of functional competencies as collaboration/partnership, communication, decision-making, governance, management, organizational development, personal and professional development, planning and vision setting.
• The candidate needs to be a well-rounded commercially astute individual with considerable experience of dealing with the multiple stakeholders.
• A degree in business studies and 15+ years’ experience in diversified industries; MBA degree is a plus
• Excellent in team development; and strong in cross functional advisory
• Experience in Strategic Planning and Execution; and skill in examining and re-engineering operations and procedures
• Experience in formulating policy, and developing and implementing new strategies and procedures
• Candidate should possess excellent communication, inter-personal, leadership, and presentation skills

Compensation and Benefit Packages

• Base Salary will be very attractive and commensurate to the expected performance and in alignment within the norms among the CEOs’ base salary prevalent across industries based on qualification of the candidate.
• Profit Sharing Plan that involve the entitlement of the CEO to a certain percentage of the Net Profit after Taxation of the Company and which is also payable in cash at the end of each accounting period of the Company.

Other benefits

• In addition to the above listed compensation plan, the CEO will be entitled to the following benefits which include:
• Health Insurance per the new Government proclamation and directives on health coverage.
• A Company car with its fuel allowance, subject to the Company’s policies.
• A Company provided cellular telephone, subject to the Company’s policies.
• Reimbursement of business expenses incurred in accordance with Company policy.
• Pension Fund as per the Ethiopian Private Employee Pension Fund Proclamation.

How to Apply

• Interested applicants are invited to submit in person to the below indicated address: their non-returnable application, CV (which include such details as Personal Particulars; Education Level; Employment History with job scope in point form; Current/ Last Drawn Salary; and Expected Salary and other related credentials within 10 working days from the first date of this announcement on the newspaper:

Address: Executive Assistant to the MD (Meron)AL-SAM PLC Head Office, located in Arat Kilo area at Nib Bank Building 5th floor. For additional information contact Tel. 0111557733/0111557774

NB: Please note that you will be required to come up with proposal and/or Power Point Presentation on how you can approach the strategy development and associated organization of the business based on your previous experience. You will be provided with the brief introduction of the companies’ areas of business operations and their current situation by the Executive Assistant when you come to submit your application.