Job Expired
Ablaze Labs
Business
Business Development
Addis Ababa
3 years - 5 years
1 Position
2023-06-13
to
2023-06-23
Business Administration
Finance
Full Time
Share
Job Description
The Business Department Head holds the responsibility of overseeing the critical operations of the department. This role combines strategic planning, resource allocation, and personnel management to ensure seamless and effective performance and growth for the organization. In close collaboration with other departments and senior management, the Business Department Head devises and implements business strategies of impeccable acumen that dutifully align the departmental activities with the wider organizational goals and objectives.
Develop and implement strategies to achieve the department's objectives in line with the overall organizational goals. Identify new business opportunities, market trends, and potential risks, and provide recommendations for improvement.
Manage the department's budget, monitor expenses, and ensure efficient resource allocation. Work closely with the finance department to track financial performance, analyze financial data, and make informed decisions to optimize departmental profitability.
Lead and motivate a team of business professionals, providing guidance, mentorship, and performance feedback. Foster a positive work environment that promotes collaboration, innovation, and professional growth.
Identify and pursue new business opportunities, partnerships, and collaborations to expand the department's reach and revenue streams. Develop and maintain relationships with clients, vendors, and stakeholders to support business growth.
Streamline departmental processes and workflows to enhance operational efficiency and productivity. Implement best practices and tools to optimize business operations, project management, and data analysis.
Set performance goals and key performance indicators (KPIs) for the department. Regularly monitor and evaluate departmental performance against set targets, identify areas for improvement, and implement corrective actions as necessary.
Identify and mitigate potential risks that may impact the department's operations or financial performance. Develop and implement risk management strategies and contingency plans to ensure business continuity.
Collaborate with other department heads, senior management, and cross-functional teams to achieve organizational objectives. Participate in management meetings, contribute to decision-making processes, and provide strategic insights and recommendations.
Ensure departmental compliance with relevant laws, regulations, and industry standards. Stay updated on changes in business laws and regulations that may impact departmental operations, and implement necessary measures to maintain compliance.
Qualifications:
Bachelor’s degree in business administration, finance, or a related field. Master's degree is a plus
3-5 Years of Prior experience in a leadership role, such as overseeing a business department or similar function
Must have strong business acumen and strategic thinking abilities
Excellent leadership and team management skills are required
Exceptional communication and interpersonal skills are a must-have
Proficient in financial analysis, budgeting, and resource allocation
Demonstrated ability to develop and implement business strategies
Strong analytical and problem-solving skills required
Knowledge of industry trends, market dynamics, and competitive landscape
Familiarity with risk management and compliance practices is necessary
Must have the ability to adapt well to a fast-paced and dynamic business environment.
Submit your CV via email: Hr@ablazelabs.com
Note: Please mention the position in the subject line of your email
Fields Of Study
Business Administration
Finance