Job Expired

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Business Department Head

Ablaze Labs

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Business

Business Development

Addis Ababa

3 years - 5 years

1 Position

2023-06-13

to

2023-06-23

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Business Administration

Finance

Full Time

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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.

Key Responsibilities:

  • 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.

Job Requirements

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.

How to Apply

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