Key senior roles and their responsibilities
Each senior role has their own unique set of responsibilities that often change depending on the industry and company. Here is a list of typical senior job titles and their primary responsibilities:
Responsible for the profitability and growth of an organization or company. They collaborate with various departments to improve the functionality and business processes for each department. This role may also work closely with project managers for specific programs they need to develop budgets for. Some companies have COOs and director of operations positions. A director of operations will report to the COO in a company that has both positions.
Chief Executive Officer
Responsible for overseeing the entire C-level executive team. They also are responsible for making the major decisions, managing the resources and overall operations of a company. A CEO in a large corporation will deal with strategic decision-making that directs a company toward overall growth. CEOs in smaller corporations may deal with the day-to-day functions of a company. A CEO is usually chosen by the board of directors and their shareholders. CEOs communicate directly with the board and corporate operations. They are the visionaries of a company and often set the tone and corporate culture.
Chief Operating Officer
Works closely with the CEO of a company, and their role is defined by the CEO. In most corporate offices, a COO is responsible for overseeing the daily operations and keeping the CEO aware of significant changes or events. They may also create policies and operations strategies that they must communicate to employees to ensure employees are aligned with corporate goals. A COO may oversee or manage human resource management as well.
Director of Finance
Responsible for managing the overall financial actions of a company. They track the cash flow of a company, handle financial planning, analyze the company’s finances to identify strengths and weakness, and they propose action plans to fix financial issues. They are also responsible for managing the accounting and finance divisions of a company to ensure reports are finished accurately and on time. In a financial institution, a CFO is the highest-ranking executive.
Director of Marketing
In charge of facilitating growth and increasing sales for a company. Their responsibilities include developing and executing strategies that drive the organization to promote brand awareness and provide the company with a competitive advantage. They must shift and adjust to market trends that change rapidly in today’s market.
Director of HR/People Director
In charge of talent acquisition within a company. Their responsibilities may include creating strategies to attract and recruit new talent into leadership roles. They may also organize training and evaluate employee performance to maintain a productive and healthy workplace.
Director of IT
As the technical mind of the organisation, their role includes identifying and understanding all technical aspects of business operations. Identifying and recommending new technology solutions. Managing the organization’s help desk (internal, external, or both). Coordinating IT activities to ensure data availability and network services with as little downtime as necessary.
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