2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The position of CEO is increasingly common in companies that are engaged in various activities. When applying for this vacancy, you should know what duties and rights this employee has. The functions of the executive director are multifaceted and consist in organizing the activities of personnel, solving financial and commercial issues and various administrative and economic problems.
This is a leadership position. The Executive Director is appointed by the General Director and also dismissed by him.
This is the second most important role in the company. During the absence of the General Director, the management is entrusted to the Executive Director. He has signatory authority and acts on behalf of the company.
The person in this position has irregular working hours. What are the functions of the executive director? Its duties are to carry out andcontrol over the current activities of all divisions, branches, which must comply with the general position of the company. He develops long-term plans for the development of the company and monitors their implementation.
His responsibilities also include ensuring the safety of material assets, control over finances, maintaining records and providing data to the relevant authorities. He monitors the activities of employees, imposes pen alties and rewards if necessary.
The executive director prepares orders and instructions that relate to the work of staff. Monitors the fulfillment of duties, controls major transactions and reporting.
Working with personnel is also the responsibility of the person holding this position. The executive director prepares vacancies, conducts selection of candidates, interviews. He controls the work of the personnel department, namely the correct documentation, drawing up employment contracts, timesheets and vacation schedules.
This position provides for holding a meeting of shareholders, control over the payment of dividends and other services. He oversees the drafting of contracts and agreements with clients. His responsibilities include organizing seminars, promotional events and reporting on the results of their conduct. He participates in negotiations with clients and prepares contracts for conclusion with them.
Another aspect of his work is financial control. This is tracking the timely payment for services and goods by counterparties, providing invoices and acts of work performed. He negotiates with clients, discusses the terms of contracts, works with receivables, sends claims and lawsuits to the court.
The executive director works with audit companies, controls financial flows, the financial situation of the company and its branches, makes proposals for improving financial performance and spending material resources.
The executive director has the rights within his competence. He makes proposals, supervises and organizes the activities of the company and is responsible in accordance with regulations.
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