Managing Director

4 weeks ago


Reading Berkshire, United Kingdom Novo Executive Search Full time

Job Description

MANAGING DIRECTOR

SOUTH EAST

Our client is a leading supplier of engineered machines, parts and accessories to service engineering companies and end users. The company is very successful with a good brand and are targeting significant growth over the next 5 years.

The business has built up valuable long-lasting relationships with over 3,000 customers and an impressive product range. Alongside their vast product range, the business provides a best-in-class customer service ensuring every customer enjoys a fast, friendly service backed up by decades of experience within the industry.

THE ROLE MANAGING DIRECTOR

Due to the owners wanting to significantly grow and develop the business, we are helping them to recruit a new Managing Director who can help them take the business forward.

Headquartered in Reading, the company has ambitious growth plans to double in size over the next 5 years from £11million to £20million, while also looking at opportunities to expand internationally.

The incoming Managing Director will be an experienced and highly commercial business leader, with a successful track record of enhancing profitability and growing businesses. Reporting into the Owners, this is a key appointment with full P&L and strategic responsibility.

Key Responsibilities

  • Lead and set the direction for the business in order to grow the company to £20million over the next 5 years, and then £50million within the next 10 years
  • Play a key role in identifying further opportunities to expand the business internationally as well as into new potential markets
  • Build, lead and inspire a high-performing team, ensuring effective recruitment, training and development strategies are in place
  • Project Manage the relocation of the business to a new distribution centre ensuring minimal disruption and maximum efficiency
  • Review existing systems, controls and organisational structures to identify, track and optimise conversion and pull through of contracts to support the realistic but ambitious growth plans
  • Foster a culture of continuous improvement, innovation and exceptional customer service
  • Drive process automation and operational streamlining for enhanced productivity and cost-effectiveness

Skills and Competencies Required

  • Degree educated, MBA preference
  • Strong commercial background in relevant field
  • 5-10 years business management experience within a comparable business
  • Proven business management experience, preferably with a commercial background within engineered products and distribution
  • Strong commercial leader with P&L experience, with demonstrable track record of growing and developing a business including international experience
  • Experience of identifying, negotiating and leading successful acquisitions
  • Experience of operating at the highest level of professionalism and personal integrity
  • The successful candidate will have a passion for continuous improvement, lean management and a strong sense of accountability
  • ‘Hands on’ operator with evidence of strong leadership and personal authority, as well as communication and people management skills.
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