Managing Director Job Description

What is the job description of a Managing Director? What are the duties and responsibilities of a Managing Director? What does a Managing Director do?

Job description of a Managing Director

Managing Directors oversee a company's business operations, liaise with stakeholders, drive strategic company growth, and are responsible for the overall performance of the business.

This Managing Director job description example includes the list of most important Managing Director duties and responsibilities as shown below. It can be modified to fit the specific Managing Director profile you're trying to fill as a recruiter or job seeker.

Managing Director Duties and Responsibilities

Managing Director job description should contain a variety of functions and roles including:

  • Develop and execute the company’s business strategies in order to attain goals 
  • Provide strategic advice to the board and Chairperson 
  • Prepare and implement comprehensive business plans
  • Plan cost-effective operations and market development activities
  • Establish company policies and legal guidelines 
  • Ensure a positive work environment
  • Ensure performance appraisal, training and professional development activities 
  • Reward performance, prevent issues and resolve problems
  • Execute public speaking and represetational apperances in a professional manner 
  • Analyze problematic situations and occurrences and provide solutions to ensure company survival and growth
  • Build long term, trusting relationships with shareholders, business partners and authorities
  • Oversee the company’s financial performance, investments and other business ventures
  • Supervise the work of executives providing guidance and motivation to drive maximum performance
  • Further develop and enhance company culture

Managing Director Requirements / Skills / Qualifications

Managing Director job description should include these common skills and qualifications:

  • MA in business administration or similar relevant field
  • Previous working experience as Managing Director for (x) year(s)
  • Hands on experience in developing strategic and business plans
  • Outstanding communication, presentation and leadership skills
  • Superior quantitative and qualitative analytical skills
  • Problem solver able to keep calm and efficient under pressure and in crisis
  • In depth knowledge of market changes and forces that influence the company
  • Familiarity with corporate law and management best practices
  • Excellent organisational and time management skills

As a hiring manager, recruiting an ideal Managing Director starts with crafting a good job description. Use this Managing Director job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Managing Director may also reference it in preparation for the interview.