Job Summary
Renowned Company in Port Elizabeth is seeking an experience General Manager to join their team.
Job Overview:
We are seeking a skilled General Manager responsible for overseeing and optimizing the family office's diverse investment portfolio, which includes holdings in the medical industry, financial services, farming operations, and personal investments. This role requires a strategic thinker with exceptional financial acumen who can identify new business opportunities, conduct thorough investment analysis, and provide expert guidance to ensure optimal profitability and wealth preservation for the family. This role will involve travel between different sites as needed
Experience & Qualifications
- Bachelor’s degree in Business Management, Accounting, Financial Management, Economics or a related field.
- CA(SA); CIMA and/or MBA will be advantageous.
- A minimum of 8-10 years’ experience in investment management, financial planning and strategic management or a role with senior finance functions and expertise in budgeting, forecasting, analysis and reporting.
Interpersonal Skills & Personal Attributes
- Excellent communication skills (written and verbal)
- Ability to present complex financial information clearly to non-financial stakeholders
- Strong relationship-building and networking capabilities
- Negotiation and influencing skills
- Collaborative approach with ability to work with diverse stakeholders
- Cultural sensitivity and ability to navigate family dynamics
- Proactive and self-motivated
- Detail-oriented with strong organizational skills
- Ability to work independently with minimal supervision
- Results-driven with focus on performance optimization
- Adaptable and comfortable managing ambiguity
- High level of professionalism and executive presence
Key Responsibilities:
- Strategic Investment Management
- Develop and implement comprehensive investment strategies aligned with the family's financial goals, risk tolerance, and values
- Oversee and monitor performance across all investment portfolios including medical industry, financial services, farming, and personal investments
- Conduct detailed analysis of current investments and recommend optimization strategies to maximize returns
- Evaluate potential investment opportunities and prepare detailed investment proposals with risk-return analysis
- Maintain portfolio diversification to manage risk while pursuing growth objectives
- Monitor market trends, economic indicators, and industry developments across all relevant sectors
- Financial Planning & Analysis
- Prepare annual budgets and multi-year financial forecasts for all family office holdings
- Conduct regular financial performance reviews and variance analysis
- Develop financial models to evaluate investment scenarios and strategic decisions
- Provide cash flow management and liquidity planning
- Prepare comprehensive financial reports and presentations for family members
- Ensure optimal tax efficiency across all investments in coordination with tax advisors
- Business Development & Opportunity Assessment
- Identify and evaluate new business opportunities aligned with family interests and investment criteria
- Conduct thorough due diligence on potential acquisitions, investments, and business ventures
- Negotiate investment terms and structure deals to protect family interests
- Build and maintain relationships with investment partners, brokers, and industry contacts
- Research emerging markets and industries for potential investment opportunities
- Assess competitive landscape and market positioning of existing holdings
- Strategic Business Management
- Provide strategic oversight and guidance to management teams of family-owned businesses
- Monitor operational performance and identify improvement opportunities
- Participate in major business decisions affecting family holdings
- Support succession planning and organizational development initiatives
- Facilitate coordination and synergies between different family business interests
- Advise on strategic initiatives including expansion, restructuring, or divestment
- Stakeholder Management & Advisory
- Serve as primary financial and strategic advisor to senior family members
- Present investment recommendations and strategic proposals clearly and persuasively
- Provide regular updates on portfolio performance and market conditions
- Facilitate family discussions on investment strategy and financial goals
- Coordinate with external advisors including attorneys, accountants, and consultants
- Maintain strict confidentiality regarding family financial matters
- Risk Management & Compliance
- Identify, assess, and mitigate investment and operational risks across all holdings
- Ensure compliance with relevant regulations and reporting requirements
- Implement appropriate governance structures for family investments
- Monitor and manage exposure across different asset classes and industries
- Maintain appropriate insurance coverage for all investments
- Staff & Process Management
- Supervise and mentor a team of staff, guiding and overseeing day-to-day tasks to ensure operational efficiency and data accuracy
- Establish effective workflows and implement robust processes and systems tailored to support the group's diverse operations
- Ensure consistent compliance and adherence to established processes and systems across all operations
- Implement and support the use of appropriate tools and software for improved efficiency