Different Types of Positions or Jobs for Executives
If you are inclined to do a job associated with business and you want to build a career in this industry, you need to be specific in reaching your goals. Experience, college degree and service are not enough in qualifying for the most executive positions. Choosing the job descriptions and responsibilities you want will be beneficial in determining the position you would want to get into and the ways on how to get there.
There are actually various types of executive jobs corresponding with the duties, obligations and tasks related to business operation in Ottawa. Below are the types included in the list with information on how to sell a business available at websites like one on business for sale Ottawa.
Chief Executive Officer (CEO) or President
President or CEO serves as the top job at many organizations. The person holding this position is usually the owner of the company. CEOs are equipped with product knowledge and establish the enterprise. They usually focus on sales and product development and with recruiting expertise to manage marketing, human resources and finance. Oftentimes, they are the ones who oversee the executive team in hiring experts in specific fields. Many of them earned an advance degree in administration or finance and level up to the management ranks.
Vice President, Director or Chief
The titled of director or vice president may be vested upon department heads. You can always be promoted to an executive position when you started as a coordinator then to a managerial position. Directors are often seen in the public relations, IT, sales, human resources, advertising, finance, and marketing departments. Sometimes, these executive positions have a title of “chief.”
Chief Financial Officer (CFO)
CFOs are tasked to manage the fiscal operations of the organisations. They set budgets, analyse profit margins and prices; manage investments; handle staff performing accounting and bookkeeping tasks; oversee tax issues; control costs; and set budgets. They also extend quarterly help in projects and year-end revenues, profits, losses and expenses. They usually earned finance or accounting degree, and may be certified public accountant degree holders.
Chief Operating Officer (COO)
COOs are considered as the hands-on administrators working closely with every department of an organisation for corporate profitability. They audit and approve operating plans and departmental budgets with their expertise in assessing and making suggestions for better executive management performance. They may have little or no product knowledge since they are responsible in operating the company without increasing sales or market share.
A lot of not-for-profit organizations refer to their top position the title of an executive director. Executive directors, whether a for-profit or non-profit business, usually serve a board of directors in their respective organization. They most likely perform similar functions with the CEO or president with the approval for big projects from the corporate board.
These are some of the options fronting you should you want to pursue a career in business leadership in Ottawa. Always remember to determine your field of expertise first so you will be able to reach your goal.