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A leading company in residential condominium development is seeking a Chief Operating Officer (COO) to lead operational management and ensure organizational efficiency. The COO will enhance operational effectiveness, align corporate goals with strategies, and interact across all company levels to drive performance. Candidates should possess extensive managerial experience and strong leadership skills.
Our client is a premier developer and builder of residential condominiums. With a portfolio of projects spanning 20 years, the company has enriched Toronto’s landscape with properties that resonate deeply with the city’s growing and diverse population. Over 5000 condominiums bear our client’s name in some of downtown Toronto’s most desirable neighbourhoods, including Yorkville, North Toronto, King West, Queen West, Lawrence Park, Liberty Village, St. Lawrence Market, Harbourfront, Mt. Pleasant Village, and others. Everyone of our client’scondominium communities strictly adheres to a philosophy of lasting value in architecture, interior design and materials. Guided by uncompromising integrity and a drive to deliver value to its customers,our clienthas earned a reputation for excellence and quality that has few peers in its sector.
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Scope of Position
Our clientcontinues to grow with larger, more innovative and ambitious projects on the horizon. Ensuring thatour clientis organized in a fashion to successfully scale to such lofty heights is the role of the Chief Operating Officer (COO).
Reporting to the CEO, the COO is responsible for organizing, integrating and effectively managing all day to day company operations. This will involve aligning processes, systems and people to ensure that the organization meets its objectives for efficiency and profitability. The COO will play a key role in ensuring that the multitude of stakeholders, issues and requisite details surrounding a complex business of this nature are addressed to the satisfaction of all. The position interacts with all levels of the organization as well as with various outside parties to ensure the smooth operation of the company.
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Functional Tasks
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Key Performance Deliverables
In light of the identified responsibilities, the following are specific deliverables that the position is designed to achieve.
Key performance measures will beagreed upon with the CEO prior to joining the organization.
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Competency Profile
The following competencies listed below define the role of Chief Operating Officer atour client–
Commercial Acumen
Applies appropriate commercial and financial principles. Understands situations in terms of costs, profits, added-value and return on investment. Appreciates the commercial impact of own work on the organization’s total expenses and revenues.
Problem Solving
Draws parallels across situations and contexts. Divides problems into their individual elements. Develops several explanations or alternatives. Separates the core of a problem from its symptoms and can identify cause and effect.
Information Seeking
Consults widely for business or technical advice, probes for facts and obtains information from a wide variety of sources. Differentiates the critical from the irrelevant or trivial.
Industry & Market Awareness
Seeks to anticipate and respond to industry and market changes/challenges by understanding key characteristics, issues and the factors driving them. Aware of competitor’s products, services and position.
Planning & Objective Setting
Systematic in approach to work. Produces action plans in which objectives are defined and steps for achieving them are clearly specified. Plans by breaking down large task into subtasks. Develops plans that anticipate obstacles. Is realistic about time-scales and builds in appropriate checkpoints, milestones and controls in order to ensure that desired results are realized.
Initiative
Proactive. Seizes opportunities and acts upon them immediately. Takes responsibility for own actions and addresses problems before asked.
Results Orientation
Focuses strongly on achieving agreed upon outcomes and ensures that key objectives are met. Conveys a sense of urgency and drives issues to closure. Aims to improve upon past performance. Establishes aggressive personal targets and strives to achieve them.
Team Skills
Helps to create a sense of team spirit and harmonious relations through cooperation and support. Balances personal goals with those of the team. Fosters collaboration among team members.
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Preferred Experience / Education
The following indicates specific industry, academic and functional experience/qualifications that are important to the successful achievement of the identified responsibilities and performance deliverables.