Independent Board Chairperson - Durban Verfied

Salary Negotiable Durban, Kwazulu-Natal Durban, Kwazulu-Natal more than 14 days ago 27-06-2022 9:20:09 AM
22-08-2022 9:20:09 AM
Independent Board Chairperson (JB1978)
Durban
Market Related

Property acquisition and development company with vast portfolio of 36 prime business properties located throughout Southern Africa is recruiting an Independent Board Chairperson to be appointed for an indefinite term in accordance with memorandum of incorporation read together with Shareholders Agreement, and suitably qualified individuals are encouraged to apply.
The successful incumbent must provide independent oversight on the integrity of the annual financial statements and the effectiveness of the company’s overall strategy. The incumbent will be responsible for bringing board and governance skills and experience to the company.

Qualification and Skill Requirements:

A tertiary qualification (NQF level 7) and experience in one or more of the following fields:
Enterprise Risk Management
Financial Accounting and Management
Business Management and Administration
Legal
Property Evaluation, Acquisition and Disposal
Corporate Governance
Experience in strategic planning and execution.
Knowledge of contracting, negotiating, and change management
Skill in examining and re-engineering operations and procedures
Experience in formulating policy and developing and implementing new strategies and procedures
Ability to develop financial plans and manage resources
Ability to analyse and interpret financial data
Excellent verbal, written and interpersonal communication skills.

Competencies and Experience:
Relevant Qualification(s)
South African Resident
Board experience of at least three years

Key responsibilities:
Contributing actively to the board in giving firm strategic direction to the organisation, setting overall policy, defining goals, setting targets and evaluating performance
Setting the ethical tone for the board and the company
Providing overall leadership to the board
Formulating with the CEO and company secretary the yearly work plan for the board against agreed objectives and playing an active part in setting the agenda for board meetings
Presiding over board meetings and ensuring that time in meetings is used productively
Acting as the link between the board and management and particularly between the board and the CEO
Ensuring that complete, timely, relevant, accurate, honest and accessible information is placed before the board to enable directors to reach an informed decision
Monitoring how the board works together and how individual directors perform and interact at meetings
Ensuring that good relations are maintained with the company’s major shareholders and its strategic stakeholders and presiding over shareholders meetings
To oversee the annual performance evaluation of the board and sub committees
Ensuring that governance is effective and in line with relevant legislations
Ensuring the financial stability
Sufficiently prepare and attend board meetings and conduct research to assess the issues for discussion
Identifying and handling any conflict of interest in accordance with current policies and declaring any personal interested that might conflict with aims or activities
Providing the appropriate level of board oversight and guidance to the financial and operational activities of the company