LABIDCO’S principal business is the promotion, development, and management of the La Brea Industrial Estate and associated maritime infrastructure facilities in support of energy sector development.
This position reports to the Board of Directors - LABIDCO and is responsible for providing visionary leadership to drive LABIDCO’s financial growth and operational excellence, ensuring alignment with its mission, goals, and strategic objectives.
Key Functions:
Strategically oversees the implementation and monitoring of port and estate operations to maximize revenue generation and cost efficiency.
Develops and executes aggressive profitability programs, identifying and capitalizing on high-value opportunities to increase shareholder returns.
Leads the formulation of fiscally responsible budgets, ensures rigorous financial discipline, and implements innovative strategies to drive sustained revenue growth.
Collaborates with the board of directors, senior management, and NGC Group executives to design and execute a strategic plan that prioritizes financial performance, enhances capital efficiency, and secures competitive advantages.
Establishes robust financial management systems to assess and mitigate risks, while fostering a results-driven, fiscally accountable organizational culture that consistently delivers superior financial outcomes.
Provides financial and/or operational data as appropriate for assimilation and for development of the Strategic Plan. Develops annual and longer-term objectives for the organisation.
Develops and implements strategies to minimize the impact of impairments on the company’s financial position and performance, including revaluation and asset management techniques.
Leads in the creation of budgets and forecasts, integrating the potential impact of impairment risks and accounting adjustments.
Leads in the design and maintenance of robust internal controls to identify, assess, and address risks related to financial reporting, including impairment risks.
Delivers the budget for the organisation and engages in continual improvement of the budgeting process for the company through education of department managers on budgetary issues impacting their budgets and ongoing departmental performance to the budget.
Reviews the operating results of the company, compares them to established objectives and takes steps to ensure that appropriate measures are taken to correct unsatisfactory results.
Develops and manages La Brea Industrial Estate and harbor operations to ensure sustainability and profitability.
Oversees the management of the estate and port to ensure optimum customer needs satisfaction, generates revenue and promotes sustainable growth. Identifies opportunities to develop new industrial estate products and services.
Develops and executes integrated Port & Marine initiatives to move the company along the port continuum to a desired state which includes Maritime, Terminal and Hinterland Operations and spectrum niche potentials in attracting new business, infrastructure utilization while building internal capacity for growth.
Leads in complex commercial discussions and negotiations for potential projects for business investments and new ventures to support the organization's strategy and industry direction, corporate goals and objectives.
Directs the logistics management for port operations by ensuring the effective and efficient delivery of operational services including cargo receiving, storage, delivery and marshalling. Ensures the effective and efficient management of port storage allocation for all cargo commodities.
Oversees the financial management of the company ensuring effective loan portfolio management, alignment of agreements with financial goals and effective board reporting.
Leads a team of professionals that are motivated and driven to execute and achieve objectives and produce results for goal achievement and business success. Ensures effective human systems are implemented to achieve maximum organisational effectiveness and organisation development.
Oversees a governance framework for the company and ensures an effective system for compliance with laws, regulations, governmental directives, shareholder agreements, and due diligence requirements. Evaluates all legal risk to the organisation and ensures that minimization initiatives are implemented to reduce risk.
The minimum requirements for the position are:
A First Degree in Management, Finance, Accounting or related field and Postgraduate Qualifications in Business Administration, or related discipline.
Certification in Port Management would be an asset.
A minimum of fifteen (15) years leadership experience. Experience in Port and Estate Management would be considered an asset.
Experience in manufacturing, oil and gas or the maritime industry would also be considered an asset.
Knowledge/Skills/Attributes:
Knowledge of Estate Management, Port Management, Logistics Management, Facilities Management, Asset Management Cargo Management, Logistics and Management, Community Relations Principles, Corporate Social Responsibility, Diversity Management, Corporate Stakeholder Engagement and Management, Communications and Consultations, Corporate Reputation Management.
Negotiation and Influence.
Stakeholder Relations
Relationship Management.
Communication (oral and written).
Results-driven, equally comfortable and experienced working strategically or operationally to drive continuous improvement and operational excellence.
Ability to develop and sustain a Company’s Corporate Mission, objectives, philosophy, culture, general management functions, organization structure and methods of operations.
Effective change facilitator who thinks innovatively and acts decisively, adapting positively to challenges.
Strong listening and analytical skills, able to absorb and interpret complex information.
Strong business acumen with a practical solution driven approach to industry challenges.
LABIDCO offers a competitive compensation package inclusive of Housing Allowance, Pension Benefits, Group Life Coverage, Computer and Education Loans.
The closing date for receipt of applications is 20th January 2025. Unsuitable applications will not be acknowledged.
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