COO Job Description Sample - Free Template for 2020
A COO or Chief Operating Officer is a professional who focuses on the operating performance of a business. This constitutes the efficiency of the workplace, the human resources department, finance department, legal operations, and other key supporting groups and functions of the organization.
The COO position is demanding as it requires leadership and management experience to be continuously applied to key functions and groups of the business. As a top executive of the company, the business strategy is often set by the Chief Executive Officer (CEO) but deployed into the company by the COO role. The COO works closely with all members of management and the senior management team to ensure conservative guidance is being followed and comprehensive goals are being achieved.
Chief Operating Officer Job Description
Below is a sample COO job description:
Our team is seeking a member of the executive staff to facilitate and oversee the daily operations of our business. From assisting with the business strategy to ensuring operations of the business are efficient, compliant, and operating within legal guidelines. The COO job requires someone who has the ability to oversee our company culture and staff as well as work with leadership to determine the business needs. We are seeking someone who has previous experience in the Chief Operating Officer position and has a strong track record of driving success of the job.
Chief Operating Officer Duties and Responsibilities
Qualified candidates and senior leadership team members should be able to provide the following COO responsibilities:
- Meet with the Chief Executive team regularly to decide on business strategy, cadence, conservative guidance, and more.
- Meet with investors both private and public to manage expectations of the business outcomes.
- Oversee company culture and culture development within the workplace to ensure each employee is working at their fullest potential and within the company handbook.
- Decipher strategy of the operations, company, and more.
- Oversee regular business operations like finance, legal, compliance, and more.
- Perform quarterly and annual strategic planning for the business.
- Ensure customer satisfaction of all products and services.
- Ensure the financial management of the business is being performed correctly by overseeing the finance department. This includes debts, cash flow, investment, human resources, payroll, and more.
- Ensure general business administration is being performed by all departments.
- Meet with all Vice President staff members to ensure efficient operations and the health of the organization’s ongoing operations.
- Be a member of the executive staff and operate with a world-class nature.
- Oversee daily operations.
Chief Operating Officer Requirements
COO candidates who are applying for this leadership team position should have the following:
- Bachelor’s Degree and/or MBA in Business Administration or other related field.
- As an experienced chief operating officer, you should have a diverse business operation background.
- Previous experience being part of an executive team.
- Extensive experience overseeing operations of a business.
- A strong track record of results.
- Ability to work closely with the Chief Financial Officer and Chief Executive Officer.
Using Your Template
Follow these instructions to use your new job description template
- Step one: Fill out all details in your job description template using the provided sample on this page.
- Step two: Customize your requirements or duties to anything special to your workplace. Be sure to speak with team members and managers to gauge what's required of the position.
- Step three: When the census of the team has agreed on the description of the work, add in a Equal Employment Opportunity statement to the bottom of your job description.
- Step four: Check with your legal department, management team, and other team members to ensure the job description looks correct before creating a job advertisement. Choose a job board that's specific to your needs.
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