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 Job Specification - Position: Chief Operating Officer (COO)

JOB ID:

  477
 Date posted:
 10/02/2010
  
 

Vacancy:

 Chief Operating Officer (COO)

Work Type:

 Permanent
Sector:
 Accounting and Auditing Services 

Location:

 South East England
When Required:
 Immediate 

Business Description:

  According to a report by McKinsey, the global market for “innovative solutions to cut energy consumption or improve conversion efficiency are projected to generate annual revenues of €2,140 billion by 2020”. IP Green Technologies commercially develops proven ‘green’ innovations which improve energy efficiency, reduce waste and greenhouse gases or decrease dependency on fossil fuels.

The team of experienced Industry Directors at IP Green Technologies forge trade partnerships between small innovative companies and major corporations (trade partners) which market the innovations to their large customer bases. Green technologies encompassing innovative new technologies which have reached the stage where they are proven and ready for commercial development in the following sectors:
  • Energy efficiency in the building sector e.g. building automation, smart meters.
  • Water, waste and recycling
  • Energy storage technologies
  • Power generation – e.g. solar power, wind power, biofuels
  • Carbon capture and storage

Role Description:

 The COO at IP Green Technologies undertakes the following:
  •  Input into the strategy for IP Green Technologies and each of its 5 innovative companies.
  • Represents IP Green Technologies on the Boards of its 5 innovative companies ensuring that:
    •  They efficiently supply their innovative products to IP Green Technologies.
    •  They have optimum human and financial resources to meet the requirements of IP Green Technologies.
    •  Manage the equity stakes that IP Green Technologies accumulates in each innovative company.
  • Establish operational processes and further process improvement
  • Direct company operations and manage its finances in order to meet budget and other financial goals.
  • Direct short-term and long-range planning and budget development to support strategic business goals.
  • Establish the performance goals, reporting systems, allocate resources, and assess policies for senior management.
  • Special projects such as the identification of new innovative companies and equity funding sources.
  • Demonstrate successful execution of business strategies for company products and services.
  • Participate in investment raising and investor relations.
  • The COO reports to the CEO of IP Green Technologies and has parallel accountability to the COO of IP Group.

Experience &
Skills Required:

 The individual should ideally have the following: -
  • Main board or subsidiary Board experience.
  • Solid working knowledge of budgeting, sales, business development, project management and strategic planning.
  • Experience as a COO or equivalent with a range of different companies.
  • Accountancy and financial management experience and qualifications.
  • Experience of investing in and working with small innovative companies.
Remuneration comprises a day rate of £800 per day payable for work where the company already has funding in place or £1,200/day (day rate + 50%) for work where payment is delayed to match funding. The role involves 3 days per week at the outset rising to full time over 6 months.

The individual can also earn a share of the equity that IP Green Technologies accumulates in each of the 5 innovative companies There is the opportunity to invest in the rapid growth of IP Green Technologies on preferential terms ahead of other investors. Shareholders receive quarterly dividends as well as multiple partial exit opportunities.

If you would like to receive the detailed Investment memorandum please let me know - martin@matureaccountants.com

Business Type:

  Green Technology investor
Salary:
 £800 to £1,200 a day
Benefits:
 Equity Stake

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