Position Summary: Vice President of Business Optimization at The Fedcap Group
Overview: The Fedcap Group is seeking a dynamic Vice President of Business Optimization. This senior role is central to TFG's strategy, focusing on driving efficiency and innovation to significantly enhance profitability, competitiveness, and organizational growth. The VP of Business Optimization will lead in streamlining business processes, reducing costs, and boosting overall performance, requiring a strategic visionary adept at analyzing and improving complex business operations.
Responsibilities:
1. Strategic Planning and Implementation: Craft and execute strategies for process improvement, operational excellence, and business transformation.
2. Performance Analysis: Evaluate business processes and systems for inefficiencies and potential enhancements.
3. Leadership and Team Management: Build and guide a team specializing in process optimization, aligned with TFG's strategic objectives.
4. Collaboration and Communication: Work closely with department heads to integrate optimization strategies throughout all business units and corporate services.
5. Technology Integration: Recommend and supervise the adoption of advanced technologies to enhance operations and productivity.
6. Cost Management: Lead efforts to cut operational costs while maintaining or improving quality and productivity.
7. Change Management: Manage change initiatives, ensuring effective transitions with minimal disruptions.
8. Reporting and Compliance: Guarantee that all initiatives adhere to relevant laws, regulations, and best practices.
9. Strategic Growth Initiatives: Play a key role in strategic initiatives, such as mergers and acquisitions or market expansion, by providing operational insights and support.
10. Knowledge Sharing and Training: Foster a culture of continuous improvement by implementing training programs and knowledge-sharing initiatives among team members.
Goals: Immediate goals required to support TFG's financial growth from $385 million to $1 billion.
· Enhance Operational Efficiency: Pursue process time reductions, increased throughput, automation of repetitive tasks, reduce wasted time, and efforts.
· Increase Profit Margins: Aim to enhance the organization's profit margins by optimizing resource allocation and streamlining workflows, reduce costs while improving performance.
· Implement Advanced Technologies: Successfully integrate specific new technologies or systems within a set timeframe to increase efficiency and productivity. Introduce new methods, practices, and systems that reduce turnaround time.
· Enhance Competitive Advantage: Develop and implement strategies that provide a measurable competitive edge in the market, such as faster delivery, higher product quality, efficient workflows, improved processes, and controls.
Qualifications:
- Master’s degree in Business Administration, Operations Management, or related field.
- At least 10 years of senior management experience, preferably in Business Optimization or process improvement.
- Demonstrated success in implementing business process improvements.
- Strong analytical, problem-solving, and decision-making abilities.
- Exceptional leadership, team management, communication, and interpersonal skills.
Additional Responsibilities:
- Create process documentation, flowcharts, maps, and diagrams.
- Support cross-functional activities and working sessions during project design and implementation phases.
- Play a key role in enhancing the financial performance of Business functions.
Offer: TFG offers a competitive salary and benefits package. This position is a unique opportunity to shape the future of TFG, contributing to its growth and impact on individuals facing economic barriers.
Application: For more information about The Fedcap Group and to apply, please visit www.fedcap.org.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Parental leave
- Vision insurance
Schedule:
- 8 hour shift
- No weekends
Work Location: Remote