List of responsibilities of the commercial director
A commercial director is a top manager who is responsible for building a system for continuously generating financial flow into the company. We have studied published vacancies and compiled a list of the most common requirements for this position. Here's what a commercial director does according to employers:
- Development of a company development strategy - this includes analysis of the market, competitors, sales and other information about the economic and other activities of the enterprise.
- Analysis of the operating situation in the company - find out where there are failures, prevent potential threats and accidents that could lead to a decrease in cash flow.
- Budgeting - controlling expenses and income, assessing the effectiveness of spending.
- Control of financial indicators and management decisions at the executive level.
- Development of a plan for economic and production activities.
- Building marketing and sales systems in the company.
The activities of a commercial director are often synonymous with the work of a general director - in fact, now this is the second person of the company, his deputy, ready to take over responsibilities if the main unit fails.
Pay attention to the field of activity of the company in which you plan to join as a commercial director - now employers require the top to have minimum experience in retail, IT or other segments, if they are looking for such a specialist.
https://youtu.be/PW9OH9Q27No
Explanations for instructions
An instruction is an important document that regulates the activities of the head of an enterprise.
Important! Detailed duties of the director, his rights and responsibilities serve as a guarantee of the absence of conflict situations in controversial issues.
The instructions do not have a clearly established form or regulated content. The drafters of the document rely on qualification reference books and standard samples. Each organization can draw up its own instructions, corresponding to the specifics of its structure and area of activity.
The given sample consists of 4 parts; if necessary, the number of sections is increased.
Part 1
It’s called “General Provisions” and includes clearly defined requirements for a candidate for the position:
- The level of education.
- Leadership experience.
- Knowledge, theoretical and practical.
Knowledge includes familiarity with labor regulations, financial literacy, management, and other aspects of information required for a leadership position.
Part 2
This section clearly and comprehensively formulates all aspects of performing the manager’s functions. The lists may be different for each enterprise, but all likely areas of application of the director’s efforts should be covered.
It is important! The director makes decisions for which he bears full responsibility before the law and the founder.
Its activities are aimed, first of all, at organizing production that will produce competitive goods that are in demand among consumers and that meet domestic and world standards.
In addition, the director is responsible for fulfilling obligations to:
- Federal budget.
- Suppliers and customers.
- Lending organizations.
Therefore, it is important to correctly determine the scope of its activities and regulate it with appropriate responsibilities and rights.
Part 3
The director is vested with rights and powers that allow him to fully perform representative and leadership functions.
How is a commercial director different from a sales director?
Both in resumes and in vacancies you can now find confusion. For example, the job description and responsibilities of a commercial director are different from a sales director, but some companies believe that they are literally the same thing. This is wrong:
- The commercial director is responsible for building the entire system, including sales.
- The Sales Director is a separate top unit of the company, which is responsible for closing deals, increasing LTV and developing a sales system.
Another misconception is to confuse commercial and financial directors. There is a difference in approach: if the first one deals with the completely commercial system of the enterprise, then the second one is responsible specifically for cash flows.
Standard sample job description
The technical director is a high-level specialist, endowed with an extensive list of responsibilities and rights. The specifics in this case depend on the specifics of the enterprise. Some skills will be relevant in an IT company, but completely different ones for a car service manager. The drafters of the instructions must take into account the needs of the enterprise, so any form must be adapted to suit their purposes. Correcting a ready-made template is much easier than writing your own instructions from scratch.
Download Job Description of Technical Director
Important skills to develop right now
If you are ready to potentially develop to the level of commercial director, then it is worth pursuing the necessary skills right now. Here is the competency map:
- Train in drawing up and implementing strategies for sales and marketing departments of companies at different levels.
- Manage sales departments - understand their goals, objectives, methods of long-term and operational control.
- Optimize business processes, set tasks for the implementation and improvement of CRM systems, understand the specifics of working with the IT department.
- Know the intricacies of compiling KPIs and remuneration systems.
- Understand HR - understand how the search, hiring, adaptation, training and motivation of personnel occurs.
- Understand how sales occur, how to look for new channels, how to work with existing databases.
The future commercial director will need to understand:
- Features of budgeting in commercial and government organizations.
- Subtleties of legal processes and contractual work.
- Processes of product movement both within the enterprise and after sale.
Main soft skills and side skills you can’t do without
It is now difficult to do without “soft skills” - this statement suits any top manager. We have already talked about the five main skills of the future, but this is not enough. Here are three more character traits that company leaders and founders recommend future top managers develop.
- General Director of CAF Group Natalya Ionova sees conventional “drive” as an excellent quality of a leader. The recommendation is to look for people who are passionate about something for management positions. And not necessarily just work, it is important that the employee, in principle, knows how to “get carried away” and “burn.”
- The Right Management portal states that an important leadership skill now is adaptability. This is the ability to adapt to changes, abruptly change direction, and understand how to flexibly and quickly transform the development strategy without losses for the company.
- Modern IT companies are focused on increasing the productivity of both teams and individuals. Try to study their methods - Agile, Scrum, Kanban. The head of Sberbank, German Gref, spoke positively about such systems.
Daily functions of the commercial director
Job descriptions for commercial directors of large companies usually consist of a huge list on several sheets. But there are functions that a top manager has to perform constantly:
- Negotiating - your opponents will be suppliers, buyers, potential partners and competitors. We recommend reading our material on developing business communications skills.
- Drawing up, monitoring and changing short-term strategies.
- Expansion of sales channels.
- Control of marketing and sales departments.
- Budgeting.
- Finding ways to reduce costs and increase company revenue.
Salary of a commercial director
According to a study by the portal trud.com, the average salary of a commercial director throughout Russia is 73,000-90,000 rubles. Keep in mind that we are talking only about vacancies with a specified salary and, as a rule, only the salary rate is taken into account.
The income of a commercial director usually includes several positions:
- "Fixed" salary.
- Bonuses based on the results of the quarter/year.
- Bonuses for achieving company KPIs.
- Dividends if there is a share in the company.
At the time of writing this article, you can find vacancies on the market for a commercial director in retail with a salary starting from 120,000 rubles, in the manufacturing segment with a salary starting from 150,000 rubles, in IT - from 250,000 rubles.
IV. Director's rights
The director of the enterprise has the right:
4.1. Represent the interests of the enterprise in relations with
individuals and legal entities, government bodies and
management.
4.2. To act on behalf of the company without a power of attorney.
4.3. Open current and other accounts in banking institutions.
4.4. Manage the funds and property of the enterprise in compliance with
requirements of relevant regulations, the charter of the enterprise.
4.5. Within the limits established by law, determine the volume and
composition constituting a trade secret.
4.6. Conclude employment contracts.
4.7. Issue powers of attorney to carry out civil transactions,
representation, etc.
4.8. ______________________________________________________________.
Bonus knowledge that will help you stand out among competitors
There are several other skills and competencies that will come in handy if you are planning to make a career leap within your company. Of course, it is better to check the final list with the general director, but this knowledge will definitely not be superfluous:
- Thoroughly understand the entire organizational structure of the company, understand the specifics of interaction between departments and different levels of departments.
- Know the legislative features with which the company operates.
- Be part of a team or understand big data analytics yourself, understand how the market behaves and what to expect from it in the short and long term.
- Have sources of information about other markets in which the company could potentially win or competitors could emerge.
- Understand the company's product range and sales features.
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Olesya (guest) [email protected] | |
And also, please tell me, is it necessary to approve the director’s job description? And if so, maybe someone has it, please send it to me by email... | |
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Lyudmila (guest) [email protected] | #2[3888] February 7, 2008, 19:27 |
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Olesya (guest) [email protected] | #3[3908] February 8, 2008, 9:25 |
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Iris [email protected] Belarus, Minsk Wrote 36 messages Write a private message Reputation: | #4[415299] May 18, 2013, 11:11 |
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A person without firm rules is almost always devoid of character: if he had character, he would feel how much he needs rules. (Chamfort) Iris [email protected] Belarus, Minsk Wrote 36 messages Write a private message Reputation: | #7[415329] May 18, 2013, 13:04 |
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