Chief Commercial Officer

Posted Yesterday
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Riyadh, SAU
In-Office
Expert/Leader
Professional Services • Consulting
The Role
Lead and coordinate commercial strategy across a holding company's subsidiaries, driving brand management, market analysis, campaign execution, market expansion, customer experience, performance measurement, stakeholder relations, budgeting, talent development, risk and compliance to maximize commercial impact and ROI.
Summary Generated by Built In
On Behalf of Our Clint , we are looking for a Chief Commercial Officer

Job Summary : 

The Chief Commercial Officer (CCO) holds a multifaceted role central to the organization's success. The CCO's primary purpose is to strategically lead and coordinate Commercial efforts across the conglomerate's diverse portfolio of subsidiaries. The CCO is tasked with developing comprehensive Commercial strategies tailored to each business unit's unique needs and market dynamics.


 Responsibilities 

  • Strategic Planning: The CCO is accountable for developing and implementing comprehensive
    Commercial strategies aligned with the overarching goals of the holding company. This includes identifying market opportunities, defining target audiences, and setting clear objectives for each business unit.
  • Brand Management: Maintaining brand consistency and integrity across all subsidiaries is paramount. The CCO oversees brand development initiatives, ensures adherence to brand guidelines, and implements strategies to enhance brand awareness and equity.
  • Market Analysis and Insights: The CCO is responsible for conducting thorough market research
    and analysis to identify emerging trends, consumer preferences, and competitive landscapes.
    They utilize these insights to inform decision-making and guide strategic initiatives.
  • Campaign Execution: The CCO leads the planning, execution, and optimization of Commercial
    campaigns across multiple channels and platforms. This includes advertising, digital Commercial, social media, public relations, and experiential Commercial efforts.
  • Market Expansion: The CCO is responsible for identifying and pursuing opportunities for market
    expansion and diversification. This involves evaluating potential new markets, assessing market entry strategies, and guiding subsidiary Commercial teams in executing expansion initiatives effectively.
  • Customer Experience (CX) Management: Ensuring a positive and consistent customer
    experience across all touchpoints is essential for building brand loyalty and driving customer satisfaction. The CCO oversees initiatives to enhance the customer journey, optimize customer interactions, and cultivate long-term relationships with customers.
  • Performance Measurement: Establishing key performance indicators (KPIs) and metrics is crucial
    for evaluating the effectiveness of Commercial initiatives. The CCO tracks and analyses campaign performance data to assess ROI, identify areas for improvement, and optimize Commercial strategies accordingly.
  • Stakeholder Management: Building and maintaining strong relationships with internal and
    external stakeholders is essential. The CCO collaborates closely with subsidiary leaders, cross functional
    teams, vendors, agencies, and industry partners to ensure alignment and maximize resources.
  • Innovation and Adaptation: The CCO is accountable for fostering a culture of innovation within
    the Commercial function. This involves exploring new technologies, trends, and approaches to
    stay ahead of the competition and drive continuous improvement.
  • Budget Management: Responsible for allocating and managing Commercial budgets effectively,
    the CCO ensures that resources are allocated strategically to achieve maximum impact and ROI across all subsidiaries.
  • Talent Development: Building a high-performing Commercial team capable of executing the
    company's strategic vision is a key accountability for the CCO. This involves recruiting top talent,
    providing ongoing training and development opportunities, fostering a collaborative and
    innovative work culture, and empowering team members to excel in their roles.
  • Risk Management: Assessing and mitigating Commercial-related risks is crucial for safeguarding
    the reputation and financial stability of the holding company and its subsidiaries. The CCO collaborates with legal and compliance teams to ensure that Commercial activities adhere to relevant regulations and mitigate potential risks associated with brand reputation, data privacy,and compliance.
  • Compliance and Ethics: Upholding ethical standards and compliance with regulatory requirements in all Commercial activities is a critical accountability for the CCO. They ensure that Commercial efforts are conducted ethically, transparently, and in accordance with legal and industry standards.


Requirements

Minimum Qualifications:

  • University Degree in Business Administration (or any other relevant degree).
  •  Fully qualified Commercial, sales, and/or business development professional.
  • MBA or equivalent post-graduate degree from an internationally recognized business school.
  • Attendance of post-graduate executive programs in relevant areas.

Minimum Experience:

  • 10 years in Commercial, sales, and/or business development
  • 5 years’ management experience in business functional area.
  • Experience of managing relationships with local and international investors and institutions

Job-Specific Skills:

  •  Industry knowledge: Knowledge of the industry in which the investment holding company
          operates, including market trends, competitors, and regulatory issues.
  • Strategic thinking: The ability to think strategically and provide strategic market advice to senior management and investors.
  • Communication skills: Excellent communication skills, both verbal and written.

Skills Required

  • University degree in Business Administration or relevant field
  • Fully qualified commercial, sales, and/or business development professional
  • MBA or equivalent post-graduate degree from an internationally recognized business school
  • Attendance of post-graduate executive programs in relevant areas
  • 10 years in commercial, sales, and/or business development
  • 5 years management experience in a business functional area
  • Experience managing relationships with local and international investors and institutions
  • Industry knowledge of the holding company's sectors, market trends, competitors, and regulation
  • Strategic thinking and ability to advise senior management and investors
  • Excellent verbal and written communication skills
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The Company
125 Employees

What We Do

Areeb is a specialized provider of comprehensive human resources solutions in Saudi Arabia. The company focuses on bridging the gap between job seekers and organizations through services such as staffing, executive search, and HR process outsourcing. Committed to empowering Saudi human capital, Areeb aims to improve the quality of human resources solutions while adhering to the objectives of the Saudi 2030 Vision.

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