Chief Operations Officer - Pharmaceutical at DynamicPlus Advisory

Job Summary

• The COO shall be accountable for the leadership, management, and vision necessary to ensure that the company has the proper operational controls, administrative and reporting procedures, and people and process systems in place to see to business profitability and increase in shareholders’ and stakeholders' value.
• Reporting to the Managing Director

Principal Duties and Responsibilities

• Strategic Planning: Collaborate with the Managing Director and other executive team members to develop and implement strategic plans and initiatives that align with the company's goals and objectives.
• Operations Management: Oversee all operational activities, including manufacturing, supply chain, quality assurance, distribution, and logistics, to ensure seamless execution of business operations.
• Quality Assurance: Establish and maintain high-quality standards throughout the organization, ensuring compliance with regulatory requirements and industry best practices.
• Supply Chain Management: Develop and implement robust supply chain strategies to optimize inventory management, procurement processes, and distribution channels.
• Manufacturing Excellence: Drive continuous improvement in manufacturing processes, technologies, and capabilities to enhance efficiency, reduce costs, and increase production capacity.
• Financial Management: Work closely with the finance department to develop budgets, monitor financial performance, and identify opportunities for cost optimization and revenue growth.
• Risk Management: Identify potential risks and challenges in operations and develop mitigation strategies to safeguard business continuity and minimize disruptions.
• Regulatory Compliance: Ensure compliance with all applicable regulatory standards and other industry-specific requirements.
• Talent Development: Develop, and mentor a high-performing operations team, fostering a culture of collaboration, innovation, and continuous learning.
• Stakeholder Management: Build and maintain strong relationships with key stakeholders, including customers, suppliers, regulatory agencies, and industry partners, to drive business growth and sustainability.
• Performance Monitoring: Implement key performance indicators (KPIs) and performance metrics to monitor operational performance, track progress against targets, and drive accountability.
• Technology Integration: Leverage technology and digital solutions to streamline operations, enhance productivity, and drive innovation across the organization.

Leadership:
TheCOOwill provide cross-functional, strategic leadership for the operation of key business functions, including but not limited to:

• Business Planning
• Manufacturing & Supply Chain
• Quality & Regulatory Affairs
• Customer Services
• Process Improvement & Operational Excellence
• Compliance
• IT Systems
• HR & Associated HSE
• Finance, sales and marketing

Educational and Professional Qualification

• Bachelor’s degree in pharmacy, Business Administration, or a related field
• MBA is an added advantage
• Possess other relevant professional affiliations and certifications
• At least 10+ years’ proven track record in Executive leadership positions in the Pharma space

Competency and Skill Required:

• Proven experience in a senior leadership role within the pharmaceutical industry, with a strong track record of driving operational excellence and delivering results.
• In-depth knowledge of pharmaceutical manufacturing processes, quality assurance standards, supply chain management, and regulatory requirements.
• Strong strategic planning and business acumen, with the ability to develop and execute effective operational strategies that drive business growth and profitability.
• Excellent leadership and management skills, with the ability to inspire and motivate teams, foster collaboration, and drive performance excellence.
• Exceptional communication and interpersonal skills, with the ability to build and maintain strong relationships with internal and external stakeholders.
• Analytical mindset, with the ability to analyze complex data, identify trends and insights, and make data-driven decisions.
• Strong problem-solving and decision-making skills, with the ability to navigate challenges and drive continuous improvement.
• Proficiency in technology and digital tools, with a keen interest in leveraging innovation to drive operational efficiency and business transformation.
• Adept at Business Process improvement
• Possess strong financial acumen.