• Jobs at Obafemi Awolowo University Investment Company

  • Posted on: 22 March, 2011 Deadline: 5 April, 2011
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    The Managing Director is the head of the executive team and manages the day-to-day operations of the organization, its people and resources, The Managing Director is a top-tier who performs the following responsibilities: 
                    (i)           Implements the Board's strategy and ensures that the organisation's structure 
    and processes meet the strategic and cultural needs of the organization; 
                    (ii)          Reports to the Board of Directors; 
                    (iii)         Provides leadership and directions to Management and staff; 
                    (iv)         Ensures that Directors are provided with accurate and clear information In a timely Manner to promote effective decision making by the Board; 
                    (v)          Develops and recommends business plans for the Board's consideration; 
                    (vi)         Submits reports, budgets and financial statements to the Board; 
                    (vii)        Maintains awareness of the business, economic and political environment as it affects the organization 
                    (viii)       Creates annual operating plans that supports strategic directions set by the Board ensuring that they correlate with annual operating budgets and, submits annual plans to the Board for approval. 
                    (ix)         Collaborates with the Board to define and articulate the organization's vision and to develop strategies for achieving that vision, 
                    (x)          Develops and monitors strategies for ensuring the long-term finance Viability of the organization. 
                    (xi)         Promotes a culture that reflects the organisation's values and encourage good performance rewards based on productivity, 
    Professional and other qualifications:
    The Managing Director must be aged between forty and fifty years and must have a minimum of a Master Degree in Business Administration (MBA), The applicant must 
    -Have a minimum of ten years cognate experience in business management, at least five of which must have been at senior managerial level with a reputable business organisation.  
    -Possess the ability to supervise and inspire line managers and staff in the diverse commercial ventures under the company.  
    -Be versatile in IT and information management techniques, budget and budgeting, financial and, accounting principles and practices, 


    The Conference Centre and Guest Houses Limited is the hotel business of the Obafemi Awolowo University Investment Company Limited. 
    The Manager will supervise and manage the day-to-day activities of a group of hotels which has its headquarters in Ile-Ife and branches at Abuja and Lagos.  
    The ideal candidate for this position should have at least a Bachelor's degree or HND preferably in Catering/Hotel Management. (An MBA will be an added advantage). He must have at least 15 years experience in the hospitality business, 5 of which must be at management level. He should be between 40-55 years of age. 


    ILe-Ife,  Lagos,  Abuja 
    The ideal candidates for these positions should have at least HND or B.Sc. in Hotel and Catering Management with not less than ten years experience in the hospitality business, 5 of which must be at supervisory level. They should be between 35-45 years of age.

    Salary Package 

    The Salary package is negotiable. However, it is comparable to what obtains in the organised private sector. It will include an official car and on campus accommodation for the Managing Director and other allowances appropriate to each post There will be opportunity for advancement based on achievements and successes. 

    Application Procedure 

    Interested applicants must submit a hard and soft copy of their full application which must include a letter indicating interest, experience and strength as it relates to the position, current curriculum vitae, photocopy of all academic and relevant qualifications, names and addresses of three referees. 
    Applications are to be sent in sealed envelopes marked at the right hand corner with the letters "OAU Investment Company' within two weeks of this advertisement 

    The Chairman 
    Obafemi Awolowo University 
    Investment Company Limited (OAUILC) 
    UTILITY Block L. 
    Obafemi Awolowo University, IIe-lfe. 

    NB: All three referees must forward their references directly to the Chairman, OAUICL in sealed envelope marked in the right hand corner with the letters: "OAU INVESTMENT COMPANY".
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