Tamil Nadu Working Womens Hostels Corporation LTD(TNWWHCL) - Staff Recruitment - Chief Executive Officer - Last date - 17.08.2023

Tamil Nadu Working Womens Hostels Corporation LTD(TNWWHCL) - Staff Recruitment - Chief Executive Officer - Last date - 17.08.2023

The Government has established a Special Purpose Vehicle (SPV), under the Department of Social Welfare, exclusively for developing affordable Hostels/ accommodation for working women, senior citizens, etc, incorporated as Tamil Nadu Working Women Hostels Corporation Limited (TNWWHCL) under the Companies Act of 2013, on 6th February 2020.

The mandate of the Corporation is to develop new and upgrade existing working women hostels for women from all sections of society and operate them in a professional manner.

Currently there is an immediate need to fill up the vacancy for the following posts at TNWWHCL in Chennai.

Personal at Tamil Nadu Working WOmens Hostels CorporationPosition and Qualification 1. Chief Executive Officer: (1)

Qualification and Experience: The Chief Executive Officer should be a Person, having any degree/ master’s with at least minimum 15 years of experience in Hospitality (preferably in operations and running out hostels). He/She should possess efficient communication skills and good command over English and Tamil and should lead the operations team No.of Vacancies: 1 I. Chief Executive Officer Roles and Responsibilities

 Responsible for SPV Incorporation of company under Companies Act 2013.

Management of all activities of company, including appointment of Secretarial and Accounting services, CAG Auditor, Organizing Board meetings, preparing Circular Resolutions, etc with approval of the board and ensuring all compliances.

 Develop high quality business strategies and plans ensuring their alignment with shortterm and long-term objectives.

 Lead and motivate subordinates to advance employee engagement develop a high performing managerial team.

 Oversee all operations and business activities to ensure they produce the desired results and are consistent with the overall strategy and mission.

 Make high-quality investing decisions to advance the business and increase profits.  Enforce adherence to legal guidelines and in-house policies to maintain the company’s legality and business ethics.

 Review financial and non-financial reports to devise solutions or improvements.

 Build trust relations with key partners and stakeholders and act as a point of contact for important shareholders.

Supervisory Responsibilities:

 Oversees the ongoing operations of all divisions in the company.

 Manages and directs the company toward its primary goals and objectives.

 Oversees employment decisions at the executive level of the company.

 Leads a team of executives to consider major decisions including acquisitions, mergers, joint ventures, or large-scale expansion.

 Promotes communication and cooperation among divisions to create a spirit of unity in the organization. Duties/Responsibilities:

 Works with the board of directors and other executives to establish short-term objectives and long-range goals, and related plans and policies.

 Presents regular reports on the status of the company’s operations to the board of directors and to company staff.

 Oversees the organization’s financial structure, ensuring adequate and sound funding for the mission and goals of the company.

 Reviews the financial results of all operations, comparing them with the company’s objectives and taking appropriate measures to correct unsatisfactory performance and results.

 Ensures the company’s compliance with all applicable laws, rules, regulations, and standards.

 Negotiates with other companies regarding actions such as mergers, acquisitions, or joint ventures.

 Serves as the company’s representative to the board of directors, shareholders, employees, customers, the government, and the public.

 Performs other related duties to benefit the mission of the organization.

Required Skills/Abilities:

 Excellent managerial and financial skills and the ability to take leadership over any business operations area.

 Superlative communication skills, particularly the ability to communicate as a leader.

 Thorough understanding of management and financial practices in all areas and phases of business operations.

 Recruit talent to build, over time, a resilient and high-quality team.

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