Magnum MI Steel - Chief Executive Officer

Job Description:

Company Profile:

The MAGNUM MI STEEL PVT. LTD. Company was founded in 2002 as Magnum Strips & Tubes Pvt. Ltd. based in Gurgaon. We have 6 Plants in total at:

- Gurugram (Head Office),

- Bawal (Rewari) - 3 Nos,

- Gujarat - Kadi and

- Andhra Pradesh - Sricity

Since then we have made rapid strides in the two-wheeler and four-wheeler market by establishing ourselves as a premier supplier of mild-steel (carbon steel) and stainless steel tubes manufactured using ERW (Electric Resistance Welding) technology. We also have steel processing (Slitting and CTL) facility.

In 2011, Magnum entered into a Joint Venture with Marubeni-Itochu Steel of Japan under the name of Magnum MI Steel Pvt. Ltd.

Product Lines:

- Coil Processing

- Precision Steel Tubes

- Press Part

- Welding/Assembly

- Powder Coating

Job Summary:

We are seeking a dynamic and results-oriented Chief Executive Officer to lead Magnum MI Steel Pvt. Ltd. into a new era of growth and success. The CEO will be responsible for the overall strategic direction, operational excellence, and financial performance of the company. This role requires a visionary leader with a proven track record of success in the sheet metal/steel fabrication industry.

Key Responsibilities:

1) Strategic Leadership:

- Develop and execute a comprehensive strategic plan aligned with the company's mission and vision.

- Identify and capitalize on new market opportunities and emerging trends in the sheet metal/steel fabrication industry.

- Conduct market research and competitive analysis to inform strategic decision-making.

- Oversee the development and implementation of business plans for new products and services.

2) Operational Excellence:

- Streamline operations and improve efficiency across all departments, including production, sales, marketing, and finance.

- Oversee the procurement and management of raw materials and inventory.

- Ensure compliance with all relevant safety, quality, and environmental regulations.

- Drive continuous improvement initiatives to enhance productivity and reduce costs.

3) Financial Performance:

- Develop and manage the company's annual budget and financial forecasts.

- Monitor key financial performance indicators (KPIs) and take corrective action as needed.

- Explore and pursue strategic partnerships and alliances to enhance the company's competitive advantage.

- Oversee fundraising activities and investor relations (if applicable).

4) Team Leadership:

- Build, motivate, and lead a high-performing leadership team.

- Foster a positive and inclusive work environment that encourages employee engagement and development.

- Identify and develop key talent within the organization.

- Represent the company at industry events and conferences.

5) Sales & Marketing:

- Develop and implement effective sales and marketing strategies to drive revenue growth.

- Build and maintain strong relationships with key customers and suppliers.

- Expand the company's market reach through new channels and partnerships.

- Ability to thrive in a fast-paced and challenging environment.

- Proficiency in relevant software applications (e.g., ERP systems, CRM software).

Qualifications:

- Bachelor's degree in Engineering, Business Administration, or a related field.

- MBA or other relevant advanced degree preferred.

- 10+ years of experience in senior leadership roles within the Sheet Metal/Steel fabrication industry.