CHIEF EXECUTIVE OFFICER

  

Location: KTVR Head Office

Closing Date: 2024-08-31

Job Type: Full Time

Salary: Patterson E3 / Global 16

This position advert is for internal and external candidates. 

Closing date for applications: 13 August 2024. 

Company profile 

 KTVR Bus Service is a company which was established in 2015 by Ekurhuleni Taxi Industry (ETI) for the purpose of providing and operating the Bus Rapid Transit (BRT) services which is known as the "Harambee" system for Phase 01 (Kempton Park, Tembisa, Vosloorus and Reiger-Park) in Ekurhuleni. 

KTVR seeks to employ a seasoned, ethical and inspiring Chief Executive Officer who will be responsible for making major corporate decisions, managing operations and resources and acting as the main point of communication between the Executive Chairman, board of directors and corporate operations. 

KPA 1: Organisation Leadership 

• • Participate in all Board and sub-Board Committees by presenting the company’s strategic focus and operational activities undertaken from time to time 
• • Lead the company in its relationships with shareholders, financial institutions and other interested parties; 
• • Effectively position the company with customers, funders and partners to facilitate growth. 

KPA 2: Good Governance 

▪ Chair EXCO and general company meetings. 

▪ Report to the Executive Chairman and ensure its effectiveness in all aspects of its role, including regularity and frequency of meetings. 

▪ Set the EXCO forward looking agenda, concentrating on strategic matters. 

▪ Assist the Executive Chairman to ensure that there is appropriate delegation of authority from the board to executive management. 

▪ Ensure that the executive team receives accurate, timely and clear information, including that on the company’s current performance; and is advised of all likely future developments and trends, to enable the board to take sound decisions, monitor effectively and provide advice to promote the success of the company. 

▪ Work with the board to allow enough time for discussion of complex or contentious issues. 

KPA 3: Strategic Management 

▪ Develop company objectives and strategy, taking into consideration the views of the shareholders, customers, and other stakeholders, ensuring the Vehicle Operating Company’s (VOC) long term sustainability. 

▪ Optimise as far as reasonably possible the use and adequacy of the company’s resources. 

▪ Present the company’s strategy and any successful achievements of its elements to the board. 

▪ Recommend the company’s annual budget and short term (three years or so) financial plan. 

KPA 4: Operational Management 

▪ Conclude the funding agreement with funders and City of Ekurhuleni (CoE) 

▪ Secure buses in time for the envisaged route extensions 

▪ Monitor the leasing deal for the Depot and other properties 

▪ Obtain all relevant operational licences 

▪ Ensure that the relevant talent is sourced and developed to run the company 

KPA 5: Financial Management 

▪ Lead and direct the company’s efforts into maximizing of revenues and/profits, to ensure timely payment of its short-term and long-term debts. 

▪ Develop and manage the company’s budget, ensuring fiscal responsibility. 

▪ Monitor and manage the company’s financial performance, including profit and loss, budgeting, and forecasting. 

▪ Ensure financial stability and growth by identifying opportunities for revenue generation and cost reduction. 

KPA 6: Risk Management 

▪ Manage the company’s risk profile, including but not limited to its health and safety performance, in line with the statutory requirements (OHSA). 

▪ Ensure that the internal controls are in place and the achievement of Clean Audit Reports (CAR). 

▪ Identify and manage potential risks to the company’s business and reputation. 

▪ Develop and implement risk management strategies and contingency plans. 

KPA 7: Reporting 

▪ Report timely and periodically to the Executive Chairman, the Board and CoE. 

KPA 8: People Management 

▪ Recruiting, hiring and onboarding new Executive Committee (EXCO) team members in conjunction with the Board. 

▪ Promote a culture of continuous learning and professional development Manage performance of the EXCO team. 

▪ Resolve all escalated matter from the EXCO team members. 

▪ Build, lead, and mentor a high-performing executive team. 

▪ Ensure the company attracts, retains, and motivates a talented workforce. 

The list of tasks/duties and responsibilities contained in this document is not necessarily exhaustive, and the employer is entitled to instruct the employee to carry out additional duties or responsibilities. This may fall reasonably within the ambit of the job description, or in accordance with operational requirements. Such variable tasks should be listed and recognised in the employee’s performance compact. 

• Strategic planning and execution 

•  Financial acumen 
• Leadership and team management 
•  Problem-solving and decision-making 
•  Communication Skills 
•  Presentation skills 
•  Stakeholder Management 
•  Customer focus 

• Adaptability
• Communication Skills
• Decisiveness
• Inspiring Leadership
• Critical Thinking
• Resilience
• Optimism

Candidates interested in applying for this position must submit their CVs’, certified copies of their qualifications, together with the covering letter to: exec.vacancies@ktvr.co.za. 

It is the responsibility of every applicant to ensure that the Human Resources Department has received the application before the closing date of the advertisement. No applications will be considered after the closing date. 

Note: If you have not been contacted within 30 days of the closing date of this advertisement, please consider your application unsuccessful. 

Equity Statement: Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of KTVR Bus Service 

Any questions regarding the application or recruitment process must be sent in writing to Mr Molotlegi Mokgatle e-mail: molotlegim@ktvr.co.za