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Managing Director

Valsoft Corporation is looking to hire a Managing Director (MD) to operate one of our US based software companies!

This position provides critical operational leadership to a company within a growing software vertical. As Managing Director, you will be responsible for developing and implementing the business strategic plan spanning sales & marketing, R&D, customer service, professional services, and human resources.

Along with the rest of the Business Unit leadership team, the MD must identify, define, and execute the strategies required to achieve growth plans and operating objectives with a focus on improving operational excellence. You will be fully accountable for the results of this business.

Here is a little window into our company: Valsoft specializes in acquiring and growing vertical market software companies. Our mission is to provide a permanent home for software businesses, preserving the legacy of their founders while investing in the long-term growth and success of the companies we acquire. We operate and manage a global portfolio of wholly owned software companies, delivering mission-critical solutions across multiple verticals. By implementing industry best practices, Valsoft ensures a time-sensitive integration process and operates a decentralized model, fostering rapid growth through reinvestment in its portfolio.

The successful candidate can be based in the United States, working in a remote work model!

MD Responsibilities:

  • Own the long-range, annual and quarterly financial and non-financial goals
  • Develop and communicate a clear vision of goals and objectives, strategies, philosophies about growth, revenue generation and profitability, customer care agenda.
  • Be hands-on in day-to-day operations including sales performance, sales opportunity management, forecasting, R&D capacity management, services resourcing, customer support, and customer project delivery
  • Attend trade shows and panels

Sales & Marketing

  • Drive revenue growth, working with the sales team to identify new opportunities and execute growth strategies including cross/upsell and entering adjacent markets
  • Develop and implement best in class sales operations and sales infrastructure to enable effective scale and ensure process discipline
  • Develop and maintain competitive intelligence programs, generating industry trend reports to inform new features and product development
  • Improve use of Salesforce and other internal tools to increase forecasting capability, implement targets, and provide actionable insights to the executive team and board of directors
  • Create and implement KPIs for sales team to measure performance and productivity (ex: CAC / LTV); develop performance dashboards and establish reporting process (measure NRR and MRR trends)
  • Work with sales leaders in establishing quotas, budgets, compensation plans and pricing optimization
  • Manage key relationships with large accounts is mandatory

Customer Care/Customer Success:

  • Execute an effective, long-term customer success program for clients
  • Implement and maintain client support initiatives
  • Facilitate both in-house and client training sessions
  • Monitor and document Customer Success metrics, including program usage, satisfaction levels, ticket throughput, and resolution
  • Coordinate the administration of annual customer satisfaction surveys (NPS) and other communication tools

Research and Development:

  • Ensure clear product roadmaps are established, followed, and adapted to meet market needs
  • Balance investment in R&D with maintenance efforts to maximize new customer growth and retain existing clients while maintaining efficient Customer Care and R&D operations
  • Track Product Manager prioritization of R&D tasks, ensuring they are entered into the corporate system and executed by software developers
  • Facilitate the growth of Product Managers by aligning their activities with job descriptions

Professional services:

  • Ensure we are delivering profitable projects by monitoring billable utilizations, staff OPEX and contribution margin
  • Establish strategies to increase NRR
  • Track on a monthly basis result with the Head of Professional Services

Financial Management:

Review with Senior Management and the team:

  • Advance performance by driving improvements in revenue, profit, customer retention, loss prevention, and expense ratios
  • Annual, quarterly, and monthly revenue results/forecasts and costs
  • Participate in the development of internal department policies and programs to support quality and growth
  • Drive P&L, ROI, EBITDA, rule of 40 and ARR/ IRR performance of businesses and ensure companies are meeting organizational objectives

Human resources:

  • Leading recruitment within your organization
  • Leading HR initiatives such as (1) retaining talents (2) comply with local HR jurisdictions (3) develop a true local company culture
  • Prior experience in managing a B2B software company is mandatory
  • A natural ability to lead performance and financial health in a business
  • Bring a proven entrepreneurial spirit and pace-setter traits
  • Bachelor’s degree or equivalent, preferably in technical or business discipline, MBA, or advanced degree, a plus
  • 7+ years of direct cross-functional team management experience and full P&L management is mandatory
  • Broad financial acumen across the organization (e.g., managing a P&L, understanding financial documents, business intelligence, FP&A processes, etc.)
  • History of developing and implementing successful strategies for net new customer acquisition and market penetration is essential
  • Ability to structure, analyze, and solve complex business problems, as well as deliver impact against concrete business goals
  • People Leadership, Building teams, communication, and organizational skills are essential
  • Excellent analytical and problem-solving skills
  • A 'roll up the sleeves' attitude towards problem-solving is essential
  • Goal-oriented with comfort in setting measurable goals for others and him/herself
  • Actively engages in continuous learning and self-development to enhance skills and knowledge relevant to the role
  • Ability and willingness to create change, passion for continuous improvement
  • 30% of travel required for internal and customer meetings
  • Must be legally authorized to work in the United States

Average salary estimate

$175000 / YEARLY (est.)
min
max
$150000K
$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Managing Director, Valsoft Corporation

Valsoft Corporation is excited to announce we are looking for a Managing Director (MD) to lead one of our dynamic software companies based in the U.S.! This role is pivotal in steering operational excellence while overseeing various segments such as sales, marketing, R&D, customer care, and human resources. As the MD, your mission will be to craft and launch a compelling strategic business plan, working hand-in-hand with the rest of the leadership team to identify growth strategies and operational goals. You’ll be at the forefront, directly impacting our initiatives and accountability for the success of the business as a whole. Valsoft is dedicated to nurturing vertical market software companies, preserving their legacy while driving future growth. With a global reach and a decentralized model, we pride ourselves on our nimble integration processes and commitment to reinvesting in our portfolio companies. Beyond merely statistical figures, we care about creating a thriving environment for our customers and employees alike. Your daily responsibilities will involve overseeing financial objectives, enhancing sales performance, shaping customer success strategies, and ensuring robust R&D efforts while managing professional services. If you’re a natural leader with an entrepreneurial mindset and a proven track record in the B2B software space, we invite you to join us in making a substantial impact. Work remotely from anywhere in the U.S., so you can focus on driving success while enjoying flexibility in your work-life balance. With a travel requirement of just 30% for essential meetings, your roar for results will resonate without compromising your lifestyle.

Frequently Asked Questions (FAQs) for Managing Director Role at Valsoft Corporation
What are the responsibilities of a Managing Director at Valsoft Corporation?

As a Managing Director at Valsoft Corporation, you will oversee a variety of key responsibilities. These include crafting and implementing strategic plans, ensuring operational excellence, managing financial goals, and driving revenue growth. You will lead various departments, including sales and marketing, customer success, and R&D, alongside the business unit leadership team, prioritizing both client satisfaction and company profitability.

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What qualifications are required for the Managing Director position at Valsoft Corporation?

To qualify for the Managing Director position at Valsoft Corporation, candidates should have at least 7 years of cross-functional management experience and comprehensive P&L management skills. A bachelor's degree is necessary, with a preference for an MBA or advanced degree. Additionally, proven experience in leading a B2B software company and strong analytical and problem-solving capabilities are pivotal for this role.

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What does the customer care strategy look like for the Managing Director at Valsoft Corporation?

The customer care strategy for the Managing Director at Valsoft Corporation emphasizes the implementation of effective long-term customer success programs. This includes facilitating training sessions, monitoring customer satisfaction metrics, and executing feedback loops through surveys. Ensuring high satisfaction levels and swift resolution metrics in customer service will be key responsibilities.

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How does the Managing Director at Valsoft Corporation drive revenue growth?

Driving revenue growth as a Managing Director at Valsoft Corporation involves collaborating with sales teams to identify new market opportunities and enhance sales processes. You’ll implement best-in-class sales operations strategies, analyze competitive intelligence for product development, and develop performance-based targets and KPIs for the team.

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What is the company culture like at Valsoft Corporation for the Managing Director role?

Valsoft Corporation fosters a company culture that values entrepreneurial spirit, continuous improvement, and operational excellence. The Managing Director plays a crucial role in cultivating this culture by leading talent retention initiatives, building cohesive teams, and championing a work environment that embraces learning and innovation. Valsoft is committed to providing a supportive framework while empowering leaders to drive transformative changes.

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Common Interview Questions for Managing Director
What leadership style do you embrace as a Managing Director?

In response to this question, emphasize a leadership style that fosters collaboration, inspires team engagement, and encourages accountability. Explain how you adapt your style to meet diverse team needs while balancing operational demands and strategic vision.

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How do you handle financial management and P&L responsibilities?

Share your experiences with financial oversight, including budgeting, forecasting, and profit analysis. Highlight specific strategies you've used to improve revenues, manage costs, and ensure the organization meets or exceeds its financial objectives.

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Can you discuss your experience in developing customer success programs?

Discuss your approach to customer success initiatives, providing examples of programs you've designed or implemented. Emphasize measuring customer satisfaction, retention strategies, and evolving these programs based on customer feedback and industry trends.

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What strategies have you implemented to drive sales growth?

Outline specific sales strategies you have used in the past. Describe how you analyzed market segments, defined sales processes, and executed growth initiatives, ensuring you deliver on revenue goals and understand competitive landscapes.

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How do you prioritize tasks and manage a diverse team?

Convey your approach toward task prioritization and team management. Explain how you delegate effectively, set clear goals, and maintain communication channels to ensure alignment across various departments and drive overall organizational success.

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How do you ensure effective cross-functional collaboration?

Discuss strategies you've applied to promote cross-functional synergy. Focus on how you build trust among team members, encourage shared goals, and create platforms for open communication that fosters collective problem-solving.

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What role do you believe technology plays in operational efficiency?

Talk about your understanding of technological integration within operational processes. Provide examples of tools or systems you've implemented that have improved efficiency, driven productivity, or supported data-driven decision-making.

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What techniques do you use for market analysis?

Describe your methods for conducting market analysis, including how you collect data, assess trends, and use competitive insights to inform your strategic plans. Highlight the importance of remaining agile to adapt to changing market conditions.

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How do you approach talent acquisition and retention?

Emphasize your strategies for identifying and attracting top talent, as well as how you focus on employee engagement and development to reduce turnover. Share any specific programs or initiatives that have proven successful in your past roles.

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What is your experience with project management in a software environment?

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Founded in 2011, Valsoft is a vertical software business that provides mission-critical solutions in their respective niche or market.Velsoft is located in Canada

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Full-time, remote
DATE POSTED
December 5, 2024

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