Chief Operating Officer (COO)

Job Description

We are a southern California boutique private equity firm. We recently established a fund to achieve above market returns from the acquisition,optimization, and subsequent sale of small, local businesses. We source businesses in the $1M-$2M EBITDA range with the sole purpose of installing proven systems, building a more sustainable and consistent revenue model, and ultimately exiting the business at a sizeable premium, within a five-year period. Our Managing Partners have participated in and invested in numerous companies over the years and are highly skilled in business optimization.

We are looking for an experienced Chief Operating Officer / COO to oversee the most recent acquisition’s ongoing operations and procedures. This is a unique opportunity to get access to the private equity model, maintain control of diverse business operations, and share in the significant upside potential of the exit/sale of the business. Upon exit there will be further opportunities to pursue a similar role with future acquisitions or potentially transition into the CEO position of the current acquisition. The COO is a key member of the senior management team, reporting only to the CEO/Managing Partner.

If you consider yourself to be an experienced and efficient leader, have excellent people skills,business acumen, and exemplary work ethics, we’d like to meet you. We are currently interviewing for the position with the expectation of hiring in the near future.

Role: People

The primary focus of the COO is to establish strong sourcing, development, and retention practices with the staff. With the acquisition, the company is shifting from a Lifestyle business, to a Growth business. There is a great need for navigating the maturation of the culture and employees. Managers need education, accountability, and leadership development. The operations staff needs guidance and direction with the overall transition. As sales wins new revenue opportunities,managing the operational relationships & needs of the sales team is imperative.

Role: Processes

The secondary focus of the COO is to establish strong systems, workflows, and KPI metrics. The company lacks strong operational data. We have begun the process of building a proper ERP technology to drive more real time data and transparency. However, there is still much work to be done here. Proper SOP’s throughout the various market segments in the business need to be reviewed and improved upon. Finally, sound operational KPI metrics must be defined and managed to.

Responsibilities

• Collaborate and implement business strategies, plans and procedures
• Execute on comprehensive goals for performance and growth
• Establish policies that promote company culture and vision
• Oversee daily operations of the company (workflows, systems, staffing, etc.)
• Lead employees to encourage maximum performance and dedication
• Evaluate performance by analyzing and interpreting data and metrics
• Write and submit reports to the CEO in all matters of importance
• Manage relationships between Sales and Operations

Requirements

• Proven experience as Chief Operating Officer or relevant role
• Understanding of all general business functions
• Demonstrable competency in strategic planning and business development
• Working knowledge of data analysis and performance/operation metrics
• Working knowledge of IT/Business infrastructure and MS Office
• Outstanding organizational and leadership abilities
• Excellent interpersonal and public speaking skills
• Aptitude in decision-making and problem-solving
• BS/BA in Business Administration or relevant field; MBA is a plus

Job Type: Full-time

Salary: $175,000.00 to $200,000.00 /year

Experience:

• Operations Management: 5 years (Required)

Education:

• Master’s (Required)

Location:

• San Diego, CA (Required)

Additional Compensation:

• Bonuses
• Other forms

Benefits:

• Health insurance
• Dental insurance
• Vision insurance
• Retirement plan