Managing Director

Propel Consult

Bahrain

Ref: LP127-1628

Job description / Role

Employment: Full Time

Company:

Our client helps accelerate the growth of startups in Bahrain and provide a steady pipeline to the rapidly growing Bahraini venture capital industry.

Job Title: Managing Director

1. General & Operations
• Develop, drive and implement the business strategy goals of Bahrain startup accelerator
• Establish effective project management and monitoring mechanisms and ensure timely delivery of projects.
• Report accelerator's and overall company's progress to the board and the company central team.
• Oversee the accelerator program finances and ensure high quality financial management of company's assets and budgets.
• Create annual operating plans that support strategic direction set by the board and the company Central team

2. HR & Team Management
• Responsible for recruiting and effectively managing the startup accelerator's stage
• Manage the human resources of the company according to authorized personnel policies and procedures that fully conform to current local laws and regulations.
• Work closely with different staff members and ensure they are highly motivated and continuously incentivized.
• Train the accelerator's staff members and ensure they are well-oriented on the company process .
• Ensure that accelerator's staff members have sufficient and up-to-date information.

3. Startup Selection
• Initiate and perform the startup selection process to select candidate startups to join each cycle of the accelerator program.
• Work with the startup accelerator's team to launch the application for each new cycle of the accelerator program and make sure it is advertised and publicized properly.
• Coordinate with the staff members the application filtration and interviews scheduling process
• Conduct due diligence, negotiating and managing investment agreements with applicant startups when required

4. Accelerator Program
• Coordinate with the accelerator's team to put the calendar of each of the cycles of the accelerator program
• Oversee the business training provided to the startups and coordinate with educational partners.
• Supervise the mentorship process and assist in recruiting mentors for the accelerator program.
• Help set the goals and milestones for the incubated startup companies and follow up on the progress with respective startup teams.

5. Partners and Business Development
• Identify partnership opportunities and provide oversight on establishing local and international partnerships
• Act as a liaison between the startup accelerator and the local startup community, as well as build relationships with peer organizations, government and corporates when appropriate.

6. Marketing, Communication and PR
• Serve as the primary spokesperson and representative for the startup accelerator.
• Coordinate and oversee PR events, press releases and official announcements arranged by the startup accelerator.

Requirements

Qualifications & Experience
• At least 7 years of experience in entrepreneurship, private equity, technology and/or business management.
• Fluent in English and Arabic is a plus.
• Major in business/management studies
• Strong project management and organizational skills.
• Proactive and highly organized, with strong time management and planning skills.
• Attention to detail and a ability to multi-task
• Excellent communication skills.
• Well-connected with the local business and investor community
• Engaged in the local startup community and its activities.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

  • Banking & Finance
  • Human Resources
  • Oil & Gas
  • Construction
  • Architecture & Engineering

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