Career Advice
E.g. nurse, resume, interview, sales...
🔍
🔍

Managing Director

Take responsibility for overseeing a company and leading of board of directors.

What's it like to be a Managing Director?

A Managing Director is a senior position in a company, with responsibility for overseeing the company’s performance. They give an organisation strategic guidance to ensure long-term goals are achieved. The Managing Director leads a board of directors, and reports in to the chairperson and shareholders.

Managing Director

Tasks and duties

  • Giving strategic advice and reporting on progress to chairperson and board members.
  • Managing assets and resources.
  • Continuously monitoring budgets and ensuring that targets are met.
  • Developing and managing business plans, and monitoring implementation.
  • Developing company policies.
  • Developing strategic plans.
  • Maintaining a dialogue between shareholders and the board.
  • Building and maintaining an effective management team.
  • Assuming accountability to the board for all company operations.

What can I earn as a Managing Director?

All
NSW
VIC
WA
QLD
TAS
SA
NT
ACT
The most common annual salary in AUS for a Managing Director is greater than $200k

Close salary comparison
info
Source: SEEK job ads. Salaries include superannuation.

How to become a Managing Director


SEEK Learning
There is no single pathway to becoming a Managing Director but typically you will need to have completed tertiary education and have many years of work experience.

  1. Complete a Bachelor degree.
  2. Consider gaining a Master of Business Administration (MBA).
  3. Undertake the professional director training course with the Australian Institute of Company Directors (AICD).
  4. Gain relevant work experience and develop expertise in business, leadership and decision-making.
  5. Finding good mentors, undertaking a Board induction as well as completing professional training specific to the role of a Director should be considered essential steps for all new Directors.
  6. Having strong technical expertise which you can confidently demonstrate, as well as strong leadership skills are also vital. It may take many years to develop these skills and experience.

Explore related qualifications

SEEK users who have worked as a Managing Director have studied these qualifications.

All
NSW
VIC
WA
QLD
TAS
SA
NT
ACT

Master of Business Administration

This master degree will give you the crucial skills and knowledge needed to be a business leader.
Compare institutions
Master of Business Administration provider logo
Master of Business Administration provider logo
Master of Business Administration provider logo
Master of Business Administration provider logo

Bachelor of Arts

This qualification gives you broad skills and knowledge in your chosen area of specialisation to get you started in your career.
Compare institutions
Bachelor of Arts provider logo
Bachelor of Arts provider logo
Bachelor of Arts provider logo
Bachelor of Arts provider logo

Bachelor of Science

Develop broad skills in science to prepare for opportunities in a range of industries with this qualification.

Compare institutions
Bachelor of Science provider logo
Bachelor of Science provider logo
Bachelor of Science provider logo
Bachelor of Science provider logo
Powered bySEEK Learning

Skills and experience employers are looking for

Hi there, have any of these? Add your skills directly to your SEEK Profile.


Skills listed in your SEEK Profile


Based on your skills, here are some roles to explore

Roles where your skills are commonly valued by employers.
Sign in and add skills to your SEEK Profile, to see roles that match your skill-set
Did you find this helpful?
🙂
😐
😦
info
Source: SEEK job ads and SEEK Profile data

Upskill with an online short course

Get instant access to online training for these in-demand Managing Director skills

How do Managing Directors rate their role?

Latest reviews from 38 Managing Directors surveyed on SEEK

Work-life balance
3.6
Job satisfaction
4.6
Career progression opportunities
3.9
Job security
3.9
Pay / Salary
4.0
Variety of work
4.4

Latest reviews

All
Positive
Negative
Oct 2018
Being a Managing Director is the ultimate role for someone wanting autonomy
Reviewer's Qualification
Diploma of Education
Experience
1 – 4 years
Organisation size
Small (1-19 employees)
Specialisation
Hospitality Management
The good things
The good things about being a Managing Director is the ability to make autonomous decisions that have a measurable effect on your business. The satisfaction of guiding a business through its various c...
The challenges
The challenges of being a Managing Director are numerous. Recruiting and retaining good staff is essential. Using a third party HR recruitment process can be expensive, but if the business can afford ...
Read more
Aug 2019
Operating in the most interesting, and highest growth potential, Region in the world.
Reviewer's Qualification
Master of Arts
Experience
1 – 4 years
Organisation size
Medium (20-199 employees)
Specialisation
Managing Director
The good things
The diversity of the role. In addition to P&L responsibility and day to day operations, the role comprises strategy development and implementation, M&A analysis and execution, Statutory oversight and ...
The challenges
Driving the Regional organisation within the context of a global business unit - ensuring an understanding of the diverse Regional profile, operational, legal and cultural issues, and true growth pote...
Read more
info
Source: SEEK Role Reviews

Working hours for Managing Directors

Overtime
Weekends
Shift work
Late nights
Often
Sometimes
Never
info
Source: SEEK Role Reviews from 38 Managing Directors

What are the job opportunities for Managing Directors?

Find out how the job market is trending

All
NSW
VIC
WA
QLD
TAS
SA
NT
ACT

Job opportunities

Managing Director jobs on SEEK
161
Jobs on SEEK right now
Source: SEEK

Projected job growthAlert

National increase over next 5 years *
0.7%
2019
2024
Source: LMIP. Chief Executives and Managing Directors

Latest Managing Director jobs on SEEK

Next
info
Source: SEEK job ads

Browse related careers by interest

See careers related to Managing Director by field of interest.

info
Source: SEEK job ads and SEEK Profile data