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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.

Latest Managing Director jobs on SEEK

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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.

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Master of Business Administration

This master degree will give you the crucial skills and knowledge needed to be a business leader.
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Bachelor of Arts

This qualification gives you broad skills and knowledge in your chosen area of specialisation to get you started in your career.
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Bachelor of Science

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

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Job market trends for Managing Directors
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Managing Director jobs on SEEK
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Jobs on SEEK right now
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Source: SEEK job ads and SEEK Role Reviews

Latest Managing Director reviews

Latest reviews from 55 Managing Directors surveyed on SEEK
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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
May 2021
Being a Managing Director has its ups & downs but you must battle every problem everyday.
Reviewer's Qualification
Certificate III in Construction - Joinery, Shopfitting and Joinery Machining
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Operations of the business
The good things
As a Managing Director its very challenging & I have passion & dedication to my work.
The challenges
The Challenges that I face in day to day basis ensuring we have happy & satisfied Clients. As for the running operations to ensure Quality is delivered everyday without failure. Ensuring our Suppliers...
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Source: SEEK Role Reviews