Banneker Ventures, a $30MM+ per year and growing construction and real estate development company, is looking for a highly qualified professional to serve as its Chief Operating Officer. The COO is a key member of the Senior Management Team serving the Company in a wide range of capacities. The position provides the leadership, management and vision necessary to ensure that the Company has the proper operational controls, administrative and reporting procedures, and people systems in place to effectively grow the Company, and to ensure financial strength and operating efficiency. The position accomplishes this through a respectful, constructive and energetic style, guided by the objectives of the Company. This person should possess management and technical skills to ensure the successful operations of the Company. The person for this role is responsible for developing and maintaining a big picture view of things at the Company while diving into essential details to ensure the daily operations of the Company. In addition, the position is responsible for developing, encouraging and leading staff. Essential Duties and Responsibilities General • Responsible for the execution of the Company’s strategic goals in line with the Company’s Vision and the outlined direction and budgets of the Company. • Work with President and other members of the Senior Management Team to create and achieve short and long term strategic goals, business strategies, plans and procedures. • Set comprehensive goals for the Company for the Company’s performance and growth. • Directly accountable for P&L, client relations, and operations management. Leadership • Develop and promote company culture and vision. • Lead employees to encourage maximum performance and dedication. • Lead senior staff meetings, offering ideas, insights and recommendations on firm policies, staffing, customer service, new business and other topics that impact the Company. • Strategic advisor to the President and other members of the Senior Management Team. • Work well with and demonstrate respect for colleagues at all levels and consistently contribute to a positive work environment for the entire staff • Develop a Operational Excellence strategy that focuses on the needs of the customer, employee engagement, continuous improvement and teamwork that will assist in the growth of the organization. • Build strong win-win relationships with other departments within Banneker, including Operations, Accounting and Human Resources. Operations • Oversee daily operations of the Company, including the construction division, real estate development division, HR, marketing, finance and IT. • Create the structure and processes necessary to manage Banneker’s current activities and its projected growth through the design, development and implementation of Departmental policies and procedures with Standard Operating Procedures. • Maximize the Company’s growth and profitability through strategic planning and implementation. • Evaluate and monitor Company performance against goals by analyzing and interpreting data and metrics. • Analyze market conditions and recommend changes in goal directions. • Write and submit quarterly reports to the President including all matters of importance and complete annual company report. • Maintain a safe and secure work environment for all employees. • Develop, establish, and direct execution of operating policies to support overall Company policies and objectives. • Represent Banneker in meetings with financial institutions, equity investors, bonding companies, joint venture partners and other strategic partnership meetings. Finance • Work with President and Controller to develop annual budget, including revenue and expense projections. • Direct Company operations to meet budget and other financial goals. • Develop process improvement plans that will create efficiencies and lead to a reduction in budget spending, and optimize efficiency of labor, materials, and other costs. • Analyze general economic, business, and financial conditions of the markets in which the Company operates in, and their impacts on the Company’s operations. Business Development and Marketing • Identify opportunities for growth and develop plans to execute on these opportunities. • Participate in expansion activities (investments, acquisitions, corporate alliances etc.) Maintain awareness of industry standards and developments and competitive landscape. • Lead pitch meetings along with Company President. • Approve updates to marketing materials, including the Company’s website, changes to marketing material, capability statements etc. Human Resources • Oversee and manage the HR function. • Oversee the payroll function including the review and sign-off on timesheets for accuracy. • Oversee the travel and entertainment policies and processes including the review and sign-off on employee reimbursements. • Make recommendations to HR for the hiring of staff. • Develop and manage executive recruitment strategy to ensure that we attract, hire, manage, train, retain and evaluate staff “A” players on Banneker’s Senior Management Team. • Develop and manage and recruitment strategy that will have a focus on University recruitment, internships, rotational programs for key talent entry level positions. • Manage the Performance and Development process for all staff. • Oversee and manage annual salary review and bonus process and provide recommendations for bonus fund based on company and/or employee performance. • Develop a reward system that recognizes the skills of project personnel, and a nomination process for worthy employees to receive internal awards/bonuses and external industry awards. Operations Team Management (Direct Reports) • Manage, mentor and develop operations staff: Office Manager, HR Coordinator, Assistant General Counsel including managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic • Create a shared service team that can support the company with all operations and service needs.
Minimum Requirements • Bachelor’s Degree in Public Administration, Finance, Business, Engineering or related discipline; MBA is a plus • 10+ years of significant executive or management experience in a construction company, including 5+ years experience in planning and directing operations at the department, division, or senior manager level • 3+ years in administration and management at the executive or senior management level • Outstanding communication and presentation skills. • Demonstrated leadership ability and executive presence. • Excellent analytical, reasoning and problem solving skills • Knowledge of bid processes on government or commercial construction or development projects. • Highly competent in verbal and written communication. • Ability to present facts, recommendations, highly technical reports, and directives effectively in verbal and written form. • Proven ability to plan and lead the operational and support functions and activities of a complex organization. • Ability to develop and implement long-term plans and programs and to evaluate work accomplishments. • Demonstrated ability to establish and maintain effective working relationships with public and private officials, employees (including superior, peers, and reports), and the general public. • Excellent interpersonal, communication, and change management skills.
Banneker Ventures is an SBA-certified 8(a) SDB and HUBZone small business with offices in—Maryland, Washington, DC and Colorado—we specialize in providing value-add construction and facilities management services to federal and local government clients.
Our construction expertise incorporates – general contracting, design-build and construction management. All Banneker projects are managed wit...h an emphasis on team work and communication.We identify problems early and present solutions simultaneously when bringing the problem to our client’s attention. We use cutting edge technology to communicate effectively with the project team, making all documents easy to read and understand.
Our professionals have experience working with government agencies, and understand multi-year funding requirements and accelerated schedules. Banneker’s boutique size allows us to have senior staff involved throughout every phase of a project. Our experience serving as owner’s representative gives us insight to what an agency needs to successfully take a project from concept to completion.