Chief Operating Officer Job Description

Chief operating officer job profile and description

The chief operating officer or COO is a very important post in the company. He is in charge for all the operations and performance of the company. The COO is deeply involved with the functioning of all the departments and he works with the chief executive officer to make important plans and strategies regarding the future performance of the company

Chief operating officer job duties and responsibilities

The progress of the company hugely depends upon the efficiency of the COO. His duties are limited to the internal operations of the company. His duties and responsibilities are:

• Make decisions regarding the budget of the company keeping in view the developments
• Preparing short and long term operations plan like sales, marketing and quality control
• Overseeing the day to day functioning of the company
• Interacting with heads of all departments of the company and overseeing their functions
• Creating strategies for the functioning of the company along with the chief executive officer
• Plan execution strategies for the plans
• Prepare investment plans and plan acquisitions

Chief operating officer job skills and responsibilities

The skills and specifications for the job of a chief operating officer are:

• Brilliant strategist
• Excellent communication and leadership skills
• Good negotiation abilities
• Excellent interpersonal, public relations, oratory and presentation skills
• A sound knowledge about finance planning, tax reforms and strategy planning along with business administration
• Ability to work well under pressure and deliver good results
• Excellent time management skills
• Exceptional management capabilities
• A keen eye for detail and hardworking nature

Chief operating officer education and qualifications

The education and qualifications required for a COO are:

• A bachelor’s and master’s degree in business administration, finance planning and management
• A minimum of 10 years experience is required in different management posts

Chief operating officer salary

The salary of the COO ranges between $130,000 and $300,000 depending upon the company in which, he is employed.