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Managing Director Job Description: Top Duties and Qualifications

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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A 23402927director3.22director of operations2.7executive director1.79non profit1.04chief operating officer0.85541314551128000.00163495.08413000.00YEARLY237232722025-10-012025-10-312025-09-012025-09-302025-11-05Managing Director, or Management Director, is responsible for upholding successful company operations by implementing business strategies and fostering business relationships. Their duties include maintaining frequent communications with company Executives and Board Members, reviewing operational data and financial statements to track the progress of business initiatives and hiring Department Directors to guide company employees in areas like accounting, sales, marketing or HR.

Managing Director Duties and Responsibilities

Under this section, list the functions and responsibilities associated with the position of Managing Director. Mention who the position reports to and where this role stands in the organizational hierarchy. In addition to regular duties, include any special functions you would expect a successful candidate to perform.

Examples of Managing Director duties and responsibilities include:

  • Establish company goals and objectives, both short-term and long-term.
  • Develop business plans and strategies.
  • Advise the board of directors on strategic issues.
  • Present reports on the company’s business and performance to the board.
  • Motivate and provide leadership to Managers and senior executives.
  • Build relationships with external experts and agencies through seminars, conferences and professional networking.
  • Ensure that the company continues to make profits and grow investors’ wealth.

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Managing Director Job Description Examples

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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What Does a 23402927director3.22director of operations2.7executive director1.79non profit1.04chief operating officer0.85541314551128000.00163495.08413000.00YEARLY237232722025-10-012025-10-312025-09-012025-09-302025-11-05Managing Director Do?

Managing Directors typically work for corporations across industries to ensure their business achieves its short- and long-term objectives. They work closely with company Executives to determine business needs and maximize engagement from stakeholders. Their job is to delegate tasks among lower-level Director roles, review market data or consult with industry experts and draft business plan documents. They may also be responsible for performing public speaking duties at media or promotional events on behalf of the company.

Managing Director Skills and Qualifications

The position of a Managing Director requires advanced skills and a higher level of qualifications. List all of the important qualities and qualifications you are looking for in a successful candidate. You may include the required education, experience, training and technical skills under this section. This is also the right place to let the candidates know if they need to possess any specific soft skills and personality traits.

Examples of 23402927director3.22director of operations2.7executive director1.79non profit1.04chief operating officer0.85541314551128000.00163495.08413000.00YEARLY237232722025-10-012025-10-312025-09-012025-09-302025-11-05Managing Director skills and qualifications include:

  • Bachelor’s degree in business management or related area
  • Master’s degree preferred in many organizations
  • Over 10 years of experience as Managing Director or in another senior managerial role
  • Experience in establishing business goals and strategies
  • Good understanding of corporate law, branding and product positioning
  • Strong analytical and problem-solving skills
  • Excellent communication and leadership qualities
  • Ability to work under pressure

Managing Director Salary Expectations

A Managing Director receives an average salary of $104,703 per year. Indeed has computed this estimation based on hundreds of salaries reported by Managing Director employees and figures collected from job advertisements published on Indeed over the last three years. A Managing Director typically works for an average tenure of four years. Salaries may vary depending on a candidate’s level of education, experience and certification. Your organization’s industry and geographical location may also impact potential earnings.

Managing Director Salary Expectations

2025-10-0128000.00163495.08413000.00YEARLY
  • Common salary: 163495.08 YEARLY
  • Typical salaries range from 28000.00 - 413000.00 YEARLY
  • Find more information on Indeed Salaries

*Indeed data – 2025-10-01

Managing Director Education and Training Requirements

A Managing Director should at least have a bachelor’s degree in business administration or a related area. Companies usually prefer to hire candidates with a master’s degree in business administration for more advanced skills and knowledge. Since this is a senior-level position, you may also prefer the candidate to have a professional organization membership, such as a reputable association for management professionals or a society for accounting professionals. Certification and training in areas like corporate governance, strategic planning, statistical analysis and public speaking would be definitely helpful.

Managing Director Experience Requirements

The position of Managing Director typically requires extensive experience in business administration. The successful candidate should have a minimum experience of 10 years. You may prefer more experience depending upon the scale and size of your operations, or you may accept candidates with advanced degrees in lieu of some years of professional experience.

Businesses usually look for candidates who have previously worked as a 23402927director3.22director of operations2.7executive director1.79non profit1.04chief operating officer0.85541314551128000.00163495.08413000.00YEARLY237232722025-10-012025-10-312025-09-012025-09-302025-11-05Managing Director in an organization similar to theirs. Candidates who have not worked exactly as a Managing Director but have a good experience in a senior managerial role and possess strong industry knowledge also make a good choice for this position.

Job Description Samples for Similar Positions

If Managing Director is not the exact position you are planning to hire for, here are some other job description samples for closely related jobs:

Job Description Best Practices
Optimize your new and existing job descriptions to reach more candidates
Get the Guide

Three individuals are sitting at a table with a laptop, a disposable coffee cup, notebooks, and a phone visible. Two are facing each other, while the third’s back is to the camera. The setting appears to be a bright room with large windows.

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Frequently asked questions about Managing Directors

Job Description Examples

Need help writing a job description for a specific role? Use these job description examples to create your next great job posting. Or if you’re ready to hire, post your job on Indeed.

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