Entrepreneurial Executive Director

The company is also looking for an Entrepreneurial Executive Director. This is an entrepreneurial position and is meant for a person who wants to manage and participate financially by investing in the shareholding of the company. He will be responsible for securing business for the projects to be implemented by the company and will also be responsible for the profitability of the business independently.

His prime responsibility will be to ensure positive monthly cash flows by generating suitable revenue and controlling expenses, and for timely payment of all the obligations which may arise for the conduct of the business, including timely payment to suppliers, contractors and employees involved in this activity. The selected candidate will be either an Electrical or Electronics Engineer with experience in the Electronic Security Systems Industry and will have a proven record of performance in the conduct of the above business, either as a Business Entrepreneur or Senior Manager in a large company. The position is open for any honest, energetic and enthusiastic individual.

Earnings

The Earnings will be primarily performance based and will comprise of earnings from:

• Fixed minimum monthly salary of Rs. 50,000.
• Rs. 50,000 per month from positive cash flow generation.
• 0.25% of the revenue received from sales, subject to a limit of Rs. 1 lac per month.
• Reimbursement of Conveyance Expenses at actuals for the use of a personal vehicle, as per Company norms.
• 5% of the Net Profit accrued at the end of the financial year, governed by applicable statutory rules and subject to any restrictions which may be imposed by the Company Law Board or any other statutory authorities.

Career Progression

The selected candidate will be elevated to the Board of the Company in case his performance is found to be good after completion of one year of service and on attaining successful business results, as will be mutually agreed upon at the time of induction. The position has the potential for extraordinary career advancement opportunities for a person who is an excellent performer and has unquestionable integrity. Such a person will also be provided liberal stock options provided he is in a position to run the company in a profitable position with Dividend declaration capability for a period of 3 years.

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