At a Glance
- Tasks: Lead the IFRS Foundation, driving strategic direction and operational excellence.
- Company: Globally renowned non-profit focused on financial reporting standards.
- Benefits: Competitive salary, global travel opportunities, and a chance to make a real impact.
- Why this job: Shape the future of global capital markets and enhance transparency.
- Qualifications: Significant senior executive experience and proven leadership in complex environments.
- Other info: Based in London with opportunities for international collaboration.
The predicted salary is between 72000 - 108000 ÂŁ per year.
The IFRS Foundation is a globally renowned, independent non‑profit organisation supporting transparency and efficiency of global capital markets. Established in 2001, the Foundation’s mission is to develop – in the public interest – high‑quality, understandable, enforceable and globally accepted standards for general purpose financial reporting. Its standards – set by the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB) – have become the international language of corporate reporting. The standards result in decision‑useful information for investors, are cost‑effective for companies and are enforceable by regulators worldwide.
The IFRS Foundation is seeking to appoint a new Managing Director. Reporting to the Chair of the Trustees, the Managing Director will serve as the principal executive leader responsible for the strategic direction, operational management and overall performance of the Foundation. The Managing Director will play a pivotal role in ensuring the Foundation’s resources, structures and support systems are optimised to advance its public interest mission and to enable the IASB and the ISSB to deliver on their global mandates.
The Managing Director’s role scope includes leading a high‑performing group of executives and fostering a culture of collaboration, professionalism, diversity and continuous improvement. The role encompasses responsibility for all central operational functions, including finance, human resources, revenue generation, communications, legal, governance and technology. A key focus will be to guide the Foundation’s ongoing transformation programme, drive operational excellence and ensure financial sustainability through robust funding and effective resource allocation.
The Managing Director will work closely with the Chair of the Trustees, Trustee Committee Chairs, and the Chairs and Vice‑Chairs of the IASB and the ISSB, developing strategic plans and transformation initiatives for the Foundation. The role also involves supporting the work and agendas of the Trustees, serving as secretary to the Trustees’ Executive Committee, and acting as a key liaison to the Monitoring Board and other international policy bodies.
Candidates should offer significant senior executive experience, ideally as Managing Director, Chief Operating Officer or Head of Central Functions, with a proven record of leading in complex, international and multi‑stakeholder environments. Demonstrated success in guiding strategy, transformation, operational leadership, talent management and operating collaboratively with peers (in this case the standard‑setting board Chairs) is essential. The role requires outstanding interpersonal, diplomatic and stakeholder management skills, as well as a collaborative, inclusive leadership style and high integrity. Fluency in English is required; additional languages and international experience are advantageous. The position is based in London, with global travel as needed.
Managing Director employer: The Economist
Contact Detail:
The Economist Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Managing Director
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant online forums, and don’t be shy about reaching out to current or former employees of the IFRS Foundation. Building relationships can open doors that a CV just can’t.
✨Showcase Your Leadership Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in leading teams and driving transformation. Share specific examples of how you've fostered collaboration and improved operational efficiency in previous roles.
✨Be Prepared for Interviews
Do your homework on the IFRS Foundation and its mission. Prepare to discuss how your vision aligns with their goals and how you can contribute to their ongoing transformation programme. Confidence and knowledge will set you apart!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the team at the IFRS Foundation.
We think you need these skills to ace Managing Director
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to reflect the specific skills and experiences that align with the Managing Director role. Highlight your leadership experience and any relevant achievements that demonstrate your ability to drive strategy and transformation.
Showcase Your Leadership Style: We want to see how you lead! Use your application to illustrate your collaborative and inclusive leadership style. Share examples of how you've fostered a culture of professionalism and continuous improvement in your previous roles.
Be Clear and Concise: Keep your application clear and to the point. Use straightforward language and avoid jargon where possible. This will help us quickly understand your qualifications and fit for the role without getting lost in unnecessary details.
Apply Through Our Website: Don’t forget to submit your application through our official website. It’s the best way for us to receive your materials and ensures you’re considered for the position. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at The Economist
✨Know the Foundation Inside Out
Before your interview, dive deep into the IFRS Foundation's mission, values, and recent initiatives. Understanding their role in global capital markets will not only impress the interviewers but also help you align your vision with theirs.
✨Showcase Your Leadership Style
As a Managing Director, your leadership approach is crucial. Be ready to discuss specific examples of how you've fostered collaboration and inclusivity in previous roles. Highlighting your ability to lead diverse teams will resonate well with their focus on professionalism and diversity.
✨Prepare for Strategic Discussions
Expect questions about strategic planning and transformation initiatives. Prepare to share your experiences in guiding organisations through change, especially in complex environments. This will demonstrate your capability to drive operational excellence and financial sustainability.
✨Master Stakeholder Management
Given the role's emphasis on stakeholder engagement, be prepared to discuss how you've successfully managed relationships with various stakeholders in the past. Use concrete examples to illustrate your diplomatic skills and ability to navigate multi-stakeholder environments.