EXECUTIVE DIRECTOR JOB DESCRIPTION
*PurposeAs chief executive of the corporation, the purpose of the Executive Director is to: *implement objectives as passed by the Board of Directorsmaintain continuity and continued success of the Corporation in a manner consistent with the corporate missioninitiate, develop, attain and maintain funding for programs consistent with the corporate mission, including securing grants and other sources of fundingmanage the day-to-day operations of Alaska Community Development Corporationensure legal and regulatory organizational compliance throughout the corporationensure fulfillment of funding source requirementsmanage corporate funds in an effective, fiscally responsible and prudent mannermanage potential corporate risk and liabilityexercise good business judgment, use ordinary care and prudence in the operation of the business and act in good faith and in the best interest of the corporation```{=html}
```2. Authority As chief executive of the corporation, the Executive Director has actual and apparent authority to:
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```1. direct and control the daily activities of the corporation.2. make agreements on behalf of Alaska Community Development Corporation for standard program operations consistent with the corporate mission. 1. The E.D. shall seek the advice and consent of the Board of Directors for individual expenditures over $5,000 that do not fall within standard program operations. Examples in this category may include settlement of legal claims. 2. The E.D. shall seek the advice and consent of the Board of Directors when making major changes to the corporation including changes in corporate status and disposing of assets.3. authorize employee hiring and firing decisions
The Executive Director may delegate authority as well as duties, but retains final accountability.
*Partial Listing of Duties and Responsibilities As chief executive of the corporation, the Executive Director responsibilities include: *
establish and implement corporation policies and practices to carry out objectives set by the Board of Directors
establish and implement personnel policies in compliance with applicable statute, regulation, case law and program requirements
ensure program design, procedures and operations comply with corporation and personnel policies
direct and monitor departments within the corporation and individual programs
establish, maintain and cultivate relationship with funding sources, regulators, local, state, regional and federal officials and representatives and other stakeholders
provide effective communication with funding sources, regulators, local, state, regional and federal officials and representatives and other stakeholders
provide leadership and work direction to staff members with emphasis on planning, organization, implementation and control of program operations
supervise direct reporting staff including performance evaluations
ensure adequate staff training
authorize hiring and firing of employees
establish and implement regulatory compliant policies or practices in corporate operations including; subcontractor and vendor policies and practices, purchasing, inventory control, property management, cost control, grant compliance, and program reporting
direct and coordinate the preparation of all reports to be submitted to the Board of Directors, membership, funding sources, IRS, and other federal/state agencies including audited financial statements, monitoring reports, budget data/information, operational review and evaluation.
prepare annual budgets for Board of Director approval then administer budgets as approved
disseminate information to the public as appropriate
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