Posted 2 months ago
Managing Director - Portfolio Operations
@ Staffmax
Winnipeg, Manitoba
Overview
Staffmax is hiring a Managing Director to oversee operations and P&L performance across a growing portfolio of privately held Canadian manufacturing, construction and distribution companies. The role leads General Managers and Controllers, makes major personnel and capital decisions, and travels roughly one day every two weeks. Pay is $150,000 to $200,000 per year.
Pay:
$150,000–$200,000 a year
Responsibilities:
- Own financial and operational performance of portfolio companies
- Lead General Managers and Controllers
- Approve major CAPEX and facility investments
- Recruit, develop and terminate key personnel
- Manage relationships with banks, vendors and customers
Requirements summary:
- Significant experience running a medium-sized industrial operation
- Direct P&L and balance sheet ownership
- Experience managing blue-collar and shop-floor teams
- Experience managing General Managers or Controllers
- Willingness to travel about one day every two weeks
- P.Eng and MBA preferred
Tools & skills
Source and dates
Employer career site / ATS feed · careerpage
- Employer posting date
- 2026-09-09
- First seen by our source
- 2026-10-11
- Source record updated
- 2026-10-15
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Senior |
| Department | Business operations |
| Manages people | Yes |
| Travel | air: minimal · ground: minimal |
| Work setting | Office, Plant or factory, Client sites |
| Position | Sitting and standing |
| Physical demands | physical low · computer moderate |
| Licences & certifications | P.Eng |
| Education | Master’s degree (preferred) |
| Fields of study | Business Administration, Engineering |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Staffmax
| Field | Value |
|---|---|
| Open jobs on Jobsy | 150 |
Location: Winnipeg, Manitoba
Compensation: $150,000–$200,000 per year
Travel: Approximately 1 day every 2 weeks
About the Role
Staffmax is seeking an experienced Managing Director to oversee the operations and performance of a portfolio of privately held companies across Canada.
This is a hands-on operating role for an experienced business leader who knows how to run medium-sized industrial businesses and is comfortable working directly with both senior leadership and frontline, blue-collar teams.
The successful candidate will initially oversee a smaller number of businesses, with responsibility expected to grow to approximately 4–6 companies within the first year. The portfolio includes businesses in manufacturing, construction, and distribution, with operations in Winnipeg, the Greater Toronto Area, Saskatchewan, and other locations across Canada.
This is not a traditional finance-focused private equity position. We are looking for an operator who can take ownership of business performance, make difficult decisions, manage people at all levels of an organization, and drive results.
Key Responsibilities
Portfolio & P&L Ownership
- Take overall responsibility for the financial and operational performance of portfolio companies.
- Maintain a strong understanding of P&L, balance sheets, cash flow, and key business metrics.
- Identify opportunities to improve profitability, efficiency, productivity, and overall business performance.
- Work directly with General Managers and Controllers to establish priorities and drive accountability.
- Report to the Senior Managing Director on company performance, risks, opportunities, and strategic initiatives.
Leadership & People Management
- Provide high-level leadership and direction to General Managers and Controllers.
- Recruit, hire, and develop key leadership positions, including GMs and Controllers.
- Establish compensation structures and bonus plans for key personnel.
- Make difficult personnel decisions when required, including major or mass terminations.
- Lead organizations through periods of change, restructuring, and operational improvement.
- Be comfortable managing and communicating directly with blue-collar employees, tradespeople, and shop-floor teams.
Operations & Capital Investment
- Oversee day-to-day operational performance through General Managers and leadership teams.
- Evaluate and approve major CAPEX, equipment purchases, facility investments, and other significant expenditures.
- Work with leadership teams to improve production, efficiency, staffing, and operational processes.
- Step into businesses when necessary to stabilize operations or address significant performance issues.
External Relationships
- Develop and maintain relationships with banks, major vendors, customers, and other key stakeholders.
- Represent portfolio companies in significant commercial and operational matters.
- Support acquisitions, integrations, expansions, and other strategic initiatives as required.
What We're Looking For
The ideal candidate is an experienced operator who has successfully run a medium-sized industrial, manufacturing, construction, or distribution business.
You should be someone who:
- Has significant experience running operations, not simply advising them.
- Has owned or been heavily responsible for a company's P&L and financial performance.
- Has directly managed blue-collar employees, tradespeople, or shop-floor personnel.
- Has experience hiring and terminating frontline employees.
- Is comfortable making difficult decisions, including workforce reductions when necessary.
- Has strong financial literacy and can confidently understand and challenge a P&L and balance sheet.
- Has experience managing General Managers, Controllers, or other senior leaders.
- Can operate independently and take full ownership of business outcomes.
- Is comfortable working across multiple companies and locations.
- Has strong communication, leadership, negotiation, and problem-solving skills.
- Is willing and able to travel approximately one day every two weeks.
Preferred Qualifications
- P.Eng. designation
- MBA
- Experience in manufacturing, construction, distribution, or other industrial environments.
- Experience overseeing multiple business units or companies.
- Experience working within a private equity, family-owned, or privately held business environment.
The Opportunity
This is an opportunity for a proven operator to take on significant responsibility across a growing portfolio of Canadian businesses.
The successful candidate will have the autonomy and authority to identify problems, make decisions, implement change, and drive results across multiple operating companies.
If you are an experienced General Manager, COO, President, VP Operations, or similar senior operating leader who enjoys getting into the business and making things happen, we would like to hear from you.
Compensation: $150,000–$200,000 annually
Journal
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