Director of Strategic Initiatives

CoolIT Systems

CoolIT Systems

Administration
Alberta, Canada
Posted on Monday, October 16, 2023
About Coolit Systems Inc.

Founded in Calgary, Alberta in 2001, CoolIT Systems is the leading Direct Liquid Cooling technology provider for data centers, supercomputers, and desktop computers. We design and manufacture solutions used by the largest tech companies globally.

Recognized as one of “The Americas’ Fastest Growing Companies 2023” by Financial Times and honored with the Deloitte Fast 50 Clean Technology award in 2022, as well as the Deloitte Fast 500 distinction in both 2021 and 2022, CoolIT's rapid growth is capturing global attention.

As demand for generative AI, high performance computing and cloud solutions rapidly expands, there has never been a more exciting time to join our team.

Role

WHAT YOU’LL DO:

We are seeking a talented Director of Strategic Initiatives to join our team. We are looking for someone with exceptional leadership skills and a strategic mindset. This role will report to the COO and will be integral to driving our vision of pioneering innovation and reshaping the future of cooling technology.

Responsibilities

  • Value Creation Process:
    • Lead and manage the development, execution, and monitoring of the company's value creation strategies.
    • Responsible for ensuring high-quality, timely delivery of initiatives, identifying risks/solutions to the executive team, and maintaining a clear reporting structure.
    • Identify and prioritize value drivers to optimize performance and profitability.
    • Continuously evaluate and refine value creation initiatives to maximize shareholder value.
  • Strategic Planning:
    • Collaborate with cross-functional teams to develop and execute the company's long-term strategic plan.
    • Conduct market research, competitive analysis, and industry trend assessments to inform strategic decision-making.
    • Ensure alignment of strategic objectives with the company's vision and mission.
  • Mergers & Acquisitions (M&A):
    • Coordinate M&A activities with Executive and Board, including target identification, due diligence, and integration planning.
    • Assess potential acquisition opportunities and their alignment with the company’s long-term objectives.
  • Strategic Alliances and Key Partnerships:
    • Support identification and formalizing of strategic alliances and partnerships that support the company’s long-term objectives.
    • Support negotiation and management of key corporate partnership and alliance agreements to ensure achievement of long-term objectives.
Who You Are

Basic Qualifications:

  • Bachelor's degree
  • 5+ years of experience in project or program management
  • 10+ years of general business experience
  • Track record of driving growth and achieving strategic objectives.
  • Proven experience in strategic planning, value creation, and M&A, ideally in a leadership role.
  • Sound understanding of company financial statements and drivers for value creation
  • Legally authorized to work in Canada without company sponsorship.

Preferred Qualifications

  • Bachelor's or Master's degree in business administration, finance, or a related technical field
  • Preference given to candidates with a MBA

Skills

  • A strong bias for action and exceptional negotiation, communication, and presentation skills.
  • Strong analytical skills and the ability to translate data into actionable insights.
  • Demonstrated ability to build and maintain relationships with key stakeholders.
  • Strategic thinker with the ability to anticipate industry trends and market dynamics.
  • A self-motivated individual with a thirst for knowledge that moves fast;
  • Enjoys and contributes to a collaborative culture where nothing is impossible; and
  • Believes in being an ethical and good person, always.

WHY COOLIT?

We strive to be an employer of choice and as such we believe in rewarding our employees with career and development opportunities that will maintain and strengthen our culture while aligning to our vision and values.

  • We are a company that is full of vibrant, innovative people who love what we do. Our comprehensive benefits package includes:
  • Vacation and flex days, and paid company-wide shutdown during the holiday season.
  • Comprehensive benefits including Dental, Drugs, Optical, Paramedical and Health Spending. These costs are covered by CoolIT and are enacted from your first day.
  • Dress for your day – in a casual yet professional environment.
  • Retention rewards like “The Big Coffee Break” that reward tenure with additional vacation time and a monetary bonus.
  • Employee ownership program.

We thank every candidate in advance, however, only those selected for an interview will be contacted. Your resume will be kept on file, and you may be contacted if a future suitable position becomes available.

Successful candidates for this position will be required to undergo background checks including criminal records check and education.