Position type: 1 yr
Job Purpose:
Builds market position by locating, developing, defining, negotiating, and closing business relationships.
Summary:
The candidate is a person who should devote his attention to business development and exploiting the business opportunities that are presented to him and his organization. Business development and making your organization successful is reliant on good knowledge of best practice and management theories.
The business development manager must have considerable sales experience, be an organized and strong negotiator, and be aware of and responsive to economic trends, government policies and currency fluctuations. A university degree in one of the commerce, accounting, economics or business administration streams may prove useful (although not necessary) for entry into the position
The business development manager works to expand a company’s product reach and profit revenues. They do this by identifying new markets and attracting new clients. The business development manager therefore researches new business opportunities, identifies likely sales points, develops strategic plans and sales strategies, and undertakes presentations to and negotiations with prospective customers.
Duties:
• Identifies trendsetter ideas by researching industry and related events, publications, and announcements; tracking individual contributors and their accomplishments.
• Locates or proposes potential business deals by contacting potential partners; discovering and exploring opportunities.
• Screens potential business deals by analyzing market strategies, deal requirements, potential, and financials; evaluating options; resolving internal priorities; recommending equity investments.
• Develops negotiating strategies and positions by studying integration of new venture with company strategies and operations; examining risks and potentials; estimating partners’ needs and goals.
• Closes new business deals by coordinating requirements; developing and negotiating contracts; integrating contract requirements with business operations.
• Protects organization’s value by keeping information confidential.
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Attend workshops, trade shows, and seminars to keep up-to-date on changes in the industry, Network with other small businesspeople; establish a support group
• Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
• Meets financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
Skills/Qualifications:
• The candidate requires BA/BS in a related discipline and/or extensive experience in a relevant field.
• Closing Skills, Motivation for Sales, Prospecting Skills, Sales Planning, Selling to Customer Needs, Territory Management, Market Knowledge, Presentation Skills, Energy Level, Meeting Sales Goals, Professionalism
• 2-3 years Experience in Selling low value, high volume commodities to business
• Good Computer skill and online collaboration capability. Must be comfortable with various online platforms for sales, marketing, collaboration, communication and social networking.
• Project management and planning of projects for tasks, resource allocation and budgeting.
• Good handle of mobile technology and mobile money technologies
• Developing Budgets, Coaching, Supervision, Staffing, Project Management, Management Proficiency, Process Improvement, Tracking Budget Expenses, Self-Development, Planning, Performance Management
Additional Skills/Qualifications:
• Sales experience in financial institution, MFI, SACCO etc is added advantage.
• Passion in Micro-finance and BOP solutions for financial inclusion in Africa
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