Business Development Manager (225-722)

The Business Development Manager is a pivotal role within any organization, primarily responsible for identifying new business opportunities and fostering a productive and beneficial relationship with partners and clients. The person in this role helps to drive the company's growth by strategizing to increase revenue targets and expand the company's market presence. They work closely with various departments to ensure seamless integration of client specifications with company offerings. The ideal candidate will possess a strong understanding of the industry, exceptional communication, and negotiation skills, as well as the ability to think strategically. This position requires a proactive, organized, and analytical professional capable of working in a dynamic environment to anticipate the trends and needs of the market.

Responsibilities

• Develop comprehensive plans to identify and pursue new business opportunities effectively.
• Build and maintain long-term relationships with clients, partners, and stakeholders.
• Conduct detailed market research to understand trends and identify new growth areas.
• Collaborate with the marketing team to develop marketing initiatives that attract new clients.
• Prepare detailed business plans that include sales forecasts and budget management.
• Participate in networking events and conferences to promote the company brand.
• Lead contract negotiations to ensure mutually beneficial agreements with new clients.
• Prepare reports and presentations to communicate progress and strategic insights to management.
• Utilize CRM tools to track new leads and monitor customer interactions effectively.
• Provide clear and accurate updates on revenue forecasts and business pipeline progress.
• Train and mentor junior team members to assist in business development initiatives.
• Identify, prioritize, and pursue partnerships that enhance company capability and offering.

Requirements

• Bachelor's degree in Business, Marketing, or a related field is required.
• Proven experience of at least five years in a business development role.
• Strong analytical skills and the ability to interpret data effectively and efficiently.
• Excellent communication and negotiation skills to manage client expectations successfully.
• Proficiency in CRM software and Microsoft Office Suite is essential.
• Demonstrated ability to work under pressure and achieve sales targets consistently.
• Strong organizational skills with an ability to manage multiple projects simultaneously.