Business Development Manager
- Job Type Full Time
- Qualification BA/BSc/HND , MBA/MSc/MA
- Experience 5 – 7 years
- Location Lagos
- Job Field Sales / Marketing / Retail / Business Development 
Job Summary
- Identifies and develops new business opportunities for the company in the library and gallery sectors. Build strategic partnerships to expand the company’s presence. Utilizes market insights to position as a leading provider. Focuses on innovation and growth for long-term success. Develops and implements comprehensive business plans to achieve revenue and growth targets.
Essential Job Functions
- Conducts thorough market research to identify trends, opportunities, and potential clients in the library and gallery sectors (both online and the physical space).
- Analyses competitor activities and market dynamics to develop effective business strategies inclusive of an online marketing strategy.
- Develops and implements comprehensive business plans to achieve revenue and growth targets.
- Collaborates with cross-functional teams to align business development strategies with overall company goals.
- Builds and maintains strong relationships with key clients, libraries, galleries, cultural and legal institutions.
- Works closely with clients to understand their needs and provide tailored solutions that align with the company’s services.
- Identifies and pursues strategic partnerships with libraries, galleries, and related organizations to enhance the company’s service offerings.
- Negotiates and finalizes partnership agreements to maximize mutual benefits.
- Leads the sales process, from prospecting to closing deals, to meet or exceed sales targets.
- Develops and delivers persuasive presentations to potential clients showcasing the value of the company’s library and gallery services.
- Works closely with the finance team to develop and manage budgets related to business development activities.
- Monitors expenses and ensures cost-effective strategies are implemented.
- Performs other responsibilities as assigned by the board.
Work Experience:
- 5 – 7 years of experience in business development, preferably in library, gallery, cultural, or legal services with a proven track record of success.
- Ability to write code or short automation scripts for spreadsheet reports would be an added advantage.
Education Qualifications
- Bachelor’s Degree in Business Administration, Marketing, Library Science, or a related field from a reputable university.
- Master of Business Administration is an added advantage.
Technical Requirements:
- Strong understanding of library and gallery operations, trends, and challenges.
- Proficiency with the use of Microsoft Office 365 and Cloud applications and CSM software such as WordPress, Wix, Drupal, Joomla.
- Good understanding of cloud storage and file sync tools such as Google Drive Sync, Microsoft One Drive, or SharePoint Online.
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Method of Application
Job Summary
- Provides strategic direction with regard to the financials of the company, managing financial activities to ensure compliance and fiscal health.
- Responsible for financial planning, budgeting, forecasting, financial analysis, and optimization of the company’s financial performance.
- Ensures accurate and timely financial reports are provided, adherence to accounting standards, and providing financial results to the executive leadership team and relevant stakeholders.
- Manages financial risks, implements effective cash management strategies, ensures remittance of relevant taxes as at when due, and coordinates internal and external audits.
Essential Job Functions
Accounting:
- Generates organization-wide financial statements.
- Ensures the general ledger, subsidiary ledgers, and other financial records and schedules are accurately maintained.
- Maintains procedures to establish control and reporting of cash transactions, working floats, petty cash, etc.
- Supervises and ensures successful tax filing and annual returns to regulatory bodies.
- Provides analysis of budgets and cash flow schedules and computes related reports including projected profit & loss, balance sheet, cash flow statements, and budget performance across individual projects.
- Monitors and manages all expenses within the allocated budget.
- Manages accounts receivables across each business segment.
- Tracks invoices from clients in conjunction with the commercial department.
- Provides accounting support to the other business units.
Finance:
- Analyses business operations and market trends to project future revenues and expenses.
- Makes recommendations on investment opportunities and strategies for business growth.
- Drafts and designs financial strategies to minimize financial risk.
- Conducts, reviews, and evaluates cost reduction opportunities and drafts long-term business plans based on these reports.
- Evaluates and implements internal control structure and identifies ways to improve financial efficiency.
- Ensures that the organization is compliant with statutory bodies.
- Provides recommendations to management on weaknesses and strengths of the organization by carrying out business analysis.
- Prepares monthly, quarterly, and yearly management and financial reports for the organization.
- Prepares external reports to be shared with commissions and regulatory bodies on the financial status of the organization and shares with management for approval.
- Leads the budget development for the company yearly.
- Advises managers on current budgetary information and assists in developing fiscal strategies aligned with organizational goals.
- Develops appropriate KPIs to monitor and drive financial performance for the organization and shares with management for approval.
Leadership:
- Coordinates, directs, and supervises the day-to-day activities of the department and ensures alignment with the overall goals and objectives of the department and the company.
- Oversees the review and articulates the company’s finance and accounting strategy to ensure alignment with the corporate strategies, business goals, and objectives.
- Demonstrates ownership of and communicates the department’s strategic direction and objectives to all staff in the department.
- Provides leadership and strategic direction to the members of the finance and accounting department to facilitate the achievement of the department’s targets.
- Institutes policies and procedures capable of protecting business resources against waste, fraud, and inefficiency.
- Maintains an effective involvement and understanding of the business to contribute to key business decisions within the company through financial advice and expertise.
- Provides support, service, and advice in all finance matters to the company’s leadership team.
- Performs other tasks as assigned by the CEO.
Education Qualifications
- Bachelor’s Degree in Finance, Accounting, or related discipline from a reputable and accredited university.
- Masters/MBA is an added advantage.
- Professional certification in at least one of the following – ICAN, CFA, CITN, ACCA, ACA is required.
Work Experience:
- 5 – 7 years’ of experience in finance and accounting.
- Experience in the energy industry is an added advantage.
Knowledge Requirements:
- Proficient in the use of Microsoft Office tools.
- Proven competency in managing teams to achieve business objectives.
- Extensive financial and accounting knowledge, including in-depth understanding of finance best practices, and international and Nigerian financial and accounting reporting standards.
- Knowledge of International Financial Reporting Standards (IFRS).
- Good understanding of financial trends and marketing patterns.
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