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Business Development Manager

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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