A Senior Key Account Manager is responsible for managing and developing relationships with key customers, typically large retail chains, wholesalers, or distributors while leading a team of Key Account Managers. This role needs to ensure that the company’s products are optimally positioned in the market, achieving sales targets, and contributing to overall business growth.
Responsibilities
- Account Management
- Develop and maintain strong relationships with key accounts, including large retailers, wholesalers, and distributors.
- Act as the primary point of contact for key clients, addressing any issues or concerns promptly.
- Understand the client’s needs and business objectives, and align them with the company’s product offerings.
- Sales and Revenue Growth
- Drive sales growth by identifying opportunities within existing accounts and securing new business.
- Achieve sales targets and key performance indicators (KPIs) as set by the company.
- Negotiate contracts, pricing, and terms of trade with key accounts to maximize profitability.
- Leadership and Relationship Management
- Lead a team of Managers and Executives to build and maintain strong relationships with key clients, stakeholders, and partners.
- Act as the primary point of contact for business development-related inquiries and negotiations.
- Market & Competitive Analysis
- Monitor market trends, competitor activities, and consumer behavior to identify opportunities and threats.
- Provide regular reports and insights to management on the performance of key accounts and market dynamics.
- Product & Promotion Management
- Work with the marketing team to develop and implement promotional strategies that drive product visibility and sales within key accounts.
- Ensure that the company’s products are appropriately stocked, displayed, and promoted in key accounts.
- Inventory & Supply Chain Management
- Coordinate with the supply chain team to ensure that key accounts have the necessary stock levels and that orders are fulfilled efficiently.
- Monitor inventory levels and work with clients to optimize order cycles.
- Reporting & Documentation
- Maintain accurate records of all sales activities, customer interactions, and account management processes.
- Provide regular reports on account performance, sales forecasts, and other relevant metrics to management.
Qualifications
- Education
- Bachelor’s degree in Business Administration, Marketing, or a related field. An MBA or relevant advanced degree is preferred.
- Experience
- Minimum of 5 years of experience in business development, sales, or a related field within the FMCG industry.
- Skills
- Strong understanding of FMCG market dynamics and consumer behaviour.
- Proven track record of achieving sales targets and driving business growth.
- Excellent negotiation, communication, and interpersonal skills.
- Analytical mindset with the ability to interpret data and make data-driven decisions.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and CRM software.
- Ability to work independently and as part of a team.
- Strong project management and organizational skills.
- Strategic Thinking
- Ability to develop and implement long-term business strategies.
- Customer Focus
- Strong dedication to meeting the expectations and requirements of internal and external customers.
- Innovative Mindset
- Ability to generate new ideas and approaches to drive business growth.
- Results-Driven
- Focused on achieving goals and delivering quality results.
- Adaptability
- Ability to adapt to changing market conditions and business needs.