Account Manager - Pharmaceuticals
JOBSUMMARY
Manage and grow a portfolio of customers for the pharmaceuticalbusiness by promoting and selling specialty ingredients, excipients, functionalingredients, additives, APIs, and raw materials. The role focuses on developinglong-term customer relationships, identifying new business opportunities,providing technical and commercial solutions, and achieving sales andprofitability targets.
DUTIES AND RESPONSIBILITIES
Sales and Business Development
- Developand execute territory and account plans to achieve sales revenue, grossprofit, and business growth objectives.
- Identifyand pursue new business opportunities for pharmaceutical industry toexpand the customer base and increase sales.
- Promotethe company's portfolio of pharmaceutical ingredients, specialtychemicals, additives, and functional ingredients to meet customerapplication requirements and generate revenue.
- Buildand maintain a healthy sales pipeline through prospecting, networking, andcustomer referrals to sustain business growth.
- Achieveassigned sales targets, gross margin objectives, and key performanceindicators to support organizational goals.
Account Management
- Buildand maintain strong relationships with purchasing, R&D, qualityassurance, production, and senior management teams to strengthen customerpartnerships and drive business growth.
- Understandcustomers' manufacturing processes, product development goals, andingredient requirements to recommend appropriate solutions.
- Identifyopportunities to introduce new ingredients and improve productformulations to enhance product performance and customer value.
- Conductregular business reviews with strategic accounts to evaluate performanceand identify growth opportunities.
- Resolvecommercial and service-related concerns to ensure high customersatisfaction and retention.
Supplier Relationship Management
- Collaboratewith principal managers to support sales and marketing activities, andbusiness development programs.
- Sharemarket intelligence, customer feedback, and competitive insights tosupport supplier business strategies.
- Supportsupplier growth objectives through market penetration and accountdevelopment to expand business opportunities.
Commercial and Administrative Responsibilities
- Prepare accurate sales forecasts and demand projections to support inventoryplanning and supply chain efficiency.
- Monitor customer purchasing patterns and inventory requirements to ensureproduct availability and optimize sales opportunities.
- Coordinate with Supply Chain and Customer Service teams to ensure timelyproduct availability and on-time deliveries.
- Manage customer pricing, contracts, and account documentation to ensurecommercial accuracy and compliance.
- Monitor customer receivables and support credit management activities toensure timely collections and healthy cash flow.
- Maintain accurate customer records, visit report, and opportunity data inthe CRM system to support effective sales management and reporting.
MINIMUMQUALIFICATIONS
- Bachelor'sdegree in Pharmacy, Chemistry, Chemical Engineering, Pharmaceutical Sciences,Biotechnology, Life Sciences, or a related field.
- Preferablya Licensed Pharmacist
- Minimumof 5 years of experience in B2B sales, account management, or businessdevelopment within the pharmaceutical ingredients, excipients, APIs, specialtychemicals, raw materials, or related industries.
- Experienceselling technical products, pharmaceutical ingredients, excipients, APIs, orspecialty raw materials to pharmaceutical manufacturers, contract developmentand manufacturing organizations (CDMOs), or related customers.
- Experiencemanaging customer accounts, developing customer relationships, and drivingsales growth initiatives.
- Demonstratedability to understand customer requirements, provide product recommendations,and support application development.
- Experiencein preparing sales forecasts, account plans, and business developmentstrategies to achieve sales and profitability targets.
- Strongcommunication, presentation, negotiation, organizational, and analyticalskills.
- Customer-focusedwith the ability to build strong relationships with customers, suppliers, andinternal stakeholders.
- Abilityto work independently, manage multiple priorities, and collaborate effectivelywith cross-functional teams.
- Strongbusiness acumen with a proactive and results-oriented mindset.