Business Development Manager

Midis Group; Riyadh; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Business Development Manager to spearhead growth initiatives and identify new market opportunities. In this pivotal role, you will research and analyze market trends, forge relationships with stakeholders, and lead strategic projects from inception to implementation. Your expertise in financial analysis and negotiation will be crucial in assessing the feasibility of potential projects and driving revenue growth. If you are passionate about business development and eager to make a significant impact, this opportunity is perfect for you.

Qualifications

• 7+ years of relevant experience in business development.
• Strong analytical skills with a focus on financial impacts.

Responsibilities

• Identify and negotiate opportunities for business expansion.
• Conduct business reviews to assess operational effectiveness.
• Prepare presentations on new business development opportunities.

Skills

Business Development

Market Analysis

Negotiation

Financial Analysis

Stakeholder Management

Education

Bachelor's degree in Business Administration

Job description

Job Title
Business Development Manager

Job Scope

The Business Development Manager is accountable for researching and identifying new opportunities to grow, develop business and propose new potential deals while leading on projects from introduction to implementation. S/He studies financial impacts, reviews the organization positioning, analyzes market trends and forges strong relationships with internal and external stakeholders.

Main Duties and Responsibilities
Talent and Development

• Identify, secure and negotiate opportunities for expansion and growth through research, field visits and outsourced services


• Detect new markets and market needs to grow business and sales promoting the company services in areas such as data center and network infrastructure, business continuity, disaster recovery, information and Cyber Security


• Conduct business reviews to identify strengths and weaknesses and evaluate operational effectiveness


• Oversee and coordinate the progress of all strategic projects, identify room for improvement and system enhancements


• Prepare presentations on new projects and business development opportunities


• Anticipate market evolutions and competitors’ activities and suggest solutions based on emerging trends, expansion opportunities, competitive threats and viability of business partners


• Ensure that all financial performances are in correlation with the yearly budget and in alignment with the strategic business goals


• Prepare financial simulations to assess the feasibility and profitability of potential projects


• Identify, initiate and develop contacts with strategic business partners and potential clients generating revenues and attracting partnerships


• Draft agreements with potential partners ensuring adherence to law-established rules and guidelines


• Provide after-sales support on a regular basis

Talent Development

• Lead and coach the team cultivating empowerment and ownership


• Develop capabilities and secure a solid succession plan


• Conduct regular performance reviews, identify training needs and oversee development plans.

Position Requirements

Education

Bachelor’s degree in Business Administration or any other related field.

Experience

At least 7 years of relevant experience.

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