Business Development Manager at Nutun Transact - Gauteng, Sandton - Sandton
Nutun
Main Purpose of Role To achieve Nutun Transact's income and profitability objectives by driving growth in market share by strategically positioning Nutun Transact's platform capabilities and selling its full suite of services to new and existing clients through consultative and solutions based selling techniques. Required Minimum Education / Training BCom degree in Finance or Business. Post-graduate degree is advantageous.- Recognised payment industry certification is advantageous. National Payments System experience or knowledge is advantageous Required Minimum Work Experience Minimum of 6 years sales experience as a "Hunter" with proven track record is a requirement. Minimum 6 years payments industry experience is a requirement. Business Development Management experience within the Payments Industry is advantageous. Subject to the requirements above, experience in payments and receipting management within a business environment is advantageous. Subject to the requirements above, experience in electronic payments and collections process enablement, automation or consulting within a business environment is advantageous Technical and Behavioural Competencies Required Technical: Must be proficient with the following:- Business canvasing / hunting skills Sales pipeline management Sales forecasting skills Negotiation and deal closure skills Good Administration Skills Planning and Organising skills Time management Skills Relationship building and Inter-personal Skills Good problem solving and analytical skills Good verbal communication and writing Skills Articulation skills Financial skills Commercial and business acumen Good Research Skills Strategic Selling and Solutioning Skills Good presentation skills- Computer literacy (High Proficiency): Microsoft Word Microsoft Excel- Microsoft Power Point Microsoft Outlook Behavioural: Willing to travel (national and international) Customer focussed and service orientated Resilient in achieving results Accurate and quality orientated Assertive Reliable Positive, self-starter with strong self-management Strong awareness of responsibility & accountability Reliable and trustworthy Curious and always willing to learn new skills Able to manage and work under pressure Highly energetic and enthusiastic Persuasive and Influencing Target and goal orientated Emotionally intelligent with good social skills Solutions orientated thinker Able to work independently without supervision Intuitive, proactive and action orientated Ethical and values centred Key Performance Areas Strategy Development and Execution Responsible for self-development and obtaining all the necessary knowledge and training needed to enable the effective pitching and positioning of Nutun Transact's services to clients within its target market. Proactively hunting for and canvassing (cold calling) new business to achieve financial targets and growth in market share objectives. Proactively developing and managing target aligned sales pipelines through sales forecasting and pipeline management. Using available tools. keep pipelines, forecasting and activity status reporting up to date and provide monthly progress reporting to management. Ensuring that there is sufficient coverage within sales pipelines to drive client enterprise solutioning and the achievement of target revenues across Nutun Transact's suite of services. To drive sales through a process of consultative solutioning by first gaining a deep understanding of clients' business needs, processes, challenges and requirements and then offering and overseeing the implementation of tailored solutions through an enterprise enabling lens. To gain experience in strategic selling techniques and apply these principles in driving account development strategies. (Example: Miller Heinmann) Remaining up to date with changes within the National Payment Systems and their applicability when providing solutions to clients. Remaining up to date with Nutun Transact's evolving solutions and providing input into Nutun Transact's product enhancement roadmaps based on observed competitor offerings, insights from client need assessments or innovative ideas. Works with and develops extended partnership / referrer networks that could assist Nutun Transact's in increasing market reach or warm leads generation Works closely with management and relevant support functions (product & support) in shaping viable commercial value propositions to support the achievement of strategic business objectives. Develops, collects information, solicit inputs, drafts and prepares business proposals for clients. Provides input in the development and implementation of new business development strategies. Participates in and sometimes leads Business Development strategy sessions with relevant support functions focusing on financial gain, commercial development initiatives and customer satisfaction. Contributes strategically by providing feedback to relevant management forums concerning innovation to enhance service or client value propositions and competitor activity. Determines appropriate sales force planning and execution tactics. Stakeholder Management Leads the development of strong relationships with key customers and maintains excellent working relationships. Ensures that stakeholders are always well informed and establishes a free flow of information. Liaises with potential business partners and negotiates business development contracts in consultation with relevant stakeholders. Evaluates new business development fiscal impacts and liaises with relevant stakeholders to communicate business development decisions. Presents reports and assist the line manager with final decision-making processes. Ensures clients have been fully onboarded and services are billed with assistance from the relevant support areas. Ensures that relationships are maintained and fulfils a strategic relationship role for key accounts. Provides input relating to business development activities and strategies at relevant planning forums Project Management Works with relevant support functions to build a long-term project pipeline. Ensures quick, accurate responses to pre-qualifications and tenders from customers. Leverages pipeline data to identify ways to grow new and existing prospects. In collaboration with relevant support functions, drives the development, maintenance and execution of professional sales presentation decks, business proposal packs, pricing templates and onboarding documentation to ensure a professional client experience. Ensures that revenues are accounted for and that good relationships are maintained. Reviews own performance data to monitor and measure productivity, goal progress and activity levels. Ensures effective and efficient utilisation of resources in achieving plans and objectives. Identifies problems, develops alternatives and recommends courses of action in consultation with line management, through analysis, interpretation and evaluation of issues. Monitors corrective action processes and provides line management with corrective action reports Business Development, Reporting and General Management Compiles, analyses, forecasts and reports on short-, medium- and long-term business prospects and opportunities. Develops proposals and feasibility studies on various potential projects. Ensures that the correct project and departmental information is reported. Ensures on-time and accurate submission of all required reports. Ensures all evidence is collected and filed for auditing purposes and keep records of sales, revenue, invoices etc. Provides feedback to line management regarding services provided to clients. Ensures compliance with policies and practices Promote the company's products/services addressing or predicting clients' objectives Desired Skills: Cold calling payment headhunter lead generation Desired Work Experience: 5 to 10 years Desired Qualification Level: Degree
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