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Business Development Specialist

Xenel Industries

Jeddah, Saudi ArabiaSAR 12,500-16,667/moToday
Saudi ArabiaSales & MarketingFull Time

Skills Required

ExcelData AnalysisErpCommunication

Job Description

<div><p>This role is to conduct market research, analyzing data, identifying business opportunities and market trends, and preparing market periodical reports to support strategic decision-making within the organization. Additionally, collaborate closely with business line, legal and management teams to ensure alignment with strategic objectives and regulatory compliance.</p><p><b>Market Research:</b>Conduct comprehensive market research to identify trends, potential clients, competitors, and emerging opportunities. Utilize various data sources and analytical tools to gather relevant insights.</p><p><b>Strategic Analysis:</b>Analyze market data, industry trends, and competitive landscape to identify strategic opportunities for business growth. Provide recommendations and insights to senior management based on the analysis.</p><p><b>Business Planning:</b>Assist in developing business plans and strategies to penetrate new markets, expand existing markets, and achieve revenue targets. Collaborate with cross-functional teams to execute plans effectively.</p><p><b>Financial Analysis:</b>Analyze financial data, including revenue projections, cost analysis, and profitability metrics, to evaluate the financial viability of business opportunities and investments.</p><p><b>Client Relationship Management:</b>Support the business development team in nurturing client relationships, identifying client needs, and proposing tailored solutions to meet those needs.</p><p><b>Proposal Development:</b>Assist in the development of proposals, presentations, and pitch materials for potential clients. Ensure proposals are aligned with the company's strategic objectives and value proposition.</p><p><b>Performance Tracking:</b>Develop and maintain key performance indicators (KPIs) to track the effectiveness of business development initiatives. Generate reports and dashboards to monitor progress and identify areas for improvement.</p><p><b>Cross-functional Collaboration:</b>Collaborate with various departments, including sales, marketing, product development, and finance, to align business development efforts with overall company objectives.</p><p><b>Continuous Learning:</b>Stay abreast of industry trends, market dynamics, and best practices in business development. Continuously seek opportunities to enhance knowledge and skills through training, conferences, and networking events.</p><p><b>Qualifications:</b></p><ul><li>Bachelor’s degree in finance, Business Administration, Economics, or a related field is required.</li><li>Over 5 years’ experience in business development, with a focus on business and financial analysis.</li><li>Proven experience in business analysis, market research, or strategic planning.</li><li>Strong analytical skills with proficiency in data analysis and interpretation.</li><li>Excellent communication and presentation skills, with the ability to convey complex concepts clearly and persuasively.</li><li>Strategic thinker with the ability to identify and prioritize business opportunities.</li></ul></div>#J-18808-Ljbffr