Business Development Manager

2 - 5 years

2 - 5 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

  • Business Strategy & Growth:

  • Develop and implement business development strategies to grow the firm's client base and market presence.
  • Identify new opportunities in the HR services sector, including recruitment, talent management, workforce solutions, and employee engagement.
  • Drive new business by targeting key industries, building a robust sales pipeline, and achieving sales targets.
  • Analyze market trends, competitor offerings, and client needs to create tailored proposals and solutions.
  • Client Acquisition & Relationship Management:

  • Establish and maintain strong, long-term relationships with senior decision-makers in client organizations.
  • Understand client needs and provide them with customized HR solutions to address challenges and improve organizational performance.
  • Negotiate contracts and service agreements, ensuring mutually beneficial terms for both the client and the firm.
  • Engage with existing clients for repeat business, upselling, and cross-selling additional HR services (e.g., recruitment, employee development, payroll services).
  • Sales & Revenue Targets:

  • Meet or exceed set revenue targets and KPIs through active lead generation, networking, and sales presentations.
  • Prepare and present detailed business development proposals and presentations to potential clients.
  • Track sales performance and report regularly to senior management on results, challenges, and future opportunities.
  • Market Research & Industry Knowledge:

  • Conduct research to identify emerging trends, market opportunities, and new services that can be offered to clients.
  • Stay up to date with industry trends, including talent acquisition, recruitment technologies, HR analytics, and other HR-related innovations.
  • Attend industry conferences, networking events, and business forums to expand the firm's visibility and engage with potential clients.
  • Collaboration with Internal Teams:

  • Work closely with the recruitment, talent management, and HR consulting teams to understand service offerings and ensure alignment between sales and delivery teams.
  • Provide feedback to internal teams regarding market demands, client requirements, and service gaps.
  • Coordinate with marketing teams to develop promotional materials, campaigns, and content aimed at generating leads.
  • Proposal Development & Negotiation:

  • Develop and present compelling business proposals and presentations to potential clients.
  • Lead negotiations with clients to close deals while ensuring compliance with the firm's pricing and terms.
  • Monitor contract progress and follow up with clients to ensure smooth onboarding and service delivery.
  • Customer Success & Retention:

  • Ensure high client satisfaction by acting as the main point of contact, addressing concerns, and ensuring that service delivery meets or exceeds expectations.
  • Build client loyalty through excellent customer service, timely resolution of issues, and regular performance reviews.
  • Work on improving client retention rates through personalized engagement and follow-ups.

Required Qualifications:

  • Bachelor's degree in Business Administration, Human Resources, Marketing, or a related field.
  • Proven experience (5+ years) in business development, sales, or client acquisition, ideally within an

    HR firm

    or HR services industry.
  • Strong understanding of HR services, including recruitment, staffing, talent management, training, and employee engagement.
  • Excellent communication, negotiation, and interpersonal skills.
  • Strong analytical and problem-solving abilities with the ability to tailor solutions to clients HR needs.
  • Ability to manage multiple projects, prioritize tasks, and meet deadlines in a fast-paced environment.
  • Proficiency in CRM tools (e.g., Salesforce, HubSpot) and MS Office suite.

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