Business Manager

Responsibilities:

• Create and maintain proper working structure within the organization
• Develop and implement business strategies to drive growth, profitability and increase brand awareness
• Oversee day-to-day operations and ensure smooth running of the business including sales, marketing, finance, and supply chain management
• Prepare periodic business reports and detailed business plans that cover relevant goals and objectives.
• Identify sales leads, pitch products and communicate same to prospective clients and partners
• Oversee sales and inventory management, working closely with the sales team to optimize product assortment and maximize sell-through.
• Lead cross-functional teams to execute marketing campaigns, product launches, and other initiatives to drive brand awareness and customer engagement.
• Perform Human Resources duties to ensure smooth business operations.
• Monitor and evaluate business performance metrics, KPIs, and ROI to measure success and identify areas for improvement
• Analyze market trends, luxury consumer behavior, and competitive landscape to identify new business opportunities and areas for expansion
• Identify bottlenecks in the growth of the company.
• Devise strategic plans to expand sales
• Design and implement strategic plans that expand company’s base and ensure its strong industry presence.
• Build and maintain relationships with key stakeholders, including suppliers, retailers, partners, customers and industry players.
• Monitor and evaluate financial performance, prepare and oversee budgets, and ensure profitability
• Develop and leverage the company’s branding and professional profile
• Perform root cause analysis of potential problems and provide effective resolutions.
• Lead and mentor a team of professionals to ensure business objectives, high performance and productivity
• Develop and deliver pitches and proposals for potential/existing clients
• Monitor and evaluate the performance of the business, making recommendations for improvement as needed
• Manage and optimize product assortment, pricing, and inventory levels
• Monitor and report on key performance indicators to track progress and make data-driven decisions
• Stay informed about industry trends, competitors, and best practices to drive innovation and continuous improvement
• Attend workshops, trade fairs and other industry events
• Ensure strict compliance with company policies in the workplace
• Stay abreast of industry trends, technological advancements, and regulatory changes to inform strategic decision-making and ensure compliance.

Requirements:

• This position is open to a female candidate
• Bachelor's degree in Business Administration, Human Resources, Marketing, Retail Management, or related field
• Close proximity to the Island is preferable
• 35 – 45 years old
• 5 - 7 years of experience in business management, preferably in the premium/luxury fashion space.
• Proven track record of driving business growth and achieving financial targets
• Knowledge of current fashion trends and consumer preferences
• Excellent ability to interpret data to drive business decisions
• Excellent leadership and communication skills, with the ability to influence and inspire cross-functional teams
• Ability to work effectively in a fast-paced environment, adapt to changing priorities and meet deadline
• Strategic thinker with a proactive approach to problem-solving and decision-making
• Familiarity with retail and e-commerce operations, including inventory management and merchandising
• Proven experience in a managerial role within the fashion industry
• Strong business acumen and strategic thinking skills
• Strong network of contacts within the fashion retail sector.
• Proficiency in financial analysis and budget management
• Familiarity with industry trends and best practices
• Proficiency in various MS Office and business management software
• Passion for luxury fashion and a deep understanding of consumer preferences and market dynamics.

Skills:

• Business Planning
• Project Management skills
• Organizational skills
• Tact and diplomacy
• Ability to prepare documents in a professional manner
• Strong Research skills
• Time management skills
• Business Intelligence
• Sales Management
• Ability to effectively juggle multiple tasks/projects
• Marketing skills
• Negotiation skills
• Eloquence
• Emotional Intelligence
• Assertiveness
• Discernment
• Social adeptness

Remuneration: NGN 400,000 net and above