Business Manager
Elvira Jude
Management & Business Development
Job Summary
We are looking for a dynamic, experienced and positively driven Business Manager to join our team. The ideal individual will be a strategic thinker, have a strong business acumen, a track record of excellent performance (in fashion business strategy) and leadership, a track record of driving business growth and a firm understanding of the business
- Minimum Qualification : Degree
- Experience Level : Senior level
- Experience Length : 5 years
Job Description/Requirements
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
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