Head of Sales at ARM Life Plc

ARM Life is the Insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the management of quoted equities and fixed income securities.

We are recruiting to fill the vacant position below:

Job Title: Head of Sales

Location: Nigeria
Job Type: Full-Time

Job Summary

• Define and implement the sales and marketing strategy for the country operations.
• Principal Duties and Responsibilities

Main Responsibilities

• Set overall strategy for sales and marketing of individual projects (which channels to use, lead management, etc) with senior management
• Define the target customers’ segmentation
• Incorporate market and competitor knowledge into sales strategies including pricing structure and product positioning through internal and external sources
• Represent the company at various networking and/or business meetings to promote company projects
• Define themes of overall capability building programs for external brokers and internal sales staff
• Carry out target setting process for sales staff yearly
• Design and implement marketing campaigns for individual project in partnership with marketing office at HQ
• Recruit and manage external sales agents
• Evaluate market research, monitor competitor products, sales and marketing activities, and adjusts marketing strategy to meet changing market and competitive conditions
• Report sales and marketing operations to senior management
• Develop and nurture business relationships that will increase Mixta's profile and market reach
• Ensure recruitment, training and retention of a well-trained and motivated sales force

Key Deliverables:

• Sales and Marketing Plan: Defined customer segments, value proposition for each segment, sales channels, pricing, promotion and sales targets
• Monthly Sales and marketing report: Articulates actual vs sales targets as well as ongoing challenges and corrective actions that need to be taken

Key Decision Rights:

• Sales channels
• Sales target
• Target customers
• Pricing and product positioning

Time Allocation:

• Sales: 85%
• Marketing:15%

KPIs:

• Total annual sales – Indicator is the overall sales of properties. This will be scored by calculating the percentage difference as compared to the targets for the progress of sales as set by leadership beforehand. The larger the negative difference between the target and the actual result, the lower the score. (40%)
• % late collections – Indicator will ensure that the sales staff will not only focus on seeking customers to purchase units, but also to ensure that the customers will follow-up with payment. This will be scored by the total number of late collections (e.g., delayed payments, etc.) from committed sales. The higher the number of late collections, the lower the score.(15%)
• Total spend to remain within marketing budget - Indicator ensures budget discipline, to make sure that the department sticks to its budget. This will be scored by the deviation of the total spend from the target budget. Anything below budget will be scored perfectly, the larger the spend above the budget, the lower the score (8%)
• Local/ brand awareness (survey of target segments) - Indicator measures the success of marketing efforts for both local and international customer segments This should be scored by surveying target segments to rate their awareness on a scale of "Never heard of" to "Trust and will consider buying". Mixta should consider partnering with an independent research company to obtain results from key target segments (7%)
• Quality of collaboration with External Sales Agents: Assessing level of quality in recruitment, communication and coordination of external sales agents (10%)
• Competitive share - measures the amount of sales that Mixta gets compared to its competitors This is measured by the total annual property sales contract value compared to the top three developers in country. The larger the negative difference against the set target, the lower the score. (5%)
• Number of sales force attending capability-building program – Indicator allows leadership to focus on encouraging and implementing capability programs to its sales staff. This will be scored by a higher score for more of the internal sales staff attending the training (5%)
• Direct report feedback-The annual average rating from 180-degree surveys launched to direct reports (10%)

Experience and Education

• University Degree (or equivalent), preferably in Marketing or Business Administration with marketing/sales focus
• Significant experience (including >7 years in a managerial position) in real estate sales, ideally in local market

Skills:

• Excellent understanding of real estate market and customer needs
• Good knowledge of local real estate market and consumer segments
• Knowledge of project finance
• Strong grasp of the country’s market
• Experience developing sales and marketing strategies
• Experience in real estate marketing

Application Closing Date
26th August, 2017.

Method of Application
Interested and qualified candidates should:
Click here to apply online