Business Development Manager
Vor 6 Tagen
We’re JTI, Japan Tobacco International and **we believe in freedom**. We think that the possibilities are limitless when you’re free to choose. In fact, we’ve spent the last 20 years innovating, creating new and better products for our **consumers to choose from**. It’s how we’ve grown to be present in 130 countries.
But our business isn’t just business. Our business is our people. Their talent. Their potential. We believe **when they’re free** to be themselves, grow, travel and develop, **amazing things can happen for our business**.
That’s why our employees, from around the world, choose to be a part of JTI.** It is why 87% of employees feel happy working at JTI.** And why we’ve been awarded **Global Top Employer status, eight years running**.
So when you’re ready to choose a career you’ll love, in a company you’ll love, feel free to #JoinTheIdea.
**Business Development Manager**
**Position Purpose**
In BD, we are obsessed with helping make the Corporate Strategy a reality. We are constantly looking at creative ways to grow the top line and improve our productivity across the business in order to accelerate our journey to number 1. But that’s not our only obsession. We are also absolutely committed to developing our talents and accelerate their careers within or outside of the function. Think about us as a “talent accelerator”.
As a Manager you will be involved in every part of a typical BD project, such as: acquisitions or divestitures of existing businesses, participation in privatizations, negotiations of joint ventures, manufacturing or license agreements with 3rd parties (RMC & RRP), assessment of new markets/products opportunities (RMC and RRP), and various internal strategic priority projects. BD Managers will be exposed to working across all functions, and regions as well as the JTI ExCom.
**Responsibilities**
Activities typically performed by Mangers include:
- Business research and financial quantification,
- Financial modeling
- Participation in field visits and meetings with 3rd parties
- Participation in discussions on various commercial aspects of the projects, preparation of internal presentations for senior management,
- Support negotiations of various 3rd party agreements
- Drafting of BAPs, assistance in the overall assessment and coordination of the projects.
- Maintain active awareness of government and competitor strategies
We expect all members of the team (whether ExCom or Manager) to develop their own ideas, challenge each other, while always moving initiatives forward.
**Experience**
The BD team thrives by having a team with diverse experiences. BD projects require great commercial knowledge, an understanding of how value is created, and knowing how to make ideas a reality. As such, as an applicant, it is possible to move to BD from any function. However, the reality is you will also have to be comfortable with being able to understand and interpret financials and key business drivers, given there is quite a lot of financial modeling involved.
A good financial model is built by
- Understanding the commercial levers of a business proposition
- Being able to recognize and account for consumer trends and the regulatory environment
- Understanding or predicting competitor strategies
- Understanding capital structure and investor sentiment
- Wrapping that all together in the financial statements (P&L, Cash Flow, Balance Sheet)
We are open to meet the diverse talent in JTI. History has shown us that the most successful managers come with around 3-5 years of experience in JTI. However, you may have more, or less experiencewe don’t count the yearswe simply seek exceptional ability.
**Skills & Competencies**
Excellent interpersonal, communication and listening skills.
At ease with cross-functional communications with other departments
Excellent organization and project management skills, dealing with imprecise set of data, unreliable sources of information and ever-changing environment.
Self-starter with a focus on delivery.
Fluency in English (written and spoken)
PC literacy in MS Office, with emphasis on Excel for modeling.
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