Key Accounts Manager
Job Location: UAE
Posted date: 21 Nov 2023
Educational Qualification: Bachelor's Degree/ Equivalent
Experience required: 5 Years of Key Accounts in the FMCG industry
Preferences: Modern Trade
Apply NowJob Description
Key Dimensions and Related Job Results
- Achieve sales volume, value, and market share targets.
- Negotiate and finalize all Business Development Agreements (BDAs) by the end of March each year after winning in each BDA.
- Ensure in-store mirroring of all BDAs, resolving gaps if any.
- Negotiate Share of Shelf (SOS) based on market share as a minimum.
- Achieve targeted spends by maximizing return on investment (ROI) in every investment.
- Align negotiation and BDA strategies with our brands and principals.
- Collaborate closely with sales and merchandising teams to ensure execution excellence.
- Map distribution by SKU/account to minimize lost sales.
- Maintain structured and frequent interfaces with sales managers to highlight gaps.
- Develop a robust activation calendar in coordination with the sales team and trade.
- Monitor competition closely and share market feedback.
- Analyze performance and provide actionable feedback to the team.
- Proactively use ACN audit reports to enhance outputs in every assigned Key Account.
- Lead and close all accounts receivable elements with every customer within one week of the payment receipt date.
- Conduct quarterly business reviews with trade partners.
- Ensure all trade spends are pre-approved and authorized in writing.
- Adhere to all internal and external Standard Operating Procedures (SOPs) regarding the control and spend of all trade budgets to avoid overspending.
- Lead, develop, train, and manage a team of direct reportees.
- Record minutes of every productive/formal meeting with principals and customers, circulating the same promptly with relevant contact points both internally and externally, and following up on all agreed action points.
- Allocate 70% of time to trade-related activities.