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Vice President of Business Development
✦ New
Salary not disclosed
Position Summary
The Vice President of Business Development is responsible for driving revenue growth by identifying, securing, and expanding new business opportunities. This role focuses on acquiring new accounts, managing and growing relationships with those accounts, and providing leadership with accurate and timely sales reporting. The VP will play a critical role in shaping the company’s growth strategy and expanding its market presence.
Key Responsibilities
- Identifies, pursues, and closes new business opportunities to meet and exceed revenue targets
- Develops and executes strategic business development plans aligned with company goals
- Builds, manages, and maintains long-term relationships with all accounts personally originated
- Serves as the primary point of contact for key clients, ensuring high satisfaction and account retention
- Collaborates with internal teams (operations, finance, marketing, and leadership) to ensure successful onboarding and delivery for new clients
- Prepares, analyzes, and presents detailed sales reports, forecasts, and pipeline updates to senior leadership
- Tracks market trends, competitive activity, and industry developments to identify new opportunities
- Represents the company at industry events, conferences, and networking functions
- Negotiates contracts and pricing in line with company guidelines and profitability goals
Qualifications and Experience
- Bachelor’s degree required; MBA or advanced degree preferred
- Minimum 7-10 years of experience in business development, sales, or a related role within the Nutraceutical contract manufacturing industry
- Proven track record of successfully bringing in and growing new accounts
- Strong existing industry relationships and ability to open doors at a senior level
- Demonstrated experience managing client relationships from acquisition through long-term retention
- Excellent negotiation, presentation, and communication skills
- Strong analytical skills with experience preparing sales reports, forecasts, and performance metrics
- Self-motivated, results-driven, and comfortable working independently at a senior level
- Position requires travel based on business needs
Required Skills
- Strategic thinking and revenue-driven mindset
- Relationship-building and client management expertise
- Strong organizational and reporting skills
- Leadership presence and executive-level communication
- Ability to thrive in a fast-paced, growth-oriented environment
Not Specified
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