Business Development Manager – Commercial & Merchant Growth at pycs
--Powermax General Electrical Merchants Ltd--
Job Description
- The Business Development Manager is responsible for driving revenue growth through new business acquisition, strategic partnerships, merchant growth, and market expansion for the Company's payment and software solutions.
- The role owns the commercial lifecycle from lead generation and deal closure through merchant onboarding, activation, transaction growth, and retention, while providing direction and support to Business Development Executives.
- The ideal candidate is an experienced fintech/payments business developer with strong commercial relationships, an active professional network, and a proven ability to originate and close business.
Job Industry
Business Development, Sales, Marketing and Retail
Job Salary Currency
Job Salary Fixed
NoKey Deliverables
- Develop and execute business development strategies aligned with the Company's revenue, growth, and market expansion objectives.
- Own and deliver monthly and quarterly revenue targets for assigned products, markets, and accounts.
- Generate and convert new business through networking, referrals, partnerships, prospecting, market research, and other outbound channels.
- Build and maintain relationships with merchants, corporates, banks, fintechs, SACCOs, remittance companies, and other strategic partners.
- Manage the full sales cycle from prospecting and qualification through proposal, negotiation, contracting, onboarding, and activation.
- Identify and close strategic partnerships that create measurable revenue or transaction opportunities.
- Grow the performance of acquired merchants by driving activation, transaction volumes, retention, and reactivation of inactive merchants.
- Maintain a healthy and accurate sales pipeline and ensure all opportunities and activities are properly recorded in the CRM.
- Work closely with Operations, Compliance, Finance, and Technical teams to ensure smooth and compliant onboarding and implementation.
- Provide coaching and commercial direction to Business Development Executives and support achievement of team targets.
- Monitor sales and merchant performance, identify gaps, and take corrective action where targets are not being met.
- Provide weekly reports on pipeline, revenue, new business, merchant activation, transaction performance, and key risks.
- Ensure all business development activities comply with Company policies, regulatory requirements, and approved commercial processes.
- Perform any other duties reasonably assigned by management that are consistent with the role and the Company's business objectives
Key Performance Indicators
- Revenue & New Business: Revenue achieved against target and value of new business generated.
- Merchant Acquisition & Growth: New merchants acquired, activation, transaction growth, retention, and reactivation.
- Sales Effectiveness: Qualified self-sourced opportunities and lead-to-deal conversion.
- Pipeline Management: Pipeline value, quality, and CRM accuracy.
- Strategic Partnerships: Partnerships and opportunities contributing to revenue or transaction growth.
Essential Qualities
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Key Competencies
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Application Process
Close Date
15/09/2026