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Business Development Manager
$126k-167k (estimate)
Full Time 3 Weeks Ago
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Hydro Group Systems Inc is Hiring a Business Development Manager Near Waterford, CT

About Us

Hydro Group Systems Inc is a manufacturer of custom cables, harnesses, electro-mechanical assemblies and industrial panels. We are a turn-key supplier that enables sophisticated designs.

We offer a suite of services from design to selection of components, manufacturing, document and test a broad range of custom interconnect products. Our differentiator, in this very competitive business, is engineering support. We provide years of technical and manufacturing engineering experience coupled with a passion for helping customers “get it right”.

Why HGS Inc? In today’s world, sophisticated customers can demand high quality, 100% on-time deliveries, flexible inventory control programs, continuous improvement and very aggressive pricing. HGS Inc has consistently proven it can meet each of those criteria and be very successful. To further strengthen our competitive position, we offer superb engineering assistance. We will make available years of engineering experience and expertise at every step of the product development cycle that is desired. Product design, component selection, testing procedures and fixture development are all areas we excel in. We can shorten your time to market, reduce engineering changes, and reduce your product development costs.

We are looking for a Business Development Manager to be located at our Waterford, CT office.

Position Summary

HGS Inc is seeking a Business Development Manager to join our team. As a Business Development Manager, you will support and grow our business in the US focusing on Aerospace & Defense (A&D), Oil & Gas and Renewable tier 1 customers. Position responsibilities include all aspects of business development including generating revenue through new opportunities within our current customer base as well as additional new accounts. Candidate must have at least 5-years of success selling electrical components, systems, and or assemblies into various industries (i.e. A&D, Industrial)

The Business Development Manager must have a strong professional network and active relationships within our targeted customer base. He or she must also have a demonstrated record of developing strategic accounts, market development plans, and executing to achieve revenue and profit goals.

Duties and Responsibilities

  • Hunter mentality and self-starter
  • Driving revenue growth in emerging or underpenetrated market segments, application areas, channel partnerships, or geographies.
  • Ability to effectively work with cross-functional teams and across multiple locations.
  • Responsible to establish a strong branding position and revenue base in scope of work over a defined period.
  • Develops high level relationships with strategically impactful customers to grow HGS Inc’s market share.
  • Solicit, validate, and communicate information related to market opportunity sizing, application information, product fit insight, development needs, resource recommendations, and technology/business trends to management and cross-functionally.
  • Develop and present regular revenue forecasting for scope of work (monthly, quarterly, annually).
  • Collaborate internally to develop pricing strategies (price book management), contracts/agreements, and business analytics.
  • Be accountable for the health and development of the new business opportunity pipeline for area of work.
  • Attend and support trade shows, industry conferences, technical symposiums etc. as needed to develop and maintain market knowledge and generate leads.
  • Ability to travel 60-80% of time

Key Competencies

  • Excellent collaborator and relationship builder within all levels of an organization
  • Problem solver who is resourceful and innovative in selling strategies
  • Ability to develop strategy and structure for an emerging or undeveloped market area.
  • Market & prospecting research, data analysis, and strategic planning.
  • Experience in creating, maintaining, and achieving revenue forecasts.
  • Strong technical product and application knowledge

Minimum Qualifications

  • Bachelor's degree in Business, Marketing, Engineering, Engineering Technology, or Industrial Distribution.
  • 5 years of experience in sales selling high value products to end users and OEMs.
  • Experience working with A&D, Oil & Gas and Renewable end user customers.
  • Strong working knowledge of Microsoft Office (Word, PowerPoint, Excel, PowerBI) and CRM systems.
  • Experience building relationships with customers (purchasing and engineering).
  • Willingness to "roll up sleeves" to perform at all levels and assist in areas outside of core responsibilities.
  • Strong written, oral, and presentation communications skills.
  • A self-starter who is detail-oriented and possesses an entrepreneurial spirit

Other Qualifications

  • This role does require travel.

Job Type: Full-time

Benefits:

  • Life insurance

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Bonus opportunities

Travel requirement:

  • Travel

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$126k-167k (estimate)

POST DATE

06/07/2024

EXPIRATION DATE

10/03/2024

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The job skills required for Business Development Manager include Business Development, Presentation, CRM, Prospecting, Microsoft Office, Pricing, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Business Development Manager positions, which can be used as a reference in future career path planning. As a Business Development Manager, it can be promoted into senior positions as a Business Development Manager, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Manager. You can explore the career advancement for a Business Development Manager below and select your interested title to get hiring information.