Key Account Manager

Key Account Manager page is loaded Key Account Managerlocations: Jeddahtime type: Full timeposted on: Posted Todaytime left to apply: End Date: November 17, 2025 (17 days left to apply)job requisition id: 556634 Job TitleKey Account Manager Job Description Job title: Key Account Manager Your role: We are seeking a highly strategic and commercially minded Key Account Manager to manage and grow our key retail partnerships. The ideal candidate will have a proven track record in the FMCG sector, with strong negotiation skills, excellent business acumen, and the ability to build and maintain long-term relationships with senior stakeholders. Leads the development and execution of strategic account plans for high-value clients, ensuring alignment with overall business objectives and driving long-term growth for the company. Serve as the main point of contact for key accounts, ensuring long-term partnership and fostering relationship and satisfaction. Develop and implement annual business plans aligned with Philips sales and marketing strategies Ability to Negotiate and Sign off Annual JBPs aligning with organization sales and marketing objectives Drive revenue growth, market share, and profitability within assigned accounts. Lead annual negotiations on commercial terms, pricing, and promotional mechanics to ensure profitability and sustained growth. Lead contract negotiations, pricing strategies, and promotional agreements. Manage sales forecasts, budgeting, and reporting to ensure accurate and strategic planning. Work closely with Cross Functional Teams such as Marketing, Supply Chain & Finance to deliver customer-centric solutions. Ensure customer data & historical data is complete in terms of plan, feature, flyer & instore, budget, offers, discounts, off take, spend, inventory etc. Translate the marketing plans into commercial proposals for the assigned customers and activities for each of the customer channels into sales forecasts Closely monitor the field execution of the agreed channel plans with regards to visibility, price and promotions. Conduct regular marketing visits to Monitor market trends, in-store competitor activity, and consumer insights through regular market visits to identify opportunities. Assess in-store merchandising and promotors capabilities and provide operational direction to ensure instore execution fundamentals are implemented. Ensure In store availability and visibility as per channelized of Product Range Manage trade marketing budgets and promotional spending with a strong return-on-investment (ROI) mindset. Prepare regular sales forecasts, budget plans, and performance reports for internal and external stakeholders Co-ordinate with internal & external stakeholders & finance team to process all the customer claims submitted to ensure smooth financial process. Ensure that rebate, compensation and incentive budgets are controlled and tracked as per the agreed plans Develop the functional elements of the contracts, coordinate quarterly monitoring and ensure prompt processing of rebate payments Analytical Skills: Strong financial acumen and the ability to analyze sales data, market insights, and promotional effectiveness. Communication: Excellent verbal and written communication skills for building relationships and presenting information. Interpersonal Skills: Natural relationship-builder with a customer-centric approach. Technical Skills: Proficiency with CRM software (e.g., Salesforce), Microsoft Office Suite (especially Excel), and sales forecasting too You're the right fit if: Bachelor's / Master's Degree in Business Administration, Marketing, Sales or equivalent. Minimum 5+ years of experience with Bachelor's in areas such as Account Management, Client Relationship Management, Partner Sales Operations, Sales Operations, Business Development or equivalent. Preferred Industry - FMCG/Beauty & Personal Care/ Consumer Electronics & Appliances. Languages: Proficient in English & Arabic Negotiation: Exceptional negotiation, persuasion, and influencing skills, with a track record of achieving mutually beneficial outcomes. How we work together We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company's facilities. Field roles are most effectively done outside of the company's main facilities, generally at the customers' or suppliers' locations About Philips We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others. • Learn more about . • Discover . • Learn more about . If you're interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care .At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people's health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life.For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 countries globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health.Together, we deliver better care for more people because we believe that every human matters. That's why we're taking steps to create an environment where we acknowledge and embrace our differences and uniqueness and listen to and value each other's views. When people feel cared for and listened to, they bring their best qualities to work, leading to better collaboration, communication, innovation and success. It is the policy of Philips to provide equal employment and advancement opportunities to all qualified employees and applicants for employment without regard to race, color, religion, sex, pregnancy/childbirth or related medical conditions, age, ethnic or national origin, sexual orientation, gender identity or expression, physical or mental disability, genetic information, citizenship status, veteran or military status, marital or domestic partner status or any other characteristic protected by law. As an equal opportunity employer, Philips is committed to fostering a culture where all are treated with respect and professionalism. To ensure reasonable accommodations for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974 and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact , option 5, for assistance. Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.