The Key Accounts Manager is responsible for managing and nurturing relationships with the company’s most important clients. The role involves understanding client needs, developing long-term partnerships, driving revenue growth and ensuring excellent customer satisfaction.
Duties and Essential Job Functions
1. Account Management
- Serve as the primary point of contact for key clients, maintaining strong, long-term relationships.
- Understand each client’s business model, objectives, and challenges to offer tailored solutions.
- Regularly communicate with clients to assess satisfaction and identify opportunities for growth.
- Develop strategic account plans that align with client goals and company objectives.
2.Key Account Receivables Management & Credit Control
- Accountable for managing and collecting outstanding receivables from assigned key accounts
- Ensuring adherence to agreed credit terms
- Obtain balance confirmations and account statements for reconciliation
- Facilitating effective coordination between the client’s team and the finance department.
3. Business Development
- Identify new business opportunities within existing accounts to increase revenue.
- Collaborate with the sales and marketing teams to develop tailored proposals and persuasive presentations.
- Negotiate contracts and close agreements to maximize profits while ensuring client satisfaction.
- Conduct market research to identify trends, competitive threats, and client needs.
4. Coordination and Collaboration
- Work closely with internal departments (sales, marketing, finance, operations, and customer service) to ensure smooth delivery of products and services.
- Act as a liaison between the client and internal teams to resolve issues promptly.
- Coordinate with product development teams to provide client feedback and influence new product features or services.
5. Performance Monitoring and Reporting
- Track key account metrics (sales growth, profitability, etc.).
- Prepare regular reports and forecasts for management review.
- Monitor contract compliance and ensure timely renewals.
- Use CRM systems to maintain accurate records of account activities and progress.
6. Customer Relationship Management
- Organize regular business reviews and strategic meetings with clients.
- Develop client loyalty programs or initiatives to strengthen relationships.
- Manage customer escalations and ensure quick and effective resolution.
7.Attend training and seminars to upgrade the knowledge.
Qualifications & Requirements:
- Educational Qualification:
- Bachelor’s degree in business administration, Marketing, Sales, or a related field.
- MBA or relevant postgraduate qualification (preferred).
- Professional Experiences:
- Minimum 3–7 years of experience in Key Account Management, Sales, or Business Development.
- Proven track record of managing large or strategic client accounts.
- Experience in the same industry or a related sector is an advantage.
- Competencies:
- Digital Sales Tools Proficiency (e.g., analytics dashboards, BI tools)
- Strong interpersonal, negotiation, and communication skills.
- Excellent organizational and multitasking abilities.
- Analytical and strategic thinking.Proficiency in CRM software (e.g., Salesforce, HubSpot, Zoho).
- Understanding of Credit Terms & Policies
- Ability to conduct Proactive Receivables Monitoring
- Maintain Reconciliation & Documentation Accuracy
- Ability to build rapport and trust with clients.
- Goal-oriented and self-motivated.
- Strong presentation and problem-solving skills.
- Emotional Intelligence
- Project Management Skills
- Negotiation Strategy
- Language: English and Arabic