Director of Business Development
$150k - $175kHiFyve
HiFyve is hiring a Director of Business Development for an Industrial Manufacturing company! IMPORTANT: Candidates MUST have a strong background in the bearing and/or power transmission industry to be considered for this position. Salary: $150,000-$175,000/year Bonus: 20% STIP Bonus, based on performance Schedule: Days | Full-Time | The role is 100% REMOTE, but you must reside near the Springboro, OH Metro Area Location: Remote, based near Springboro, OH Travel: Yes Benefits: Full benefits package About the Role We are seeking an experienced Director of Business Development to lead commercial growth for a specialized industrial product line. This highly visible position will own business development strategy, customer growth, market expansion, sales-agent leadership, forecasting, and the identification of new product and market opportunities. This role requires someone who understands highly technical industrial customers, applications, and sales channels. A strong background in the bearing and/or power transmission industry is a HARD REQUIREMENT for this position. Candidates without this industry experience will not be considered. Job Responsibilities
- Develop and execute business development strategies to drive revenue growth and market penetration.
- Identify and develop new customers, applications, markets, and business opportunities.
- Build and maintain long-term relationships with key industrial customers and strategic accounts.
- Manage and mentor sales agents while ensuring alignment with commercial goals and growth initiatives.
- Lead sales forecasting, market trend analysis, competitive positioning, and opportunity development.
- Develop customer-specific strategies to increase revenue and expand market share.
- Leverage bearing and/or power transmission industry knowledge to identify customer needs, applications, competitive advantages, and new growth opportunities.
- Partner with internal teams to identify and prioritize new product development initiatives.
- Develop business cases and provide commercial input regarding new products and market opportunities.
- Provide executive leadership with updates regarding sales performance, opportunities, competitive activity, risks, and growth initiatives.
- Represent the organization at conferences, trade shows, customer meetings, and industry events.
- Deliver presentations and technical-commercial discussions regarding products, applications, technology, and industry trends.
- Build brand awareness and credibility with customers, distributors, industry partners, and other key stakeholders.
- Train customers, sales agents, and internal teams on products, applications, and value propositions.
- Develop sales presentations, training materials, and commercial tools to improve sales effectiveness.
- Prepare and manage commercial and marketing budgets in alignment with growth objectives.
- Utilize CRM and other technology platforms to manage customer communications and opportunities.
- Strong, demonstrated experience within the bearing and/or power transmission industry REQUIRED.
- Bachelor's degree in Business, Marketing, or a related field.
- Proven experience in business development, commercial leadership, or sales management within a technical industrial environment.
- Strong track record of generating new business and expanding existing customer relationships.
- Demonstrated ability to lead and develop sales representatives or independent sales agents.
- Strong customer-facing experience with the ability to build credibility and long-term relationships.
- Experience with forecasting, budgeting, market development, and new product development.
- Strong commercial and financial acumen.
- Excellent communication, presentation, negotiation, and public-speaking skills.
- Strong analytical skills and a data-driven approach to decision-making.
- Proactive, results-oriented leadership style.
- Ability to travel up to approximately 30%.
Vacancy posted 5 days ago
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