Houston, Texas, United States
Houston, Texas, United States
Skills: Business Development
Experience: 2 + Years
Education: High School/Secondary
Employment Type: Full Time Salaried Employee
Location: Houston, Texas, United States
In order to apply for this position, applicants MUST meet the following criteria. If your resume does not match these criteria, you will not be able to apply for this position.
Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 90 countries and has a network of approximately 1,000 locations, including manufacturing, service, research and development, and training facilities and employs approximately 29,500 people. For more information, visit www.weatherford.com and connect with Weatherford on LinkedIn , Twitter , YouTube and Facebook .
Weatherford delivers innovative technologies and services designed to meet the world's current and future energy needs in a safe, ethical, and sustainable manner. Grounded by our core values and inspired by our world-class people, we are committed to being a trusted business partner to those we serve.
The Business Development Manager is responsible for generating leads in and creating opportunities to serve new accounts that Weatherford has not served in the previous two years. They will develop a target, revenue and EBITDA forecast, and pool of potential customers in collaboration with their Sales Leader and will be responsible for driving the entire sales cycle from initial customer contacts to close of sales. They will provide an initial plan for new customer research, contact, and retention within the first sixty days in the role and subsequently will develop a min 5-10 detailed Account Plans with client expenditures and revenue/margin projections within 60 days after approval of the initial plan. Progress against both plans and their targets will be reviewed quarterly.
The role is supported by Technical Sales resources within the Sales function to ensure the effective & efficient delivery of all sales processes including; support for client engagement opportunities, opportunity management, contract handover and management of contract review processes. Through liaison with their respective GBM's they shall identify strategic business opportunities for introducing new technologies, products and services and bundling models to their customers. They are accountable for being familiar with the full range of Weatherford products and services and identifying client needs that Weatherford can fill. Since their focus will solely be on new accounts, they will have wide latitude to pursue new and creative strategies to win customers.
DUTIES & RESPONSIBILITIES:
Maintain safety as a first priority when working across all areas of the business
Uphold exemplary business principles in accordance with the FCPA and Weatherford overseas trade compliance policies, setting standards of behavior and performance
Maintain the highest standards of corporate governance, ensuring that all commercial activity is carried out ethically and in compliance with Co policies, relevant laws, regulations, standards and industry practices
Use market research and relationships within industry to select key new customer targets & maintain list of potential clients, contact status, and target revenue/margin in SFDC. Identify key decision makers and set up meetings through cold calls, networking and conferences. Assess Revenue & Margin prospects against C criteria
Provide Account Plan in SFDC, communicating the plan to all stakeholders, planning resources & activities to achieve the Plan's annual performance
Adopt and drive consistent & effective use of Technology (SFDC, XAIT-Porter)
Oversee the tender development and response process, ensure all resources are available for highest quality tender submissions via the tender management process
Take leadership role in developing proposals for prospective customers
Address budget considerations for proposals as well as addressing technical specifications with the client in conjunction with technical sales
Lead negotiations in conjunction with Sales VP/Director and Technical Sales, inc; contract extensions ensuring SFDC is kept up to date as well as liaise with legal as necessary for drafting
Assemble and disseminate market intelligence including gathering client feedback
Once notified by client of results of the tender process the role is accountable for arranging a debrief in the event of a loss or advising key stakeholders in the event of a win including updating SFDC
Arrange and facilitate a contract handover meeting with key stakeholders and generate a contract summary sheet
Reviews contract performance and brings all relevant matters before management
Provide suggestions to management on process for maintaining account revenue and margin in subsequent years/contracts either through continued engagement or through leading transition to regular account manager
Reach out to and follow up consistently with 5-10 prospective clients within 6-month time frame
Understand potential customer needs and areas where Weatherford products and services can fit, subsequently tailors service offering to meet or exceed their requirements
Persistent and positive in communicating Company's unique ability to deliver value proposition for clients
Demonstrate comfort with flexibility and experimenting with new approaches to engage clients
Deliver presentations to clients and participates in relevant industry forums/ marketing events
Hold pre-sales meetings and demonstrations and pull in relevant members of the Weatherford organization (leadership, operations leads, technical sales, etc.)
Lead and manage client commercial arrangements to ensure best value and long-term viability
Manage client's expectations as well as problem job communication and agreement
Accountable for communicating with the client whether the Company intends to participate in tender process
Facilitate close of contract with key stakeholders and client
Generate revenue, gross margin & EBITDA targets through the account plans & have quarterly reviews with Sales VP/Dir
Accountable for finalizing the Upsell Plan as per the bid strategy
Participate in final pricing and term negotiations to close sales
Accountable for action to identify and address revenue and margin gaps for the year to ensure target achievement
Evaluate sales opportunities via the Technical Sales personnel
Ensure all Commercial processes are applied through TPMS to maximize efficiency of pricing & tendering
Maintain awareness of Company's policies on performance management
Undertake necessary Sales and PL training to enhance their process excellence and ability to improve sales growth via x-PL opportunities
Share best practices with other Sales Hunters and Account Managers within organization
Entry level should have a minimum of 5 years industry experience in a combination of field and shore-based sales / technical support roles
If not degree educated then candidates should have at least 7 years industry experience.
If the candidate is new to the industry then they must be able to demonstrate at least 7 years successful sales background
All candidates should be able to demonstrate that they are commercially astute and have a good understanding of tenders, contracts, negotiations, high margin / profitability achievement as well as the requirements for high quality customer service
Candidates should be prepared to provide concrete examples of their approaches and results for winning new business and new customers within previous sales roles
Degree educated in relevant oilfield or business discipline
POSITION SPECIFIC DETAILS
Weatherford offers competitive compensation and benefits upon hire; including paid vacation to start, matching 401K program, comprehensive benefits program, and employee stock purchase program (ESPP) and opportunities for on-going training and career development. VEVRAA Federal Contractor - Priority Referral Requested
Weatherford is an Equal Opportunity Employer Females/ Minorities/ Veterans/Disabled and gives consideration for employment to qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. We may be a large company, but we empower our team to create fresh ideas that challenge convention and break the status quo. Our employees are the key to driving our growth and success. Everywhere we operate, they are inspired to develop new and efficient ways of raising the bar to meet the needs of an evolving industry and solve our clients’ toughest challenges.
At Weatherford, you will work in an exciting, high-energy environment where we are making groundbreaking, award-winning advancements in oilfield technology. The opportunity to explore your potential is limitless.
Visit www.weatherford.com/careers to learn more.
Weatherford is ranked in the Global Top 10 in Rigzone's Ideal Employer Rankings - find out more here.