Business Development Analyst

1 month ago

Spartanburg, United States Contec, Inc. Full time

Overview:

The Business Development Analyst will be an integral part of the Business Development team and will be responsible for market research, competitive analysis, and financial analysis as we look to understand market opportunities. Additionally, there will be a customer facing aspect to this role as the position will be responsible for attending trade shows and conferences in new industries.

Responsibilities:
  • Gather and analyze market data using both primary and secondary research through modern and traditional methods. (Internet searches, market research reports, surveys, customer trials, etc.)
    • Market size, growth rates
    • Value chain
    • Voice of Customer Analysis
    • Competitive products, value propositions and price points
  • Market entry strategies and potential competitive responses
  • Assist with developing our differentiated value proposition
  • Participate in developing and executing customer trials with new products and/or services
    • Sampling
    • Site visits
    • Trial summaries
  • Compiling research data and drawing conclusions
  • Conducting financial analysis on companies, new Contec products, and competitive products
  • Effectively interact with Sales, Marketing, Product Management and R&D teams
  • Drawing conclusions on likelihood of project success
  • Developing and delivering compelling presentations based on the conclusions of research
  • Participate in development meetings and stage gate meetings
  • Participates and works within ISO 9001 quality standards guidelines in accordance with Contecs quality goals.
  • Others may be assigned.
Competencies:

Strategic Mindset Seeing ahead to future possibilities and translating them into breakthrough strategies.

Business Insight Applying knowledge of business and the marketplace to advance the organizations goals

Problem Solving Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.

Communicates Effectively Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Presentation Skills Is effective in a variety of formal presentation settings; one on one, small and large groups, with peers, direct reports, bosses, and customers.

Financial Acumen Interpreting and applying the understanding of key financial indicators to make better business decisions

Learning Agility Actively learning through experimentation when tackling new problems, using both successes and failures as seeds for future learning

Listens Effectively to accurately receive and interpret messages in the communication processes

  • Performs duties with the highest regard for safety and quality
  • Ability to understand and follow site protocols, policies and procedures.
  • Able to demonstrate support and adherence to Contecs core values: respect for others, doing whatever it takes within Contecs core values, vision and strategic direction, exhibiting integrity, having a tolerance for risk, understanding there is life outside of work, enjoying the ride.


Requirements:

Bachelor's degree preferred; Masters a plus in Business or other technical discipline; plus 3-5 years experience in market research or a business analyst position; or equivalent combination of education and experience. Skilled in Microsoft office-Excel, Word, and PowerPoint.

Benefits:
  • Competitive market salary with annual incentive
  • PTO starting at 17 days
  • 9 company observed holidays plus 1 floating holiday
  • Community service PTO (up to 40 hours annually)
  • Insurance benefits, including medical (PPO), dental, vision, short and long-term disability, life insurance
  • Two types of Flexible Spending Accounts, 1) Medical Spending Account and 2) Dependent Care Spending Account
  • 401k and a company match (100% up to 3%, and then 50% of the next 2% deferred)
  • Tuition Reimbursement Opportunities
  • Family Benefits
    • Adoption Assistance Program, Infertility Treatment Coverage
    • Maternity and Parental Leave
  • Onsite Amenities
    • Onsite gyms, onsite health clinic, canteen for refreshment
  • Hybrid Work Options (based on department operations)

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