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Business Development Manager, British Columbia

Who we are:

Financeit is a point-of-sale financing provider serving some of the largest home improvement and retail organizations in Canada.

Our platform helps businesses close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle or retail purchase.

We are small enough that you can make an impact within the company and large enough to make an impact in the market.

Financeit is a company where collaboration, inclusivity, fairness, and respect aren’t just ideas that get talked about, but are part of who we are. If such a workplace intrigues you, we hope you’ll join us.

About the role:

Financeit is looking for a Business Development Manager to drive new acquisition sales within the Home Improvement sector across Canada. This role will focus on building and nurturing relationships with associations, OEMs, and service providers to launch new networks of dealers.

The ideal candidate excels at networking and establishing new relationships, and has a data-driven mindset. The role requires someone capable of presenting the product to a large audience, conduct training sessions with key user groups, and develop an in-depth understanding of the Financeit product suite.

The Business Development Manager will be expected to dedicate up to 50% of their efforts in the field, working across Canada to drive opportunities alongside the existing sales team and engaging directly with merchants.

What you’ll do:

  • Proactively identify and pursue new enterprise partnership opportunities within the home improvement space (HVAC, Windows, and Doors, etc.). 
  • Establish a deep understanding of Financeit programs and market position.
  • Provide regular market insights, including competitive trends, home improvement market developments, and enterprise partner needs.
  • Prepare, negotiate, and execute partnership contracts.
  • Maintain the sales pipeline through Salesforce to forecast, track and close opportunities.
  • Position Financeit as the market leader in POS financing with tailored proposals for each partner.
  • Prospect for potential large accounts via cold calling, face-to-face meetings and networking.
  • Cultivate strong relationships with enterprise partners, including executive sponsors and key stakeholders across sales, marketing, and finance.
  • Develop strategic business plans with leadership and support teams.
  • Collaborate with marketing, sales, and production managers to create and implement business strategies for attracting and signing new merchants. 
  • Analyze data to support value propositions and articulate key business insights.
  • Sell multiple business lines and deeper integrations within an Enterprise group.
  • Ensure compliance to our approval and risk requirements.
  • 5+ years of experience in business development and hands-on, face-to-face direct sales.
  • Entrepreneurial spirit with a proven track record for closing large deals.
  • Previous experience with legal procurement and contract negotiation is a plus.
  • Driven, energetic, and comfortable cold calling to build a robust sales pipeline.
  • Excellent verbal and written communication skills.
  • Strong interpersonal, organizational, and multitasking skills, with the ability to meet deadlines and work under pressure.
  • Demonstrated success in managing business-to-business sales and service relationships.
  • Proficiency with CRM systems, ideally Salesforce.
  • Strong analytical skills for assessing and qualifying leads, and managing data.
  • Willingness to travel 50% of the time across Canada and the US for industry events and client meetings.

Certified as one of Canada’s Most Admired Corporate Culture twice, we offer more than just the basics. Take advantage of:

  • An award-winning culture with a collaborative & inclusive team.
  • Competitive pay and performance based bonus.
    • OTE ranging from $110,000 - $160,000
  • Committed to flexible work arrangements, offering hybrid and remote workplace options.
  • Comprehensive medical, dental and vision coverage + Lifestyle Account.
  • RRSP Matching and Parental Leave Top Up Program.
  • In office massage, meditation & workout sessions.
  • Virtual events such as Lunch & Learns, company parties, fun team activities and charity initiatives.
  • Career learning and development programs.

Next Steps:

If what you just read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for a phone interview.

Financeit is an equal opportunity employer. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Average salary estimate

$135000 / YEARLY (est.)
min
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$110000K
$160000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Development Manager, British Columbia, Financeit

Are you ready to take your business development skills to the next level? Financeit, a leading point-of-sale financing provider in Canada, is on the lookout for a passionate Business Development Manager to join our dynamic team. In this role, you’ll have the opportunity to make a significant impact within the home improvement sector by building strong partnerships and driving sales across the country. You'll be proactive in identifying new acquisition opportunities while nurturing relationships with key associations and service providers. We believe in collaboration and inclusivity, which means you'll work alongside a supportive team that values your insights and efforts. With a focus on data-driven strategies, you'll prepare and negotiate contract partnerships, ensuring our product suite is front and center in the market. Expect to engage with merchants and conduct training sessions, all while showcasing your networking prowess. Whether you're at marketing events or meeting with potential clients, your ability to foster relationships will shine. This position requires someone with a sales-oriented mindset, ready to work in the field up to 50% of the time. If you have a proven track record in business development, along with strong analytical and communication skills, we’d love to hear from you. Let’s make a difference together. Join Financeit, and let’s help customers find the best financing options for their home improvements while boosting your career!

Frequently Asked Questions (FAQs) for Business Development Manager, British Columbia Role at Financeit
What are the responsibilities of a Business Development Manager at Financeit?

As a Business Development Manager at Financeit, your main responsibility will be to drive new acquisition sales within the home improvement sector. This includes building and nurturing relationships with key partners, maintaining a sales pipeline through Salesforce, and proposing tailored financing solutions to enterprise partners. You'll engage in market analysis to provide valuable insights that inform strategy and decision-making.

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What qualifications are needed for the Business Development Manager role at Financeit?

To become a Business Development Manager at Financeit, candidates should have at least 5 years of experience in business development, with a strong track record in direct sales. A familiarization with CRM systems, particularly Salesforce, is essential, alongside excellent communication and analytical skills. Experience in legal procurement and contract negotiation adds extra value.

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What is the expected salary range for the Business Development Manager at Financeit?

The expected total earnings for a Business Development Manager at Financeit range from $110,000 to $160,000. This includes a competitive base salary and performance-based bonuses, reflecting the value you bring to the team as you foster new business partnerships.

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Is there room for growth in the Business Development Manager position at Financeit?

Absolutely! At Financeit, we prioritize career learning and development. As a Business Development Manager, you'll have opportunities to expand your skill set and move forward in your career within a culture that celebrates collaborative growth and innovative thinking.

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What benefits does Financeit offer to its Business Development Managers?

Financeit offers a comprehensive range of benefits for its Business Development Managers, including competitive pay, flexible work arrangements, robust medical and dental coverage, and unique perks like in-office wellness sessions and career development programs. Join us to enjoy a truly supportive work environment!

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Common Interview Questions for Business Development Manager, British Columbia
What strategies do you use to drive sales in a challenging market?

To drive sales in a challenging market, I focus on data analysis to identify trends and opportunities. I also leverage my network to build partnerships, ensuring I understand my potential partner’s needs and concerns before proposing tailored solutions.

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How do you prioritize and manage your time when dealing with multiple partnerships?

I utilize CRM tools like Salesforce to track my leads and ensure timely follow-ups. Prioritization involves assessing potential impact and urgency, where I allocate more time to high-value prospects while maintaining regular check-ins with others.

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Can you describe a successful negotiation you’ve conducted?

In a previous role, I successfully negotiated a contract by understanding the partner's objectives and presenting a value-driven proposal. Building rapport helped us reach a win-win situation, leading to a long-term partnership.

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What techniques do you use to build and nurture client relationships?

I believe in maintaining open communication and actively listening to clients. Regular check-ins and providing tailored solutions based on their feedback are essential. I also invest time in networking to create a strong rapport.

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How do you keep current with industry trends in business development?

I subscribe to industry newsletters, attend relevant webinars, and participate in networking events. Staying connected with peers also provides insights on emerging trends and shifts that can influence our strategies.

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What do you consider the most critical skill for a Business Development Manager?

The most critical skill is the ability to communicate effectively. Being able to articulate value propositions clearly and persuasively is essential for establishing trust and securing partnerships.

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Describe your experience with CRM systems in your previous roles.

I have extensive experience with CRM systems, particularly Salesforce. I utilize it for tracking sales funnels, managing customer interactions, and analyzing data to refine our sales strategies.

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How do you handle objections from potential clients?

I view objections as opportunities for discussion and clarification. By actively listening to their concerns, I provide detailed responses that address their hesitations, reinforcing the value we offer.

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Why do you want to work as a Business Development Manager at Financeit?

I'm drawn to Financeit's award-winning culture and its commitment to collaboration and innovation. I believe my skills in building partnerships align perfectly with Financeit's mission to enhance customer financing options in the home improvement sector.

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What is your approach to lead generation?

My approach to lead generation combines networking, cold outreach, and referrals. I focus on identifying potential partners who can benefit from our offerings, followed by personalized outreach to initiate conversations.

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Founded in 2011, FinanceIt is a market leading point-of-sale financing provider servicing the home improvement, recreational vehicle and retail industries. FinanceIt is located in Toronto, Canada.

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Full-time, hybrid
DATE POSTED
March 8, 2025

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